Project Risk Aggregation: A Comprehensive Guide
What you'll learn
- Appreciate the value, and rationale, of project risk aggregation
- Learn the concept of risk aggregation in general, and project risk aggregation in particular
- Understand the practical application of project risk aggregation in project portfolios
- Assimilate the knowledge and skill, through the use of a real life case study, to apply this process in your environment
- Learn how to report project risk aggregation findings
Requirements
- There is no specific experience or skill required prior to taking this training. You will learn everything you need to know
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
Instructor
- 5.0 Instructor Rating
- 25 Reviews
- 2,485 Students
- 2 Courses
Founded in 2015, our products have been tested and implemented with positive results in leading global organizations. Our suite of products includes Project Risk Management: Key Concepts for Everyone, Facilitating Project Risk Workshops That Get Results, Project Risk Aggregation, and Customizable Project Risk Management Templates, among others.
Our products and services are delivered mainly via online or virtual platforms. Psygon Services staff members enjoy many years of industry experience in project management, and operations and strategic management in leading global corporations in mining and metals, oil and gas, chemicals, water, management consulting, and, education and training sectors. Quite naturally, this vast experience is an asset to our clients!