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PMI Project Management
Professional (PMP)® Workshop
Project Risk Management
© 2017 Skillogic Knowledge Solutions. All Rights Reserved2
Project Risk Management
Integration
Scope
Time
Cost
Quality
Human Resource
Communications
Risk
Procurement
Stakeholder
© 2017 Skillogic Knowledge Solutions. All Rights Reserved3
Project Risk Management
 Plan Risk Management
 Identify Risks
 Perform Qualitative Risk Analysis
 Perform Quantitative Risk Analysis
 Plan Risk Responses
 Control Risks
© 2017 Skillogic Knowledge Solutions. All Rights Reserved4
Plan Risk Management
 Risk management plan is vital for the success of a project.
 This process helps to define the risk management
activities for a project.
© 2017 Skillogic Knowledge Solutions. All Rights Reserved5
Plan Risk Management
Inputs
• Project
management
plan
• Project charter
• Stakeholder
register
• Enterprise
environmental
factors
• Organizational
process assets
Tools&Techniques
• Analytical
techniques
• Expert
judgment
• Meetings
Outputs
• Risk
management
plan
© 2017 Skillogic Knowledge Solutions. All Rights Reserved6
Plan Risk Management - Inputs
 Project management plan
 Project charter
 Stakeholder register
 Enterprise environmental factors
 Organizational process assets
© 2017 Skillogic Knowledge Solutions. All Rights Reserved7
Plan Risk Management –
Tools & Techniques
 Analytical techniques
 Expert judgment
 Meetings
© 2017 Skillogic Knowledge Solutions. All Rights Reserved8
Analytical Techniques
 Analytical techniques are used to define Risk management
context of the project
 A “Risk management context” is a combination of
 Stakeholder risk attitudes (risk averse, risk seeking, average)
and
 Risk exposure of the given project
 “Strategic risk scoring sheets” are used to calculate high level
assessment of risk exposure of the project
© 2017 Skillogic Knowledge Solutions. All Rights Reserved9
RBS
 Risk Breakdown Structure (RBS) – A hierarchical
representation of risks according to their risk categories
 Risk categories are created by grouping the potential causes of
risk
© 2017 Skillogic Knowledge Solutions. All Rights Reserved10
© 2017 Skillogic Knowledge Solutions. All Rights Reserved11
Call Us
@ 901-989-9000
If you are looking for PMP Certification Training in
Mumbai or Navi Mumbai visit:
http://in.skillogic.com/pmp-training/pmp-certification-
mumbai/
Skillogic – PMP Certification Training

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PMP Training Project Risk Management Part 1

  • 2. Project Risk Management © 2017 Skillogic Knowledge Solutions. All Rights Reserved2
  • 3. Project Risk Management Integration Scope Time Cost Quality Human Resource Communications Risk Procurement Stakeholder © 2017 Skillogic Knowledge Solutions. All Rights Reserved3
  • 4. Project Risk Management  Plan Risk Management  Identify Risks  Perform Qualitative Risk Analysis  Perform Quantitative Risk Analysis  Plan Risk Responses  Control Risks © 2017 Skillogic Knowledge Solutions. All Rights Reserved4
  • 5. Plan Risk Management  Risk management plan is vital for the success of a project.  This process helps to define the risk management activities for a project. © 2017 Skillogic Knowledge Solutions. All Rights Reserved5
  • 6. Plan Risk Management Inputs • Project management plan • Project charter • Stakeholder register • Enterprise environmental factors • Organizational process assets Tools&Techniques • Analytical techniques • Expert judgment • Meetings Outputs • Risk management plan © 2017 Skillogic Knowledge Solutions. All Rights Reserved6
  • 7. Plan Risk Management - Inputs  Project management plan  Project charter  Stakeholder register  Enterprise environmental factors  Organizational process assets © 2017 Skillogic Knowledge Solutions. All Rights Reserved7
  • 8. Plan Risk Management – Tools & Techniques  Analytical techniques  Expert judgment  Meetings © 2017 Skillogic Knowledge Solutions. All Rights Reserved8
  • 9. Analytical Techniques  Analytical techniques are used to define Risk management context of the project  A “Risk management context” is a combination of  Stakeholder risk attitudes (risk averse, risk seeking, average) and  Risk exposure of the given project  “Strategic risk scoring sheets” are used to calculate high level assessment of risk exposure of the project © 2017 Skillogic Knowledge Solutions. All Rights Reserved9
  • 10. RBS  Risk Breakdown Structure (RBS) – A hierarchical representation of risks according to their risk categories  Risk categories are created by grouping the potential causes of risk © 2017 Skillogic Knowledge Solutions. All Rights Reserved10
  • 11. © 2017 Skillogic Knowledge Solutions. All Rights Reserved11 Call Us @ 901-989-9000 If you are looking for PMP Certification Training in Mumbai or Navi Mumbai visit: http://in.skillogic.com/pmp-training/pmp-certification- mumbai/ Skillogic – PMP Certification Training