PMI-RMP Certification Training - Tools and Techniques – Meetings

The video tutorial discusses the importance of identifying risks and evaluating the effectiveness of risk response plans. It emphasizes the role of meetings and risk reviews in documenting and reassessing risks. The process of closing outdated risks and documenting issues that arise from realized risks is explained. The tutorial also covers the importance of conducting risk review meetings and detailing these processes in the risk management plan.

Why is it important to audit risk response plans?

• To ensure they are the most effective

• To increase project costs

• To delay project timelines

• To reduce team communication

What is the primary purpose of risk review meetings?

• To celebrate project milestones

• To assess the effectiveness of risk responses

• To finalize project budgets

• To allocate project resources

What should be done with risks that are no longer possible?

• Ignore them

• Delete them permanently

• Keep them in the active risk register

• Close them and keep for historical purposes

How should realized opportunity risks be documented?

• In the benefits register

• In the risk register

• In the project timeline

• In the issue log

What should be included in the risk management plan regarding meetings?

• The frequency and participants of risk review meetings

• The project budget

• The project timeline

• The team hierarchy