Provides hands-on training on Primavera Pertmaster (Risk Analysis), leading students through a risk management methodology that includes: Schedule Review; Pre-Analysis Check; Build a Risk Model; Analyze and View;
Mitigate and Report. Students also participate in workshops to reinforce risk management fundamentals and application functionality.

Course Topics:

• 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

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Prerequisite: A knowledge of Windows™

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Course Length: 3 days