An infrastructure firm that has the strategic objective of maximizing the return on its investments may put together a portfolio that includes a mix of projects in oil and gas, power, water, roads, rail, and airports. From this mix, the firm may choose to manage related projects as programs. All of the power projects may be grouped together as a power program. Similarly, all of the water projects may be grouped together as water program. Thus the power program and water program become integral components of the enterprise portfolio of the infrastructure firm. By analyzing the above scenario and keeping in view the organizational leadership effect on project management activities, how the Project Manager can utilize his planning responsibilities which can help in managing and controlling project risks?