Name: Project Portfolio & Risk Management Training Course
Rating: 4.7 (1076 reviews)

Scheduled Dates

Classroom

13 - 24 Jul 2026

Dubai - UAE

$11,900

16 - 27 Nov 2026

London - UK

$11,900

25 Jan - 05 Feb 2027

Dubai - UAE

$11,900

12 - 23 Jul 2027

Dubai - UAE

$11,900

15 - 26 Nov 2027

London - UK

$11,900

This training course is split into two modules:

Module I - Project Risk Management & Compliance
Module II - Portfolio Project Management Professional

Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Modules I, and II back-to-back as a 2-week training course.

Daily Agenda

Module I: Project Risk Management & Compliance

Day 1: 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 2: 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 3: 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 4: 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 5: 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 II: Portfolio Project Management Professional

Day 6: 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 7: Strategic and Organization 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
Energized change culture

Day 8: 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 9: 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, analyze and distinguish between appropriate and inappropriate application of portfolio definition practices and techniques to a scenario

Day 10: 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, analyze and distinguish between appropriate and inappropriate application of portfolio delivery practices to a scenario
Analyze whether the approaches adopted are appropriate, with reasons, in a given scenario
Analyze whether the portfolio documentation is fit for purpose, with reason

Certificate

On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
On successful completion of this PetroKnowledge training course, Certificate with eligible Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI®), will be awarded to the delegates

Accreditation

In Association With

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Related Categories

Project Management Risk Management

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CERTIFICATES

A PMI Registered Training Course

Project Portfolio & Risk Management