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Project Risk Management in Primavera Risk Analysis

Title: Project Risk Management in Primavera Risk Analysis
Audience: Program and project managers, planners and schedulers
Level: Basic
Duration: 3 days

  • project planning/management fundamentals (desirable)
  • knowledge of Windows™

Professional Development Units
Earns 19.5 PDUs


Delegates will gain a thorough grounding in the concepts of project risk management and will learn how to apply a risk assessment to a project schedule, resources and costs.

Interpret, communicate and justify a risk analysis to the project team, management and stakeholders and use risk management to improve project management, set targets and contingencies and set corporate and customer expectations.

Course Topics

At the completion of this course, delegates will be able to…

  • understand basic schedule and cost risk analysis theory
  • describe Risk Methodology
  • conduct a Schedule Review
  • use three-point estimates for activities
  • run a quantitative risk analysis
  • understand results (histograms, tornado charts, etc.)
  • understand project drivers (duration sensitivity, criticality, etc.)
  • use the Risk Register and understand Risk Events
  • integrate Primavera Risk Analysis (formerly Primavera Pertmaster) with Primavera 6 and Microsoft Project
  • describe Cost and Resource Uncertainty
  • formulate risk assessment templating
  • apply correlation
  • understand Probabilistic Branching
  • describe response planning based on cost/benefit analysis
  • apply risk analysis techniques

About Parallel

We give all of our clients a personal service, blending traditional and modern learning techniques to deliver a flexible training solution. We are a small and specialist project management training provider with a global reach. Our consultants are best in class and are equally at home delivering off the shelf courses or a solution tailored to your specific needs. We have designed this website to give you a flavour of what we do. If you like what you see, please do get in touch to discuss how we can support your organisation.