PMP Certification Training - Plan Risk Management

The video tutorial covers planned risk management, detailing the process of defining risk management activities for a project. It explains the inputs, tools, and techniques needed to create a risk management plan, including reviewing the project charter and stakeholder register. The tutorial also discusses the elements of a risk management plan, such as risk strategy and roles. It introduces the risk breakdown structure and the probability and impact matrix for assessing risks.

What elements should be included in the risk management plan?

What is a risk breakdown structure and how does it differ from a work breakdown structure?

How is the probability and impact matrix used in risk management?

How do you determine the risk level using the probability and impact matrix?