hi, good explanation 👍🏻. I have some questions - how can we define portfolio - level risk (when we have programs and projects)? - how to calculate the aggregation from value risk from project to program and become a total risk value in portfolio? - is it true of bottom up concept to define portfolio level risk or top down? thank you
Good questions. Part of the portfolio risk management process is to define the types of portfolio risks you want to watch for. Essentially, portfolio level risks are risks that negatively impact strategic accomplishments. These tend to be risks that impact multiple projects and programs in the portfolio. These risks are bigger than any single project likely will manage. Calculating a portfolio risk score is dependent on having a scoring model in place as well as tracking project and program budgets. By linking the project/program risk score with their weighted budgetary contribution to the portfolio, we can calculate an aggregate portfolio risk score. You can schedule a free session to discuss further by clicking on this link: calendly.com/acuityppm/15min
I was looking for Financial risk management but this video was helpful.👍
good explanation 👍🏻 thank you
Glad it was helpful!
Good super excellent condition 😘🙂 keep it up
Good super excellent condition 😘☺️ keep it up
Thank you for the feedback!
hi, good explanation 👍🏻. I have some questions
- how can we define portfolio - level risk (when we have programs and projects)?
- how to calculate the aggregation from value risk from project to program and become a total risk value in portfolio?
- is it true of bottom up concept to define portfolio level risk or top down?
thank you
Good questions. Part of the portfolio risk management process is to define the types of portfolio risks you want to watch for. Essentially, portfolio level risks are risks that negatively impact strategic accomplishments. These tend to be risks that impact multiple projects and programs in the portfolio. These risks are bigger than any single project likely will manage.
Calculating a portfolio risk score is dependent on having a scoring model in place as well as tracking project and program budgets. By linking the project/program risk score with their weighted budgetary contribution to the portfolio, we can calculate an aggregate portfolio risk score.
You can schedule a free session to discuss further by clicking on this link: calendly.com/acuityppm/15min
yes!