Project Portfolio & Risk Management

• Key Definitions
• The PMBOK® Six Risk Management Processes
• Purpose & Benefits of Risk
• Responsibilities in Project Risk Management
• Integrating Risk Management into the Project Management Process
• Risk Management Planning
• Risk Planning Process

• The Effect of Project Macro-Environment on Risk
• The Effect of Project Complexity on Risk
• Risk Identification Techniques
• Managing Risk through Project Estimating
• Managing Risk through Earned Value Management
• Schedule Risk Management – Critical Path Method & PERT

• Qualitative Risk Analysis
• Bow-Tie Risk Analysis Technique
• Probability/Impact Risk Matrix Technique
• Quantitative Risk Analysis
• Monte Carlo Simulation
• Decision Trees and Expected Monetary Value
• Managing Project Risks through Integrity Assurance

• Risk Prioritisation
• Risk Response Strategy Guidelines
• Response Strategies for Threats & Opportunities
• Response Planning & Analysis
• Alternative Responses
• Risk Response Validation
• Contingency & Management Risk Reserves

• Resource Management
• Risk Control Guidelines
• Risk Control Inputs
• Risk Control Tools & Techniques
• Risk Control Outputs
• Risk Reporting & Documenting
• Course Summation & Work Session Review

• Key Definitions of Portfolio and Portfolio Management
• Portfolio Management Model
• Relationship between the Principles, Cycles, Practices and Relevant Techniques
• Differences between Portfolios, Programmes and Projects
• Differences between Portfolio, Programme and Project Management
• How Local Context can affect MoP Principles & Practices - How to adopt cost effective approaches?
• Objectives and Benefits of Portfolio Management

Portfolio Selection & Implementation 

• The Need for A Portfolio Approach to Investment
• The Approaches to Implementing Relevant Portfolio Management
• Benefits of Assessing The Impact of Portfolio Management
• Factors Required to Sustain Progress
• Approaches to Assessing Portfolio Management Maturity

• Six Key Functions / Activities that Portfolio Management needs to coordinate with to achieve Strategic Objectives
• Identify How Portfolio Management can:
  • Coordinate with all other stratagems to deliver strategic objectives
  • Support effective corporate governance

Portfolio Management Governance

• The Principles upon which Effective Portfolio Management is Based
• Senior Management Commitment
• Governance Alignment
• Strategy Alignment
• Portfolio Office
• Energised Change Culture

• Terms & Concepts relating to The Portfolio Definition Cycle
• Three-point Estimating and Reference Class Forecasting
• What is involved and The Keys to Success

Portfolio Risk Management

• Portfolio Risk Management Process
• An Enterprise View of Risk & Governance
• Risk Drivers & Metrics

Portfolio Delivery Cycle 

• Portfolio Delivery Practices
• Tried and Tested Techniques for Delivery Practice
• What is involved, The Main Elements, and Keys to Success

• Purposes and Responsibilities of The Main Portfolio Management Roles Identified in MoP
• Purposes of the Main Portfolio Management Documentation

Portfolio Risk & Return 

• Return Measures
• Risk Characteristics

Applying the Portfolio Definition Cycle 

• Apply and Tailor Practices and Techniques of The Portfolio Definition Cycle to A Scenario
• Identify Appropriate Practices and Techniques within The Portfolio Definition Cycle
• Identify, Analyse and Distinguish between Appropriate and Inappropriate Application of Portfolio Definition Practices and Techniques to A Scenario

• Apply and Tailor The Practices, Techniques and Responsibilities of The Portfolio Delivery Cycle to A Scenario
• Identify Appropriate Practices and Techniques within The Portfolio Delivery Cycle
• Identify, Analyse and Distinguish between Appropriate and Inappropriate Application of Portfolio Delivery Practices to A Scenario
• Analyse whether The Approaches Adopted are appropriate, with reasons, in a given scenario
• Analyse whether The Portfolio Documentation is fit for purpose, with reason