Question
The time frame to assess and address portfolio risk is generally much longer than for an individual project in that portfolio. Proactively assessing the risk
The time frame to assess and address portfolio risk is generally much longer than for an individual project in that portfolio. Proactively assessing the risk of each of the component projects and consolidating that risk into an overall measure of risk exposure for the portfolio is critical. A couple of key components for planning that proactive process include agreement on the metrics/measures that will be used and the frequency of the risk assessment. Do you think following this process will minimize the risk associated with the longer time frame for portfolio development?
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