A Portfolio View of Risk

Within the Product Risk Framework, there are various data visualization tools.  One of the data visualization views includes a portfolio view.  It enables the management and project team to evaluate the amount of risk across projects, which is a critical element of product development portfolio management.

Using the project risk profile, the team can compare the relative risk of projects in a portfolio (Figure 1), and the composition of risks in a portfolio (Figure 2).

Product risk across the portfolio:

portfolio risk profile

Figure 1: Relative Risks of Projects in a Portfolio

Composition of risks by project can also be useful when you want a more granular view of where the risks reside with a particular project.

decomposition of portfolio risk

Figure 2: Composition of Risks within a Portfolio

The unique value proposition of the Product Risk Framework is to help companies prevent product failure and confidently pursue riskier higher-return projects.