Project Sensitivity Analysis

Project Sensitivity Analysis determines which variables have the most potential to impact the project. This is one of the methods of modeling risks in the project. The method determines the impact of the risks on the  project outcome using a quantifiable value. The higher the sensitivity, the more the importance to be given to the variable, as it could have potentially large impact on the project. Tornado diagram and Bar diagrams are used to represent the sensitivity alongside the identified Risks in the project.

Below is a bar diagram representation of sensitivity analysis. [Source]