More Realistic Estimating –
Separating Risks and Opportunities From Uncertainty
Introduction
Primavera Pertmaster’s risk register allows you to make much more
detailed risk assessments to activities in your projects.
Without using a risk register in your risk assessments, you are limited to
describing risk using simple three-point estimates. While this is in itself a
great step forward from using single-point estimates, it does not allow
you to separate out the reasons for the different outcomes in the threepoint
estimates.
In this document, an example is
used to demonstrate the benefits
of using Pertmaster’s new risk
register. They include better understanding, planning, communication,
negotiation, mitigation and management of risk.
This document also shows the undue pessimism that can result from
not using a risk register for assessing risk.
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