Probabilistic planning

Why this training

Any project is subject to risks & uncertainties. When planning a project, it is thus wise to take them into account. A probabilistic approach is doing exactly this. Because of the multitude of Monte Carlo simulation tools on the market, a tool agnostic approach has been chosen for this training.

Learning goals

• Fully understand the ins and outs of probabilistic planning and its quality criteria
• Assume an important role in probabilistic planning (without actively controlling the buttons)
• Learn any tool for probabilistic scheduling & planning very effectively

Sections

• About Probabilistic Planning
• Input and Quality Check
• Creating the Risk Model
• Running a Risk Analysis
• Output & Reporting
• Special Topics

Learning method

Classroom teaching with many interpretation exercises.

Target audience

Project controls engineers that have a very good basis in scheduling and a basic understanding of risk management. An affinity with statistics is highly recommended.