Risk analysis
0:51Occurrence probability, impact, P90 and sensitivity.
Featured tool
ProjectRiskLab
Monte Carlo simulation for project risks, costs and schedules
Two workspaces: analyse the combined impact of risks or simulate the duration and direct cost of an activity plan. Enter or import your data, run Monte Carlo and explore the results. No code required.
+1,000 professionals, companies and business schools across Europe
Licensing via contact · Academic discounts available
ProjectRiskLab in action
Two short demos, from model inputs to simulation results.
Cost & schedule
1:00Activities, dependencies, duration, direct cost and sampled Gantt charts.
01
Risk analysis
Model each risk’s probability and impact. Explore total impact, percentiles and sensitivity.
02
Cost & schedule
Simulate activities with dependencies and duration and direct-cost estimates. Examine distributions, Gantt charts and criticality.
03
Interactive visualisations
Histograms, S-curves and percentile analysis to communicate risks clearly.
04
Projects and history
Keep each simulation’s inputs and results. Group runs in a project and compare compatible results.
Use cases
Risk reserves
Explore different coverage levels for risk impact to assess a reserve.
Costs and schedules
Explore possible plan durations and direct costs, and which activities become critical.
Scenario comparison
Compare compatible simulations within a project to examine changes to the model.
ProjectRiskLab
Monte Carlo simulation for project risks, costs and schedules
Teaching resources
Free material for project management teachers and students. Use it in class and adapt it freely with attribution.
Interactive demo
Monte Carlo step by step
How a Monte Carlo simulation of project risks works, iteration by iteration: probability, PERT distribution, histogram, P50 and P80.
Open the demo → Free · CC BY 4.0
Video series · in Spanish Working with AI today
Four short videos, narrated in Spanish, on working with AI assistants beyond the chat: folder access, connectors and MCP, skills and scheduled tasks.
Watch the series → Free · 4 videos · ~8 min
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