Managing Risk in Primavera Risk Analysis Rel. 8.6 Ed 1

Module 1: Introduction to Primavera Risk Analysis

• Lesson 1: Introduction to Primavera Risk Analysis
• Overview of Primavera Risk Analysis
• Purpose and benefits

Module 2: Overview and Navigation

• Lesson 2: Overview and Navigation
• What is Primavera Risk Analysis?
• Primavera Risk Analysis Methodology
• Schedule Validation
• Pre-Analysis Check
• Developing Risk Models
• Running Risk Analysis
• Reviewing Results
• Navigation in Primavera Risk Analysis
• Accessing Training Files
• Opening a Project Plan
• Workspace, Sheets, and Views
• Menus and Icons

Module 3: Understanding Risk

• Lesson 3: Understanding Risk
• Risk is Everywhere
• Types of Risk
• Risk Analysis and the Critical Path
• Risk’s Impact: Bigger Than You Think
• Skewed Distributions
• Cumulative Risk
• Risk Identification: Getting it Right
• Look Both Ways
• Risk Events: Single, Series, Multiple
• Risk and Your Schedule
• Realistic / Most Likely
• Aggressive / Optimistic
• Cautious / Pessimistic
• Scale to Fit
• Determining Schedule Type

Module 4: Schedule Review

• Lesson 4: Schedule Review
• Schedule Check Report
• Schedule Check Options
• Generating the Report
• Reading Results
• Plan Summary & Report Summary
• Constraints
• Open-Ended Tasks
• Out-of-Sequence Updates
• Lag and Links
• Links Between Tasks with Different Calendars
• Links to/from Summary Tasks
• Duration Risk Validation
• Printing and Saving Reports

Module 5: Pre-Analysis Check and Quick Risk

• Lesson 5: Pre-Analysis Check
• Pre-Analysis Check
• Duration Quick Risk
• Running Risk Analysis
• Distribution Graph
• Tornado Graph
• Targeting Project Drivers
• Validating Project Drivers

Module 6: Applying Duration Uncertainty

• Lesson 6: Applying Duration Uncertainty
• Applying Uncertainty Estimates to Tasks
• Using Task Details and Columns
• Templated Quick Risk
• Preparing Project Plans
• Adding Columns and Codes
• Configuring Templates
• Fine-Tuning Templates

Module 7: Task Existence / Existence Probability

• Lesson 7: Task Existence / Existence Probability
• Single Impact Risk Event
• Adding Tasks
• Configuring Links
• Specifying Existence Probability
• Gantt Chart Columns
• Analyzing Results

Module 8: Basic Probabilistic Branching

• Lesson 8: Basic Probabilistic Branching
• Probabilistic Branching
• Exclusive Impacts
• Filling in New Task Data
• Configuring Links
• Assigning Probabilities
• Analyzing Branching Results

Module 9: Advanced Probabilistic Branching

• Lesson 9: Advanced Probabilistic Branching
• Structuring Probabilistic Branches
• Adding Option Milestones
• Linking to Milestones
• Adding Refurbishing Tasks
• Assigning Option Probabilities
• Analyzing Results

Module 10: Risk Register

• Lesson 10: Risk Register
• Opening and Using the Risk Register
• Entering Risks and Mitigation Responses
• Adding Risk and Mitigation Details
• Importing a Risk Register
• Risk Scoring, Risk Matrix, Reports
• Mapping Risks to Schedule
• Adjusting Probability and Impacts
• Task View and Post-Mitigated Tab
• Building Impacted Risk Plans
• Analyzing Results
• Training vs. Reality
• Weather Modeling

Module 11: Correlation

• Lesson 11: Correlation
• Making Risk Models More Realistic
• Adding Correlation
• Reading Scatter Plots
• Correlation and Central Limit Theorem
• Testing the Theorem
• Shape of Risk
• Restoring Equivalence

Module 12: Resource and Cost Uncertainty

• Lesson 12: Resource and Cost Uncertainty
• Other Sources of Risk
• Setting Currency Symbol
• Fixed Costs & Time-Dependent Costs
• Cost Uncertainty Types
• Fixed-Cost, Resource Rate, and Allocation Uncertainty

Module 13: Analyze and Review

• Lesson 13: Analyze and Review
• Using the Distribution Analyzer
• Making Choices
• Using the Tornado Graph
• Risk Display Mode
• Trial and Error
• Reporting
• P-Schedules
• Capturing P80 Start and Finish Dates
• Displaying the P-Schedule

Module 14: Appendix – Working with Primavera

• Working With Primavera
• Defining Data Fields
• Menu-Driven Functions
• Monitoring the Import