This training course is split in two modules:
MODULE I - Project Risk Management & Compliance
MODULE II - Portfolio Project Management Professional
Each modules is structured and can be taken as a stand-alone training course; however, delegates with will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.
Module 1: Project Risk Management & Compliance
Day One: Risk Management Framework and Planning
- 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
Day Two: Risk Identification 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
Day Three: Risk Assessment Process
- 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
Day Four: Risk Response Plan Development
- Risk Prioritisation
- Risk Response Strategy Guidelines
- Response Strategies for Threats & Opportunities
- Response Planning & Analysis
- Alternative Responses
- Risk Response Validation
- Contingency & Management Risk Reserves
Day Five: Risk Response Control
- Resource Management
- Risk Control Guidelines
- Risk Control Inputs
- Risk Control Tools & Techniques
- Risk Control Outputs
- Risk Reporting & Documenting
- Course Summation & Work Session Review
Module 2: Portfolio Project Management Professional
Day Six: Introduction to Portfolio and Portfolio Management
- 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
Day Seven: Strategic and Organisation Context
- 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
Day Eight: Portfolio Definition Cycle
- 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
Day Nine: Roles and Documentation
- 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
Day Ten: Portfolio Delivery Cycle Presentation
- 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
