Project Portfolio Engineering (OA7202)


Download OA7202 descriptor

OA7202 Aims

  • OA7202-AI: Specify and develop the critical skills to assure reasonable mitigation, coverage or transfer of project risks.
  • OA7202-A2: Specify and develop the critical skills to assure adequate environment for project execution and conclusion.
  • OA7202-A3: Specify and develop the critical skills to define effective communication for project steering.

OA7202 Learning Outcomes

  • OA7202-LO1: Review and analyse tools to organise a project portfolio and related quality system at the strategic level of contractor (senior supplier).
  • OA7202-LO2: Critically evaluate both qualitative and quantitative analysis for a project.
  • OA7202-LO3: Critically review risk management plan.

OA7202 Module Content

  • OA7202-C1: Project portfolio for product assurance
    • Critical review of project performing organisations: professional practices to manage shared resources and knowledge.
    • QMS (Quality Management Systems) for project performing organisations: review of design, organisation and implementation practices.
    • Presentations, labs and preparation of independent study for quality assurance plan.
  • OA7202-C2: Project portfolio to evaluate severity of project execution
    • Professional practices to evaluate likelihood, uncontrollability and gravity of project execution failures.
    • Presentations, labs and preparation of independent Failure Mode & Effect Analysis (FMEA).
  • OA7202-C3: Project portfolio to strengthen project execution
    • Critical analysis of execution failure mitigation.
    • Professional practices to identify causes and provisions to mitigate severity of execution failures.
    • Presentations, labs and preparation of independent FMEA mitigation.
  • OA7202-C4: Project portfolio for risk assessment
    • Professional practices to assess risk in new projects: project experience and formal knowledge.
    • Critical review of risk classification.
    • Presentations, labs and preparation of independent project risk assessment.
  • OA7202-C5: Project portfolio for risk mutualisation
    • Professional practices to estimate risk budget versus contingency budget.
    • Critical analysis of acceptable risks coverage in the project.
    • Presentations, labs and preparation of independent project risk quantitative analysis.
  • OA7202-C6: Project portfolio for project commitment
    • Professional practices to qualify project estimates.
    • Critical review of risks either transferred or mutualised.
    • Delphic estimate to validate orders of magnitude and to identify both risk and success factors.
    • Presentations, labs and preparation of independent project risk transfer analysis.
  • OA7202-C7: Project portfolio for risk management
    • Professional practices to manage time and cost contingencies.
    • Critical analysis of risks mutualised within the project, and within project portfolio.
    • Presentations, labs and preparation of independent project contingencies management plan.
  • OA7202-C8: Organisation for project portfolio
    • Professional practices for project management processes.
    • Critical analysis of project management processes and measurements.
    • Presentations, labs and preparation of independent project management requirements.