08 · Personalised professional service

Schedule & Cost Risk Analysis

Quantitative assessment of schedule and cost uncertainty using Monte Carlo simulation to test confidence in completion dates, budgets and contingency.

Professional scope

Designed around the decision, system or entitlement at issue.

We convert uncertainty and risk events into a transparent quantitative model, test thousands of possible outcomes and show the confidence attached to key dates, cost forecasts and contingency allowances.

Scope can include

Core capabilities

  • Risk-model design and schedule-readiness review
  • Monte Carlo schedule and cost simulation
  • P50, P80 and other confidence outcomes
  • Sensitivity, key drivers and mitigation priorities
Outputs

Professional deliverables

  • Probabilistic completion-date and cost forecasts
  • Confidence curves and P-level outcomes
  • Contingency adequacy assessment
  • Risk-driver ranking and mitigation priorities
Approach

Methods selected to suit the requirement.

Proportionate and defensible. Scope, inputs, methodology, review points and deliverables are agreed before work begins. The selected approach reflects the project stage, available evidence, contractual context and intended use.

Start with the project requirement

Share the project stage, available records, principal concern and required timing. 3A will define the appropriate scope and deliverables before commencing the engagement.