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Plan · Schedule & Cost Risk Analysis

Know the odds on your finish date.

Monte Carlo schedule and cost risk analysis run on the real network. You get P50, P80 and P90 dates, the risks driving them, and the time and contingency worth holding.

One date hides the spread.

01

A single printed finish

CPM gives one date. It is one point in a range of outcomes, and usually one of the optimistic ones.

02

Merge points cut the odds

Where several near-critical paths meet one milestone, the chance of hitting it falls quickly. A deterministic schedule cannot show that.

03

Contingency as a round number

Without a model, schedule and cost buffers are guesses. They run dry early or sit untouched at closeout.

What Beck Franklin does

How we model risk.

  1. 01

    Repair the network first

    Open ends and hard constraints distort every iteration, so a health check and repairs come before any simulation.

  2. 02

    Ranges from the people who own the work

    Short interviews with engineers and superintendents set three-point durations for the activities that matter.

  3. 03

    Risks as named events

    A late transformer, a failed inspection, a wet season. Each risk is mapped to the activities it hits, with likelihood and impact.

  4. 04

    Thousands of iterations

    The model returns P50, P80 and P90 dates and costs for each milestone, plus how often each path turns critical.

  5. 05

    Rank mitigation by days bought

    Sensitivity results show which risks move the P80 most, so mitigation money goes where it buys time.

What you walk away with.

Scoped to your project. Native files and plain-English outputs that stay yours when we leave.

Schedule risk reportQSRA

P50, P80 and P90 dates for key milestones, and the confidence level of your current target stated in one sentence.

Cost risk resultsQCRA

A cost range and contingency recommendation at the confidence level you choose, tied to named risks.

Risk driver rankingTornado

The short list of risks and activities behind most of the uncertainty in the finish.

Mitigation planActions

Specific actions with owners and dates, and the effect each one has on the P80 date.

Model filesYours

The risk-loaded schedule and every input, so your team can rerun the model as the project moves.

Timing

When to call us.

The earlier we see the schedule, the more options you keep.

01

Before a date goes public

A board, lender or tenant is about to hear a finish date. Know its odds first.

02

At a funding gate

Contingency has to be set, and the figure needs a basis someone can defend.

03

After a major change

Scope, sequence or delivery method changed, and the old confidence level no longer holds.

04

When paths converge

Several workstreams feed one milestone and float is thinning on all of them at once.

Straight answers to fair questions.

What is a P80 date?

The date the model gives an 80 percent chance of meeting or beating. Many owners commit to the P80 rather than the deterministic finish.

Is this worth it on a smaller project?

Often, when a single milestone carries heavy cost or penalties. The model is scaled to the decision it supports.

Does the schedule need to be perfect first?

No, but the logic must be sound. We repair what would distort the results and tell you exactly what we changed.

Can we see how it works?

Try Finish-Date Confidence in our Controls Lab. It runs a Monte Carlo on a sample network in your browser.

Related services.

Schedule & Cost Risk Analysis

Send the schedule. Act while you have options.

Share the project, the latest XER and the date you are protecting. We will tell you plainly what the schedule is telling you.