Project Portfolio & Risk Management

An Intensive 10-day Training Course

Project Portfolio & Risk Management

Project Portfolio & Risk Management

Scheduled Dates

Classroom

08 - 19 Jul 2024 Dubai - UAE $11,900 RESERVE A SEAT
11 - 22 Nov 2024 London - UK $11,900 RESERVE A SEAT
03 - 14 Feb 2025 Dubai - UAE $11,900 RESERVE A SEAT

Are the scheduled dates matching with your needs?

We provide a wider range of training options. Tailored and customized, we can deliver your organization’s training needs anytime, anywhere.

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Daily Agenda

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 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 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, analyze 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, 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.

In Association With

GLOMACS Training

Our collaboration with GLOMACS aims to provide the best training services and benefits for our valued clients

Oxford Management Centre

Our collaboration with Oxford Management Centre aims to provide the best training services and benefits for our valued clients.

The Energy Training Centre

Our collaboration with The Energy Training Centre aims to provide the best training services and benefits for our valued clients.

Koukash Consultancy

Our collaboration with Koukash Consultancy aims to provide the best training services and benefits for our valued clients.

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Frequently Asked Questions

  • To register online through our website, please click “Enroll Now” on the course page, complete and submit the form. A confirmation e-mail and instructions will be sent to the participant’s e-mail.
  • You may also get in touch with our Registration Team on
    +971 50 981 7386 | +971 2 557 7389 or send an email to reg@petroknowledge.com

  • Payments can be made in USD or UAE local currency AED (Arab Emirates Dirhams) either by Bank Transfer or by Credit Card. Our Bank Account details will be provided on the invoice.
  • Course fees are payable upon booking unless a valid, authorized Purchase Order is provided and accepted.
  • Invoices will be sent via email/courier to the ID/name and address provided.
  • The course fee shall be settled prior to course start date. Corporate payments with existing payment policy shall be relayed to us in advance.

Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.

For corporate fees and group registration, please send your query to info@petroknowledge.com.

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