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