COURSE LENGTH: 2 Days (8:30am - 4:30pm)

OBJECTIVE: Learn how to use JACS to load time dependent and time independent costs into your MS Project schedule and assign uncertainty to task cost and durations. You will learn how to build a Risk Register to ensure that your discrete risks properly influence your integrated cost/schedule model.  You get hands-on experience with built-in wizards that simplify the task of defining uncertainty and correlation.  And you will use the automated health checks to identify errors, determine schedule, cost and uncertainty conflicts, and flag where best practices are not being used.  Learn how to generate a variety of graphical reports to analyze Joint Confidence Level (JCL) results and to identify cost, schedule and uncertainty drivers.

Introduction to Joint Confidence Analysis, JACS, and MS Project
Module 1 – Overview and Terminology
Module 2 – Steps to Building a JCL Model
Module 3 – The Analysis Schedule
Module 4 - Schedule Preliminaries
Module 5 - Configuring the Schedule File for JACS

Using JACS to Build a JCL Model
Module 6 – Mapping Costs to Schedule Activities
Module 7 – Specifying Uncertainty Distributions
Module 8 – Incorporating a Risk Register
Module 9 – Applying Correlation
Module 10 – Conducting a JACS Health Check

Analysis Results
Module 11 - Running a JACS Analysis
Module 12 - Viewing Analysis Results

Working with the Generated JACS Files
Module 13 – JACS Results File