Risk Management using Oracle Primavera Cloud

Classroom | Online via Microsoft Teams | In company

With Oracle Primavera Cloud, there is no longer a need to manage risk registers, probabilistic schedules, and control measures across different software packages. If you have a license for Oracle Primavera Cloud, there is no need to purchase additional software for risk management. This makes the platform particularly appealing to risk managers and is one of the many reasons for its popularity. The integrated approach to project control within this platform ensures that all elements of project management are seamlessly connected.

During this course, you will learn how to perform a comprehensive risk analysis, including a Monte Carlo analysis. You will have the opportunity to evaluate control measures and create risk reports. Through these practical exercises, as a risk manager, you will quickly discover that this integrated solution is much more user-friendly than often assumed. The course gives you the opportunity to fully leverage the powerful features of Oracle Primavera Cloud.

By attending this course, you will not only learn to work faster and more efficiently but also to conduct better analyses. This results in greater added value within your project team. You will be able to proactively address potential risks and effectively communicate with your team members about control measures. This leads to improved project execution and a higher chance of success. In short, this course provides you with the tools and knowledge needed to effectively integrate risk management into your project management practices. Knowledge of project planning and experience with Oracle Primavera Cloud are recommended, which is why we advise taking the project planning course with Oracle Primavera Cloud first.

Course Outline:

Day 1:

• Risk management with Oracle Primavera Cloud
• Introduction to Monte Carlo
• Uncertainties in activities
• Risk codes and matrix
• Risk register
• Linking risks to activities
• Performing risk analysis
• Risk response and mitigation
• Risk reporting and visualization
• Management of response actions

This course is particularly intended for probabilistic project planners, risk analysts, risk managers, and project control managers. Theoretical knowledge of risk management is recommended. If you lack this knowledge, we suggest taking the risk management course first.

We offer this training in a hybrid format, allowing you to choose whether to participate in a physical classroom environment or online through Microsoft Teams. Do you have questions about our course schedule? Please contact us via Whatsapp or email: info@aramacademy.com.