Patrick Engineering Uses @RISK for Cost and Schedule Risk on MBTA Project

Patrick Engineering, a nationwide U.S. engineering, design, and project management firm, provides independent cost estimating, scheduling, and risk analysis services for the Massachusetts Bay Transportation Authority (MBTA). Given the uncertainty of cost and schedule duration estimates, the best way to display them is with probability distributions. Patrick Engineering uses @RISK to assess cost and schedule […]

VIDEO: Cost Estimation and Risk Registers using @RISK

Palisade expert trainer Rafael Hartke discusses how to use @RISK  for cost estimation–more specifically,  how to transform your deterministic models into probabilistic ones.  This recorded webcast shows you how to add uncertainty as well as a risk register to your model.     About the trainer: Rafael Hartke is an Oil and Energy Industry Consultant at […]