PMI-RMP Certification Training - Critical Success Factor - Perform Qualitative Risk Analysis

The video tutorial discusses the importance of having an agreed-upon approach for qualitative risk assessment in projects. It emphasizes defining probability and impact scales, ensuring high-quality risk information, and performing iterative risk analysis throughout the project lifecycle. The tutorial also highlights the need for a common understanding of risk management terms among stakeholders and the impact of risk response strategies on assessments.

What role do definitions of risk terms play in the risk management plan?

How should changes in the project plan affect qualitative risk analysis?