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

The video tutorial covers the process of risk analysis, emphasizing the importance of prior risk identification and qualitative analysis before quantitative analysis. It highlights the need to focus on high-priority risks and the role of a suitable project model. The tutorial also discusses the significance of high-quality, unbiased risk data and the benefits of involving multiple people to reduce bias. It explains the concept of linking risks with common root causes and concludes with methods for project risk ranking, using diagrams to illustrate risk exposure and comparison.

Why is it important to categorize risks in the risk register?

What is the purpose of project risk ranking and how can it be utilized?