The document presents an analysis of risk-resilient project portfolios by Intaver Institute Inc., focusing on multiple projects, their associated risks, and alternative scenarios. It includes tools for risk assessment such as corporate risk registers and Monte Carlo simulations to optimize project scheduling and cost management. The content emphasizes project prioritization based on risk metrics and decision-making strategies for effective project management.

1. Intaver Institute Inc.
Analysis of Risk Resilient Project
Portfolios
Presented at
Society of Risk Analysis World Congress on Risk
Cape Town, May 2019

2. Intaver Institute Inc.
Example of Project Portfolio
Portfolio:
Climb Mt. Everest
• Includes multiple projects
• Each project has multiple risks and uncertainties
• These are a number of alternative scenarios

3. Intaver Institute Inc.
Corporate Risk Register

4. Intaver Institute Inc.
Corporate Risk Matrix

5. Intaver Institute Inc.
Risks Mitigation and Response

6. Intaver Institute Inc.
Waterfall Diagram

7. Intaver Institute Inc.
Risks on the Different Level

8. Intaver Institute Inc.
Monte Carlo Simulations
Calculate:
-Duration
-Cost
-Start and Finish
Times
-Work
-Resource
Allocation
-…
of individual
tasks, project,
and portfolio

9. Intaver Institute Inc.
Risks Adjusted Project Schedule

10. 19-05-07 Intaver Institute Inc. 10
Cost with and without risks
Actual Cost
Cost without
Risks
Cost with Risks

11. Intaver Institute Inc.
Risks Visibility

12. Intaver Institute Inc.
Project Prioritization Based on Risks

13. Intaver Institute Inc.
Project Prioritization Chart
Risk vs. Duration/Cost bubble chart

14. Intaver Institute Inc.
Project Risk Score

15. Intaver Institute Inc.
Project Control With a Portfolio
“The Fork: Forecast Project
duration or/and cost”
Planned project
performance
Actual project
performance

16. Intaver Institute Inc. 16
Additional Resources
Project Think:
Why Good Managers Make Poor
Project Choices
Project Decisions: The Art and Science
Introduction to Project Risk
Management and Decision Analysis
Project Risk Analysis Made Ridiculously
Simple
A Step by Step Guide to Project Risk
Analysis
Intaver Institute Inc
www.intaver.com
Information about books and
technology
www.projectdecisions.org