Risk Analysis Primavera training

Maximize your Complex Projects with Quantitative Risk Analysis

In two days of immersive training, you’ll be immersed in the dynamic world of quantitative risk analysis and improved management of complex projects.

Duration

2 days+ 1 day of Workshop (Optional)-21 hours

Place of training

Massy (Paris)
Possibility of remote training

Dates

Price

Please contact us for a quote request

PRIMAVERA RISK ANALYSIS TRAINING OBJECTIVES

The objectives of the Primavera risk analysis training are to master the software functions in order to contribute to decision making and evaluate probabilities concerning deadlines and finances in order to mitigate risks, and more specifically those concerned by an EPC project (Engineering, Procurement, and Construction).

LEARNING OUTCOMES

Acquired

At the end of the training, each participant will be able to evaluate uncertainties concerning timeframes and costs.

Methods used

This training will include exercises, discussions, and role playing.

Public

This Primavera risk analysis training program is for project managers and everyone implicated in one of the company’s projects.

Training Materials

Each participant will have access to Primavera P6 and Primavera & Risk Analysis applications in addition to the training brochure.

Prerequisite

You need to know the fundamentals of project management.

Evaluation methods

Assessment of knowledge via situational exercises, self-assessment, and and end-of-training certificate.

CERTIFICATION

MESLI Consulting is a certified Gold Partner for Oracle solutions, including Primavera P6, Oracle Primavera cloud, Primavera Risk analysis, Unifier, and Aconex.

THE TRAINING PROGRAM

Day 1: Introduction to the Basics of Quantitative Risk Analysis

Why is Primavera Risk Analysis useful for improving your schedule and risk analysis?

Difference between a deterministic parameter and an uncertain parameter for durations and costs

Difference between a deterministic and an uncertain parameter for durations and costs
Duration and cost application
Probabilistic risk modeling
Difference between uncertainty and risk
Main benefits of quantitative risk analysis

Preparation of the risk analysis – Configuration of input data

Importing project schedules from Primavera P6 or MS Project
Modification of scheduling options (calendars, resources, and costs)
Assignment of resources to activities
Task coding with Primavera Risk Analysis
Group and sort activities
check the schedule with Primavera Risk Analysis
How to Secure the Baseline ?
Modeling uncertainty on durations and costs
Establishing a strategy for assigning uncertainties to tasks
Establishing a strategy for assigning uncertainties to tasks
Use of hierarchical modeling (WBS)
Modeling risks related to events compiled in the risk register
Import and export of the risk register to Excel
Integration of weather constraints
Risk hierarchy by impact

Day 2 : Launching Risk Analysis

Oracle Primavera Risk Analysis: How Does It Work?

Improvement of time and cost estimates
The impact of a skewed distribution
Effect of parallel paths
Effects of correlations between tasks
Description of the calculation method of Oracle Primavera Risk (Monte-Carlo simulation)
Use of iterative simulation

Use of risk analysis to mitigate risks Use of output data to limit the impact on your projects

Creation of customized reports (graphs and tables)
Distribution chart
Display of planning
Risk factors, tornado chart
Measurement of sensitivity (criticality,…)
Interpretation of Oracle Primavera Risk Analysis charts
Penalty assessment
Risk pre-mitigation and post-mitigation
Implementation of risk scenarios
Customized reporting according to your needs

Conclusion for Primavera Risk Analysis training

Day 3 (optional)

Workshop (optional)

DOWNLOAD THE TRAINING BROCHURE

PRACTICAL INFORMATION

Duration : 2 days+ 1 day of Workshop (Optional)-21 hours

Dates : contact us

Price : Please contact us for a quote request

Place of training:

Paris
Remote learning

Page updated 01/01/2023