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1 year access to PMP 9 - Introduction to Project Risk Management

Non-Member Price:$119
Member Price:$79

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You are registering for one year of access to this Knowledge Center course, starting the date of purchase.

This course was designed as a supplemental study guide for the major content areas of Chapter 11 of A Guide to the Project Management Body of Knowledge (PMBOK® Guide), Fifth Edition. In this course, you will define the core elements of risk management, including the risk register. You will also understand how risks are identified, prioritized, quantified and used in decision-making.

This course contains video segments of project management professionals who offer advice and best practices about how to become a more effective project manager. By submitting a question via the course's Ask the Expert link, you get access to project managers who will answer your questions within 24-48 hours.

Taking advantage of online interactivity, the course contains a vocabulary game, flashcards, and other activities to help you master the material.

After completing this course, you'll be able to:

  • Define risk and explain how it can impact a project
  • Identify the components of the risk management plan and risk register and their relationship to the project management plan
  • Identify the techniques involved in risk identification and analysis
  • Explain how the probability and impact of risk can be assessed and how risk events can be prioritized
  • Articulate the difference between qualitative risk analysis and quantitative risk analysis and explain when either or both should be used
  • Make project decisions when outcomes are complex and are affected by uncertainty
  • Explain how risk planning, risk analysis, risk response planning, and risk monitoring and controlling are related
  • Understand the various management responses to positive and negative risks
  • Explain the Monitor and Control Risks process and understand that risks must be monitored throughout the project life cycle

Remember: All Knowledge Center courses are active for one year from the date of purchase.

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