PRA Risk Analysis

If you are using the Oracle products for managing Risk then you are probably using Oracle Primavera PRA Risk Analysis or PRA is it is better known.  Join us for this 3 day course.

This Oracle Primavera Risk Analysis tool is rich in functionality, but this has to be understood before it provides any value to the organisations.

Hyde Park Solutions PRA trainers have a wealth of knowledge in implementing and running PRA on real projects on the customers behalf.

We do this for

  • Defence contractors
  • Construction and Engineering Consultancy firms
  • Utilities
  • Oil and Gas
  • Manufacturing

This Oracle Primavera Risk Analysis training course costs as little as £1195 for the three days including all course material and upon successful completion a Hyde Park Solutions Training Academy Certificate.

Learn to…
  • Build a Risk Register to assess risks qualitatively or quantitatively
  • Execute a risk analysis
  • Use a Risk Register to propose, evaluate and justify mitigation options
  • Track and manage planned mitigation actions collaboratively with others in the project team

This course is useful for a wide range of people including:

  • End Users
  • Risk and Issues Managers
  • Insurers
  • Project Manager
  • Business Analysts
  • Portfolio Managers
  • Business Sponsors

By the end of this course you should be able to:

  • Apply a risk assessment to a project schedule, resources and costs
  • Interpret, clearly communicate and justify a risk assessment to project team member, management and stakeholders alike
  • Use risk management to improve your project management capabilities, set targets and contingency, set corporate and customer expectations

The depth of topics covered will depend on your organisations specific requirements. If you have no preference we will cover the following:

  • Basic schedule and cost risk analysis theory
  • Risk Methodologies
  • Schedule Review
  • Using three-point estimates for activities
  • Running a quantitative risk analysis
  • Understanding results (histograms, tornado charts)
  • Understanding project drivers (duration sensitivity, criticality)
  • Introduction to the concepts of as Risk Register
  • Cost and Resource uncertainty
  • Risk Assessment templates – when to use and when not
  • Correlation theory
  • Probabilistic Branching
  • Risk Register (Risk Events)
  • Response Planning – cost/benefit analysis
  • Risk work-shopping
  • Applying risk analysis techniques
Suggested Prerequisites…

We recommend that students to this course have at least a basic understating of the following topics before attending

  • Fundamental Product Management knowledge
  • Activity based project management theory and concepts
  • Concept of mitigation
Recommended Related Training Courses…

Primavera P6 Fundamentals EPPM (3 Day Duration)

This Primavera P6 Professional Fundamentals training course explores planning, scheduling and resource management techniques using P6 EPPM. Learn new ways to manage resources and analyse project performance.

Primavera P6 Advanced EPPM(2 Day)

This Primavera P6 Professional Advanced training explores resource management and advanced project management techniques using P6 EPPM. Learn new ways to manage resources and analyse project performance.

In light of COVID-19 Pandamic we have suspended our class room training courses. Please click on link for our online courses offerings

Start Date Location Price Format
To be announce soon London £1195 Classroom Training Register Here
To be announce soon Warwick £1195 Classroom Training Register Here
To be announce soon Manchester £1195 Classroom Training Register Here
To be announce soon Bristol £1195 Classroom Training Register Here
To be announce soon Edinburgh £1195 Classroom Training Register Here

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Primavera Risk Analysis (PRA) Training – Certified training by certified trainers – best value for money guaranteed