This course covers six areas of risk management in PMBOK® 5th edition and has 70 multiple choice practice questions!
Plan Risk Management
Perform Qualitative Risk analysis
Perform Quantitative Risk Analysis
Plan Risk Response
This course is essential for anyone planning to write the PMP® exam regardless of any other course you take. It provides incredible value and contains scenario-based questions which are essential in order to understand the material on risk management.
This is an introduction to the course. It contains a brief course overview as well as some essential terms that you need to know about risk management.
Please note that the course material as well as the answer guide for all quiz questions is in the supplementary material for Lecture 9.
Plan risk management is about creating the definitions and templates that will be used throughout the risk management process. This lecture introduces the outline for a basic risk management plan and identifies the contents that must be included for a project to be successful. Review the material then complete the quiz.
Identify risks is about the methods used to capture and record all the possible risks for a project. Review the material then complete the quiz.
Performing qualitative risk analysis is about determining risk priorities or a ranking based on the two risk characteristics of probability and impact. Review the material then complete the quiz.
Performing quantitative risk analysis is the process for calculating and assigning numerical values for risks. Review the material then complete the quiz.
This lecture reviews risk response planning and the basic terminology that is essential to know in order to answer questions correctly. Review the material then complete the quiz.
The lecture on control risks highlights the important terminology and processes that you need to understand in order to correctly answer PMP exam questions. Review the material then complete the quiz.
This is a brief summary of Risk Management. After this video, please complete the two quizzes. Answers are posted in the Lecture 9 documents.
Best wishes from Paul & Jill !
A copy of course material is here. Answers to quiz questions are located as files in the supplementary material.
See link in the attached file.
I currently teach business and project management courses at a college where I am known for converting complex concepts into simple and easy to understand practical exercises. I have an MBA, PMP certification, and an extensive background in business and IT project management. I also work with business start-ups where people have a passion to succeed.
Students say that I have excellent presentation and written communication skills and consider me to be a great motivational leader in the classroom. In creating online courses I use a straightforward approach to make students feel comfortable with the learning environment.
Jill is a skilled professional with excellent organization skills. Her attention to detail and clear customer focus are qualities that keep her in high demand. Jill has extensive experience in government organizations. In addition, she provides guidance and consulting for online course development in the area of business management.