An Interactive 10-Day Training Course

Project Portfolio & Risk Management

Mastering Risk Identification, Portfolio Decision-Making & Governance Across the Full Project Lifecycle

NASBA PMI Registered Training Courses

Course Introduction

Achieving successful project outcomes and maintaining a high-performing project portfolio depend on two essential capabilities — the ability to identify, evaluate, and manage risk effectively, and the ability to make strategic portfolio investment decisions that support organisational objectives. These two disciplines are closely interconnected in practice. Ineffective risk management can negatively impact portfolio performance, while poor portfolio governance can increase risk exposure across an organisation’s entire portfolio of initiatives. Organisations that successfully combine these disciplines within a unified management framework consistently improve project performance, enhance return on investment, and support long-term organisational transformation.

This 10-day Project Portfolio & Risk Management Training Course provides participants with this integrated expertise. Built around internationally recognised project management and portfolio governance standards, the training course equips professionals with practical tools, analytical techniques, and governance frameworks to manage risk throughout the project lifecycle while effectively selecting, governing, and delivering strategically aligned portfolios.

Participants will progress from risk planning and identification through quantitative analysis and response management before advancing into portfolio governance principles, investment decision-making, delivery cycles, and portfolio control practices. The result is a complete and practical professional capability covering both project risk and portfolio management disciplines.

This training course will highlight:

  • A systematic approach to project risk management, covering planning, identification, qualitative and quantitative analysis, response planning, and risk control
  • Established risk identification and assessment methods including Bow-Tie analysis, Monte Carlo simulation, probability/impact matrices, and decision tree techniques
  • The governance structures, principles, and lifecycle practices that support successful portfolio management and distinguish it from programme and project management
  • How to establish, implement, and maintain a portfolio management framework that balances organisational change initiatives with operational performance
  • Portfolio risk and return evaluation, investment prioritisation methods, and the application of portfolio definition and delivery practices in practical business environments
  • Roles, documentation requirements, and decision-making practices that strengthen portfolio oversight and enterprise-wide risk management

Modules

This training course is split into the following modules:

Module I - Project Risk Management & Compliance

Module II - Portfolio Project Management Professional

Objectives

By the end of this Project Portfolio & Risk Management Training Course, participants will be able to:

  • Identify, analyse, prioritise, and evaluate project risks accurately using both qualitative and quantitative approaches across multiple industries and project environments
  • Develop and implement effective risk response strategies that address both threats and opportunities within project constraints
  • Differentiate between portfolio, programme, and project management while applying the correct governance principles to each area
  • Design and customise a portfolio management framework, including delivery and definition cycles, to suit varying organisational requirements and strategic goals
  • Assess portfolio risk and return profiles while applying effective investment prioritisation and selection techniques
  • Evaluate portfolio management effectiveness, identify sustainability factors, and measure organisational portfolio management maturity

Training Methodology

This training course follows a structured and competency-focused learning approach that combines theoretical understanding with practical application. Facilitated workshops, practical risk analysis exercises, portfolio simulations, and collaborative case study discussions are integrated throughout the training course.
Participants will work with real-world project and portfolio examples, applying analytical methods and decision-making frameworks to realistic business situations. The first half of the training course focuses on building strong project risk management capabilities, while the second half develops portfolio management expertise, ensuring both disciplines complement one another effectively.

Organisational Impact

Organisations whose employees attend this training course will benefit from:

  • Improved project performance through stronger and more proactive risk management practices
  • Better alignment between strategic objectives and project investment decisions through structured portfolio governance
  • Reduced exposure to project delays, budget overruns, and project failure through effective risk response and control measures
  • A more capable and aligned project management culture supported by shared portfolio and risk management standards, tools, and terminology
  • Enhanced enterprise risk management capability through integrated project-level and portfolio-level governance practices

More informed and evidence-based investment decisions that improve organisational performance and project value delivery

Personal Impact

Upon completing this Project Portfolio & Risk Management Training Course, participants will have developed:

  • Practical expertise in applying project risk management techniques from identification and assessment through to response planning and control
  • Greater analytical confidence in distinguishing between actual and perceived risks while balancing opportunities and threats in complex projects
  • Comprehensive knowledge of portfolio governance structures, management principles, and delivery cycle practices suitable for different organisational environments
  • The ability to contribute effectively to portfolio investment decisions, business case development, and portfolio performance evaluation
  • Enhanced professional credibility when engaging with sponsors, portfolio boards, executive leadership teams, and governance stakeholders

Strong professional connections with project risk and portfolio management specialists from a wide range of industries

Who Should Attend?

This Project Portfolio & Risk Management Training Course is intended for professionals involved in project delivery, project risk management, portfolio governance, or strategic investment oversight within organisations. It is equally valuable for operational project professionals seeking advanced risk management expertise and senior leaders responsible for portfolio investment decisions.

This training course is suitable for a wide range of professionals but will greatly benefit:

  • Project managers, programme directors, and project engineers responsible for project delivery and risk management
  • Portfolio managers, PMO leaders, and business change managers overseeing strategic investment portfolios and governance frameworks
  • Risk managers, quality assurance specialists, and compliance professionals responsible for risk management systems and controls
  • Senior responsible owners, directors of change, and board members involved in investment decision-making and benefits realisation
  • Business case developers, project consultants, and advisors working within project and portfolio management environments
  • Contract managers, technical professionals, and discipline engineers impacted by project risk and portfolio decisions

Course Outline

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
  • 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
  • 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 Process
  • An Enterprise View of Risk & Governance
  • Risk Drivers & Metrics
Day 9

Roles and Documentation

  • Purposes and Responsibilities of The Main Portfolio Management Roles Identified in MoP
  • Purposes of the Main Portfolio Management Documentation
  • Return Measures
  • Risk Characteristics
  • 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

Certificate

On successful completion of this training course, Oxford Management Centre Certificate with eligible Continuing Professional Education credits (CPE) from National Registry of CPE Sponsor and Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI®), will be awarded to the delegates

Accreditation

NASBA
PMI Registered Training Courses

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Project Portfolio & Risk Management
Duration
10 Days
Format
Classroom
Language
English
Certificate
Yes
Choose the date and location that suits you:
Classroom Sessions
Dubai
13 - 24 Jul 2026
Fee: $ 11,900
Book your place
London
16 - 27 Nov 2026
Fee: $ 11,900
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Dubai
25 Jan - 05 Feb 2027
Fee: $ 11,900
Book your place
Dubai
12 - 23 Jul 2027
Fee: $ 11,900
Book your place
London
15 - 26 Nov 2027
Fee: $ 11,900
Book your place
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FREQUENTLY ASKED QUESTIONS

Yes, we provide assistance in securing both hotel reservations & entry visa on all our international training venues, for delegates attending our training courses. For further information / assistance, please contact our Customer Service at:

Yes, Oxford Management Centre is accredited by the following professional bodies;

National Association of State Board of Accountancy (NASBA)
The Oxford Management Centre is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit.

Yes, discounts are available. For further information please call +971 50 985 0174 or email, info@oxford-management.com

Note: Discounts are not applicable with any other special offer that may be available.

All course bookings made through Oxford Management Centre are non-refundable. By registering for a course, you acknowledge and accept that fees are payable in full and are not subject to refund under any circumstances, including but not limited to participant dissatisfaction, changes in personal or professional circumstances, or partial attendance.

Oxford Management Centre reserves the right to make reasonable adjustments to course content, trainers, or schedules where necessary, without entitling delegates to a refund. Full details of each course – including objectives, target audience, and content – are clearly outlined prior to enrolment, and it is the responsibility of the delegate to ensure suitability before booking.

There are 2 easy ways to register:

  • Online: Select the training course you want to register for, Click the “Book Your Place” button on the course page, complete the form and click submit.
  • E-mail: Send your details to info@oxford-management.com

We request that all cancellations be made at least one week before the class start date. You may reschedule this class without any penalty. If not, a $250 fee will be charged for cancellations received less than one week before a class begins and for no-shows. Cancellation penalties and any fees incurred by Oxford Management Centre will be deducted from refunds.

For more information request, email info@oxford-management.com or call +971 50 985 0174.

The classroom training fees include course presentation, relevant materials, physical & digital documentation, lunch and refreshments served during entire training. Accommodation and transportation are not included in the training course fees.

While, online training fees cover the course presentation and digital documentation and relevant materials.

The Oxford Management Centre Certificate of Completion with corresponding CPE credits shall be awarded to delegates who has successfully completed the training course.

Payment must be received before the training course commences. You can make payment by bank draft, cash, credit card or wire transfer.

Note: If the payment is not received, Oxford Management Centre has the right to refuse admission.

Upon receipt of your registration form, we will send you the following by e-mail:

  • Registration Confirmation
  • Invoice/Receipt (where appropriate)

If you register online you will receive an e-mail within 24 hours confirming your registration.

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