Margin Likelihood and Distribution report
You use the Margin Likelihood and Distribution report to identify:
- The number of times each potential project margin amount (income minus cost) was achieved across the iterations that were carried out during the last risk analysis operation. This is indicated by the vertical bars in the report and the left hand y axis. The project margin in the live data is highlighted in a different colour.
- The likelihood in percentage terms of a particular project margin amount being accurate. This is indicated by the cumulative line graph and the right hand y axis.
- The lowest and highest possible project margin amounts (ie best and worst case scenarios).
- The mean project margin amount, and the standard deviation from the mean.
Note that unlike the other likelihood and distribution reports, in which the values on the x axis go from the lowest on the left to the highest on the right, the x axis of this report shows the highest value at the far left and the lowest value at the far right. This is because higher margins are less likely to be achieved than lower margins.
To access the Margin Likelihood and Distribution report:
- Click the Reports control on the Results tab of the Risk Analysis dialog and select Likelihood and Distribution. The Likelihood and Distribution Reports dialog appears.
- Click the Margin tab.