Download Control 2008 User Guide A Guideline for the

Control 2008 User Guide
Risk Simulation
7.2 Allocating risks
In Chapter 2, the basic “Edit task” dialog box was shown, and the various sub-dialog boxes introduced. One sub-dialog box was for risk management. It is covered
here.
The “Tab 6: Risks” sub-dialog box collects the parameters used in the risk simulation for each task.
Start of schedule task
(Shifts):
The “Optimistic”, “Probable”, and “Pessimistic” delays
which may occur before the trade arrives to commence work. This measures the risk of a trade being
late to commence work.
Schedule task duration
(As a percentage):
The “Optimistic”, “Probable”, and “Pessimistic” durations for the task, expressed as a percentage, of the
calculated duration. This measures the risk of a trade
being faster or slower than planned.
Come-back delay (Hour): The “Minimum”, “Expected” and “Maximum” hours of
delay which may occur before a trade returns to site
after being interrupted. This measures the risk of a
trade being delayed after leaving the site. This risk is
applied each time the trade has to return from a delay.
Beginning risk (Hour):
The “Minimum”, “Expected”, and “Maximum” hours of
delay which may occur before a trade returns to continue in a location.
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