PMI-RMP Certification Training - Risk Data Quality Assessment

The video tutorial discusses the importance of assessing the quality of risk data in project management. It explains how to evaluate data reliability, completeness, and relevance. The tutorial also covers the use of probability and impact matrices for identifying opportunities and threats. It details methods for categorizing risks, including using risk breakdown structures and identifying common root causes. Finally, it describes different types of risks, such as known and unknown risks, and the concept of risk triggers.

Describe the role of common root causes in planning risk responses.

Define a risk trigger and provide an example.

What is the significance of a positive risk in project management?