Project Risk Analysis and Project Risk Management 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.

  Past Webinars

Mastering Cost Risk Analysis with RiskyProject

Date: Tuesday June 11th, 2024

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Join us for an webinar where we’ll explore the ins and outs of cost risk analysis with RiskyProject.

In this session, we’ll cover::

  • Modeling Cost Uncertainties and Risks: Learn how to model and quantify cost uncertainties and risks within your projects.
  • How to use the cost analysis to generate risk adjusted cost contingencies
  • Case Study Using a realistic project we will show who to perform a cost risk analysis using RiskyProject

Whether you’re a seasoned project manager or a newcomer to the world of cost risk analysis, this webinar will help you unlock the full potential of RiskyProject and improve your chance of meeting your projects’ budgets.

Cost Escalation of Large Capital Projects and the Role of Risk Analysis

Date: Tuesday March 5th, 2024

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Cost escalation in large-scale infrastructure projects surpassed an average of 4.3% from 2000 to 2023, outpacing inflation rates. This alarming trend raises concerns about the feasibility of future constructions. Moreover, evidence suggests a parallel surge in project costs across various industries. Delve into the root causes and potential solutions in this enlightening webinar.

Key Takeaways:

  • Case Studies: Examine real-world instances of major global infrastructure projects that experienced budget overruns.
  • Cost escalation statistics: what projects went over budget, their respective countries, and the extent of financial implications.
  • Cost Escalation Drivers: the primary reasons behind the observed surge in project costs
  • Proven Risk Management Strategy: practical solutions for project stakeholders.
  • Join us for an in-depth analysis that goes beyond the numbers, providing actionable insights to address and navigate the challenges posed by escalating costs in large capital projects.

Mastering Issue Management with RiskyProject Professional

Date: Monday December 11th, 2023

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Are you ready to take your project management skills to the next level? Join us for an insightful webinar on mastering issue management with RiskyProject Professional.

Key Topics to be Covered:

  • The Importance of Issue Management: Understand why effective issue management is crucial for project success, and the impact it can have on your project’s schedule and budget.
  • Risk Analysis and Issue Management: Explore how RiskyProject seamlessly integrates risk analysis with issue management to provide a holistic approach to project success.
  • Navigating RiskyProject’s Issue Management Workflow: Get hands-on experience with RiskyProject’s for identifying, tracking, and resolving issues in your projects.
  • Live Demonstration: Watch a live demonstration of RiskyProject Professional in action, as we showcase its issue management capabilities and workflows.
  • Who Should Attend:

    • Project Managers
    • Risk Managers
    • Team Leaders
    • Business Analysts
    • Anyone interested in mastering issue management in project management.
    • This is a fantastic opportunity to learn how RiskyProject Professional can transform the way you manage issues in your projects. Whether you’re a seasoned project manager or just starting in the field, this webinar will provide valuable insights and tools to boost your project’s success rate.

Mastering Program and Project Risk Management with RiskyProject Enterprise

Date: Monday Sept 11th, 2023

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Designed for professionals involved in program and project management, this webinar will provide practical insights and step-by-step guidance on utilizing RiskyProject Enterprise.

Key Topics to be Covered:

  • Introduction to RiskyProject Enterprise: Find out about Its advanced features and why you need them.
  • Identifying and Assessing Risks: Explore how RiskyProject Enterprise facilitates the systematic identification, assessment, and prioritization of risks.
  • Configuring the Risk Register: Learn how to take maximum advantage of RiskyProject’s customization.
  • Importing Risk Data: Discover how to seamlessly import risk data into RiskyProject Enterprise.
  • Mitigation and Response Planning: Explore best practices for developing risk mitigation and response plans.

By the end of this webinar, you will have a solid understanding of how to use RiskyProject Enterprise to streamline your program and project risk management processes, minimize risks, and maximize the success of your initiatives. Don’t miss this opportunity to learn from industry experts and take your risk management skills to the next level.

Risk Register and How to Use It

Date: Tuesday May 9, 2023

Time: 10:00 AM – 11:00 AM MST

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Risk Registers are a fundamental tool used to manage risks and contain all information about risks. RiskyProject’s integrated Risk Register supports a wide range of risk management processes from the very simple to the very complex. In this webinar, we will look at how you can configure RiskyProject’s risk register to manage of your project risks.

  • What are the main components of the Risk Register.
  • What should you take into consideration when setting up your Risk Register.
  • How to set up the Risk Register for qualitive vs quantitative risk analysis
  • How to customize settings for risk identification, assessment, planning, control, and reporting.

Monte Carlo Schedule and Cost Risk Analysis Demystified

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Date: Tuesday February 7, 2023

Time: 10:00 AM – 11:00 AM MST

This webinar an introduction to Monte Carlo simulations of project schedules. The webinar will explain how to model uncertainties and risks in task cost and schedule and how discrete events can be converted to probabilistic statistical distributions and how calculations are performed. You will also learn about correlations between various uncertainties are defined and how they affect results of Monte Carlo simulations. The webinar material will be presented based on realistic schedules analyzed in RiskyProject software.

You will learn:

  • Why and how Monte Carlo improve your project forecasts,
  • What statistical distributions are and how they can be used in different situations,
  • How to run a Monte Carlo simulation with risks and uncertainties,
  • What are the results of Monte Carlo simulations are how they are used to optimize your project.

Risk Mitigation and Risk Response: How, When, and Why

Date: Tuesday December 6, 2022

Time: 10:00 AM – 11:00 AM MST

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Risk Planning is an often misunderstood and ignored part of project management process and you need to know how , when and why it is needed.

  • What is the risk mitigation?
  • What is the difference between risk mitigation and risk response?
  • Why risk mitigation and risk response are so important and at the same time often overlooked?
  • How to plan risk mitigation and response?
  • How to calculate the cost of mitigation and response: maybe it is cheaper by to accept the risk?

Our webinar will help you to answer these and other questions about risk mitigation and response. PLUS it will provide a practical recommendation on managing your project with mitigation and response plans.

Project Risk Analysis and Mitigation Planning in Extreme Projects

Date: Tuesday September 6, 2022

Time: 10:00 AM – 11:00 AM MST

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Cost and schedule risk analysis of megaprojects and large integrated programs can be complex, time consuming, but most important may not give meaningful results. The presentation demonstrates a practical and easy to implement steps how to perform risk analysis of megaprojects.

The methodology helps to perform fast and meaningful risk analysis of megaprojects: ranking, risks determining expected duration and cost of projects, and managing risk mitigations and responses.

RiskyProject 7.2: New major software release

Date: Tue, May 3, 2022

Time: 10:00 AM – 11:00 AM MST

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Intaver Institute is proud to announce a major release of our RiskyProject software. Please join us as we review the newly released RiskyProject 7.2 suite. This webinar will cover the new features in RiskyProject 7.2 and includes:

– new customizable risk and project dashboards
– customizable forms to input risk information
– improved risk mitigation and response planning
– new automation to assist with very large projects
– improved user interface
and much more.

PRA 101: Introduction to implementing Project Risk Analysis

Date: Tue, Dec 7, 2021

Time: 10:00 AM – 11:00 AM MST

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Introducing Project Risk Analysis to your organization is not a trivial process. It requires additional resources, processes, and buy in from your team and management. If Project Risk Analysis is not implemented properly it may become a bureaucratic exercise or be abandoned altogether. In this webinar we will draw upon over 20 years of customer experience to provide some advice on what the major challenges are and how you can prepare for them:

  •  Why Project Risk Analysis would be beneficial for your organization?
  •  What types of Project Risk Analysis can be conducted?
  •  What data is required?
  •  What are the results of analysis?
  • How and to who will you report result of analysis?

Risk Analysis of Mega Projects

Date: Tuesday September 14th,  2021

Time: 10:00 AM  MDT

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Schedule and cost risk analysis of large programs in can be complex, time consuming, difficult to perform, and may not give meaningful results. What are the best approaches to minimize efforts and allow for a valid risk analysis? There are two major schools of thought when approaching this problem. The first emphasize creating simplified proxy models that provide the benefit of easing the effort required to maintain a risk model. The second approach is to use the detailed master schedule to ensure that a risk analysis captures the risk that project complexity creates.

In this webinar, we will look the advantages and drawbacks of both approaches and demonstrate new features in RiskyProject that help to simplify the process while ensuring the validity of both the risk model and the results of the analysis.

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Integrating Project Risk Analysis and Project Control

Date: Tuesday June 1st,  2021

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Project risk analysis and project control are not completely separate processes. In a well-managed project, the two processes are integrated during project execution. Project control helps to understand how much  work has been performed, how long it has taken, and how much has been spent. However, the project risks are also not static, new risks can  appear, other risks may be retired, and risk probability and impact  may change.

Regular project risk analysis allows project teams to forecast what  happen with project on each phase of project execution.

In this webinar you will learn how to:

  • Track actual project performance that includes risk
  • Update your schedule risk model and run a simulation on each phase of the project
  • Forecast project cost and schedule based on results of project control

Improving Project Success with Risk Analysis

Date: Tuesday March 2nd,  2021

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If you are looking for a way to improve your ability to deliver projects on time, budget and scope and you are currently not performing risk analysis, then adding Project Risks Analysis to your management plan should be your first step. At a high level, project risk analysis helps you to do two things that will improve project success: First, it will generate realistic “risk adjusted” cost schedule estimates. Second, using sensitivity analysis, it will identify critical risks and crucial tasks upon which you need to prioritize your management efforts.

In this webinar you will learn:

  • How to create a risk model
  • How to run a Monte Carlo simulation
  • How to generate a risk adjusted project schedule and budget
  • How to identify critical risks and crucial tasks.

How Risk Events and Uncertainties can affect your project

Date: Tuesday December 8th,  2020

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All Projects are subject to risk that may alter its course and result in delays, cost overruns, or change in scope. Project risk analysis can use two different methods to model the potential impact of risk on project: uncertainties and risk events.

In this webinar you will learn:

  • What are uncertainties and risks events?
  • What is manageable vs unmanageable risk?
  • When should you use risk events vs uncertainties?
  • How to model risks and uncertainties for cost and schedule.
  • What are the sources of risk data?

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How to use the results of your Project Risk Analysis

Date: Tuesday September 15, 2020

Time: 10 am – 11 am MDT

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You have taken a lot of time and effort into creating your risk model and have just run a Monte Carlo simulation on it. But at this point, you job is only half done. The next step is to properly interpret the results of your project risk analysis to improve its chance of success.

In this webinar you will learn:

  • What is risk a adjusted project schedule and how to use it
  • Use histograms and charts to understand how confident you should be that your current project will be delivered on time and budget
  • How identify prioritize activities and risks that your team should focus optimization efforts
  • How to optimize you risk mitigation strategies
  • Increase project success by generating risk adjusted cost contingency and schedule margins

Lessons Learned from Project Risk Analysis in the Construction Industry

Date: Tuesday July 7, 2020

Time: 10 am – 11 am MDT

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Construction projects face a myriad of risks that can quickly balloon costs and delay completion. These risks come from many sources including financial, political, regulatory, environment and execution. Join us for 30 minutes webinar to discover lessons from construction risk analysis, which can be applicable for other industries.

In this webinar, you will learn how construction project managers perform integrated cost and schedule risk analysis.

This includes:

  • What is so unique about construction project risk analysis
  • Why construction projects are often behind schedule and over budget
  • Risk analysis in bidding process
  • Critical Path for construction schedules with risks and uncertainties
  • Risk associated with resources in construction projects
  • Examples of project risk analysis of construction schedules


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Risk Mitigation Planning and Scenario Analysis

Date: Tuesday April 7, 2020

Time: 10 am – 11 am MDT

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Risk analysis will not only tell us how critical are certain risks, but also what is the most effective way to minimize the impact of these risks on your project. Some mitigation plans can cost more than others and significantly increase duration of the project. One of the way to determine efficiency of mitigation plans is perform risk analysis with multiple scenarios. Scenario analysis is useful for selecting optimal project strategies. In this webinar, you will learn how to:

  • Create risk handling scenarios using baselines
  • Compare scenarios impacts on project cost and schedule
  • Analyze mitigation plan using multiple scenarios
  • View a risk score across multiple baselines




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Cost Risk Analysis

Date: Tuesday, January 21, 2020

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Cost risk analysis is the companion to schedule risk analysis, but it is often not integrated with the schedule risk analysis. Project cost is uncertain: it is affected by events and uncertainties. To keep a project on budget, it is important to create risk adjusted project budget. It is also critical to perform cost control with risks and uncertainties when project progresses. In this webinar we will show how to:

  • Perform a simple cost risk analysis
  • Perform cost analysis using schedule risks and uncertainties
  • Perform cost analysis using resource risks.
  • Analyze project cash flow
  • Perform project cost tracking with risks and uncertainties
  • Apply Earned Value Method (EVM) to control cost with risks and uncertainties

New RiskyProject Release 7.1

Date: Wednesday, October 30, 2019

Time: 10 am – 11 am MDT

RiskyProject 7.1 is a major version release of the entire RiskyProject Software Suite including Professional, Lite, and Enterprise. Version 7.1 includes improved project risk analysis functionalities:

  • uncertainty bands
  • schedule consolidation
  • improved filtering and sorting of the Risk Register
  • incident management in RiskyProject Enterprise
  • scenario analysis using multiple cumulative probability plots
  • project schedule diagnostics and DCMA 14 points schedule inspection
  • improved integration with Oracle Primavera
  • analysis of critical tasks
  • improved integration with Microsoft Excel
  • improved usability and other functionalities

For more information about RiskyProject 7.1 please click here or see our presentation.

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How to Perform Risk Analysis on Agile Projects

Date: Tuesday July 9th

Time: 10 am – 11 am MDT

Agile is the most popular management process in different industries including development and delivery of software systems. This popularity is due to Agile’s ability to effectively manage the risks and uncertainties that are inherent in delivering complex projects. However, managers still need to provide estimates for cost and schedule to deliver system capabilities that account for risk and uncertainties. Ownership and management groups require these estimates as the basis of investment decisions and contract management.

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In this webinar, we will show how conventional quantitative project risk analysis on schedule and cost can be adapted to the Agile methodology to improve estimates and avoid either overruns or under delivery of system capabilities.

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Smart Monte Carlo: Five simple tricks to make your analysis more accurate and efficient

May 16, 2019

Projects are not planned and executed in isolation and are normally part of a larger portfolio of programs and projects that share common risks and uncertainties. In addition, these risks and uncertainties reside largely outside of the control of the project management team and can exert dramatic effects upon projects resulting runaway cost escalations. Project portfolio risk analysis and management is a methodology that provides management and project team a common framework to identify, assess, and assign risks to the optimal level in a portfolio minimize threats and maximize opportunities to meet both project and high level organization objectives.

In this webinar we will discuss:

  • what the difference is between project and portfolio risk analysis and management
  • how to optimize your project portfolio risk analysis and management
  • who should consider moving to a project portfolio framework.

Review Webinar Recording

Moving from Project to Project Portfolio Risk Analysis

Feb 5, 2019

Projects are not planned and executed in isolation and are normally part of a larger portfolio of programs and projects that share common risks and uncertainties. In addition, these risks and uncertainties reside largely outside of the control of the project management team and can exert dramatic effects upon projects resulting runaway cost escalations. Project portfolio risk analysis and management is a methodology that provides management and project team a common framework to identify, assess, and assign risks to the optimal level in a portfolio minimize threats and maximize opportunities to meet both project and high level organization objectives.

In this webinar we will discuss:

  • what the difference is between project and portfolio risk analysis and management
  • how to optimize your project portfolio risk analysis and management
  • who should consider moving to a project portfolio framework.

Review Webinar Recording

Planning like Goldilocks: how to ensure your cost contingencies are just right

Nov 14, 2018

One of the most common complaints of modern project management is the failure of managers to estimate project costs consistently and accurately. They often either intentionally or unintentionally underestimate cost due to cognitive and motivational biases. Contingencies are spent at the beginning of the projects and projects are completed over budget.

At the same time some organizations place premium on ensuring projects do not exceed their budget. As a results contingencies and margins become bloated and the projects become less efficient and competitive. Finding the balance between these opposing influences requires creating risk adjusted project plans that meet the Goldilocks standard: not too little, not too much, but just right. The solution is project cost and schedule risk analysis.

In this webinar participants will learn:

  • What is risk tolerance and how to measure it?
  • What are the confidence levels?
  • How to use confidence levels to create project plans account for risk tolerance while remaining cost effective?
  • What is the workflow for accurate project cost estimates?

Project Risk Analysis for Oil and Gas Industry

Date: Tue, Sep 11, 2018

Time: 10:00 AM – 11:00 AM MDT

The oil and gas industry is historically  very competitive, high risk and capital intensive. Delays and cost escalation in exploration, development, and production are often the differences between success and failure  and any improvements in reducing the impact of  cost and schedule risk is critical to success.  Project risk management is the most cost effective and easiest to implement method  to improve project performance and reduce cost. In spite of this, effective project risk management has not been fully taken up by the industry. This webinar will an overview of the basic steps of project and portfolio risk management process tailored for the oil and gas industry:

  • Identify project risks and record them in risk register
  • Assign risks and uncertainties to different projects and activities and calculate impact of these risks on project
  • Reduce the impact of project risks and uncertainties
  • Manage and control risks during a course of projects

This webinar will use real examples and show how oil and gas companies can apply these risk management processes to control capital and operational costs.

Project Risk Analysis and Risk Management: The Case Studies

Date: Tue, Jul 10, 2018

Time: 10:00 AM – 11:00 AM MDT

RiskyProject is a suite of project risk analysis and management software that provide a range of capabilities to organizations around the world. In this you webinar, we will present several case studies that show how the different versions of RiskyProject have been utilized by our customers to improve their project performance. This webinar will present the following case studies:

  • How  RiskyProject Lite is used as an easy to use integrated solution with Microsoft Project to support the management of a large aerospace company
  • How RiskyProject Professional has been used to analyze and manage cost and schedule risk for by a utility company as part of their process improvement plan
  • How RiskyProject Enterprise has been used as part of an integrated program management process that has been adopted by US Federal Agency.

Avoiding slippage: techniques for creating a risk adjusted schedule

DateTue, May 15, 2018
Time: 10:00 AM – 11:00 AM MST

All projects are subject to risks and uncertainties that if not accounted for and managed properly results in late deliveries and cost overruns. Creating risk adjusted project plans protects key objectives from the impact of risks and uncertainties. This webinar will provide you a basis framework that will allow you to:

  • Understand the two different sources of project risk and how they can be managed
  • Generate, visualize, and interpret risk adjusted project schedules
  • Create project plans with schedule margin and cost contingency that accounts for the level of project risk.

Project Risk Management and Analysis: Visualization and Reporting

DateTue, March 6, 2018
Time: 10:00 AM – 11:00 AM MST

RiskyProject includes a comprehensive project risk management capability. As part of this the project management team needs to communicate the results of their analysis, assessment and ongoing monitoring and control to project stakeholders. In this webinar, users will learn how to use the various built in and ad hoc reports in RiskyProject. This will include:

  • Visualization of Monte Carlo simulation results
  • Risk Registers
  • Risk Matrixes
  • Risk Trends and Risk History
  • Additional ad-hoc reports

Project Risk Analysis: Benefit or Burden?

DateTue, Jan 9, 2018
Time: 10:00 AM – 11:00 AM MST

A critical issue that often arises in discussions with potential clients is whether project risk analysis and management adds enough additional value to make up for the additional cost and effort. As with many processes, the answer depends upon the nature of both your business and projects. In the webinar we will discuss the following topics in regard to project risk analysis and management:

  • What are the general goals of project risk analysis?
  • What are the potential benefits and burdens?
  • When should risk analysis be performed?
  • How should risk analysis be performed to maximize its value?

The webinar will include real life examples where properly performed project risk analysis brought significant benefits.

Introduction to the RiskyProject Risk Register

Date: Tuesday, November 7, 2017
Time: 10:00 AM – 11:00 AM MST (UTC – 7:00)

RiskyProject Enterprise offers a new Risk Register module that simplifies qualitative risk analysis and management. This can be useful in cases where projects do not meet thresholds for qualitative analysis or in cases where detailed cost and schedule estimates are not available at the program or portfolio level.
This webinar will show you how to:

  • Set up the risk register module so it is optimized for qualitative risk analysis
  • Identify and assess risks,
  • Create risk plans
  • Generate reports

Why you should be running Monte Carlo risk analysis

Date:Tuesday, September 5, 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

Introducing RiskyProject 7

Date: Tuesday, July 11, 2017
Time: 10:00 AM – 11:00 AM MDT (UTC- 6:00)

We are very happy to announce the release of RiskyProject version 7. Version 7 includes RiskyProject Professional and Lite, RiskyProject Enterprise and our new module, RiskyProject Risk Register.

This webinar will introduce the new features in RiskyProject 7 including the:

  • Risk Register module
  • New Risk Reports
  • Improved Risk Register
  • Weather Calendars
  • Improved Histograms and Charts
  • and much more.

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.

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