Daria Pankova

Course objective:

The course includes a step-by-step walkthrough of the basic and advanced functionality of Oracle Primavera Risk Analysis version 7.0 and higher using an end-to-end example

To learn the Oracle Primavera Risk Analysis software product, you do not need to purchase licenses: according to the EULA, you can use the program for 30 days for evaluation purposes.

If you have any difficulties with installation and configuration, I will consult you by phone or email.

COURSE OUTLINE:

1. Introduction. Setting learning objectives

Introduction to risk management terminology and methods
2. Project risks and risk management
3. Important terms in risk analysis
4. Sources of risks in projects
5. Project risk management cycle
6. Overview of risk management processes
7. Risk classification
8. Risk management activities
9. Loss reserve and management reserve
10. Risk management capabilities and damage
11. Risk assessment methods
12. Overview of Primavera Risk Analysis module capabilities
13. Risk analysis steps
14. Installing and configuring Primavera Risk Analysis

Introduction to Primavera Risk Analysis
15. Primavera Risk Analysis user interface
16. Risk Analysis presets
17. File menu
18. Edit menu
19. View menu
20. Insert menu
21. Format menu
22. Plan menu
23. Risk and Reports menu
24. Tools, Window, Help menu

Import and check the project schedule
25. Import and export the schedule\project
26. Import from MS Project
27. Import .xer file from Oracle Primavera P6
28. Import check log. General requirements for the quality of calendar-network schedules
29. Checking the correctness (validity) of the schedule
30. Testing the risk model

Duration uncertainty
31. Adding duration uncertainty manually
32. Automatically adding duration uncertainty
33. Duration uncertainty distribution templates

Working with the project calendar plan
34. Creating a new plan
35. Adding task information
36. Calendars
37. Resources
38. Resource teams
39. Adding resources
40. Resource leveling
41. Simulation calculation of the schedule containing uncertainties
42. Analysis of the simulation results
43. Criticality indicators
44. Linking risks to tasks
45. Using correlation matrices in the risk model
46. Using the factor library
47. Review of the project schedule-network model
48. Setting uncertainties and analyzing the project “As is”
49. Tracking project risks
50. Setting up and formatting project risk reports
51. Updating progress
52. Options and formatting of the Gantt chart

Risk analysis
53. Running risk analysis
54. Risk percentiles
55. Risk analysis of resources and costs
56. Lagging and leading in percent
57. Probabilistic links and branching
58. Probability of task existence
59. Correlation
60. Calculating correlation
61. Sensitivity analysis

Risk reports
62. Distribution histogram
63. Tornado diagram
64. Scatter diagram

Qualitative and quantitative risk analysis
65. Risk breakdown structure
66. Risk register export/import and risk assessment
67. Risk register entry and risk association with tasks and resources68. Qualitative risk analysis
69. Risk response
70. Risk mitigation plan. Pre- and post-mitigation scenario modeling. Mitigation scenario comparison
71. Quantitative risk analysis methods and tools
72. Distribution analyzer
73. Risk-dependent plan building
74. Risk register reports

Cost risk analysis
75. Cost risks
76. Calculated value columns
77. Automatic addition of resource assignment uncertainty
78. Cost risk analysis
79. Probabilistic cash flow

Bonus
80. Weather modeling

MONDAY
9:00-9:45 Introduction to risk management terminology and methods
9:50-10:35 Introduction to Primavera Risk Analysis. Import and check the project schedule
Coffee break
10:50-11:35 Duration uncertainty
11:40-12:25 Linking risks to tasks. Using correlation matrices in the risk model
LUNCH
13:00-13:45 Setting uncertainties and analyzing the project “As is”
13:55-14:35 Tracking project risks
Coffee break
14:50-15:35 Running risk analysis.
15:40-16:25 Lagging and leading in percent. Probabilistic links and branching. Probability of task existence. Correlation
TUESDAY
9:00-9:45 Risk reports
9:50-10:35 Risk breakdown structure
Coffee break
10:50-11:35 Qualitative risk analysis
11:40-12:25 Risk register entry and risk association with tasks and resources
Lunch
13:00-13:45 Risk mitigation plan. Pre- and post-mitigation scenario modeling. Mitigation scenario comparison
13:55-14:35 Risk-dependent plan building
Coffee break
14:50-15:35 Cost risk analysis
15:40-16:25 Weather modeling