Case Study

PragmaRisk uses the DecisionTools Suite to Determine and Monitor Contingency Funds for Construction Projects – Palisade

PragmaRisk uses the DecisionTools Suite to Determine and Monitor Contingency Funds for Construction Projects – Palisade

Pages 9 Pages

Customers & Industries: PragmaRisk Industry: Construction Product(s): DecisionTools Suite Application: Project cost and schedule risk analysis Summary PragmaRisk uses the DecisionTools Suite to assess the risks related to budgets and schedules overrunning for engineering and construction projects. Using @RISK and StatTools (both part of the DecisionTools Suite), PragmaRisk determines the contingency funds required to mitigate risks, based on budgets available and the risk appetite of the organisation. DecisionTools Suite Home Customers & Industries PragmaRisk @RISK integrates really well with Microsoft Excel, which is a big advantage in terms of productivity when we are developing risk models. In addition, the software is integrated with the popular MS Project, which makes the modelling pr

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