P3M with Kailash Upadhyay

How to Build a Risk-Aware Portfolio?


Listen Later

In this podcast episode, I and Gaurav Dhooper

discuss the critical importance of building a risk-aware portfolio that aligns with organizational strategic goals. They explore the integration of risk management into strategy, the key steps to create a risk-aware culture, and share real-world examples and practical tips for effective risk management. The conversation emphasizes the need for stakeholder engagement, data-driven decision-making, and continuous monitoring to ensure successful portfolio
management.

 

Takeaways

• Risk management is essential for achieving strategic goals.

• Strategy and risk management are interconnected.

• Everyone in the organization has a role in managing risk.

• Data-driven decision-making enhances risk management effectiveness.

• Building a risk-aware culture is crucial for success.

• Integrating risk management into governance is necessary.

• Data quality impacts risk management outcomes.

• Understanding risks is vital for strategic planning.

• Engaging stakeholders improves risk management processes.

• Breaking down risks into smaller parts facilitates better management.

 

Chapters

00:00 Introduction to Risk-Aware Portfolio Management

08:02 Building a Risk-Aware Portfolio

31:50 Aligning Risk Management with Strategic Direction

32:24 Understanding Risk Management Components

33:30 Integrating Risk Management with Strategy

35:07 The Role of Governance in Risk Management

40:17 Real-World Examples of Risk Management

46:50 Practical Tips for Effective Risk Management

 

For PMP, PgMP, PfMP, RMP certification training program, visit us at https://www.addonskills.com or WhatsApp at (+91) 787-556-1193.

...more
View all episodesView all episodes
Download on the App Store

P3M with Kailash UpadhyayBy Kailash Upadhyay