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Ensuring Schedule Quality for Effective Schedule Risk Analysis

Designed for project managers, risk analysts, and PMO professionals, this webinar educates attendees on the critical importance of schedule quality, provide a detailed overview of schedule checks for SRAs and demonstrate the practical use of RiskyProject Professional’s diagnostics tools. Schedule Risk Analysis (SRA) is vital for forecasting durations, identifying risks, and quantifying uncertainties with Monte Carlo simulations. However, the accuracy of SRA depends on a high-quality schedule—flawed logic or incomplete networks can lead to distorted results and poor decision-making. This webinar will cover three key sections: Introduction to Schedule Quality Importance for SRA: We’ll explain why schedule quality is foundational (e.g., “Garbage In, Garbage Out” principle), discuss impacts like underestimated delays, and share statistics showing 20-30% improvements in forecast accuracy. Overview of the 14-Point Schedule Checks – Breakdown from Most to Least Important: Dive into the 14-Point Assessment as a the basic framework, with a ranked breakdown prioritized for ensuring precedent network updates in Monte Carlo SRA. We’ll cover ranking criteria (e.g., core logic first), descriptions, thresholds, relevance to SRA, and fixes for each point, from Rank 1 (Missing Logic) to Rank 14 (Critical Path Length Index). How to Configure and Run Diagnostics in RiskyProject Professional: A step-by-step demonstration of how to run the Schedule Diagnostics in RiskyProject, including importing schedules, configuring tests, running analyses, and reviewing results. Intaver Institute, home of RiskyProject Software: https://www.intaver.com LinkedIn:   / intaver-institute-inc   Twitter:   / intaver   Facebook:   / intaverinstitute   RiskyProject LinkedIn Group:   / 4263422   Project Decision Analysis: https://www.projectdecisions.org