Course Description
The course provides learners with a solid understanding of projects portfolio and risk and how to manage it. It looks at risk from different perspectives and analyses the possibilities for managing it in each situation. It focuses primarily on operational, project, and reputation risk management. Students will also learn to make a clear distinction between strategic and operational Portfolio Management with the inclusion of strategic framework analysis, in-depth discussions regarding the selection of tools, decision methods, reporting metrics, e It also exposes students to identify their specialization areas in Projects Management to become experts in those areas.
Learning Outcome
At the end of the course, students shall be able to:
- Analyze various risk associated to projects implementations
- Examine risk tolerance levels for all forms of projects
- Analyze various techniques to identify, assess, manage & monitor risks
- Streamline portfolio set-up through the use of formal processes integrated within organizational governance
- Analyze the strategic plan and link strategic business portfolios with project portfolios
- maximize the value of Portfolio Management by gaining full awareness of business objectives and applying different techniques
- Define criteria for achieving the organization’s strategy and setting metrics for measuring value and periodic progress
- Master portfolio management reporting
- Understand how to manage resourcing demand
Course Content
- Risk mitigation matrix and options
- Risk management principles
- The role of Procurement and Supply Chain strategy
- Evaluation and prioritisation of risks
- Developing a risk management culture
- Contingency and risk management planning
- Program and Portfolio Concepts
- Program Management Life Cycle
- Program infrastructure development
- Portfolio Management Overview
- Key stakeholders in portfolio management
- Portfolio Component Selection
- Balancing the Portfolio
- Monitoring and Controlling the Portfolio
Required Reading Materials
- Sanchez, H., Robert, B., & Pellerin, R. (2008). A project portfolio risk-opportunity identification framework. Project Management Journal, 39(3), 97–109. doi: http://dx.doi.org/10.1002/pmj.20072
- Singh H. (2014). Mastering Project Human Resource Management: Effectively Organize and Communicate with All Project Stakeholders (FT Press Project Management) 1st Edition
- Facilitator: Theresah Fosu