Project Risk Management in Primavera PertMaster

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Primavera PertMaster Training

Summary

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.

Course Topics

At the completion of this course, delegates will be able to:

· understand basic schedule and cost risk analysis theory
· describe Risk Methodology
· conduct a Schedule Review
· use three-point estimates for actiivities
· run a quantitative risk analysis
· understand results (histograms, tornado charts, etc. )
· understand project drivers (duration sensitivity, criticality, etc.)
· use the Risk Register and understand Risk Events
· integrate Primavera Risk Analysis (formerly Primavera Pertmaster) with Primavera 6 and Microsoft Project
· describe Cost and Resource Uncertainty
· formulate risk assessment templating
· apply correlation
· understand Probabilistic Branching
· describe response planning based on cost /benefit analysis
· apply risk analysis techniques

Course duration: 3 Days

Audience: Program and project managers, planners and schedulers

Level: Basic

Prerequisite( s ) :

· project planning/management fundamentals (desirable)
· knowledge of Windows™

Professional Development Units
Earns 19.5 PDUs

Primavera PertMaster Training Inverness, Aberdeen, Glasgow, Edinburgh, Dunfermline and other sites throughout the UK including onsite closed company courses are available.

Primavera PertMaster Training in Ghana, Nigeria and Qatar is also available.

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