RiskyProject Webinars

Free Webinars: Learn About Project Risk Analysis and Risk Management with RiskyProject Software

These webinars will be held at 10:00 AM MST, which is 12:00 PM EST, 11:00 AM CST, and 9:00 AM PST.

Why you should be running Monte Carlo risk analysis

Date:Tuesday, July 11, 2017
Time:10:00 AM – 11:00 AM MST (UTC-07:00)

Running Monte Carlo simulations on project plans can often seem like an unnecessary added burden on the project team. Monte Carlo risk analysis requires additional expertise, effort and tools to perform, but the benefits are often not well understood.
In this webinar, we will discuss the benefits of running Monte Carlo simulations as well as when it is indicated. Learn how Monte Carlo is the best method to:

  • Generate risk adjusted project baseline
  • Estimate project contingency
  • Rank risks affecting project schedule

Past Webinars

Introduction to project risk management: Risk Registers and more

Date:Tuesday, May 2nd, 2017
Time:10:00 AM – 11:00 AM MST (UTC-07:00)

Risk registers are the centerpiece of the project risk management process. With a risk register you can identify and control risks including managing the risk lifecycle. In this webinar, you will learn how to configure and use the risk register to identify, assess, plan, and monitor and control your project risks.

This includes setting up and using the following:

  • what are risk categories, and why the same risk can belong to multiple categories
  • what are the risk properties and how can they be defined and used for project risk management
  • probability and impact matrix and how to use it
  • how risk mitigation plans can be added to a risk register
  • risk reviews and history
  • configuring risk register
  • risk register reports

Step-by-step Schedule Risk Analysis with RiskyProject

Date:Tuesday, March 21, 2017
Time:10:00 AM – 11:00 AM MST (UTC-07:00)

Schedule risk analysis is often a requirement for planning and managing projects. On large projects this can be time consuming and the results are often hard to communicate. In this webinar, you will learn about few simple steps how to streamline your risk analysis and communicate the results. In this webinar you will learn how to:
• ensure schedule quality
• assign risks to the tasks
• use groups and filters to quickly and uncertainties to activities
• use results to add appropriate margin and management reserve to your plan.
• communicate the analysis using histogram, cumulative probability, and various reports.

Integrated Cost and Schedule Risk Analysis with Microsoft Project

Date:Tuesday, Jan 17, 2017
Time:10:00 AM – 11:00 AM MST (UTC-07:00)

RiskyProject comes with an easy to use Add-in for Microsoft Project 2010 and later. Microsoft Project is a flexible project planning and scheduling tool that includes both schedule, resources and costs and provides the underlying data for running cost and schedule Monte Carlo risk analysis.
By attending this webinar, you will learn how to

  • Install the RiskyProject Microsoft Project Add-in
  • Set up schedule and cost risks and uncertainties.
  • Run Monte Carlo Simulation
  • Generate risk reports including histograms, cumulative probability, and tornado charts.

Date:Tuesday, November 8, 2016
Time:10:00 AM – 11:00 AM MST (UTC-07:00)

Risk in projects can come from two main sources Risk events and uncertainties. Risk events are discrete risks that are commonly captured in risk registers and are characterized by probability and impact. Uncertainties are inherent natural randomness that is found in all processes. Both should be included as part of your project risk analysis model.

In addition, there has recent development of including risk factors. Risk factors are used to attempt to identify sources of uncertainty and may allow for more accurate modeling of uncertainties as well as providing insight into critical factors behind project uncertainty.

This webinar will show you:

– How to assign risk events to your activities
– How to assign uncertainties to activities
– How to model risk factors
– How to interpret results of analysis with discrete events and uncertainties

Using RiskyProject as a Risk Register

Date:Tuesday, September 13, 2016

Time:10:00 AM – 11:00 AM MST (UTC-07:00)

The key to successfully managing risks in your organization is to implement a standardized process that can be using to assess and manage all risks whether they impact a single project or an entire portfolio. At Intaver Institute, we refer to this as the “3Cs Process”: consistent, comprehensive, and continuous risk management. .

The webinar will show you how you can implement the 3C methodology:

– Standardize risk registers
– Consistent risk identification
– Continuous risk assessment
– Risk reviews
– Risk reporting

Sensitivity analysis: Prioritizing Risks and Activities

Date:Tuesday, July 12, 2016
Time:10:00 AM – 11:00 AM MST (UTC-07:00)

Sensitivity analysis is a key outcome of Monte Carlo analysis. Using correlations, sensitivity analysis can be applied to project schedules to identify and prioritize the key drivers in your project, or those activities or risks that have the most potential to impact your project objectives.

By attending this webinar, you will learn:

– How sensitivity analysis is performed on project schedules
– How to interpret tornado charts to identify key cost and schedule drivers
– How you can prioritize risks

Integrated project risk analysis

Date: Tuesday, May 3, 2016
Time:10:00 AM – 11:00 AM MST (UTC-07:00)

Risk in projects can come from two main sources Risk events and uncertainties. Risk events are discrete risks that are commonly captured in risk registers and are characterized by probability and impact. Uncertainties are inherent natural randomness that is found in all processes. Both should be included as part of your project risk analysis model.

In addition, there has recent development of including risk factors. Risk factors are used to attempt to identify sources of uncertainty and may allow for more accurate modeling of uncertainties as well as providing insight into critical factors behind project uncertainty.

This webinar will show you:

– How to assign risk events to your activities
– How to assign uncertainties to activities
– How to model risk factors
– How to interpret results of analysis with discrete events and uncertainties

Mastering risk analysis with RiskyProject

Date:Tuesday, March, 8 2016
Time:10:00 AM – 11:00 AM MST (UTC-07:00)

The standards for effective planning and management of projects are increasingly adopting Monte Carlo project risk analysis as an essential tool in an environment that is characterized by increased complexity and lowered risk tolerance. This webinar will show you a step by step process how to:

– Import project plans from other scheduling software
– Add uncertainty and risk events
– Understand how to analyse the results
– Generate key project risk analysis reports

Cost and Schedule Risk Analysis with RiskyProject

Date:Tuesday, Jan 12, 2016
Time:10:00 AM – 11:00 AM MST (UTC-07:00)

Join us for a free webinar and see how you can quickly and simply make risk adjusted cost and schedule estimates for our projects.

Many projects require both cost and schedule risks analyses. Done separately, assumptions regarding time sensitive (resource) costs are often not aligned with the project schedule resulting in inaccurate cost estimates. This webinar will show you how to use resource loaded project schedule to generate accurate cost and schedule risk analyses:

– identify risks and uncertainties related to task durations, start and finish time, cost and resources
– perform Monte Carlo simulation
– analyse risk-adjusted project schedule
– perform probabilistic cost and work analysis of project schedules

How to analyze and manage project risks

Date:Tuesday, November 10, 2015
Time:10:00 AM – 11:00 AM MST (UTC-07:00)

Join Intaver Institute’s free webinar and see how to perform integrated project risk analysis and management using RiskyProject software.

This webinar will show you how to:

– identify and manage project risks across whole organization
– perform cost and schedule project
– risk analysis rank projects based on their risks
– manage risk mitigation and response plans on the organizational level
– manage risks, issues, lessons learned, threats, and opportunities

Creating Risk Adjusted Project Plans for Aerospace and Defence Projects

Date:Tuesday, September 8, 2015
Time:10:00 AM – 11:00 AM MST (UTC-07:00)

Aerospace and defence project teams are faced with large and complex projects, which present more risk and uncertainty than previously experienced. Project teams are asked to deliver projects on time, budget, and scope and this task is made much more difficult when these targets are not realistic. Project plans that do not actively manage risks and account for uncertainties are unrealistic and therefore unattainable. Creating risk adjusted project plans allows you to create schedules and cost estimates that are resilient with sufficient, yet realistic contingencies that will protect key project objectives.

Analyzing and Managing Risks in Project Portfolios: An Introduction to Portfolio Risk Analysis

Date:Tuesday, July 07, 2015 , 2015
Time:10:00 AM – 11:00 AM MST (UTC-07:00)

Managing risk in project portfolio as opposed to individual project schedule provides a number of significant benefits:

– Consistent and continuous risk analysis of all projects within a portfolio using common set of risks
– Ranking projects within a portfolio based on risk
– Rolling up project risks and ranking them at the portfolio level
– Managing risk mitigation efforts across a project portfolio
This webinar provides an introduction on how to analyze and manage risks in project portfolios and how RiskyProject software can provides the capability to help you perform this:

– How to create risk registers that can be shared between different projects within a portfolio
– How to assign enterprise risks to different projects
– How to calculate total risk probabilities and impacts if risk is assigned to multiple project within a portfolio
– How to present and report results of portfolio risk analysis

Managing Project Risks: Why, When and How

Date:Tuesday, May 12, 2015, 2015
Time:10:00 AM – 11:00 AM MST (UTC-07:00)

The webinar demonstrates how to establish effective and relatively simple process of managing project and portfolio risks in organizations. The process is based on “3C” principle:

– Consistency –project and portfolio risks are managed in a consistent fashion
– Comprehensive – all risk related to different project and portfolio objectives should be managed
– Continuity – risks need to be managed over time
In the webinar, you will see how to put the 3C principle as part of the important elements of project and portfolio risk management process:

– Setting up risk registers and identification of risks
– Defining risk properties and risk costs
– Identification risk probabilities and impacts
– Assessment of risk criticality
– Risk mitigation and response planning

Project Risk Management in Oil and Gas Industry: Why Now

Date:Tuesday, April 28, 2015
Time:10:00 AM – 11:00 AM MST (UTC-07:00)

In light of recent drop in oil prices, improving efficiencies of oil and gas exploration, development and production has become very critical. Project risk management is proven to be perhaps the most cost effective and easiest to implement method to improve project performance and reduce cost. Still many oil and gas companies do not employ effective project risk management processes. This webinar demonstrates the basic steps of project and portfolio risk management process:

– Identify project risks and record them in risk register
– Assign risks to different projects and activities and calculate impact of these risks on project
– Reduce the impact of project risks
– Manage and control risks during a course of projects
Based on real-life examples, the webinar demonstrates how these processes can help oil and gas companies to control capital and operational costs.

Optimizing your Monte Carlo simulations in RiskyProject

Date:Tuesday, March 10, 2015
Time:10:00 AM – 11:00 AM MST (UTC-07:00)

Cost and schedule risk analysis are becoming a more frequent contractual requirement in many programs. On large projects this can be a frustrating and time consuming process and the results are often hard to communicate. In this webinar, you will learn how to streamline you risk analysis and communicate the results. You will learn:

– how many iterations to run
– what convergence monitoring is and how it can speed up your analysis
– how to streamline your data for schedule risk analysis in Microsoft Project
– how to communicate the analysis using histogram, cumulative probability, and tornado diagrams

Managing risk lifecycle using RiskyProject – risks, issues, lessons learned, mitigations, and responses

Date:Tuesday, February 17, 2015
Time:10:00 AM – 11:00 AM MST (UTC-07:00)

Risks go through predictable phases and changes over the course of projects. An integral part of risk management is the management of the risk lifecycle. In this webinar, you will be shown how using RiskyProject, you can track, monitor, and control the risk lifecycle over the course of a project or program.

RiskyProject Cloud – risk management on the web

Date:Tuesday, December 9, 2014
Time:10:00 AM – 11:00 AM MST (UTC-07:00)

RiskyProject Cloud is a web based risk management tool that in conjunction with RiskyProject Server and RiskyProject desktop, provides a complete project risk analysis and management system. This free webinar will include:

– Overview of RiskyProject Cloud
– Adding risks to your register
– Assigning probability and impact
– Risk Response planning
– Reporting

Implementing a risk management system with RiskyProject

Date:Tuesday, October 7, 2014
Time:10:00 AM – 11:00 AM MST (UTC-07:00)

RiskyProject comes with a full project risk management capability that is flexible and powerful enough to meet the needs of any organization. In this webinar, you will learn how to:

– Configure your risk register
– Set up your risk matrix to align with your organization’s risk tolerance
– Set up user permissions for projects and risks
– Configure risk and simulation defaults

Risk Events vs. Statistical Distributions for project risk analysis

Date:Tuesday, August 12, 2014
Time: 10:00 AM – 11:00 AM MST (UTC-07:00)

There are two commonly used methodologies to model uncertainty in projects: risk events and statistical distributions. Each has its advantages and disadvantages. Choosing the right method or combination of the two depends largely on:

– What are you trying to achieve with the risk analysis (objectives)
– The risk management maturity and capability of your organization
– What types of information is available to use for the risk modelling
This webinar will discuss the differences between the two methodologies and help you decide which process is best suited to meet your needs.

Risk analyses on very large schedules

Date: Tuesday, June 10, 2014
Time: 10:00 AM – 11:00 AM MST (UTC-07:00)

One of the consequences of the advances in both project management practices and tools is that it has become quite common for schedules to be extremely large. Performing schedule risk analysis on schedule that are extremely large can be daunting in both running the simulation, but also understanding the results of the analysis. This webinar will provide tips and tricks that will help you perform risk analysis on large to very large schedules:

– How to deal with integrated linked schedules from Microsoft Project
– How to quickly assign risks and uncertainties to schedules
– When and how to reduce schedules for risk analysis

Using RiskyProject with Microsoft Project

Date: Thursday, May 8, 2014
Time: 10:00 AM – 11:00 AM MST (UTC-07:00)

Microsoft Project is a popular and powerful tool for managing your projects; however, it has very limited risk analysis and management capabilities. All versions of RiskyProject have build integration with Microsoft Project that allows you to perform schedule and cost risk analysis as well as manage risk events. In this webinar, you will see how to:

– perform Monte Carlo schedule and cost risk analysis using RiskyProject’s Microsoft Project Addin
– assign risks to your project and assess risk impact on project cost, schedule and other objectives
– manage your project risks

Managing Risks in Project Portfolios

Date: Thursday, April 10, 2014
Time: 10:00 AM – 11:00 AM MST (UTC-07:00)

RiskyProject Enterprise is a powerful project portfolio risk management system. This webinar will provide a live overview of the portfolio risk analysis and management capabilities and show how it allows you to:

– apply a consistent risk management process to all of your projects
– set up a risk visibility and approval process
– identify and manage critical risks at project, summary project or portfolio level
– identify projects with the most relative risk
– manage risk mitigation plans across your project portfolio
– portfolio risk reporting

Using risk events for quantitative risk analysis

Date: Tuesday, March 11, 2014
Time: 10:00 AM – 11:00 AM MST (UTC-07:00)

Modelling discrete risk events is a key component of RiskyProject’s quantitative project risk analysis capabilities and is referred to as risk assignment. For new or novice users, modeling risk events can be a tedious and time consuming. This webinar will provide a standard, repeatable method and helpful tips that will help start modeling risk events quickly and accurately.

RiskyProject Reporting: Communicating the results of your risk analysis

Date: Thursday, January 9th, 2014
Time: 10:00 AM – 11:00 AM MST (UTC-07:00)

RiskyProject provides extensive set of customizable charts and reports. This webinar focuses on:

– what reporting tools are available in RiskyProject
– project schedule reporting
– reporting results of qualitative analysis: risk register and individual risks
– how to report results of Monte Carlo simulations
– how to customize your reports

How to analyze and manage risks in oil and gas project portfolios

Date: Tuesday, December 10, 2013
Time: 10:00 AM – 11:00 AM MST (UTC-07:00)

Join Intaver Institute’s free webinar and see how leading oil and gas producers perform portfolio risk analysis and risk management using RiskyProject Enterprise software. RiskyProject Enterprise can provide a practical and proven approach to oil and gas projects:

– identify and manage project risks across whole organization
– perform cost and schedule project
– risk analysis rank projects based on their risks
– manage risk mitigation and response plans on the organizational level
– manage risks, issues, lessons learned, threats, and opportunities

New RiskyProject 6: Enterprise Risk Management and more

Date: Tuesday, December 3, 2013
Time: 10:00 AM – 11:00 AM MST (UTC-07:00)

Join us to take a live 45 minute overview of our latest release and see how RiskyProject’s powerful new enterprise risk management capabilities can help your company.

Integrated Cost and Schedule Risk Analysis

Date: Tuesday, November 12th, 2013
Time: 10:00 AM – 11:00 AM MST (UTC-07:00)

Many projects require both cost and schedule risks analyses. Done separately, assumptions regarding time sensitive (resource) costs are often not aligned with the project schedule resulting in inaccurate cost estimates. This webinar will show you how to use resource loaded project schedule to generate accurate cost and schedule risk analyses.

Risk Register: From Qualitative Analysis to Monte Carlo

Date: Tuesday, September 10th, 2013
Time: 10:00 AM – 11:00 AM MST (UTC-07:00)

RiskyProject is integrated risk management and risk analysis software. This webinar shows how to:

– Identify risks and enter them to the risk register
– Define risk properties including risk probabilities and impact
– Utilize analytical tools, such as risk matrix to perform qualitative risk analysis
– Switch from qualitative to quantitative schedule risk analysis using the same risk register

Monte Carlo Schedule Risk Analysis with RiskyProject

Date: Tuesday, July 16, 2013
Time: 10:00 AM – 11:00 AM MST (UTC-07:00)

Monte Carlo schedule risk analysis is fast becoming an integral part of integrated project management processes. If you are or will be managing projects with this requirement, this webinar will provide you basic understanding of how Monte Carlo simulations work, provide a quick overview of the inputs, analysis and reports. and show how you can simplify the process.

RiskyProject Reports

Date: Tuesday, May 7, 2013
Time: 10:00 AM – 11:00 AM MST (UTC-07:00)

Riskyproject provides a powerful and flexible risk analysis and management capabilities. But this will be of no help if you cannot communicate your analysis to your stakeholders and project team. This webinar will show you not only how to produce reports, but which type of reports are appropriate for your audience and project phase.

Risk Management for Oil and Gas Projects

Date: Tuesday, April 5th, 2013
Time: 10:00 AM – 11:00 AM MST (UTC-07:00)

Free webinar demonstrates how leading oil and gas producers perform risk analysis and risk management using RiskyProject software. RiskyProject can provide a practical and proven approach to oil and gas projects:

– Identify and prioritize risks that will impact project success;
– Analyze project schedules with risks and uncertainties;
– Create risk management plans to minimize risk exposure;
– Create accurate risk aware project schedules.

What If Analysis with RiskyProject

Date: Tuesday, March 12, 2013
Time: 10:00 AM – 11:00 AM MST (UTC-07:00)

During project execution, the actual path or activities that must be executed sometimes hinge on decisions that are made due to project conditions or performance. This webinar will show you how “what if” analysis can be used to plan and forecast project performance in situations where the course of the project is uncertain or decisions will be made during the course of a project.

RiskyProject Lite: a Risk+ replacement for Microsoft® Project 2010

Date: Tuesday, January 15, 2013
Time: 10:00 AM – 11:00 AM MST (UTC-07:00)

If you are a Risk+ user and are looking for a solution, RiskyProject Lite is an easy to use, value priced Monte Carlo schedule risk analysis tool that replaces Risk+ for Microsoft Project 2010. This webinar will show you how you can easily perform your schedule risk analysis using RiskyProject Lite.

Managing Risk Register in RiskyProject

Date: Tuesday, November 20, 2012
Time: 10:00 AM – 11:00 AM MST (UTC-07:00)

RiskyProject has a flexible risk management system that it allows it to meet the specific needs of organizations. This webinar shows how to utilize risk register for risk management as well as for quantitative and qualitative risk analysis. The webinar also demonstrates how to customize your risk register, risk matrix, and risk properties to align RiskyProject with your risk management guidelines.