Project Risk Aggregation: A Comprehensive Guide

Project Risk Aggregation: A Comprehensive Guide, Risk Aggregation, Project Risk Aggregation, Risk Prevalence, Risk Concentration.

Course 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.

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