This module explores how to plan risk management, identify risks, perform qualitative and quantitative risk analysis, and develop risk response strategies. You’ll learn how to monitor and control risks throughout the project lifecycle to improve decision-making and project resilience.
Terms you should understand:
— Project
— Project Risk
— Risk Management Plan
— Risk Register
— Reserves
— Monte Carlos Analysis
— Contingency Plans
— Probability and Impact Matrix
— Decision Tree
— Risk Triggers
— Risk Response Strategies
— SWOT
— Watchlist