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Intaver Institute Unveils RiskyProject Version 5 - RiskyProject for ®Microsoft Project - Intaver Institute, Inc. has announced the release of RiskyProject 5, a flexible, yet powerful project risk management software that supports the complete project risk management process including both qualitative and quantitative risk analysis
Intaver Institute Unveils RiskyProject Version 5 - RiskyProject for ®Microsoft Project

 

NewswireToday - /newswire/ - Calgary, Alberta, Canada, 2012/07/18 - Intaver Institute, Inc. has announced the release of RiskyProject 5, a flexible, yet powerful project risk management software that supports the complete project risk management process including both qualitative and quantitative risk analysis.

   
 
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The latest release release includes two flavours, RiskyProject Professional – a comprehensive project risk management solution; and RiskyProject Lite – an affordable yet powerful Monte Carlo schedule risk analysis software. According to Michael Trumper, a partner at Intaver Insitute,“Our latest release is the result of close work with our engineering and aerospace clients to provide full risk assessment and management capabilities for the increasingly large and complex schedules these industries are experiencing. The end result is that we now have two versions, the Professional and Lite, which allow us to meet the specific risk analysis requirements of our clients, while providing very attractive pricing for the current economic conditions.”

New features in this release of RiskyProject Professional 5
• Improved RiskyProject Add-In for Microsoft® Project – perform risk analysis without leaving Microsoft Project
• New statistical reporting engine instantly generates histograms, cumulative probability, and tornado diagrams for multiple network activities
• Improved performance: 64-bit version optimized to handle extremely large project schedules
• Improve sensitivity analysis: new tornado diagrams for each task
• Run analysis on large consolidated/master projects
• Parallel risks
• New find/select feature
• Improved risk matrix
• Risk register summary view

RiskyProject Lite: Monte Carlo Schedule Risk Analysis
• Integrated Monte Carlo risk analysis for Microsoft® Project
• Integration with Oracle® Primavera and other project management software
• Replacement for Risk+
• Multiple statistical distributions for task duration, cost, start time, and lags
• Risk events
• Risk Register
• Risk adjusted project schedule
• Probabilistic resource allocation
• Correlations between task durations and cost; risk event correlation
• Histograms and Cumulative Probability charts for all major project and activity parameters: duration, start time, finish time, and cost
• Tornado diagrams for project and each activity
• Multiple customizable reporting views
• Project tracking with risks and uncertainties
• Easy to use, no programming required!
RiskyProject Professional: Comprehensive Project Risk Management
RiskyProject Professional includes all the RiskyProject Lite: Monte Carlo Schedule Risk Analysis capabilities and more:
• Supports the complete project risk management life cycle:
­risk register
­risk ranking
­customizable risk matrix
­risk response and mitigation plans
­risk mitigation waterfall chart
­comprehensive risk properties
­risk status and risk review
­risk history
• Comprehensive quantitative cost and schedule risk analysis:
­conditional and probabilistic branching
­probabilistic cash flow analysis
­cost analysis diagrams
­crucial tasks diagrams
­risk bubble chart
­success rates view
­probabilistic calendar
• Advanced project tracking with risks and uncertainties
• “What if analysis” with risks and uncertainties using multiple baselines.
• Integration with RiskyProject Add-in for Microsoft Project, Oracle Primavera, Safran Project, Project KickStart project management software.

About Intaver Institute
Intaver Institute Inc. is a leading innovator in the field of project management software, offering our clients unique, cost effective software solutions to their project and portfolio management challenges. Intaver Institute is dedicated to advancing and adding to our patent pending Event Chain Methodology. This technology is the foundation of our project management software product RiskyProject: project planning, quantitative risk analysis, and project performance measurement tool. Intaver Institute is a privately held company headquartered in Calgary, Alberta, Canada.

 
 
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Intaver Institute Unveils RiskyProject Version 5 - RiskyProject for ®Microsoft Project

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Intaver Insitute |
Publisher Contact: Michael W Trumper - Intaver.com 
403-692-2252 mtrumper[.]intaver.com
 
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