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Impact of Pre Grading Resubmission of Projects on Test Grades in an Proc Isecon  Form

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[Music] this video is a brief overview of our upcoming webinar on how to use the results of your project risk analysis as a review to perform quantitative project risk analysis you need two sources of information project risk register and a project schedule with uncertainties risks are assigned to the schedule with probabilities and impacts and then a monte carlo simulation is run the results of the analysis are statistical distribution of project cost finish time and other project parameters as well as ranking risks in the risk register after running the monte carlo project risk analysis there are three main outputs the statistical analysis of cost and schedule this is provided in the form of histograms or probability charts and cumulative probability plots or s curves the histogram provides information on the probability of of certain outcomes the cumulative probability provides confidence levels on how likely it is to meet specific objectives and in addition the statistical analysis

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