Project Risk Management Software RiskyProject
Risk Chart
Risk chart shows risks associated with tasks versus task
duration or task cost.
The risk is expressed as task standard deviation of task
duration or cost, maximum, minimum values, ranges, or different
percentiles (P10, P90, etc.). In a well-balanced project
schedules, different tasks usually have similar level of risks.
However, if the risk associated with a task is higher than for
other tasks with similar duration or cost, these risks should be
carefully analyzed and possibly mitigated. Alternatively, if a
task does not have significant risks and uncertainties compared
with other similar tasks, it may make sense to analyze
the task uncertainties to see if they have been
represented properly.
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