Project Risk Assessment & Management 2016

Key Topics

• Risk Management Planning
• Introduction to Risk Analysis & Management
• Qualitative Risk Assessment
• Risk Identification
• Case Study-Implementing the (P-I) Approach for the Offshore Gas Production Platform
• Case Study-Introduce the Offshore Gas Production Platform for Risk Identification
• Discussion: How is Risk Quantification Different from Qualitative Risk Analysis?
• Risk Quantification-Simple Concepts in Probability
• Risk Data Collection
• Project Cost Risk – Using Probability Distributions in Risk Analysis
• Case Study-Cost Risk (Offshore Gas Production Platform)
• Discussion: What Are The Inhibitors and Enablers to Collect Unbiased Risk Data in Company?
• The Monte Carlo Simulation Method
• Modern Quantitative Risk Analysis
• Correlation between Project Element Costs
• Demonstration of Crystal Ball Simulation Software with MS Excel on a Refinery Upgrade Construction Project
• Importance of Best Practices Critical Path Method Project Scheduling
• Project Schedule Risk Analysis
• Demonstrate Primavera Risk Analysis(Pertmaster)on Simple Schedule
• Schedule Risk Analysis Basics
• Case Study – Schedule Risk for E&P Project
• Discussion: Questions about The Monte Carlo Simulation Method
• Risk Prioritization to prepare for Risk Mitigation
• Risk Driver Method Focus on Risks Rather than Activities
• Integrate Cost and Schedule Risk
• Demonstrate the Risk Mitigation Methods
• Risk Monitoring and Control
• Project Risk Response Strategy Examples for Opportunities and Threats
• Summary of Risk Analysis and Management
• Characteristics of a Mature Project Risk Management Organization
• Case Study-Identify Effective Risk Management Actions for a pipeline construction project

Who should Attend

Attendees with job titles such as:

• Project Team Leaders
• Project Managers
• Project Risk Managers
• Project Team Members
• Project Controllers