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AEC Technology Glossary

Project Controls

What is Schedule Risk Analysis?

Schedule risk analysis quantifies how likely a project is to finish on time and which activities threaten it — classically via Monte Carlo simulation over duration ranges, and now via machine learning models trained on how similar activities actually performed on thousands of past projects.

In practice

Instead of one deterministic end date, teams get probability distributions ('80% chance of finishing by June') and a ranked list of risk drivers, changing schedule reviews from opinion to forecast.

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