Managing Risk in Primavera Risk Analysis Rel. 8.6 Ed 1

Duration : 3 Days (24 Hours)

Managing Risk in Primavera Risk Analysis Rel. 8.6 Ed 1 Course Overview:

The Managing Risk in Primavera Risk Analysis Rel. 8.6 Ed 1 certification is a validation of an individual’s proficiency in mitigating uncertainties and managing project risks through Oracle’s Primavera Risk Analysis Rel. 8.6 software. It emphasizes the skills needed to identify, analyze, and strategize for potential risks. Proficiency in utilizing Primavera’s scheduling, analytics, and risk tools is essential for maintaining project timelines and adhering to budget constraints. Industries utilize this certification as a benchmark to identify capable project managers who can skillfully navigate project risks, ultimately ensuring successful project outcomes and improved profitability. Certified individuals possess a comprehensive grasp of risk management principles and the functionality of the Primavera software.

Intended Audience:

• Project managers seeking to enhance risk management skills
• Risk analysts aiming to use Primavera tools
• Professionals responsible for project risk control
• Decision-makers needing to understand risk analysis results
• Individuals aspiring to become proficient in Primavera Risk Analysis.
• Members of project planning and control teams

Learning Objectives of Managing Risk in Primavera Risk Analysis Rel. 8.6 Ed 1:

The Managing Risk in Primavera Risk Analysis Rel. 8.6 Ed 1 course is designed with specific learning objectives aimed at cultivating students’ comprehension of risk management concepts, tools, and techniques. Participants will develop expertise in identifying, analyzing, and effectively managing potential risks that can impact project schedules and costs. Proficiency in utilizing the Primavera Risk Analysis software will be gained for conducting quantitative risk analysis, constructing risk models, and generating comprehensive reports. The course further seeks to elevate students’ capabilities in devising actionable risk response strategies to mitigate project risks and uncertainties. Through consistent hands-on practice, learners will be encouraged to apply acquired concepts and techniques to real-world scenarios, enhancing their practical skillset.

 Module 1: Basic schedule and cost risk analysis theory

 Module 2: Risk Methodology

 Module 3: Schedule Review

 Module 4: Using three-point estimates for activities

 Module 5: Running a quantitative risk analysis

 Module 6: Understanding results (histograms, tornado charts

 Module 7: Understanding project drivers (duration sensitivity, criticality)

 Module 8: Introduction to the Risk Register

 Module 9: Integration with Primavera and Microsoft Project

 Module 10: Cost & Resource Uncertainty

 Module 11: Risk assessment templating

 Module 12: Correlation

 Module 13: Probabilistic Branching

 Module 14: Risk Register (Risk Events)

 Module 15: Response Planning – cost/benefit analysis

 Module 16: Lab style workshop

 Module 17: Applying risk analysis techniques

Managing Risk in Primavera Risk Analysis Rel. 8.6 Ed 1 Course Prerequisites:

  • Fundamental understanding of project management principles
  • Basic knowledge of risk management
  • Familiarity with Primavera project management software
  • Some experience in a project management role
  • Ability to interpret data and make informed decisions
  • Comfortable running and interpreting simulations and risk analyses.

Discover the perfect fit for your learning journey

Choose Learning Modality

Live Online

  • Convenience
  • Cost-effective
  • Self-paced learning
  • Scalability

Classroom

  • Interaction and collaboration
  • Networking opportunities
  • Real-time feedback
  • Personal attention

Onsite

  • Familiar environment
  • Confidentiality
  • Team building
  • Immediate application

Training Exclusives

This course comes with following benefits:

  • Practice Labs.
  • Get Trained by Certified Trainers.
  • Access to the recordings of your class sessions for 90 days.
  • Digital courseware
  • Experience 24*7 learner support.

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