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Calculating a Risk’s Impact

The module uses the top-down estimation method to apply a risk’s exposure values and calculate impact on a project’s schedule, cost, and duration. The module applies these values to activities that finish on or after the risk’s impact date. This does not include completed, locked, or milestone activities.

When applying exposure values, the module uses any WBS elements and activities the WBS contains, along with resource assignments and information (such as price and availability), then schedules the project according to your current scheduling preferences.

You must first determine a risk’s exposure values on the Impact tab before calculating a risk’s impact.

Calculate a risk’s impact Schedule the project whose risk impact you want to calculate, then choose Project, Risks. Select the risk whose impact you want to calculate. Click Calc Impact in the command bar. The module applies any resource units, then schedules the project using the current scheduling options.

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Creating and Deleting Risk Types

You can create risk types, or categories of possible risks, that you can assign to risks in any project. You can use risk types to classify and standardize risks for all projects.

Add a new risk type Choose Admin, Admin Categories. Click the

Risk Types tab, then click Add. Type the name of the new risk type.

To move a risk type up or down in the list, select it, then click Shift Up or Shift Down.

Delete a risk type Choose Admin, Admin Categories. Click the Risk

Types tab, then select a risk. Click Delete. Click Yes to delete it.

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Customizing Risk Layouts

Use the Columns dialog box to specify which columns you want to display in the current risk spreadsheet layout.

Customize risk layout columns In the Project Risks window, click the Display Options bar and choose Columns, Customize.

Modify the columns shown in the risk layout by clicking the right/left arrow buttons to move data items between the Available Options and Selected Options columns.

Items listed in the Selected Options column will appear in the current layout when you click OK. Click Apply to see your changes without closing the dialog box.

Filter, group, and sort risk layouts You can select the risks you want to view and specify how you want to display them, and you can restrict which risks you view. In the Project Risks window, click the Display Options bar. Choose Filter By or Group and Sort By and the option that best describes how you want to view risks.

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This risk layout is grouped by WBS element and filtered by open risks for quick analysis.

Primavera - Project Management