PMI-RMP Certification Training - Project Risk Management and Critical Success Factor

The video tutorial covers the processes involved in project risk management, including planning, identification, analysis, response planning, implementation, and monitoring. It emphasizes the importance of recognizing risk management as a valuable discipline, involving all stakeholders, and ensuring open communication. The tutorial also highlights the need for scaling risk management efforts to the project's size and integrating it with overall project management. Critical success factors such as individual responsibility and effective communication are discussed to enhance proactive approaches and decision-making.

Identify some critical success factors for effective project risk management.

How should the risk management effort be scaled to the project?

What does it mean to integrate risk management with project management?