Primavera Risk Analysis
Discover the powerful schedule and cost risk analysis features of PRA.
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Course overview
Duration: 2 days (13 hours)
Our Primavera Risk Analysis course gives a detailed introduction to the schedule and risk analysis features of Primavera Risk Analysis.
It shows the powerful features of the tool and give hands on practice throughout the course to ensure you can confidentially put your new skills into practice back in the workplace.
This course is designed for new users of Primavera Risk Analysis, and no previous experience is required. You should however be familiar with risk management processes and terminology.
Objectives
By the end of the course you will be able to:
- Import schedules into PRA
- Add three point estimates onto plans
- Perform schedule and cost analysis
- Use templated quick risk
- Run risk analysis
- Interpret results from the Risk Histogram and Tornado graph
- Add task percentiles to a Gantt chart
- Set up a risk register
- Add qualitative and quantitative risks
- Link risk to activities in the plan
- Create reports
- Use the Distribution Analyser
Content
Importing schedules
- Importing MSP and Primavera Schedules
- Running import checks
- Checking schedule integrity
Schedule risk analysis
- 3 point estimating
- Entering uncertainly
- Different distributions
- Using quick risk
- Updating plan
- Importing plans with 3 point estimates
Cost/Resource uncertainty
- Resource loadings
- Creating 3 point cost estimates
- Resource distributions and escalations
- Simple cost estimates
Templated quick risk
- Setting up and applying templated quick risk
- Assessing risk at WBS level
Running risk analysis
- Running risk analysis
- Interpreting results on the Risk Histogram
- Setting analysis options
Task percentiles
- Setting task percentile options
- Including task percentiles on the Gantt chart
Tornado graph
- Creating a Tornado graph
- Viewing sensitivity
- Analysing sensitivity against activities
Setting up the risk register
- Setting Schema levels
- Defining criteria and tolerances
- Setting up a Risk Breakdown Structure (RBS)
- Working with manageability and proximity
- Saving scoring matrices
- Adding custom fields
Exporting data
- Exporting to Excel, Word and PowerPoint
Qualitive risks
- Setting risk IDs
- Adding risk cause, description and effect
- Setting up risk details
- Entering mitigation actions
Quantitative risks
- Linking risks to activities
- Adding schedule and cost impacts
- Defining how multiple risks impact
- Correlation
Migrating your plan
- Adding mitigation actions to your plan as tasks
- Linking tasks to mitigation actions
Actioning your risk register
- Progressing risks
- Importing progressed plans
- Linking register to progressed plans
- Risk history
- The Waterfall chart
Saving and reporting
- Exporting the risk register
- Running reports
- Creating new reports
Building and comparing risk plans
- Using the distribution analyser
- Comparing dates and cost
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