Understand and improve the probability of delivering projects on time and on budget. DICE quantifies uncertainty across every task in your project, transforming estimated duration ranges into actionable intelligence on schedule risk and cost exposure.
What Is DICE Project Analysis?
Most tasks in your project have uncertainty in number of days to complete, and that uncertainty accumulates. DICE runs thousands of simulations of how your timeline could realistically play out and delivers two outputs:
(1) The probability of completion by any specific date, based on what you know today, and (2) Which tasks are both deadline-critical and highly uncertain, so you know exactly where to focus your attention and take action.
Duration Range Inputs
Provide best-case and worst-case duration estimate for each task, along with task dependencies.
Completion Probability
See the statistical likelihood of finishing your project by any given date.
Task Prioritization
Identify which tasks carry the most uncertainty and the greatest impact on your overall timeline. Focus effort where it matters most.
Cost Risk Analysis
Translate schedule uncertainty into dollars and understand how delays impact your budget before they happen.
Ready to De-Risk Your Next Project?
Turn uncertainty into actionable intelligence with DICE project risk analytics.
Frequently Asked Questions
Monte Carlo project risk analysis runs thousands of simulations of how a project timeline could realistically play out, turning uncertain task durations into the probability of finishing by a given date. It replaces a single-point estimate with a probability distribution. TILT delivers this through DICE, which also flags which tasks drive the most schedule and cost risk.
Two outputs. One: the probability of completion by any specific date, based on what you know today. Two: which tasks are both deadline-critical and highly uncertain, so you know exactly where to focus. DICE also translates schedule uncertainty into dollars so you see budget exposure before it happens.
Teams delivering complex projects on a deadline and a budget: developers, contractors, program managers, and operators who need a defensible read on schedule and cost risk. DICE is built for projects where task-level uncertainty accumulates into real exposure that a Gantt chart does not show.
A task list with dependencies, plus a best-case and worst-case duration estimate for each task. You do not need a single "expected" number per task. DICE uses the ranges and the dependency structure to simulate how uncertainty compounds across the full schedule.
Both. DICE produces the schedule probability distribution and translates that uncertainty into dollars, showing how delays flow through to budget. You see the cost impact of schedule risk before committing, not after a slip has already happened.
Gantt charts and tools like MS Project show a single planned timeline. DICE models the uncertainty around that plan: it simulates thousands of outcomes and reports the probability of hitting a date plus the tasks that carry the most combined risk and impact. It is a risk-quantification layer, not a scheduling replacement.
Yes. Justin scopes DICE to your task structure, dependency logic, and reporting needs. Projects with unusual sequencing, conditional tasks, or specific cost-linkage requirements are handled as part of the engagement rather than forced into a fixed template.
Start with a free consultation. Submit the contact form or email Justin; he replies within 24 hours. After a short scoping call to understand the project and the decision at stake, Justin sets up the analysis and returns initial outputs in a few calls and a draft.
Let's Analyze Your Project
Ready to understand the real risk profile of your next project? Fill out the form and our team will get back to you within one business day.
What You'll Get
- Statistical completion date analysis
- Task-level uncertainty prioritization
- Cost risk quantification
- Easy-to-use Excel interface