Portfolio Risk Management Charter

At the portfolio level, all risk elements should be addressed. Risks not addressed at the portfolio level could be addressed through governance processes at the strategic level. In the final analysis, if a risk becomes an issue, that issue may be handled through the organization’s portfolio, program, and project structure, and not at the strategic governance level. In a nutshell, Portfolio Risk Management Framework involves risk planning, assessment and response.

I found the following diagram very interesting where its clearly summarized all the stages of risk management.

Risk Managment Activities

Reference:

  1. https://www.project-management.pm/portfolio-management/portfolio-risk-management/

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s