PMP Certification Training - Implement Risk Responses

The video tutorial explains the process of implementing risk responses in project management. It highlights the benefits of executing agreed-upon risk response plans to manage project risks effectively. The tutorial covers the inputs required, such as the risk management plan and project documents, and discusses the tools and techniques used, including expertise and project management systems. It also outlines the outputs, such as change requests and updates to project documents.

What is the primary benefit of implementing agreed upon risk response plans?

• To increase project costs

• To eliminate all project risks

• To ensure risk responses are executed as planned

• To delay project timelines

Which document is reviewed first when implementing risk responses?

• Stakeholder register

• Risk management plan

• Project charter

• Quality management plan

What role do project management information systems play in implementing risk responses?

• They eliminate the need for risk management

• They ensure risk response plans are integrated with other project activities

• They create new project risks

• They replace the need for human expertise

Why might interpersonal and team skills be necessary in implementing risk responses?

• To encourage risk owners to take necessary actions

• To increase project costs

• To eliminate the need for a risk management plan

• To avoid project documentation

What might be a result of implementing risk responses?

• An increase in project risks

• A reduction in project team size

• A decrease in project scope

• A change request to project baselines