This training course is split into two modules:

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 Organisation 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
  • Energised 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, Analyse 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, Analyse and Distinguish between Appropriate and Inappropriate Application of Portfolio Delivery Practices to A Scenario
  • Analyse whether The Approaches Adopted are appropriate, with reasons, in a given scenario
  • Analyse whether The Portfolio Documentation is fit for purpose, with reason
Objectives Icon

Certificate

  • On successful completion of this training course, KC Academy Certificate will be awarded to the delegates.