About The Training
This training course is split in two modules:
MODULE I – Project Risk Management & Compliance
MODULE II – Portfolio Project Management Professional
Each modules is structured and can be taken as a stand-alone training course; however, delegates with will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.
Course Outline
Module 1: Project Risk Management & Compliance
Day One: Risk Management Framework and Planning
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Key Definitions
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The PMBOK® Six Risk Management Processes
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Purpose & Benefits of Risk
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Responsibilities in Project Risk Management
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Integrating Risk Management into the Project Management Process
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Risk Management Planning
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Risk Planning Process
Day Two: Risk Identification Process
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The Effect of Project Macro-Environment on Risk
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The Effect of Project Complexity on Risk
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Risk Identification Techniques
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Managing Risk through Project Estimating
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Managing Risk through Earned Value Management
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Schedule Risk Management – Critical Path Method & PERT
Day Three: Risk Assessment Process
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Qualitative Risk Analysis
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Bow-Tie Risk Analysis Technique
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Probability/Impact Risk Matrix Technique
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Quantitative Risk Analysis
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Monte Carlo Simulation
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Decision Trees and Expected Monetary Value
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Managing Project Risks through Integrity Assurance
Day Four: Risk Response Plan Development
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Risk Prioritisation
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Risk Response Strategy Guidelines
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Response Strategies for Threats & Opportunities
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Response Planning & Analysis
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Alternative Responses
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Contingency & Management Risk Reserves
Day Five: Risk Response Control
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Resource Management
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Risk Control Guidelines
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Risk Control Inputs
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Risk Control Tools & Techniques
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Risk Control Outputs
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Risk Reporting & Documenting
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Course Summation & Work Session Review
Module 2: Portfolio Project Management Professional
Day Six: Introduction to Portfolio and Portfolio Management
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Key Definitions of Portfolio and Portfolio Management
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Portfolio Management Model
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Relationship between the Principles, Cycles, Practices and Relevant Techniques
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Differences between Portfolios, Programmes and Projects
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Differences between Portfolio, Programme and Project Management
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Objectives and Benefits of Portfolio Management
Portfolio Selection & Implementation
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The Need for A Portfolio Approach to Investment
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The Approaches to Implementing Relevant Portfolio Management
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Benefits of Assessing The Impact of Portfolio Management
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Factors Required to Sustain Progress
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Approaches to Assessing Portfolio Management Maturity
Day Seven: Strategic and Organisation Context
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Six Key Functions / Activities that Portfolio Management needs to coordinate with to achieve Strategic Objectives
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Identify How Portfolio Management can
Portfolio Management Governance
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The Principles upon which Effective Portfolio Management is Based
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Governance Alignment
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Strategy Alignment
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Portfolio Office
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Energised Change Culture
Day Eight: Portfolio Definition Cycle
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Terms & Concepts relating to The Portfolio Definition Cycle
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Three-point Estimating and Reference Class Forecasting
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What is involved and The Keys to Success
Portfolio Risk Management
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Portfolio Risk Management Process
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An Enterprise View of Risk & Governance
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Risk Drivers & Metrics
Portfolio Delivery Cycle
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Portfolio Delivery Practices
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Tried and Tested Techniques for Delivery Practice
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What is involved, The Main Elements, and Keys to Success
Day Nine: Roles and Documentation
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Purposes and Responsibilities of The Main Portfolio Management Roles Identified in MoP
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Purposes of the Main Portfolio Management Documentation
Portfolio Risk & Return
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Return Measures
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Risk Characteristics
Applying the Portfolio Definition Cycle
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Apply and Tailor Practices and Techniques of The Portfolio Definition Cycle to A Scenario
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Identify Appropriate Practices and Techniques within The Portfolio Definition Cycle
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Identify, Analyse and Distinguish between Appropriate and Inappropriate Application of Portfolio Definition Practices and Techniques to A Scenario
Day Ten: Portfolio Delivery Cycle Presentation
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Apply and Tailor The Practices, Techniques and Responsibilities of The Portfolio Delivery Cycle to A Scenario
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Identify Appropriate Practices and Techniques within The Portfolio Delivery Cycle
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Identify, Analyse and Distinguish between Appropriate and Inappropriate Application of Portfolio Delivery Practices to A Scenario
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Analyse whether The Approaches Adopted are appropriate, with reasons, in a given scenario
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Analyse whether The Portfolio Documentation is fit for purpose, with reason
