Your schedule says the project finishes on the 14th. Everyone in the room knows that date is a best guess, but nobody can say how good a guess it is. RiskyProject from Intaver Institute is built for that gap: it takes your schedule, adds the risks and uncertainties you know about, and shows you the range of outcomes you can expect.
Quick facts
- Latest version: 8.0.5
- Platform: Windows desktop application and Microsoft Project add-in
- Editions: Lite, Professional and Enterprise (portfolio, with a central database)
- Requirements: Microsoft .NET Framework 3.5; about 280 MB disk space
- Trial: a demo version is available
Key features
Monte Carlo schedule and cost risk analysis
You get risk-adjusted schedules, sensitivity analysis and tornado charts, probabilistic and conditional branching, multiple statistical distributions, risk correlations and risk ranking. Cost and schedule are analyzed together, including probabilistic cash flow and Joint Confidence Level analysis.
A risk register that covers the whole risk life cycle
Track threats, opportunities, issues and lessons learned, with customizable properties, risk matrices, dashboards, trend analysis, mitigation and response plans, and waterfall charts. You assign risks to tasks and resources by drag and drop. Version 8 adds AI-driven risk identification.
Import schedules from the tools you already use
Open schedules from Oracle Primavera P6 and Microsoft Project (including a Project add-in), or bring in others through XML files. You can also build and maintain a full schedule inside RiskyProject's own scheduling engine. Excel is supported for importing and exporting risk register data.
Forecasting for projects already underway
Forecast duration and cost from actual performance with Bayesian forecasting, so the risk picture updates as the project moves.
Schedule quality checks and reporting
Run a DCMA 14-Point Schedule Assessment and use the Schedule Health Check Meter. Reports include statistical reports, frequency and cumulative probability charts, scatter plots, crucial-task analysis, success-rate analysis and risk bubble charts.
Who it's for
It suits project controls staff, schedulers and risk managers who need to defend a date or budget with numbers. It handles small schedules and very large programs with tens of thousands of activities. If you manage a portfolio, the Enterprise edition adds user roles, a review and approval process, and a shared database.
Pros and cons
- Pro: Quantitative Monte Carlo analysis and a full risk register in one tool.
- Pro: Works with Primavera P6 and Microsoft Project schedules.
- Pro: Covers non-schedule risks such as quality and safety.
- Con: Windows only.
- Con: The AI risk identification feature needs an Internet connection.
- Con: Portfolio features require the Enterprise edition and a database server.
FAQs
Does it work with Microsoft Project?
Yes. You can run the analysis from the RiskyProject add-in inside Microsoft Project or export your schedule to RiskyProject.
Can I use it without another scheduling tool?
Yes. It runs as a standalone application with its own scheduling engine.
Which editions exist?
Lite, Professional and Enterprise. Enterprise adds portfolio risk management and a central database.
Is there a trial?
A demo version is available to try before you buy.
System requirements
Windows, with Microsoft .NET Framework 3.5 and roughly 280 MB of disk space.