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Safran Risk Certified Training - Americas

Become a certified Safran Risk Practitioner!

These web courses have been designed for anyone who needs to perform quantitative cost and/or schedule risk analysis on their project, and how to confidently interpret - and challenge - the resulting outputs. 

Note that these courses are held to accomodate the American  time zones. Please find our courses timed for the European and Middle Eastern time zones here.

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Book Your Training

Safran Risk Fundamentals


 
 
 
 
Practicalities

Available dates:

July 22nd-24th

 

Time: 10.00-14.00 CST / 11.00-15.00 New York / 08.00-12.00 Los Angeles / 12.00-16.00 Buenos Aires

Place: Online

Price: 995 USD

 

Prerequisites: 
Attendees will require their own computer, with a trial/full version of Safran Risk installed. Reliable internet connection and ideally two monitors (one to visualise the presentation and one for the models to follow along the exercise).

Familiarity with risk management techniques, and the fundamentals of Monte Carlo simulation. No advanced preparation required. 

 

 

What will you learn?

Objective: Understanding the fundamentals of quantitative risk analysis (QRA) and how to apply these principles within Safran Risk

 

Content:

Introduction to quantitative risk analysis (QRA).

Working with Safran Risk’s file structure, database, and user interface.

How to import, and assure, P6 files within Safran Risks
“Good” and “bad” models: understanding the role & value of the Schedule Warnings tab.

Customising views using layouts.

Building filters and how to apply them to a schedule.

Adding statistics to a schedule and customising Gantt charts.

Navigating the Project Risk tab.

Risk types within Safran – ‘Standard Risk” and “Estimating Uncertainty”.

Modelling risk impacts independently vs dependently.

Mapping uncertainties and risks to a schedule & exploring the Risk Mapping tab’s “real-time analyzer” capabilities.

Series vs parallel risks.

Building or importing a cost breakdown structure (CBS) using Safran’s Cost module.
How to model fixed vs variable costs, and the linking of costs to activities from a work breakdown structure (WBS).

Analyze tab settings: risk selector, simulation settings, focus activities/costs, and the report generator module.
Interpreting the Distribution Graph results: histograms, S-Curves, percentiles & other statistics, target values, and contingency curtains.

Tornado charts: understanding differences between Drivers and Sensitivity Analysis.
Scenario analysis & using Distribution Comparison graphs.

Brief overview of Global Risks, Risk Calendars, Correlation, Scatter Plots, JCLs, PCFs, and the Critical Path Map tabs.


Optional examination: Safran Risk Fundamentals Practitioner.


Certification

Attendees will be certified as a Safran Risk Fundamentals Practitioner, subject to the passing of the multiple-choice examination at the close of the course with a >75% score.

 

Safran Risk - Fundamentals Practitioner - Certification
Delivered By Experts – The Ferryfield Group (Accredited Safran Training Partner)

The course is delivered by The Ferryfield Group, whose highly skilled consultants, bring many years of experience, expertise, and knowledge in the areas of quantitative project risk analysis (cost risk/schedule, risk/uncertainty, analysis/risk & mitigation registers), finance, statistics, and business forecasting. Ferryfield consultants have worked across many different industries and geographies, providing thought leadership and modelling expertise to some of the world's largest companies.

Heard About the Course

Safran Testimonial - Eric Ho
Chris Westland - AkerBP - Cut Out

Heard About the Course

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"I use Safran Risk on complex megaprojects and have found that it is the most capable quantitative schedule risk assessment software on the market.

Safran Risk is a very powerful risk analysis tool, including features that advanced users will appreciate, while still being easy to pick up and use"

Eric Ho, Director of Risk Management VMS (Value Management Strategies)

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"The Safran Risk software is proving very intuitive and easy-to-use and is a key factor in working towards an improved risk management process.

Safran is very open to direct engagement between their core team and Aker BP staff. They are very supportive and always available for direct contact and support allowing us to obtain fast direct support, and also influence the development of the functionality over time."

Chris Westland, Enterprise Planning & Optimisation Manager - Aker BP