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Dashboard App Category: Probabilistic EAC Applications Library

Series of dashboard applications that utilize method of moments utilizing statistical modeling of past performance, risk, and SRA results by WBS element to derive a range of estimates.

EAC Probability Setup

Input Dashboard Application for the setup, flagging and coding of the probability function in preparation for the EAC calculation process.

EAC Probability Risk Entry and Review

Allows for the entry and review of risks including probability, impacts and linkages to WBS elements for the probability function. Optional application for Probabilistic EAC functionality.

EAC Probability Calculation

Input/validation workspace app for the probability function.

EAC Probability Analysis

Uses statistical modeling to generate probabilistic EAC and ETC S-Curves for projects, allowing organizations to compare them to the Latest Revised Estimate (LRE) and other estimates for a more comprehensive analysis of project costs.