Page 174 - Organizational Project Management

Appendix I—Program and Portfolio Management Process Models

Portfolio Risk Identification
Determining which risks might affect the Portfolio and documenting their
characteristics.

Portfolio Risk Identification

Inputs Tools & Techniques Controls Outputs
.1 Risk Management plan .1 Documentation reviews .1 Management review .1 Portfolio Risks
.2 Portfolio planning outputs .2 Information gathering .2 Portfolio audits .2 Risk Management Triggers
.3 Risk categories techniques .3 Inputs to other processes
.4 Historical information .3 Checklists
.5 Program and Project risks .4 Assumptions analysis

Portfolio Qualitative Risk Analysis
Performing a qualitative analysis of risks and conditions to prioritize their
effects on Portfolio objectives.

Portfolio Qualitative Risk Analysis
Inputs Tools & Techniques Controls Outputs
.1 Risk Management plan .1 Risk Management plan .1 Management review .1 Overall risk ranking for the
.2 Identified risks .2 Risk probability and impact .2 Portfolio audits Portfolio
.3 Portfolio status .3 Probability/Impact risk .2 List of prioritized risks
.4 Portfolio type rating matrix .3 List of risks for additional
.5 Data precision .4 Portfolio assumptions analysis and management
.6 Scales of probability testing .4 Trends in qualitative risk
and impact .5 Data precision ranking analysis results
.7 Assumptions .6 Expert Judgment

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