This following procedure allows you to calculate the impact of the Project risk using Risk Value Method.
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In the Project Risk Register panel, click the Risk ID hyperlink for which the Quantitative Analysis Method is Risk Level.
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Click the IMPACT tab. The existing action items appear.
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(Optional) Click the Risk Type ellipsis to change the risk type.
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Type the Probability (percent).
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Click the Risk value Method ellipsis and select the required method to calculate the risk.
According to the selected method, the mandatory fields to be filled in change.
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Type the Unmitigated Risk Value.
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Type the below values:
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Low (cost)
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Likely (cost)
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High (cost)
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Low (days)
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Likely (days)
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High (days)
Enter the values for Low, High, and Likely (cost/days) according to the selected method.
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Type the percentages below:
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Cost Confidence (percent)
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Schedule Confidence (percent)
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Click SAVE.
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Click the Impact by Method hyperlink. The calculated risk impact values appear in the Risk Method Values dialog.