PRIMAVERA RISK ANALYSIS TRAINING

BENEFIT FROM MESLI CONSULTING’S EXPERTISE

TRAINING OBJECTIVES

Objectives of the Primavera Risk Analysis training :

Objectives of 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, Construction).

Learning outcomes : 

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

Public :

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

Prerequisite :

You need to know fundamentals of project management.

Training Material :

Each participant will have access to Primavera P6 and Primavera & Risk Analysis applications in addition to the training brochure. The training is made of genuine case study complying with the functionalities of Primavera Risk Analysis.

THE TRAINING PROGRAMME

Day 1 

Introduction to the Basics of Quantitative Risk Analysis – Why use of Primavera Risk Analysis can improve your schedule and risk analysis?

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

  • Probabilistic risk modelling
  • 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, costs)
  • Assignment of resources to activities
  • Task coding with Primavera Risk Analysis
  • Group and sort activities
  • schedule check with Primavera Risk Analysis
  • How to Secure the Baseline?diagramme primavera risk analysis
  • Modelling uncertainty on durations and costs
  • Establishing a strategy for assigning uncertainties to task
  • Use of hierarchical modeling (WBS)
  • Modelling risks related to events compiled in the risk register
  • Import and export of the risk register to Excel
  • Integration of weather constraints
  • Risks hierarchy by impact

Day 2

Launching Risk Analysis – How the risk analysis works on Oracle Primavera Risk Analysis.

  • Improvement of time and cost estimates
  • Effect of skewed distribution
  • Effect of parallel paths
  • Effect of correlations between tasks
  • Description of the calculation method of Oracle Primavera Risk (Monte-Carlo simulation)
  • Use of iteration 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)diagramme PRA
    • Distribution chart
    • Display of P-planning
    • Risk factors, tornado chart
    • Sensitivity measurement (cruciality, …)
  • Interpretation of Oracle Primavera Risk Analysis charts
  • Penalty assessment
  • Risk pre-mitigation & post-mitigation
  • Implementation of risk scenarios
  • Customized reporting according to your needs

Conclusion on Primavera Risk Analysis training

Day 3

  • Workshop (optional)

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:

  • In-company
  • Paris
  • Brussels

Contact-us to receive your grant application by email.