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Course Description
Due to many risks and uncertainties associated with assumptions within any schedule, the objective of the Schedule Risk Analysis (SRA) is not only to develop a range of possible completion dates that reflect the project schedule, but more importantly to help the project team to discuss, validate, better understand, modify and communicate the project schedule.
Combined with good practice planning and scheduling practices, the Schedule Risk Analysis (SRA) process will increase the likelihood of project success by ensuring a more realistic and achievable schedule network that clearly identifies the scope of works and its key milestones with the most suitable delivery strategy is generated and communicated.
For most students, the approximate duration of this Course is between 5.5 hours to 7.5 hours, including additional homework and/or independent study/research beyond the course materials. To fully support your learning in this subject, our complimentary offer of 30 days “Ask, All You Can” commencement is the date upon which you completes the course.
Key concepts covered include:
- Planning versus Scheduling
- Good Practice of Scheduling
- Scheduling and Project Risk Management
- Schedule Contingency Determination
- Schedule Risk Analysis (SRA)
- Contingency Guideline, 2nd Edition, Risk Engineering Society (RES)
- Practice Standard for Scheduling, PMI
- Time Management in Complex Projects, CIOB
- Practice Standard for Work Breakdown Structure (WBS), PMI
- Schedule Assessment Guide, Best Practices for Project Schedules, US Government Accountability Office (GAO)
