This course provides hands-on 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 modeling techniques and provides a lab-style workshop on the third day, which provides for application of the learned techniques.

Duration: 3 days

Training Dates

January 2010: 11th - 13th

February 2010: 1st - 3rd, 8th - 10th, 17th - 19th, 22nd - 24th

March 2010: 1st - 3rd, 8th - 10th, 15th - 17th, 22nd - 24th, 29th - 31st

Course Outline

• 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

Profession Development and Continuing Education Units: 19.5 PDUs