Full Monte SRA

Full Monte SRA

Barbecana Inc.
ModelRisk

ModelRisk

Vose Software
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+

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About

About the only thing you can be certain of about a project completion date calculated by traditional critical path method (CPM) scheduling tools is that it will be wrong. Even assuming the schedule complies with best practices, contains the entire project scope, and has reasonable estimates for activity (task) durations, there is a strong likelihood the project will not be delivered on time or within budget. Why is that? Because every project is subject to uncertainty. Unfortunately, even if the original estimates are good and activity actual durations are on average close to the original estimates, a phenomenon called merge bias means that the more predecessors any given activity has, the less probable it is to start on time. This is the key reason for performing a schedule risk analysis using Monte Carlo simulation. Barbecana’s Full Monte Schedule Risk Analysis software is a very fast, easy to use,

About

ModelRisk is a Monte Carlo simulation Excel add-in that allows the user to include uncertainty in their spreadsheet models. ModelRisk has been the innovation leader in the marketplace since 2009, being the first to introduce many technical Monte Carlo method features that make risk models easier to build, easier to audit and test, and more precisely match the problems you face. A ModelRisk user replaces uncertain values within their Excel model with special ModelRisk quantitative probability distribution functions that describe the uncertainty about those values. ModelRisk then uses Monte Carlo simulation to automatically generate thousands of possible scenarios. In the same way that Excel is used for many different types of analysis, ModelRisk is used to assess the uncertainty in the numbers produced by the Excel model. Users have performed risks analyses with ModelRisk in a vast range of fields.

Platforms Supported

Windows Supported
Mac Not Supported
Linux Not Supported
Cloud Not Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Supported
Mac Not Supported
Linux Not Supported
Cloud Not Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Organizations searching for an advanced collaboration and risk management solution

Audience

Risk Management platform for organizations seeking a solution to manage their operations

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

$1,195 one time payment
Licenses are perpetual and include 12 months maintenance and support (including free software updates). Maintenance and Support can be renewed after 12 months for $299 per year.
Free Version Not Supported
Free Trial Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported

Company Information

Barbecana Inc.
Founded: 2012
United States
www.barbecana.com

Company Information

Vose Software
Belgium
www.vosesoftware.com/products/modelrisk/

Alternatives

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Intaver Institute

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@RISK

@RISK

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ModelRisk

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Categories

Project Management Supported

Categories

Project Management Features

Agile Methodologies Supported
Budget Management Supported
Client Portal Not Supported
Collaboration Tools Not Supported
Cost-to-Completion Tracking Supported
Customizable Templates Supported
Gantt Charts Supported
Idea Management Not Supported
Kanban Board Not Supported
Milestone Tracking Supported
Portfolio Management Not Supported
Resource Management Supported
Time & Expense Tracking Not Supported
Traditional Methodologies Supported

Risk Management Features

Alerts/Notifications Not Supported
Auditing Not Supported
Business Process Control Not Supported
Compliance Management Not Supported
Corrective Actions (CAPA) Not Supported
Dashboard Not Supported
Exceptions Management Not Supported
Internal Controls Management Not Supported
IT Risk Management Not Supported
Legal Risk Management Not Supported
Mobile Access Not Supported
Operational Risk Management Not Supported
Predictive Analytics Not Supported
Reputation Risk Management Not Supported
Response Management Not Supported
Risk Assessment Supported

Integrations

Microsoft Project Supported
Oracle Primavera Supported

Integrations

Microsoft Project Not Supported
Oracle Primavera Not Supported
Claim Full Monte SRA and update features and information
Claim Full Monte SRA and update features and information
Claim ModelRisk and update features and information
Claim ModelRisk and update features and information