Category: Risk Analysis

Risk Analysis

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Understanding Primavera Risk Analysis: What is Monte Carlo and Latin Hypercube method of sampling?

July 14th, 2010 Risk Analysis primaverarena

What is Monte Carlo and Latin Hypercube method of sampling? Both are methods utilised in the sampling process while conducting risk analysis and Primavera Risk Analysis (Pertmaster) handles both of them. Monte Carlo method of sampling Monte Carlo methods (or Monte Carlo experiments) are a class of computational algorithms that rely on repeated random sampling to compute their results.

Understanding Primavera Risk Analysis : Introduction and Overview

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Understanding Primavera Risk Analysis : Introduction and Overview

June 29th, 2010 Risk Analysis primaverarena

Oracle’s Primavera Risk Analysis was previously known as Primavera Pertmaster is a risk analysis and mitigation tool. Unlike Oracle Primavera P6 it is not a Client Server system but a Standalone File Based tool; just like Microsoft Project. You can also use this as a full fledged planning tool as well. Its support both Microsoft