PMP Certification Training - Perform Qualitative Risk Analysis

The video tutorial explains the process of performing qualitative risk analysis, which involves prioritizing risks based on their probability and impact on project objectives. It covers the inputs, tools, techniques, and outputs of the process, emphasizing the importance of expert judgment and data quality. The tutorial also discusses risk categorization, specialized meetings, and the need for continuous updates to project documents like the risk register and assumptions log.

How can historical information and lessons learned from past projects assist in qualitative risk analysis?

What is the significance of the probability and impact matrix in qualitative risk analysis?

What are the expected outputs of the qualitative risk analysis process?