Risk
Run Monte Carlo schedule and cost risk before the risk becomes a claim.
Quantitative risk analysis over the live programme. Risk models both schedule and cost uncertainty at the same time: three-point distributions on activity durations and costs, correlated activities, discrete risk events with probability and impact, and full Monte Carlo simulation over the CPM network. The result is a joined-up view of P-value completion dates, cost exposure, contingency needs and a ranked tornado of the drivers that actually move the tail.
Included from: Max — $99/month per seat
Schedule + Cost
Joint Monte Carlo simulation
P10–P90
Confidence-based dates and costs
Tornado
Ranked drivers by impact
Correlated
Related risks move together
How it works
Load the programme
Import or build the schedule in TideLine, then attach cost estimates at activity or WBS level.
Model uncertainty
Apply optimistic / most likely / pessimistic ranges to durations and costs, set correlations, and register discrete risk events with probability and impact.
Run the simulation
Monte Carlo reschedules the network on every iteration and builds the joint schedule-cost outcome distribution.
Read the drivers
Tornado charts and criticality rankings show which activities and risks are driving the tail — so mitigation effort goes to the right place.
Size contingency and report
Set a confidence target, read the recommended contingency, and export histograms, tornado charts and the risk register into the board pack or tender submission.
What it does
- ■Schedule risk: three-point duration distributions (triangular, PERT, uniform, beta) on every activity
- ■Cost risk: three-point cost estimates and uncertainty mapped directly to activities and WBS
- ■Discrete risk events with probability of occurrence, schedule impact and cost impact ranges
- ■Activity correlation so related risks move together, not in isolation
- ■Monte Carlo simulation over the full CPM network with thousands of iterations
- ■P10/P50/P80/P90 completion dates and total-cost outcomes on one dashboard
- ■Tornado charts and criticality indexes that rank the biggest schedule and cost drivers
- ■Contingency and management reserve sizing to any target confidence level
- ■Risk register with ownership, status, mitigation actions and pre/post-mitigation comparison
- ■Risk reports and histogram exports for board packs, tenders and claim defence
What you get out
- ●P10/P50/P80/P90 completion and cost histograms
- ●Tornado chart of schedule and cost drivers
- ●Criticality and sensitivity rankings
- ●Contingency and management-reserve recommendation
- ●Risk register with mitigation tracking
- ●Risk report exports for PPTX/PDF
Who uses it
Risk managers, estimators, owners setting contingency, contractors proving achievability, and claims teams defending or challenging programme risk.