About this Course

Code TPD60963GC10
Duration 3 Days
Special Notices

Please note: In order to provision you with your courseware and lab access for this course QA must share several items of basic personal information with our partner (usually your full name and email address). For more information on this please visit our QA Partner data sharing page. If you have any questions or concerns please contact your QA account manager.

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.Profession Development and Continuing Education Units:Earns 19.5 PDUs 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

Prerequisites

  • Fundamental Product Management knowledgeKnowledge of Windows

Please note: In order to provision you with your courseware and lab access for this course QA must share several items of basic personal information with our partner (usually your full name and email address). For more information on this please visit our QA Partner data sharing page. If you have any questions or concerns please contact your QA account manager.

Delegates will learn how to

  • 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

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

3 Days

Duration

This is a QA approved partner course

Delivery Method

Delivery method

Classroom

Face-to-face learning in the comfort of our quality nationwide centres, with free refreshments and Wi-Fi.

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