Performing Risk Analysis (2021 Update)
PMI Project Management Professional 2021 Update
- 9 Videos | 46m 1s
- Includes Assessment
- Earns a Badge
- CPE
- PMI PDU
Project risk management is a key responsibility of the project manager. It requires qualitative and quantitative risk analysis in order to assess risk probability and impact in order to prepare for and mitigate against factors that can derail the project. In this course, you'll explore using tools like a probability and impact matrix, risk categorization, and risk urgency assessments to define potential risks. You'll also learn about data gathering and representation techniques for risk modeling, including decision trees, tornado diagrams, and expected monetary value (EMV).
WHAT YOU WILL LEARN
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discover the key concepts covered in this courseidentify the tools and techniques you can use when performing qualitative risk analysisprioritize risks based on given probability and impact ratingsrecognize examples of information you should gather about risks during an interviewidentify the four common types of continuous distribution
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identify the purpose of sensitivity analysiscalculate the expected monetary value of a riskdescribe how to interpret a cost risk simulation graphidentify the sections of the risk report you typically update as a result of performing quantitative risk analysis
IN THIS COURSE
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1.Performing Risk Analysis (2021 Update)31sUP NEXT
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2.Qualitative Risk Analysis8m 21s
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3.Probability and Impact Assessment5m 50s
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4.Data Gathering for Quantitative Risk Analysis7m 10s
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5.Uncertainty and Continuous Distribution6m 31s
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6.Sensitivity Analysis for Quantitative Risk Analysis4m 39s
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7.Decision Trees for Quantitative Risk Analysis6m 23s
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8.Risk Simulations3m 33s
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9.Updates to the Risk Report3m 5s
EARN A DIGITAL BADGE WHEN YOU COMPLETE THIS COURSE
Skillsoft is providing you the opportunity to earn a digital badge upon successful completion of this course, which can be shared on any social network or business platform
Digital badges are yours to keep, forever.