Risk Aggregation, Project Risk Aggregation, Risk Prevalence, Risk Concentration
Description
- This training provides participants with the tools and techniques of aggregating individual risks prevalent in a project portfolio to provide an integrated bigger picture perspective of a project portfolio’s risk exposure.
- This training presents a simple and practical project risk aggregation process, employed and tested, in a leading global organization. Students will acquire the knowledge and skill of aggregating individual risks prevalent in a project portfolio, and students will learn how to apply this process provided in this training in their environment.
- Project risks can be diverse beyond cost and time related risks. Given the diversity of project risks, this training presents a flexible process that: (1) is applicable in different project environments, and (2) has been successfully applied in practice.
- The project risk aggregation process provided in this training produces coherent observations derived from two different project risk aggregation methods namely (1) risk prevalence method, and (2) risk concentration method.
- This training includes a real life case study to illustrate these two methods and other key learning points.
- Finally, this training provides a project risk aggregation reporting template. Templates are pre-designed or pre-formatted documents that one creates to use as a guides for a project risk aggregation task or activity. Therefore, the project risk aggregation in this training, is intended to provide consistency, repeatability and efficiency, in project risk aggregation reporting.
Who this course is for:
- Project management practitioners, including but not limited to corporate executives, finance managers, project managers, project engineers, project control managers, risk managers, and procurement managers, and other staff who wish to acquire skills and knowledge in project risk aggregation
