Oracle | Primavera Risk: Pertmaster Loading Risk Manually

The fourth step of a typical Oracle | Primavera Risk (Pertmaster) Monte Carlo analysis is to load uncertainty or productivity ranges on the network activities.  Loading three-point estimates (minimum, likely, and maximum) manually can be very time for large projects, however may be very useful for summary schedules or key areas of the project schedule.

Video Walkthrough of Manually Loading Risk Ranges in Oracle | Primavera Risk (Pertmaster) (Duration: 4 min: 49 sec)

Overview and Steps

  • The Primavera and Microsoft Project Gantt Chart views have the minimum, most likely, and maximum columns shown.
  • The duration uncertainty column can be added to any view.  The columns are Risk Input – Duration Minimum, Risk Input – Duration Most Likely, Risk Input – Duration Maximum.
  • The distribution type (Triangle, Beta Pert, etc) can be added to any view by adding the Risk Input – Duration Distribution column.
  • The risk analyst can type directly in the columns to manually set the three-point estimates.
  • The minimum, most likely, and max can be equal, however the durations cannot be out of logical order.  For example, the minimum cannot be bigger than the most likely or maximum.

Viewing Risk Data in the Navigation Pane

  • The risk data can also be manually manipulated via the Risk and Uncertainty tab in the navigation pane.
  • The risk analyst or auditor can find any risk information for the project located in the Risk and Uncertainty tab, such as three-point estimates and probability of occurrence.
  • A second layer of tabs will appear when the Risk and Uncertainty tab is selected.  Project managers can change the three-point estimates and distributions in the Duration Uncertainty tab located in the second layer.


Copyright © 2021 PRC Software. All rights reserved

This will close in 0 seconds


This will close in 0 seconds

The PRC Enterprise Risk Register is a web-based risk management software solution which allows for the tracking of risk at the project and portfolio level.  Audit logs for all risk updates and changes are available at the click of a button to aid with audits, claims and the flow of information.  The power of the PRC Enterprise Risk Register is in the simplicity of the user interface, which is designed to navigate easily at both project and portfolio levels without compromising functionality or data.  The PRC Enterprise Risk Register allows for mapping across project levels so the data can be reported at the portfolio level, even if the work, risk and organizational breakdown structures are not standardized.

Read More

This will close in 0 seconds

The PRC Enterprise Cost Risk Analysis is a customizable web-based solution for simulating estimate cost and determining cost contingency, cost drivers, and risk hotspots. The key to a good risk analysis is good inputs.  The software cannot be a roadblock to success. Good risk software should be easy on the end user. Monte Carlo simulation is already a complex.  The software should simplify the process.

Read More

This will close in 0 seconds

The PRC Enterprise Schedule Risk Analysis is a customizable web-based solution for simulating schedule duration and dates. At PRC Software, we believe that the key to good risk software is through good inputs and excellent user friendliness. A Monte Carlo simulation is already a complex.  The software should not be complicated as well.

Read More

This will close in 0 seconds

PRC specializes in risk analysis, audit, and training.  We have cross-industry experience in fields such as Aerospace & Defense, Oil & Gas, and Engineering & Construction.  We believe that over-complicating the risk process often leads to wasted effort and poor results.  Our goal is to "make it simple."

Read More

This will close in 0 seconds