Qualitative Risk Analysis - Risk Management (Pmi-Rmp)

Analyze risks better

What you'll learn

Understand the core concepts of both qualitative and quantitative risk analysis, their differences

Learn how to evaluate risks based on their likelihood and impact

Explore how qualitative risk analysis is integrated throughout the project lifecycle as defined in the Risk Management Plan

Identify key factors necessary for successful risk analysis

Requirements

Basic Project Management Knowledge

Enthusiasm to learn!

Description

Course Overview:This course offers a practical approach to qualitative risk analysis. It is aligned with Risk Management Professional Exam of PMI (Project Management Institute). It’s designed for project professionals seeking PMI-RMP certification as well as enhancing their risk management skills.What You’ll Learn:Risk Analysis Basics: Understand the core principles of risk analysis, differentiating between qualitative and quantitative methods.PMI’s Approach: Learn how qualitative risk analysis fits within the PMI framework, focusing on PMI’s guidelines for risk management.Key Components for Success: Identify critical factors for effective risk analysis, including agreed-upon approaches and definitions, accurate risk data, and iterative analysis throughout the project.Tools and Techniques: Explore PMI-endorsed tools and techniques for assessing and prioritizing risks based on their impact and likelihood.Documentation and Reporting: Learn how to update project documents according to PMI standards, ensuring your risk management efforts are well-documented.Who Should Enroll:Ideal for project managers, risk managers, risk analysts and anyone involved in project risk management looking to enhance their careers and align their practices with PMI standards.Outcomes:Participants will gain the skills to conduct qualitative risk analysis effectively, make informed decisions, and implement risk management strategies that align with PMI’s best practices.Join Us and Be Better in Risk Management

Overview

Section 1: Introduction

Lecture 1 Introduction

Lecture 2 Definition and Purpose

Lecture 3 Critical Success Factors

Section 2: Risk Management Components

Lecture 4 Inputs, Tools & Techniques, and Outputs (ITTOs)

Lecture 5 I - Inputs

Lecture 6 Risk Management Plan

Lecture 7 Questions and Discussion

Lecture 8 Project Documents

Lecture 9 Enterprise Environmental Factors (EEFs)

Lecture 10 Organization Process Assets (OPAs)

Lecture 11 TT - Tools & Techniques

Lecture 12 Expert Judgment

Lecture 13 Data Analysis

Lecture 14 Interpersonal and Team Skills

Lecture 15 Risk Categorization

Lecture 16 Data Representation

Lecture 17 Risk Meetings

Lecture 18 Questions and Discussion

Lecture 19 O - Outputs

Lecture 20 Question and Discussion

Project Managers, Risk Managers, Project Team Members, Risk Analysts, Quality Managers, Business Analysts, Consultants and Management Students,People studying to achieve PMI-RMP Certificate,People interested in Risk Management