PMBOK® Guide – Sixth Edition: 21-Performing Risk Analysis

All projects experience some degree of risk throughout the project lifecycle. Risk can be negative, in the form of a threat to a project; or positive, in the form of an opportunity. Perform Risk Analysis is the process of prioritizing risks for further analysis or action by combining and assessing the probability and impact of risk’s occurrence. While risk exists within every project, the degree of risk based on probability and impact is what helps determine the type of corrective or preventive action that the project team will perform. Within this course, you will review process inputs, tools, techniques and outputs attributed to the Perform Risk Analysis process.

Materials in this class are based on the text, A Guide to the Project Management Body of Knowledge, (PMBOK® Guide)

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Course Details

Learning Objectives

At the completion of this course, you will be able to:
  • Perform a risk probability and impact assessment
  • Demonstrate how to develop a probability and impact matrix
  • Categorize risk based upon known processes developed within the Project Body of Knowledge, (PMBOK® Guide)
  • Develop a risk data quality assessment

Specs

Course Level Intermediate
Languages English
Compatibility Audio, Video

Neal Rowland, PMP, PMI-ACP, ITIL Expert, ITIL Practitio

Neal Rowland has been a Project Management Professional (PMP) for over 13 years. During that time he has instructed, authored courses, advised training companies and corporations, and applied the best practices of project management in his work at Microsoft, Plex, and others. As the Lead Crowd Surfer of The Crowd Training [www.thecrowdtraining.com], Neal leads product development, instructional design, and graphic design. He is a contributor to the PMBOK. Beyond being certified as a PMP, Neal is also a certified agile project manager (PMI-ACP) and IT service management (ITIL Expert and ITIL Practitioner). Neal currently resides in the Detroit area with his wife and 5 kids.

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