Risk Histogram

The Risk Histogram visualizes results from numerous iterations made using the distributions assigned to line items. Click on the Risk histogram icon next to any line item to report against that point in the project.

By clicking on the Risk histogram icon at the top level, you can report on the total project, as shown below.

Blue bars indicate the number of iterations that land on a specific date; for this example, finish date. The information on the right provides insight into the probability of hitting the deterministic end date and indicate which dates align with various P-values. This example shows the following:

• A 6% chance of completing the project by the deterministic date of 13 Apr 21.
• P-75% shows a date of 21 Sep 21, a 161-day extension upon the deterministic date. This corresponds to the need for a contingency value of 161 days to be 75% confident in finishing the project on 21 Sep 21 or earlier.
• P-0% is best case scenario and conversely, P-100% is worst case.