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Managing Risk in Primavera Risk Analysis

Course Code: 501

This course provides training for Primavera’s Risk Management solution. Participants will gain a thorough background in the basic concepts of risk management. This three-day class leads you through examples of specific risk modelling techniques. It provides a lab-style workshop on the third day to allow students to apply the learned techniques.


  • Course content

    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 and Resource Uncertainty
    Risk assessment templating
    Correlation
    Probabilistic Branching
    Risk Register (Risk Events)
    Response Planning – cost/benefit analysis
    Lab style workshop
    Applying risk analysis techniques

Duration: 3 days
Price: £1595 + VAT

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