Managing Risk in Primavera Risk Analysis
- Course focuses on Primavera's Risk Management solution.
- Gain grounding in project risk management concepts.
- Learn to assess risks, run analysis, propose mitigation.
- Apply risk assessment to project schedule, resources, costs.
- Improve project management, set targets, contingencies.
Overview
This three-day Primavera Risk Analysis Training course focuses on teaching project risk management concepts and techniques. Participants will learn to assess risks, run a risk analysis, propose mitigation, and track mitigation progress. The course aims to improve project management by setting targets, contingencies, and managing corporate and customer expectations. Topics covered include risk analysis theory, methodology, schedule review, and cost uncertainty. The course is suitable for Risk Analysts, Project Managers, Planners, and Business Analysts with basic project planning knowledge.
Who should attend
Risk Analyst, Project Manager, Planner, Scheduler, Business Analysts, End Users, Functional Implementer
Primavera Risk Analysis Training
Course Summary:
This course provides training for Primavera’s Risk Management solution (previously known as PertMaster). This three-day class leads you through examples of specific risk modelling techniques and provides a lab-style workshop on the third day to allow students to apply the learned techniques.
Delegates will gain a thorough grounding in the concepts of project risk management and will learn how to apply a risk assessment to a project schedule, resources and costs, interpret, communicate and justify a risk analysis to the project team, management and stakeholders and use risk management to improve project management, set targets and contingencies and set corporate and customer expectations.
Learn to:
• Use a Risk Register to assess risks qualitatively or quantitatively
• Run a risk analysis
• Use a Risk Register to propose, evaluate and justify mitigation
• Track planned mitigation with rest of the project
Course Objectives:
• Apply a risk assessment to a project schedule, resources and costs
• Interpret, communicate and justify a risk analysis to the project team, management and stakeholders
• Use risk management to improve your project management, set targets and contingency, set corporate and customer expectations apply correlation
Course Topics:
• Basic schedule and cost risk analysis theory
• Risk Methodology
• Schedule Review
• Using three-point estimates for activities
• Running a quantitative risk analysis
• Understanding results (histograms, tornado charts
• Understanding project drivers (duration sensitivity, criticality)
• Introduction to the Risk Register
• Integration with Primavera and Microsoft Project
• Cost & Resource Uncertainty
• Risk assessment templating
• Correlation
• Probabilistic Branching
• Risk Register (Risk Events)
• Response Planning – cost/benefit analysis
• Lab style workshop
• Applying risk analysis techniques
Release:8.6
Course Audience:
Risk Analysts, Project Manager, Planner, Scheduler, Business Analysts, End
Users, Functional Implementer
Prerequisite(s):
Project planning/management fundamentals (desirable)knowledge of Windows™
Primavera Risk Analysis Training Scotland, Glasgow, Edinburgh, Aberdeen, Perth and Inverness and other sites throughout the UK including onsite closed company courses are available.
Primavera Risk Analysis Training Saudi Arabia, Bahrain, Kuwait, Qatar, Abu Dhabi, Dubai, India, Ghana and Nigeria is also available.
