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052815 Rufran's Primavera Risk Analysis Tips & Tricks 01-13

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Another section was added recently showing an easier alternative to capturing the three point ranges through simple OPRA copy-pasting.

Quickly changing distribution profile from one distribution to another was also demonstrated. I'm sure some of those who use the tool will be happy to learn this simple method.

This short write up will attempt to present the secret key to the proper use of the tool and prevent loss of data quality, hence, an accurate risk assessment!

If you want to know more about risk-based management, grab a copy of my book "Risk-based Management in the World of Threats and Opportunities: A Project Controls Perspective." It's available in Amazon.com and locally (Calgary) in Indigo-Signal Hill and Chinook-Chapters Book Store.

Many risk professionals have experienced much difficulties using PertMaster (now known as OPRA) in processing their sample deterministic schedule for quantification and analysis.

The persistent issues reportedly being encountered, especially by new would be risk analyst and risk manager is the discrepancy of OPRA schedule and the original multicalendar Primavera schedule after import.

If the flawed translation is not properly addressed, reference and original deterministic dates of affected activities will stay misaligned, producing erroneous results.

Another section was added recently showing an easier alternative to capturing the three point ranges through simple OPRA copy-pasting. Quickly changing distribution profile from Triangle to Trigen was also demonstrated. I'm sure some of those who use the tool will be happy to learn this simple methods.

This short write up will attempt to present the secret key to the proper use of the tool and prevent loss of data quality, hence, an accurate risk assessment!

Published in: Business, Technology
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  • Primavera Risk Analysis Tips & Tricks are very useful,I want to down load the same.pl help
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052815 Rufran's Primavera Risk Analysis Tips & Tricks 01-13

  1. 1. Primavera Risk Analysis Tips & Tricks 01-13 Objectives: To demonstrate one of the correct methods of importing or converting Primavera project files to Oracle Primavera Risk Analysis (OPRA). To teach the new Risk Analyst how to align the OPRA schedule to the original P6 schedule and ensure an accurate Schedule Quantitative Risk Assessment. To save time and optimize effort. ABSTRACT Many risk professionals have experienced much difficulties using PertMaster (now known as OPRA) in processing their sample deterministic schedule for quantification and analysis. The persistent issues encountered, especially by new would be risk analyst is the discrepancy of the risk plan file and the original multi-calendar Primavera schedule after import. If the flawed translation is not properly addressed, reference and original deterministic dates of affected activities will stay misaligned, producing erroneous results. This short write up will attempt to present the secret key to the proper use of the tool and prevent loss of data quality, hence, an accurate risk assessment! REV: 25-May-15
  2. 2. 052815-Rufran's Primavera Risk Analysis Tips Tricks 01-13 Page 1 of 35 Author: Rufran C. Frago, P. Eng., PMP, CCP, PMI-RMP Sorry, the article you are looking was removed. You will find a more detailed discussion about the subject and many other related topics in the paperback edition of the book "Risk-based Management in the World of Threats and Opportunities: A Project Controls Perspective." It is also available in Amazon’s Kindle edition. Please follow the hyperlink below or copy and paste the URL on your browser to check. You can now grab a copy. Check it out! • http://www.amazon.com/RUFRAN-C.-FRAGO-PMI- RMP/e/B01055MPYI • http://www.amazon.com/dp/B0104OFUDI/ref=rdr_kindle_ ext_tmb • https://www.linkedin.com/pulse/risk-based-management- world-threats-opportunities-rufran?trk=prof-post Cheers, Rufran C. Frago Author Sorry, the article you were looking for was removed.
  3. 3. 052815-Rufran's Primavera Risk Analysis Tips Tricks 01-13 Page 2 of 35 Author: Rufran C. Frago, P. Eng., PMP, CCP, PMI-RMP TABLE OF CONTENTS 1. SITUATION/PROBLEM ............................................................................................................................................4 2. RELATED ELATED TOOLS......................................................................................................................................4 3. DEFINITION..................................................................................................................................................................4 4. PROBLEM ANALYSIS (PA)......................................................................................................................................5 5. EXPLANATION/SOLUTION .................................................................................................................................11 6. REFERENCES ............................................................................................................................................................32 7. INDEX...........................................................................................................................................................................33
  4. 4. 052815-Rufran's Primavera Risk Analysis Tips Tricks 01-13 Page 3 of 35 Author: Rufran C. Frago, P. Eng., PMP, CCP, PMI-RMP TABLE OF FIGURES Figure 1 - Project A Activity View.....................................................................................................6 Figure 2 – Project A Activity View showing Durations & Duration Ranges.....................7 Figure 3 – OPRA Import Settings Window....................................................................................8 Figure 4 – OPRA Import Log Dialogue Box...................................................................................8 Figure 5 – OPRA Import Warning Log (Notepad text) .............................................................9 Figure 6 – Result of Import Check.................................................................................................10 Figure 7 – OPRA Activity View showing the Translated Min, ML & Max Duration ....10 Figure 8 – Project A Showing the Translated Min, ML, & Max Duration in Hours......12 Figure 9 – OPRA Import SettingGeneral Tab Using Hour as the Planning Unit ........13 Figure 10 – OPRA Import SettingTasks Tab-Using Hour as the unit of Entry ...........14 Figure 11 – OPRA Import Warning Report Log........................................................................15 Figure 12 – Check/Correct Proper date Setting.......................................................................16 Figure 13 – Project-A Import Check of a correctly imported schedule ..........................17 Figure 14 – Risk Analysis Dialogue Box......................................................................................18 Figure 15 – OPRA Risk Analysis Options-Risk Data Tab Dialogue Box...........................18 Figure 16 – OPRA Risk OptionsAnalysis Tab Dialogue Bo.................................................19 Figure 17 – OPRA Risk Analysis Options-Warnings Tab Dialogue Box ..........................20 Figure 18 – Example of Risk Errors and Warnings.................................................................21 Figure 19 – Example of Risk Errors and Warnings.................................................................21 Figure 20 – Example of Risk Errors and Warnings.................................................................22 Figure 21 – Calculation Status Box................................................................................................22 Figure 22 – Cross-check OPRA Ranges to Confirm Translation is Correct....................23 Figure 23 – Planning Unit Window...............................................................................................23 Figure 24 – Example Distribution Chart.....................................................................................24 Figure 25 – Example Distribution Chart.....................................................................................25 Figure 26 – Example Distribution Chart.....................................................................................26 Figure 27 – Example Distribution Analyzer ..............................................................................27 Figure 27 – Plan Options-Time Tab Dialogue Box ..................................................................28 Figure 29 – Schedule OptionsScheduling Tab (OPRA)........................................................30 Figure 30 – Schedule OptionGeneral (P6) ...............................................................................31

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