PRA-001: Managing Risks in Primavera Risk Analysis
2 DAYS
This 2-day course provides hands-on training for Primavera’s Risk Analysis solution (formerly known as PertMaster). Participants will gain background knowledge in the concepts of risk management. The course leads students through hands-on workshops with examples of specific risk modelling techniques. Participants will understand how uncertainty and risk events (threats and opportunities) can impact on project objectives so that strategies for dealing with them can be tested, leading to the setting of project budgets and contingencies, realistic timescales and stakeholder expectations.
The course supports widespread professional methodologies, information sources and management approaches (OGC; PRINCE2; Managing Successful Programmes; Management of Risk. Association of Project Management: APM Body of Knowledge; Risk Management Specific Interest Group; PRAM Guide: Project Management Institute PM Body of Knowledge; ISO 31000)
PREREQUISITE
Knowledge of Windows™ and basic concepts of planning/scheduling
DELEGATE PROFILE
Risk Managers, Risk Analysts, Programme Managers, Planners, Schedulers
TRAINER PROFILE
The course will be delivered by an instructor with decades of experience in Risk Management utilising Primavera PRA.
COURSE LENGTH
2 days (09.30am till 4.00pm)
CLASS SIZE
Maximum 6 students per class
COURSE PRICE
Contact PMIS as course is only run on a direct demand basis.
***Payment must be received in full upon registering in order to secure your place***
Engineers Ireland CPD Units: 2 days
LEARNING OUTCOMES
Introduction to managing Qualitative Risks using Primavera P6
Connecting a Primavera P6 schedule with PRA
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 OUTLINE
DAY ONE
Introduction to PRA and Oracle Primavera
Overview and Navigating within PRA
Understanding Risk
Schedule Review Pre-Analysis Check|
Applying Duration Uncertainty
DAY TWO
Task Existence / Existence Probability
Basic Probabilistic Branching
Advanced Probabilistic Branching
Risk Register
Correlation
Resource and Cost Uncertainty
Analyse and Mitigate
Working with Primavera
UPCOMING RISK ANALYSIS COURSES
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