Safran Risk Fundamentals Practitioner May 2025

Safran Risk Fundamentals Practitioner

Dates: May 20th - May 22nd, 3 x 4-hour sessions

11.00-15.00 UK time / 14.00-18.00 CET / 15.00-19.00 CAT / 17.00-21.00 GST

Course 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

• 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.