Primavera Risk Analysis

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 gives hands on practice throughout the course to ensure you can confidently 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

Underscore Group delivers practical, instructor-led project management software training that helps people plan, track and control projects with confidence. Based in Sussex and supporting organisations across the UK, we focus on real-world planning, reporting and risk tools used to manage projects across the full lifecycle.

Our training goes beyond software features to show how project management tools are applied in live project environments. Every session is tailored to your organisation’s planning maturity, governance and reporting needs, ensuring techniques translate directly into day-to-day project delivery. Our programmes are trusted by organisations across infrastructure, construction, aviation, finance and professional services.

• Trusted by leading UK organisations
• Expert trainers with real business experience
• Small-group sessions (6–8 people)
• Practical, hands-on learning approach
• Virtual & onsite delivery across the UK
• Six months of post-course support

Still have questions about this course?

Click Enquire Now and our team will share full details on content, dates, and pricing — and help you decide if it’s the right fit for you or your organisation.

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