PMI-RMP Certification Training - Risk and Risk Factors

The video tutorial covers project risk management, focusing on individual and overall project risks. It explains the difference between positive and negative risks, and the importance of managing both. Realized risks can become project issues or benefits, affecting project objectives. The tutorial also discusses risk factors such as probability, impact, timing, and frequency, emphasizing the need to manage risks at the appropriate level.

Explain the significance of identifying both positive and negative risks in project management.

How can a threat risk impact project objectives?

What happens when an opportunity risk becomes realized in a project?

What is the difference between individual project risks and overall project risks?

What factors should be considered when assessing project risks?