The Correlation page allows the user to correlate the cost of the tasks in selected project. Each task can be correlated to one or more tasks. Correlations can be done in three ways: Manual Correlation, Group Correlation and Correlation Matrix.
Figure 1
In Manual Correlation
This functionality is used to add correlations to a selected task.
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Figure 2
Figure 3
This functionality is used to reorder the columns in this page.
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Figure 4
This functionality is used to delete or remove all correlations.
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Figure 5
This functionality is used to import the correlations from an .xls file.
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Figure 6
In Group Correlation
This functionality is used to add a group correlation by giving criteria based on which the correlations are created.
Figure 7
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This functionality is used to create a new correlation group with multiple filters.
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Figure 8
The newly created correlation group is shown in the value combo and used to filter the tasks by selecting correlation group from the field dropdown with its criteria. (Figure 9)
Figure 9
This functionality is used to delete the existing correlation groups.
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Figure 10
This functionality is used to delete or remove all correlations in every groups.
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Figure 11
This functionality is used to import the correlations from an .xls file.
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Figure 12
This functionality is used to export the correlations that are added in this page to an .xls file.
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In Correlation Matrix
Correlation Matrix maps between tasks.
This functionality is used to export the correlation matrix that is added in this page to an .xls file.
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Figure 13
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The PRC Enterprise Risk Register is a web-based risk management software solution which allows for the tracking of risk at the project and portfolio level. Audit logs for all risk updates and changes are available at the click of a button to aid with audits, claims and the flow of information. The power of the PRC Enterprise Risk Register is in the simplicity of the user interface, which is designed to navigate easily at both project and portfolio levels without compromising functionality or data. The PRC Enterprise Risk Register allows for mapping across project levels so the data can be reported at the portfolio level, even if the work, risk and organizational breakdown structures are not standardized.
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The PRC Enterprise Cost Risk Analysis is a customizable web-based solution for simulating estimate cost and determining cost contingency, cost drivers, and risk hotspots. The key to a good risk analysis is good inputs. The software cannot be a roadblock to success. Good risk software should be easy on the end user. Monte Carlo simulation is already a complex. The software should simplify the process.
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The PRC Enterprise Schedule Risk Analysis is a customizable web-based solution for simulating schedule duration and dates. At PRC Software, we believe that the key to good risk software is through good inputs and excellent user friendliness. A Monte Carlo simulation is already a complex. The software should not be complicated as well.
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PRC specializes in risk analysis, audit, and training. We have cross-industry experience in fields such as Aerospace & Defense, Oil & Gas, and Engineering & Construction. We believe that over-complicating the risk process often leads to wasted effort and poor results. Our goal is to "make it simple."
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