Futura Nova supports Risk/Uncertainty Analysis using the Danish Lichtenberg Method. The tool is designed to be used ‘live’ to help a multi-disciplinary team evolve a comprehensive overview of a situation or project in terms of time and/or budget/cost/value.

Elements:

• The Qualitative Analysis Modules are an integrated suite of tools which enable issues to be captured, grouped into various categories and then analysed for Base Case assumptions and the related opportunities and risks.
• The Budget Module enables risk/uncertainty analyses of costs, budgets, profitability forecasts and the like.
• The Schedule Module enables risk/uncertainty analyses of logically-linked networks. Results are calculated using Monte Carlo simulation.
• The Risk Management Modules are an integrated set of tools/process for agreeing actions in response to the Analysis phase, developing plans (including completion dates, responsibilities, etc.), and then tracking progress.
• The Reports function enables the user to generate a complete output report, including the management graphics and bar-charts. The report is created in Word 2000 (or later). An HTML version can also be created for use in a project intranet site.
• The software includes comprehensive on-screen help, covering use of the tool as well as process methodology.

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