A clear, practical guide to mastering Schedule Quantitative Risk Analysis (SQRA) and building a reliable P50 risk‑based baseline schedule.

Whether you call it Schedule Quantitative Risk Analysis (SQRA) or Quantitative Schedule Risk Analysis (QSRA), the goal is the same: understanding the probability of finishing a project on time and on budget. This book gives you a clear, practical, and accessible path to doing it right.

Project managers, planners, schedulers, and emerging leaders often struggle with the quantitative side of schedule risk. Many rely too heavily on tools without understanding the underlying processes, benchmarks, and reasoning that make SQRA credible. This book closes that gap—quickly, clearly, and with real-world practicality.

Why This Book Matters
A risk tool is only as good as the practitioner using it. Misapplied methods, incomplete understanding, and “button‑pushing” approaches lead to misleading results and poor decisions. This book brings you back to fundamentals—showing you what to do, why it matters, and how to do it correctly.

You will learn how to build a defensible, high‑quality P50 risk‑based baseline schedule using traditional three‑point estimating techniques, supported by the OPRA tool and proven SQRA (QSRA) processes.

What You Will Learn
Through structured lessons and full‑color visuals, you will gain the confidence to perform SQRA (QSRA) with clarity and accuracy. Topics include:

Understanding the foundations of schedule risk and uncertainty
Applying the traditional three‑point estimating method correctly
Identifying, assessing, and quantifying schedule risk events
Using OPRA effectively as a tool—not a crutch
Building a P50 risk‑based baseline schedule that stands up to scrutiny
Avoiding common mistakes and misconceptions in quantitative analysis
Interpreting results with professional judgment and technical integrity

Each lesson is designed to be digestible, practical, and immediately applicable to real project environments.

Who This Book Is For
This Colored Edition is ideal for:

New and upcoming project managers
Planners and schedulers transitioning into risk-based work
Project controls professionals seeking deeper SQRA (QSRA) competence
Leaders who want to understand the meaning behind the numbers
Anyone tired of “pretend experts” and ready to learn SQRA the right way

Whether you are self‑studying, training a team, or sharpening your professional edge, this book gives you the clarity and confidence to perform "schedule quantitative risk analysis" (SQRA/QSRA) properly.

Why the Colored Edition?
Color enhances comprehension—especially in technical subjects. This edition provides:

Clearer interpretation of charts, diagrams, and risk drivers
Faster understanding of OPRA workflows
Improved retention of key concepts
A more engaging learning experience for visual learners

If you prefer crisp, vivid illustrations that make complex ideas easier to grasp, this edition is for you.
A Practical Guide Written for Real Practitioners. This book was created to eliminate confusion, reduce anxiety around SQRA, and empower professionals to execute risk analysis with competence and integrity. No shortcuts, no intellectual posturing—just clear, honest, structured guidance from someone who has done the work.

Sharpen your skills. Strengthen your credibility. Build schedules that truly reflect risk. Start your journey into proper SQRA today.

"Synopsis" may belong to another edition of this title.

About the Author

Rufran C. Frago, P. Eng., PMP, CCP, PMI-RMP, is the Managing Director of RBM&S Inc., a young Calgary company focusing on risk-based management consulting services, and online merchandising. He has many years of international industry-related work ‎experience in Oil & Gas, Petrochemicals, Oleo-chemicals, Sugar Refining, Manufacturing, Consulting, and Education. He has worked in various parts of the world (Location: Asia, Middle East, Canada, and North Africa). Rufran has worked with Caltex, Uniman, Unichem (now Cocochem), ARAMCO-KSA, Central Azucarera de Tarlac, Arabian Gulf Oil Company-Libya, Batangas State University, Saint Bridget’s College, JG Summit Petrochemicals, Halliburton-Kellogg, Brown and Root, OPTI Canada, and Suncor Energy Inc. His expertise includes risk-based project management, risk analysis, planning & scheduling, cost management, auditing, maintenance, operation, EH&S and reliability engineering. He is interested in providing solutions and innovations to all clients and stakeholders. Rufran is the author of the books “Risk-Based Management in the World of Threats and Opportunities: A Project Controls Perspective” and "How to Create a Good Quality P50 Risk-based Baseline Schedule" published in 2015 and 2017. Mr. Frago is a Filipino-Canadian risk management practitioner. He studied at BSU graduating with a Diploma in Petroleum Refinery Maintenance Technician, and BS Mechanical Engineering. He was also a BS Management Engineering graduate of UB. He took up MBA courses under UP-PBMIT Consortium. Rufran completed Computer Technician Program at ICS-Pennsylvania, USA, APM Certificate program at SAIT-Calgary, and PM Certificate program-Construction Management. He is presently taking up PM Certificate program-Risk Management at University of Calgary. He was a recipient of the Gerry Roxas Leadership Award, the American Field Service (AFS) Scholarship grant, and the CALTEX scholarship grant where he specialized in Petroleum Refinery Maintenance. The author wants to share his knowledge and leave behind some legacy to all readers, most especially to his wife, children and lovely grandchildren, Eva and Mia.

"About the title" may belong to another edition of this title.

PBShop.store US

Wood Dale, IL, U.S.A.

5-star seller

AbeBooks seller since April 7, 2005

Shipping rates within U.S.A.

Item	7 to 14 business days	7 to 14 business days
First item	£ 0.00	£ 0.00

Delivery times are set by sellers and vary by carrier and location. Orders passing through Customs may face delays and buyers are responsible for any associated duties or fees. Sellers may contact you regarding additional charges to cover any increased costs to ship your items.

Payment methods

Store description

We first started out as “The Paperback Exchange,” a chain of physical bookstores where we would part exchange your beloved books for new stories to transport you to faraway places. However, as shopping started to evolve to online shops and marketplaces, we bid our stores goodbye to become “PBShop.” This transition has only allowed us to blossom as we now ship thousands of titles to book lovers across the globe. We pride ourselves in being a community of local book lovers which allows our passion and devotion to shine in everything we do. In 2020 we not only celebrated our 20th birthday but our 1st birthday as being completely employee owned after becoming an E.O.T in September 2019. We are proud to be different and embrace standing apart on a book mountain by working from a virtual inventory which allows us to provide thousands of books that may be difficult to get for your bookshelf or your studies. Working with a number of different suppliers allows us to explore other avenues such as puzzles, sheet music and even stationery so we really do have something for everyone. Life is about being versatile in all realms of existence. If this is your first visit or you are a returning customer, we would like to welcome you to the PBShop family, for there is no friend as loyal as a book. We are a company who put our customers at the centre of everything we do as we understand the importance of reading because once you learn to read, you will forever be free. There are a whole lot of things in this world of ours that we are yet to explore, which is why we will forever inspire curious minds.…

Specialty

Hardbacks, Paperbacks

Seller's business information

Pbshop.co.uk Ltd

Unit 22 Horcott Industrial Estate, Horcott Road
Fairford, United Kingdom GL7 4BX

Contact sellerView this seller's itemsView seller's storefront

Terms of sale

Returns Policy
We ask all customers to contact us for authorisation should they wish to return their order. Orders returned without authorisation may not be credited.
If you wish to return, please contact us within 14 days of receiving your order to obtain authorisation.

Returns requested beyond this time will not be authorised.

Our team will provide full instructions on how to return your order and once received our returns department will process your refund.
Please note the cost to return any unwanted order to us is borne by the buyer.

Should your order arrive damaged, not as advertised or faulty, we must be advised of this within 14 days of delivery. Please contact us so we can find the best solution for you.

Our Customer Care Team can be contacted via emailing paperback-us@paperbackshop.co.uk, or by calling our UK Office on +441285 712 917. We are available 9:00am till 5:30pm GMT weekdays and 9:00am till 1:00pm GMT on Saturdays.

Right of withdrawal

If you are a consumer you can withdraw from the contract in accordance with the following. Consumer means any natural person who is acting for purposes which are outside his trade, business, craft or profession.

Information regarding the right of withdrawal

Statutory right to withdraw

You have the right to withdraw from this contract within 14 days without giving any reason.

The withdrawal period will expire after 14 days from the day on which you acquire, or a third party other than the carrier and indicated by you acquires, physical possession of the last good or the last lot or piece.

To exercise the right of withdrawal, electronically fill in and submit a clear statement on our website, under "My Purchases" in "My Account". We will communicate to you an acknowledgement of receipt of such a withdrawal on a durable medium (e.g. by e-mail) without delay.

To meet the withdrawal deadline, it is sufficient for you to send your communication concerning your exercise of the right of withdrawal before the withdrawal period has expired.

Effects of withdrawal

If you withdraw from this contract, we will reimburse to you all payments received from you, including the costs of delivery (except for the supplementary costs arising if you chose a type of delivery other than the least expensive type of standard delivery offered by us).

We may make a deduction from the reimbursement for loss in value of any goods supplied, if the loss is the result of unnecessary handling by you.

We will make the reimbursement without undue delay, and not later than 14 days after the day on which we are informed about your decision to withdraw from this contract.

We will make the reimbursement using the same means of payment as you used for the initial transaction, unless you have expressly agreed otherwise; in any event, you will not incur any fees as a result of such reimbursement.

We may withhold reimbursement until we have received the goods back, or you have supplied evidence of having sent back the goods, whichever is the earliest.

You shall send back the goods or hand them over to PBShop.store US, Springfield Gardens, New York, U.S.A., +44 1285 712917, without undue delay and in any event not later than 14 days from the day on which you communicate your withdrawal from this contract to us. The deadline is met if you send back the goods before the period of 14 days has expired. You will have to bear the direct cost of returning the goods. You are only liable for any diminished value of the goods resulting from the handling other than what is necessary to establish the nature, characteristics and functioning of the goods.

Exceptions to the right of withdrawal

The right of withdrawal does not apply to:

The delivery of newspapers, journals or magazines with the exception of subscription contracts; and
The supply of digital content which is not supplied on a tangible medium (e.g. on a CD or DVD) if you accepted when you placed your order that we could start to deliver it, and that you could not withdraw once delivery had started.

Shipping terms

Books are shipped from our US or UK warehouses. Delivery estimates allow for delivery from either location.

How to Create a Good Quality P50 Risk-based Baseline Schedule

Item description from seller

Bibliographic details

Synopsis

About the title