Primavera Risk Analysis Step By Step

Learn Primavera Risk Analysis from scratch

Last updated 2022-01-10 | 4.5

- 1. Comprehensive Steps to Understand and Develop Primavera Risk Analysis Models
- 2. Importing a P6 XER File into Primavera Risk
- 3. Navigate the Primavera Risk Workspace

What you'll learn

1. Comprehensive Steps to Understand and Develop Primavera Risk Analysis Models
2. Importing a P6 XER File into Primavera Risk
3. Navigate the Primavera Risk Workspace
4. Check the Schedule Health
5. Test the Primavera Risk Model
6. Add Duration Uncertainty
7. Understand Templated Quick Risk
8. Introduce and Understand Correlation
9. Introduction to the Risk Register and Risk Scoring
10. Understand the Qualitative Risk Register
11. Understand the Quantitative Risk Register
12. Understand Risk Register Reports
13. Build an Impacted Risk Model
14. Run a Risk Analysis
15. Analyse the Distribution Histogram
16. Analyse the Tornado Chart
17. Analyse the Distribution Analyser
18. Learn how to add Weather Risk Events
19. Understand how to apply Percentage Leads or Lags
20. Learn how to apply Probabilistic Links and Branching
21. Learn how to Format the Gantt Chart
22. Risk Analysis Exercise (Approx. 3 - 4 hours)
23. Risk Analysis Exercise Outcome and Answers
24. Bonus Learning Section

* Requirements

* Basic Knowledge of Project Scheduling and Risk
* Primavera Risk Analysis Software (Trial version can be obtained from the Oracle E-delivery website)

Description

  • 1. Comprehensive Steps to Understand and Develop Primavera Risk Analysis Models
  • 2. Importing a P6 XER File into Primavera Risk
  • 3. Navigate the Primavera Risk Workspace
  • 4. Check the Schedule Health
  • 5. Test the Primavera Risk Model
  • 6. Add Duration Uncertainty
  • 7. Understand Templated Quick Risk
  • 8. Introduce and Understand Correlation
  • 9. Introduction to the Risk Register and Risk Scoring
  • 10. Understand the Qualitative Risk Register
  • 11. Understand the Quantitative Risk Register
  • 12. Understand Risk Register Reports
  • 13. Build an Impacted Risk Model
  • 14. Run a Risk Analysis
  • 15. Analyse the Distribution Histogram
  • 16. Analyse the Tornado Chart
  • 17. Analyse the Distribution Analyser
  • 18. Learn how to add Weather Risk Events
  • 19. Understand how to apply Percentage Leads or Lags
  • 20. Learn how to apply Probabilistic Links and Branching
  • 21. Learn how to Format the Gantt Chart
  • 22. Risk Analysis Exercise (Approx. 3 - 4 hours)
  • 23. Risk Analysis Exercise Outcome and Answers
  • 24. Bonus Learning Section

Course content

1 sections • 24 lectures

Introduction Preview 03:24

Importing a P6 XER File into Primavera Risk Preview 05:15

We will go through the steps of:

  • Importing a P6 XER file into Primavera Risk

  • Setting up Import Mappings

Navigate the Primavera Risk Workspace Preview 06:41

We will learn how to:

  • Navigate the Primavera Risk Window

  • Make changes to the layout

  • Make changes to the format

Check the Schedule Health Preview 06:58

We will cover the three steps that I like to use for checking Schedule Health:

  • The first step is to inspect the Import Log

  • The second step will be to Carry out an Import Check and

  • The third step is to perform a Schedule Check

Test the Primavera Risk Model Preview 06:59

We will run some Monte Carlo simulations and tests to confirm that the analysis is running as we would have expected.

Add Duration Uncertainty Preview 09:40

We will discuss how to add uncertainty to our model.

We will cover:

  • Three Point Estimates or Duration Uncertainty

  • Resource Uncertainty

  • Duration Quick Risk

Templated Quick Risk Preview 14:42

We will learn how to:

  • Access and Apply the Templated Quick Risk feature and

  • Create a new Templated Quick Risk template for use in other projects

Correlation Preview 06:07

We will learn about the impacts of Correlation and the Merge Bias Effect on our model.

We will go through the steps of adding Correlation to our model.

Risk Registers and Risk Scoring Preview 07:24

We will:

  • Introduce the Risk Register

  • Import a Risk Register

  • Understand the difference between Duration Uncertainty and Risk Events

  • Learn how to set up Risk Scoring

The Qualitative Risk Register Preview 07:12

We will:

  • Open an existing Risk Register

  • Introduce and Navigate the Qualitative Risk Register

  • Learn how to add Risk Events to our model

The Quantitative Risk Register Preview 08:17

We will:

  • Introduce and navigate the Quantitative Risk Register

  • Go through the steps to add and map discrete risk events to our schedule

Risk Register Reports Preview 05:24

We will learn how to:

  • Create and Print Risk Reports

  • Save Risk Reports and

  • Create Custom Risk Reports

Building the Impacted Risk Model Preview 08:32

We will:

  • Learn how to build our Impacted Risk Model

  • Run a test Risk Analysis

  • View our first Distribution Histogram

Running the Risk Analysis Preview 09:51

We will learn how to;

  • Set up our Risk Analysis Options and

  • Run a Risk Analysis, based on the selected options

  • Analyse our Pre-mitigated Risk Plan

The Distribution Histogram Preview 12:01

We will learn how to:

  • Navigate and Understand the Distribution Histogram

  • Format the Distribution Histogram and

  • Add Data to the Distribution Analyser

The Tornado Chart Preview 07:51

We will learn how to;

  • Navigate and Understand the Tornado Chart

  • Format our Tornado Chart

  • Filter information in our Tornado Chart

The Distribution Analyser Preview 12:32

We will learn how to:

  • Navigate and Understand the Distribution Analyser

  • Format the Distribution Analyser

  • Create What-if scenarios to assist mitigation

Weather Modelling Preview 13:05

We will learn how to:

  • Add Weather Modelling to our model

  • Create and Import Weather Events

  • Create and Import Weather Windows

  • Assign Calendars to Tasks

  • Prevent activities from splitting across non-working time

Percentage Lags and Leads Preview 06:23

We will learn how to understand and apply Percentage Lags and Leads to activities individually and globally

Probabilistic Links and Branching Preview 06:51

We will learn the use and how to apply:

  • Probabilistic Links and

  • Probabilistic Branching

Options and Formatting the Gantt chart Preview 08:07

We will look at the menu options that are mainly applicable to Risk Analysis under menu options for:

  • Format and

  • Plan

Risk Analysis Exercise (Approx. 3 to 4 hours) Preview 10:37

Real-world risk analysis model that I have personally worked on.

Risk Analysis Exercise Outcome and Answers Preview 03:54

Bonus Learning Section Preview 01:29

Access a downloadable eBook (235 pages) in pdf format so that you have a ready reference to use in conjunction with the course.