Risk Assumptions - Advanced probability technique

Risk

Description

Timing

Description

Notes to model

S

Site risks

C

Construction Period

1 @Risk is required to run simulations through this model

SC

Scope risks

C3

End of Construction Period

2 Results for retained and transferable risk need to be extracted from @Risk and inserted into the "Outputs" worksheet

SF

Sponsor & finance risk

CO

Upgrading Periods

3 The 5% confidence limit is reported as the "Best Case"

D

Design risks

O

Operating Period

4 The Mean is reported as the "Most Likely Case"

C

Construction risks

O1

First year of operations

5 The 95% confidence limit is reported as the "Worst Case"

CO

Commissioning risk

O2

Second year of operations

6 It is possible to sort the risks by category type using the Category codes

L

Change in law risks

O10

Tenth year of operations

7 Qualitative risks are shaded:

 

 

O

Operating risks

L

Project Period

 

E

Energy risks

 

 

 

T

Technology risk

 

 

 

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