Project Risk Analysis and Project Risk Management Webinars: 2015 and earlier

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.

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