Add Risk Analysis to Project Management
@RISK is the Risk Analysis and Simulation add-in for Microsoft® Project. Add the power of Monte Carlo simulation to your Project models! @RISK for Project features all the power and ease of use of @RISK for Microsoft Excel. Simply replace uncertain values in your project with @RISK functions which represent a range of possible values. Select bottom-line fields like Finish Date, Project Duration, or Total Cost as outputs, and start a simulation. @RISK recalculates your project hundreds or even thousands of times, each time selecting random numbers from the @RISK functions you entered. The result: distributions of possible outcomes and the probabilities of getting those results. This not only tells you what could happen in a given situation, but how likely it is that it will happen. Sensitivity and Scenario analyses will help you identify critical situations that could seriously impact your project.
