PMP Certification Training - Learning Objective - Project Risk Management

This lesson focuses on project risk management, covering key processes such as planning, identifying risks, and performing both qualitative and quantitative risk analyses. It also discusses planning and implementing risk responses and monitoring risks. The learning objectives include understanding and defining project risk management processes and discussing process groups.

What is the primary focus of this lesson?

• Project scheduling

• Project risk management

• Project budgeting

• Project quality management

Which of the following is a process group in project risk management?

• Plan risk management

• Develop project charter

• Create WBS

• Define scope

What is the first step in the process groups of project risk management?

• Identify risks

• Monitor risks

• Plan risk management

• Perform qualitative risk analysis

Which type of risk analysis involves numerical analysis?

• Quantitative risk analysis

• Risk identification

• Risk monitoring

• Qualitative risk analysis

What is the final step in the risk management process?

• Identify risks

• Plan risk responses

• Implement risk responses

• Monitor risks