Portfolio Risk Management: How to develop it?

0 votes

Hello everyone! I'm defining a Portfolio Risk Management in my Company, but I'm new at the topic and I have some doubts. Anyone has done it before and can help me?

Aug 5 in PMP by anonymous
• 2,580 points

recategorized Sep 3 by anonymous 37 views

1 answer to this question.

0 votes

A portfolio is not about projects at least you are talking about project portfolio. That´s is critical to understand because the portfolio exceeds project and programs and project portfolios. So, creating risks for company portfolios is an activity that must be than with enough level of abstraction to instantiate it into project portfolio risks.

You can derive many metrics for your portfolio depending on your need. For example:

(1) Number of risky projects - a simple measure
(2) Number of cross-project risks - those risks that are capable of causing risks in other projects
(3) Depth of related risks tree - if you have (2), then you can estimate how deep a risk trigger could go

I understand that some project risks could also be portfolio-level risks. But, the PM has to ensure the success of each project. Therefore, I don't think that there is a way out of risk assessment for each project within the portfolio.

answered Aug 5 by David Samon

Related Questions In PMP

0 votes
1 answer
0 votes
1 answer

Quality and Project Management

I would say both and more, I should ...READ MORE

answered Aug 4 in PMP by Gitika
• 37,330 points
40 views
0 votes
1 answer

Looking ahead at Program and Project Management

As a profession, project management is required ...READ MORE

answered Aug 4 in PMP by Raina Neman
31 views