Overview

Completion of Action Plans and Evaluations It is not possible to control or manage 100% of risk, but knowing what do before, during, and after an event will mitigate the damage and harm. Identifying potential hazards and risks and making it part of the day to day business is important. Safety should be the first priority as every business must face the reality of risks and hazards.Through our Risk Assessment and Management course your participants will be aware of hazards and risk they didn't realize were around their workplace. Identifying hazards through proper procedures will provide your participants the ability to prevent that accident before it occurs. Limiting and removing potential dangers through Risk Assessment will be an incredible investment.

Course Objectives

The main objective of this Primavera Risk Analysis Course is to empower professionals with—

·        complete knowledge and understanding of Primavera risk analysis

·        detailed information and experience of the application to optimally use all features for appropriate and quick risk analysis

·        the required confidence and skill to help train other professionals on using Primavera for risk analysis and management

·        the skill and capability to perform better risk analysis and management because of use of advanced methodologies of the application

·        the required skill to analyse, identify and assess risks appropriately so as to increase confidence in project selection

·        the skill-set and capability to manage and appropriately interpret risk registers

·        the experience and exposure to create more realistic schedules and identify more scheduling pitfalls

Who Should Attend?

·        Senior management of organisations who need to understand the importance of risk analysis through Primavera

·        Project managers and team leads to driving and managing complex projects for their organisations

·        Other project management professionals keen on increasing their knowledge and enhancing their skills in all aspects of project management

·        Business analysts responsible for analysing all possible risks to the business and devising ways to handle these

·        Other stakeholders of a project who may be required to intervene at some stage of risk assessment and management

·        Any other professional interested in knowing more about risk analysis through Primavera

Course Outline

The Primavera Risk Analysis Course covers the following topics

Module 1 – Types of Project Risks

·        Budget

·        Contract

·        Disputes

·        Health and safety

·        Information security

·        Operations

·        Regulatory/Legal

·        Scope creep

·        Security

·        Technology

·        Project complexity and quality

·        Reputational

·        Residual

·        Schedule

Module 2 – Key Features of Primavera Risk Analysis

·        Risk analysis guide

·        Schedule check

·        Template quick risks

·        Risk register wizard

·        Risk register

·        Risk analysis

·        Distribution graphs

·        Distribution analyser

·        Probabilistic cash flow

·        Summary risk report

Module 3 – Risk Analysis Process and Output

·        Process

o   Risk ready schedule

o   Risk inputs

o   Risk impact

o   Risk analysis

o   Risk response

o   Output

o   Histograms

o   Tornado diagrams

Module 4 – Elements of a Risk Register

·        Risk identifier

·        Risk description

·        Risk trigger

·        Probability

·        Impact

·        Score

·        Ownership

·        Mitigation

·        Residual risks

·        Accepted probability

·        Accepted impact

Module 5 – Risk Analysis Models Used by Primavera

·        Estimate uncertainty

·        Task existence

·        Probabilistic branching

·        Fixed-cost uncertainty

·        Variable-cost uncertainty

·        Resource uncertainty

·        Conditional branching

·        Weather modelling

Module 6 – Benefits of Primavera Risk Analysis

·        Increased confidence in project selection and bids

·        More realistic schedules/elimination of scheduling pitfalls

·        Project risk and uncertainty awareness

·        Integration of pre-developed and current risk registers

·        Focus on complete risk management cycle

·        Increased project success because of better project management

·        Methodology-based risk analysis

Module 7 – Types of Cost Risk Analysis Uncertainties

·        Requirements uncertainty

·        Cost estimation uncertainty

·        System definition uncertainty

Module 8 – Three-Point Estimation

·        Optimistic estimate

·        Pessimistic estimate

·        Most likely estimate

General Notes

·         All our courses can be Tailor-made to participants' needs

·         The participant must be conversant in English

·         Presentations are well-guided, practical exercises, web-based tutorials, and group work. Our facilitators are experts with more than 10 years of experience.

·         Upon completion of training the participant will be issued with a Foscore development center certificate (FDC-K)

·         Training will be done at the Foscore development center (FDC-K) centers. We also offer inhouse and online training on the client schedule

·         Course duration is flexible and the contents can be modified to fit any number of days.

·         The course fee for onsite training includes facilitation training materials, 2 coffee breaks, a buffet lunch, and a Certificate of successful completion of Training. Participants will be responsible for their own travel expenses and arrangements, airport transfers, visa application dinners, health/accident insurance, and other personal expenses.

·         Accommodation, pickup, freight booking, and Visa processing arrangement, are done on request, at discounted prices.

·         Tablet and Laptops are provided to participants on request as an add-on cost to the training fee.

·         One-year free Consultation and Coaching provided after the course.

·         Register as a group of more than two and enjoy a discount of (10% to 50%)

·         Payment should be done before commence of the training or as agreed by the parties, to the FOSCORE DEVELOPMENT CENTER account, so as to enable us to prepare better for you.

·         For any inquiries reach us at training@fdc-k.org or +254712260031

·         Website:www.fdc-k.org