Managing Risk in Primavera Risk Analysis Rel. 8.7 – Corporate Training

This 2-day course in Primavera Risk Analysis provides a detailed overview of the essential scheduling and risk analysis features provided by the Primavera Risk Analysis software.

This course provides training for Primavera Risk Analysis R 8.7 (Win) . From importing schedules to creating reports, the 2-day introductory course covers all key features and functions. Participants will gain a thorough background in the basic concepts of risk management. This two-day class leads you through examples of specific risk modeling techniques and provides a lab-style workshop on the third day to allow students to apply the learned techniques.

Training Type:  Classroom Training

Locations: Mississauga , Toronto, Scarborough.

Duration:   Sat-Sun ( 10 AM- 6 PM) .  Or Weekdays 2 Days : Mon-Tue ( 10 AM- 6 PM)

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

Course Content:

The course covers the following areas:

Importing schedules

1. Importing MSP and Primavera schedules
2. Running import checks
3. Checking schedule integrity

Schedule risk analysis

1. 3 point estimating
2. Entering uncertainly
3. Different distributions
4. Using quick risk
5. Updating plans
6. Importing plans with 3 point estimates

Tornado graph

1. Creating a Tornado graph
2. Viewing sensitivity
3. Analyzing sensitivity against activities

Setting up the risk register

1. Setting Schema levels
2. Defining criteria and tolerances
3. Setting up a Risk Breakdown Structure (RBS)
4. Working with manageability and proximity
5. Saving scoring matrices
6. Adding custom fields

Qualitative risks

1. Setting risk IDs
2. Adding risk cause, description and effect
3. Setting up risk details
4. Entering mitigation actions

Mitigating your plan

1. Adding mitigation actions to your plan as tasks
2. Linking tasks to mitigation actions

Actioning your risk register

1. Progressing risks
2. Importing progressed plans
3. Linking register to progressed plans
4. Risk history
5. The Waterfall chart

Saving and reporting

1. Exporting the risk register
2. Running reports
3. Creating new reports

Related Primavera P6 Classes

• EVM Earned Value Management in Primavera P6
• Primavera P6 Advanced Training
• Primavera Contractor Training
• Introduction to Primavera Contract Management
• Portfolio Management in Primavera P6 Web Access
• Resources Management in Primavera P6 Web Access
• Project Management in Primavera P6
• Managing Risk in Primavera Risk Analysis
• Primavera P6 Fundamentals Training Course
• All Primavera P6 Training Courses