Defining and Identifying Project Risk (2021 Update)
PMI Project Management Professional 2021 Update
| Everyone
- 13 videos | 54m 29s
- Includes Assessment
- Earns a Badge
- CPE
- PMI PDU
Managing risks means preparing ahead of time for all the things that could happen, good or bad. If you're responsible for project management, it's necessary to identify risks so that you can make a plan to deal with them. Project risk management improves the chance of project success enormously. In this course, you'll explore risk identification, including its attendant threats and opportunities and its probability and impact. You'll learn about establishing a risk threshold and risk tolerance based upon project assumptions and constraints. You'll also learn the value of root cause analysis and SWOT analysis when defining your project's risk appetite.
WHAT YOU WILL LEARN
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Discover the key concepts covered in this course
Define what is meant by project risk
Recognize examples of project risk
Identify three factors about a risk you need to determine in order to reduce uncertainty
Identify the tools and techniques used for planning risk management
Distinguish between the three risk ratings in an ordinal scale
Identify activities that should be part of a document analysis to identify project risks -
Identify guidelines for conducting a brainstorming session to identify project risks
Recognize when interviewing is a good method for gathering risk information
Match types of causes of project risk with examples
Categorize items that would be used to perform a swot analysis
Identify the questions that would be asked during an assumption and constraint analysis
Identify two documents you may gather information from when using checklists to identify risks
IN THIS COURSE
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41sAfter completing this video, you will be able to discover the key concepts covered in this course. FREE ACCESS
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4m 51sAfter completing this video, you will be able to define what is meant by project risk. FREE ACCESS
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3. Examples of Project Risks5mAfter completing this video, you will be able to recognize examples of project risk. FREE ACCESS
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4. Risk and Uncertainty4m 51sAfter completing this video, you will be able to identify three factors about a risk you need to determine in order to reduce uncertainty. FREE ACCESS
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5. Tools and Techniques for Planning Risk Management2m 43sAfter completing this video, you will be able to identify the tools and techniques used for planning risk management. FREE ACCESS
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6. Risk Probability and Impact5m 15sAfter completing this video, you will be able to distinguish between the three risk ratings in an ordinal scale. FREE ACCESS
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7. Document Analysis and Risk Identification4m 28sAfter completing this video, you will be able to identify activities that should be part of a document analysis to identify project risks. FREE ACCESS
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8. Data Gathering and Brainstorming5m 2sAfter completing this video, you will be able to identify guidelines for conducting a brainstorming session to identify project risks. FREE ACCESS
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9. Interviews and Risk Identification3m 33sAfter completing this video, you will be able to recognize when interviewing is a good method for gathering risk information. FREE ACCESS
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10. Risk Identification Using Root Cause Analysis3m 40sAfter completing this video, you will be able to match types of causes of project risk with examples. FREE ACCESS
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11. SWOT Analysis as a Risk Identification Tool4m 28sAfter completing this video, you will be able to categorize items that would be used to perform a SWOT analysis. FREE ACCESS
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12. Assumption and Constraint Analysis6m 3sAfter completing this video, you will be able to identify the questions that would be asked during an assumption and constraint analysis. FREE ACCESS
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13. Checklists and Risk Identification3m 54sAfter completing this video, you will be able to identify two documents you may gather information from when using checklists to identify risks. FREE ACCESS
EARN A DIGITAL BADGE WHEN YOU COMPLETE THIS COURSE
Skillsoft is providing you the opportunity to earn a digital badge upon successful completion on some of our courses, which can be shared on any social network or business platform.
Digital badges are yours to keep, forever.
