Course Introduction:
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 modeling techniques and provides a lab-style workshop on the third day to allow students to apply the learned techniques.
Course Objectives:
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Apply a risk assessment to a project schedule, resources and costs
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Interpret, communicate and justify a risk analysis to the project team, management and stakeholders
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Use risk management to improve your project management, set targets and contingency, set corporate and customer expectations
Who Should Attend?
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Functional Implementer
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Business Analysts
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End Users
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Project Manager
Course Outline:
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Basic schedule and cost risk analysis theory
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Risk Methodology
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Schedule Review
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Using three-point estimates for activities
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Running a quantitative risk analysis
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Understanding results (histograms, tornado charts
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Understanding project drivers (duration sensitivity, criticality)
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Introduction to the Risk Register
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Integration with Primavera and Microsoft Project
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Cost & Resource Uncertainty
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Risk assessment templating
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Correlation
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Probabilistic Branching
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Risk Register (Risk Events)
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Response Planning - cost/benefit analysis
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Lab style workshop
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Applying risk analysis techniques
Course Methodology:
A variety of methodologies will be used during the course that includes:
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(30%) Based on Case Studies
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(30%) Techniques
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(30%) Role Play
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(10%) Concepts
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Pre-test and Post-test
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Variety of Learning Methods
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Lectures
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Case Studies and Self Questionaires
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Group Work
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Discussion
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Presentation
Course Fees:
This rate includes participant’s manual, Hand-Outs, buffet lunch, coffee/tea on arrival, morning & afternoon of each day.
Course Timings:
Daily Course Timings:
08:00 - 08:20 Morning Coffee / Tea
08:20 - 10:00 First Session
10:00 - 10:20 Coffee / Tea / Snacks
10:20 - 12:20 Second Session
12:20 - 13:30 Lunch Break & Prayer Break
13:30 - 15:00 Last Session