As a Risk Management Professional (RMP), you must be proficient in managing risks at the portfolio level.
How Portfolio Risk Management Differs
Unlike project and program risk management, portfolio risk management involves a more strategic approach. While risks at lower levels are typically mitigated or exploited, portfolio-level risk management may involve embracing certain risks for higher rewards.
At the portfolio level, risks are assessed in the context of:
✅ Organizational strategy
✅ Business model alignment
✅ Environmental factors
This approach ensures portfolio value optimization and a synchronized execution across all portfolio components.
How to Learn Portfolio Risk Management:
📌 Step 1: Read the Key Standards
1️⃣ Chapter 5: Risk Management in the Context of Portfolio Management
📖 The Risk Management in Portfolios, Programs, and Projects: A Practice Guide
2️⃣ Chapter 8: Portfolio Risk Management
📖 The Standard for Portfolio Management (4th Edition)
📌 Step 2: Watch Educational Videos:
📌 Step 3: Test Your Knowledge
- Complete the self-assessment to reinforce your learning and ensure comprehension.
🔥 Mastering Portfolio Risk Management will elevate your ability to align risks with business goals and drive portfolio success! 🚀