Curriculum

Introduction to CPM Scheduling Theory
  • Developing a sound risk model basis
  • Shortcomings of traditional CPM scheduling
  • Deliverable-based scheduling
Introduction to Risk Management Theory
  • Using risk management for forecasting Confidence analysis
  • Contingency & mitigation
  • Qualitative & quantitative risk management
  • Risk techniques (e.g. Monte Carlo, PERT)
Benefits of Risk Management
  • Understanding risk exposure
  • Calculating required contingency levels
  • Identifying risk hot spots & drivers
  • Positive risk - opportunity management Formal
Risk Management Methodologies
  • Developing repeatable processes
  • Accelerating your risk maturity
Inputs to the Risk Management Process
  • Cost/schedule uncertainty
  • Risk events/risk registers
  • Uncertainty windows
  • Weather modeling
  • Use of correlation
  • How to risk load large models 
Analysis
  • Effective techniques for analysis
  • Avoidance of ‘garbage in, garbage out'
Outputs from the Risk Management Process
  • Histograms: risk exposure
  • Contingency reports
  • Tornadoes: risk drivers
  • Scatter reports: cost/schedule correlation
  • Risk matrices: risk events/mitigation
  • CPM risk reports - critical path risk
Executive Risk Reporting
  • Making sense of all the data
  • Clear methodology on reporting