Why we built it

The method, in the workbook

Our QRAs follow the method on our risk modelling page: risk drivers, correlation between groups, schedule-linked costs, LPHC screening, stated precision and estimate maturity checks. Quantik puts that method inside Excel, next to the estimate, so the model can be handed to a client or reviewer and re-run.

Validated27Past QRAs reproduced
@RISK formulas98 / 98Cells in a real Cenex @RISK workbook resolved without @RISK
Authority templates4DITRDCA, TMR, INSW, DTF
RunsOfflineWindows, 64-bit Excel
What it does

What our clients see in a Quantik model

01

Estimate and register together

Base estimate, risk drivers, the risk register and the programme in one workbook, with inherent and contingent risk simulated in a single run.

02

Reviewer-ready tests

The GN3A correlation test at ρ = 0 and ρ = 1, P90 reported with its own ± at 95%, and a run log with method, seed and settings.

03

Authority formats

Summary sheets laid out for the Commonwealth, Queensland TMR, NSW and Victoria, including a P5–P95 table at 5% steps.

04

Maturity checks

The estimate's AACE class and data quality, checked against accuracy ranges and a reference-class outside view. See estimate maturity.

Service or software

Which do you need?

Cenex is the consultancy. If you need a QRA prepared, reviewed or defended, that is our risk modelling service, and you receive the Quantik workbook as part of it.

Synthetik is the software brand. If your own team wants to build and run QRA models, licences, downloads, the user guide and support are on the Synthetik site.

Quantik by SynthetikQuantik by Synthetik

Product overview, how it works, user guide, worked examples, trial and pricing.

Also from Synthetik: Trinity, for construction estimating with carbon tracking.

Prefer us to run it for you?

Cenex prepares QRAs for business cases, funding submissions and pre-tender reviews.

Microsoft and Excel are trademarks of the Microsoft group of companies. @RISK is a trademark of its owner; Quantik is not affiliated with it.