Home
Search results “Risk analysis and project management”
Project Risk Management: Plotting and Managing Risk In Projects
 
05:42
Learn how to implement project risk management best practices from our expert at https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=ProjectRiskManagementPlottingandManagingRiskInProjects so that you can more effectively plot and manage risk factors in projects. Watch the video as ProjectManager.com Director Devin Deen takes you through the 4 steps to bring together your project management risk register. Find out why the most important first step is to get your risk list together. Many project managers simply email their project team members and ask them to send in things they think might go wrong in terms of risk to the project. Not so with Devin. He prefers to get his entire project team together, along with some of his client representatives on the project and do a risk identification session in terms of scope, time, cost and quality. Get Your Free 30 Day Trial of the world's leading project management software here: https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=ProjectRiskManagementPlottingandManagingRiskInProjects TO SUBSCRIBE to our YouTube Channel here: https://www.youtube.com/user/projectmanagervideos To see another project risk management video, check out: "What Is Risk Management In Projects?" Simply click the link below: https://www.youtube.com/watch?v=x7A9idByPA4
Risk Analysis How to Analyze Risks on Your Project - Project Management Training
 
03:57
Watch as Jennifer Bridges, PMP, https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=CreatingaProjectPMSoftwareTutorial as she explains why you need to analyze risk and how to do it effectively.
17. Project Risk Analysis
 
34:32
Risk Analysis can be complex, as you'll need to draw on detailed information such as project plans, financial data, security protocols, marketing forecasts, and ... PLEASE REFER THE LINKS AS FOLLOW IF YOU NEED LEARN MORE: - You Can Ace Your PMP® Exam With The World’s Most Popular PMP® Video Training Course! : http://bit.ly/2AnUnGh - The PMI-ACP® Exam Simulator Features : http://bit.ly/2k7GuoW - CAPM® Exam Prep and CAPM® Exam Simulator : http://bit.ly/2Af7dWC - Free PMI-ACP® Exam Simulator : http://bit.ly/2nixIWw - The CAPM® Exam Simulator Features : http://bit.ly/2Ah2qUE - The PMP Exam is Changing in 2018 : http://bit.ly/2AmSk5f - PMP Exam Prep Essentials Overview Your Condensed PMP® Exam Prep Study Guide : http://bit.ly/2ngB8ZQ - eBook The PMP Exam Prep Essentials Study Guide : http://bit.ly/2ngB8ZQ - The PMP Exam Printable FlashCards (PDF FlashCards Only) : http://bit.ly/2ByCiTE - The PMP Exam eFlashCards (Portable eFlashCards Only) : http://bit.ly/2i3lUBQ - The PMP Exam FlashCards (eFlashCards & PDF Bundle) : http://bit.ly/2BAEuKr - PMP Exam Formula Study Guide (Free, Redacted Version) : http://bit.ly/2kbPoBU - The PM StudyCoach (For PMBOK Guide 5th Edition) : http://bit.ly/2Bnn035 - The PDU Podcast (Year 3) : http://bit.ly/2AmAY65 - Earn PDUs with The PM PrepCast : http://bit.ly/2zAXgjc - Earn PDUs with The Agile PrepCast : http://bit.ly/2Alns2n - The PM PrepCast (For PMBOK Guide 5th Edition) : http://bit.ly/2ipC5NZ - The Free Agile PrepCast : http://bit.ly/2kd0VRl - The Agile PrepCast : http://bit.ly/2nieb8w - The PDU Podcast (Year 2) : http://bit.ly/2Af9qRU - The PDU Podcast (Year 1) : http://bit.ly/2Af9ykm - The Free PM PrepCast - Sample Videos and Free PMP Exam Prep Material : http://bit.ly/2k9tBuK - The PDU Podcast (Monthly Subscription) : http://bit.ly/2ne1uLO - PMP Exam Formula Study Guide : http://bit.ly/2ALYfRU
What Is Risk Management In Projects?
 
04:06
Watch this video to learn all about risk management in projects, as explained by a PMP. Try our Award-Winning PM Software for free: https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=WhatIsRiskManagementInProjects What is risk management? How is risk management in projects defined? What role does the Triple Constraint play in project management? These questions centered around risk management in projects are all answered in this brief video hosted by Director, Jennifer Whitt. Be sure to WATCH THE ENTIRE VIDEO and learn exactly what project risk management is, along with how and when to apply it. Learn about the Triple Constraint and how elements of risk can affect the scope, quality cost or time of a project. Jennifer also talks about the relationship between the project management plan and the risk management plan. What is entailed in the risk management plan? Basically, it's the (risk management) process or the determination of how to manage risk on the project. Risk management tools such as project management software, excel and templates are also a vital part of project risk management Plus, you'll learn about all the activities used to manage risk throughout the entire project. Want to know more? Watch this video on project risk management and then... Click the link below to CLAIM YOUR FREE 30 DAY TRIAL OF PROJECTMANAGER.COM https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=WhatIsRiskManagementInProjects SUBSCRIBE to our YouTube Channel here: https://www.youtube.com/user/projectmanagervideos
Project Management - Risk Analysis
 
55:47
Rene Derks talks about Risk Analysis, Communication Plans and Acceptance Criteria
Views: 623 NHTV IGAD
Quantitative Risk Analysis for overall project risk
 
27:46
This short presentation formed part of an APM Risk SIG workshop on the uses of QRA, in February 2016. Most people use QRA to identify the most important individual risks. Here David Hillson explains how to use it to quantify overall project risk exposure.
Views: 9183 RiskDoctorVideo
PMP Risk Management | Project Risk Management Training | PMP Training Videos | PMP Tutorial
 
58:35
( PMP Certification Training - https://www.edureka.co/pmp ) Watch sample class recording: http://www.edureka.co/pmp?utm_source=youtube&utm_medium=referral&utm_campaign=project-risk-management-1 Project risk management is an important aspect of project management. According to the Project Management Institute's PMBOK Risk management is one of the ten knowledge areas in which a project manager must be competent. Project risk is defined by PMI as 'an uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives'. Get a more in-depth view of the concept by watching this video, which covers: 1. Introduction to Project Risk Management 2.Identify Risk 3.Risk Analysis 4.Plan Risk Management 5.Manage Stakeholder Engagement 6.Control Stakeholder Engagement Related Blogs: http://www.edureka.co/blog/introduction-to-project_management_office/?utm_source=youtube&utm_medium=referral&utm_campaign=project-risk-management-1 http://www.edureka.co/blog/an-introduction-to-pmbok-guide/?utm_source=youtube&utm_medium=referral&utm_campaign=project-risk-management-1 Edureka is a New Age e-learning platform that provides Instructor-Led Live, Online classes for learners who would prefer a hassle free and self paced learning environment, accessible from any part of the world. The topics related to ‘Project Risk Management’ have extensively been covered in our course ‘PMP Exam Preparation’. For more information, please write back to us at [email protected] Call us at US: 1800 275 9730 (toll free) or India: +91-8880862004
Views: 64073 edureka!
How to Identify Risks? Risk Management Video
 
04:29
See the list of possible risks inside. The volume is low. Click Cc button to see subtitles in English. Reference: My blog at http://inderpsingh.blogspot.com/2012/09/RapidRiskIdentification.html Also, see related tutorial at https://youtu.be/OlzMrXtgl1I
Project Risk Management - Simplified!
 
09:51
Simple steps you and your team can perform to solidify and protect your project from risks.
Views: 21328 Michael B Bender
risks in project management |  Software engineering |
 
11:32
Software engineering
Views: 646 Education 4u
How to Evaluate Risks Using Quantitative Risk Analysis
 
04:40
Learn more about how to evaluate project risks using quantitative risk analysis at http://projectriskcoach.com/evaluating-risks-using-quantitative-risk-analysis/ Start learning more about project management and risk management in my Online Courses: http://projectriskcoach.com/courses Please subscribe to the channel and leave a comment below! Project Risk Coach: http://www.projectriskcoach.com Courses: http://www.projectriskcoach.com/courses LinkedIn: https://www.linkedin.com/in/harrythomashall Facebook: https://www.facebook.com/projectriskcoach Twitter: https://twitter.com/harrythall
Views: 5559 Harry Hall
What Is Project Risk?
 
04:41
Defining project risk is a tricky business because it talks also of the unknown, and unforeseeable risks associated with any project. Watch this video from https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=WhatIsProjectRisk that looks at project risk, from a project management professionals point of view.
18. Project Risk Management
 
26:14
According to the Project Management Institute's PMBOK, Risk management is one of the ten knowledge areas in which a project manager must be competent. Project risk is defined by PMI as 'an uncertain event or condition that, if it occurs, has a positive or negative effect on a project's objectives' PLEASE REFER THE LINKS AS FOLLOW IF YOU NEED LEARN MORE: - You Can Ace Your PMP® Exam With The World’s Most Popular PMP® Video Training Course! : http://bit.ly/2AnUnGh - The PMI-ACP® Exam Simulator Features : http://bit.ly/2k7GuoW - CAPM® Exam Prep and CAPM® Exam Simulator : http://bit.ly/2Af7dWC - Free PMI-ACP® Exam Simulator : http://bit.ly/2nixIWw - The CAPM® Exam Simulator Features : http://bit.ly/2Ah2qUE - The PMP Exam is Changing in 2018 : http://bit.ly/2AmSk5f - PMP Exam Prep Essentials Overview Your Condensed PMP® Exam Prep Study Guide : http://bit.ly/2ngB8ZQ - eBook The PMP Exam Prep Essentials Study Guide : http://bit.ly/2ngB8ZQ - The PMP Exam Printable FlashCards (PDF FlashCards Only) : http://bit.ly/2ByCiTE - The PMP Exam eFlashCards (Portable eFlashCards Only) : http://bit.ly/2i3lUBQ - The PMP Exam FlashCards (eFlashCards & PDF Bundle) : http://bit.ly/2BAEuKr - PMP Exam Formula Study Guide (Free, Redacted Version) : http://bit.ly/2kbPoBU - The PM StudyCoach (For PMBOK Guide 5th Edition) : http://bit.ly/2Bnn035 - The PDU Podcast (Year 3) : http://bit.ly/2AmAY65 - Earn PDUs with The PM PrepCast : http://bit.ly/2zAXgjc - Earn PDUs with The Agile PrepCast : http://bit.ly/2Alns2n - The PM PrepCast (For PMBOK Guide 5th Edition) : http://bit.ly/2ipC5NZ - The Free Agile PrepCast : http://bit.ly/2kd0VRl - The Agile PrepCast : http://bit.ly/2nieb8w - The PDU Podcast (Year 2) : http://bit.ly/2Af9qRU - The PDU Podcast (Year 1) : http://bit.ly/2Af9ykm - The Free PM PrepCast - Sample Videos and Free PMP Exam Prep Material : http://bit.ly/2k9tBuK - The PDU Podcast (Monthly Subscription) : http://bit.ly/2ne1uLO - PMP Exam Formula Study Guide : http://bit.ly/2ALYfRU
Qualitative Vs Quantitative Risk Analysis
 
03:12
This video describes Risk Analysis Techniques - Qualitative and Quantitative. It also describes techniques to do Qualitative and Quantitative Risk Analysis along with developing rating scales. -~-~~-~~~-~~-~- Please watch: "Introduction to MS Paint" https://www.youtube.com/watch?v=fhIGiUWdkzY -~-~~-~~~-~~-~-
Views: 17379 Project Management
Intro to Monte Carlo Simulation for Project Schedule Risk Analysis using @RISK - Webcast
 
01:02:50
This webcast is designed to provide an entry-level introduction into probabilistic analysis and will show how Monte Carlo simulation and other techniques can be applied to your project schedule risk analysis.
Views: 15707 PalisadeCorp
Lesson 6 video 1: Risk, Uncertainty and Sensitivity Analysis
 
03:24
In this and next videos I will explain how to incorporate risk and uncertainty in the economic evaluation of projects for the purpose of investment. I will explain how you can apply the sensitivity analysis techniques to evaluate the projects in this case. There are several quantitative methods for incorporating risk and uncertainty. I will explain two of these methods: 1) Sensitivity analysis or probabilistic sensitivity analysis 2)Expected value or expected net present value
Views: 6451 F. Tayari
Create a Risk Assessment Chart
 
16:53
Check out my Blog: http://exceltraining101.blogspot.com This video covers how to create a colored (green-yellow-red) risk assessment chart. This is used in project management to compare risk to probability for various task or projects to help aid in decision making. Find the label creating macro at Microsoft http://support.microsoft.com/kb/213750 Feel free to provide a comment or share it with a friend! --------------------------------- #exceltips #exceltipsandtricks #exceltutorial #doughexcel #exceltips #exceltipsandtricks #exceltutorial #doughexcel
Views: 187672 Doug H
Project Management Concept #2: Qualitative Risk Analysis vs Quantitative Risk Analysis
 
04:15
Passionate Project Management, www.PassionatePM.com, is pleased to sponsor this Passionate Project Management YouTube channel. Passionate Project Management specializes in project management learning, development, and consulting. Passionate Project Management offers open enrollment and private on-site courses delivered by the leading instructors in the industry. Passionate Project Management provides PMP Exam Prep, CAPM Exam Prep, PMI-RMP (Risk Management) Exam Prep, and PMI-ACP (Agile) Exam prep. This Video is a component of our Learning Concepts Series: 2. Qualitative versus Quantitative Risk Analysis narrated by Belinda Fremouw. Belinda was the first woman in the world to achieve the original five PMI Credentials. Her experience spans multiple decades, crosses several industries, and includes domestic and international project experience. Belinda is a well-known public speaker and author. Check out our website at www.PassionatePM.com for all of our course offerings and exam prep study materials. www.PassionatePM.com #PassionatePM #BelindaFremouw #BelindaPMP
Views: 20427 PM Learning Solutions
28- Risk Analysis In Software Engineering In HINDI -Types Of Risk in Software Project Development
 
07:21
Requirement Risk: Rapidly change or unclear requirement Create the large risks. This risk mostly failed or delayed the projects. Competitive forces, business agreements with new partners for the organisation and it software system to change. 26- Team Structure in Software Project Management in Software Engineering| Team Structure https://youtu.be/jBWCoMc4LOo 27- What is a Risk Analysis and Risk And Categories of Risk in Software Engineering https://youtu.be/b9DKxV29PTc Website: http://www.tutorialsspace.com Instagram https://www.instagram.com/tutorialsspace/
Views: 5274 tutorialsspace
Project Risk Management
 
07:34
Simple project risk management guide by James Clements, Project Plan Online. http://projectplanonline.com/?p=2113 https://www.youtube.com/watch?v=64SYPlMTz9U
Views: 44140 James Clements
Risk Management in Software Projects
 
03:31
Click Cc button to see subtitles in English. Next, learn Cause and Effect Analysis at https://youtu.be/pezYndsY7TM
27- What Is Risk Analysis In Software Project Development In Software Engineering In HINDI
 
05:33
What Is Risk Analysis In Software Engineering In HINDI | Types Of In Software Development HINDI: Project Risk is a problem that could cause some lose or threaten the success of a software project, but which has not happened yet. 25- What is Staffing Level Estimation in Software Engineering | Staffing Level Estimation https://youtu.be/20QwSfYOEs4 26- Team Structure in Software Project Management in Software Engineering| Team Structure https://youtu.be/jBWCoMc4LOo Website: http://www.tutorialsspace.com Instagram https://www.instagram.com/tutorialsspace/
Views: 7368 tutorialsspace
Techniques of Risk Analysis (BSE)
 
28:54
Subject: Business Economics Paper: Project Appraisal and Impact Analysis
Views: 1902 Vidya-mitra
16. Project Risk Identification
 
32:02
Project Risk identification is the most important process in the Risk Management Planning. Risk Identification determines which risks might affect the project and documents their characteristics. PLEASE REFER THE LINKS AS FOLLOW IF YOU NEED LEARN MORE: - You Can Ace Your PMP® Exam With The World’s Most Popular PMP® Video Training Course! : http://bit.ly/2AnUnGh - The PMI-ACP® Exam Simulator Features : http://bit.ly/2k7GuoW - CAPM® Exam Prep and CAPM® Exam Simulator : http://bit.ly/2Af7dWC - Free PMI-ACP® Exam Simulator : http://bit.ly/2nixIWw - The CAPM® Exam Simulator Features : http://bit.ly/2Ah2qUE - The PMP Exam is Changing in 2018 : http://bit.ly/2AmSk5f - PMP Exam Prep Essentials Overview Your Condensed PMP® Exam Prep Study Guide : http://bit.ly/2ngB8ZQ - eBook The PMP Exam Prep Essentials Study Guide : http://bit.ly/2ngB8ZQ - The PMP Exam Printable FlashCards (PDF FlashCards Only) : http://bit.ly/2ByCiTE - The PMP Exam eFlashCards (Portable eFlashCards Only) : http://bit.ly/2i3lUBQ - The PMP Exam FlashCards (eFlashCards & PDF Bundle) : http://bit.ly/2BAEuKr - PMP Exam Formula Study Guide (Free, Redacted Version) : http://bit.ly/2kbPoBU - The PM StudyCoach (For PMBOK Guide 5th Edition) : http://bit.ly/2Bnn035 - The PDU Podcast (Year 3) : http://bit.ly/2AmAY65 - Earn PDUs with The PM PrepCast : http://bit.ly/2zAXgjc - Earn PDUs with The Agile PrepCast : http://bit.ly/2Alns2n - The PM PrepCast (For PMBOK Guide 5th Edition) : http://bit.ly/2ipC5NZ - The Free Agile PrepCast : http://bit.ly/2kd0VRl - The Agile PrepCast : http://bit.ly/2nieb8w - The PDU Podcast (Year 2) : http://bit.ly/2Af9qRU - The PDU Podcast (Year 1) : http://bit.ly/2Af9ykm - The Free PM PrepCast - Sample Videos and Free PMP Exam Prep Material : http://bit.ly/2k9tBuK - The PDU Podcast (Monthly Subscription) : http://bit.ly/2ne1uLO - PMP Exam Formula Study Guide : http://bit.ly/2ALYfRU
What is a Risk Register and When To Use It
 
03:57
Qualitative risk analysis, quantitative risk analysis, risk response planning... When exactly should you use a risk register? Watch this short project management training video from https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=WhatisaRiskRegisterandWhenToUseIt to learn more.
Monte Carlo Schedule Risk analysis. Part 1: Introduction to schedule risk analysis techniques
 
09:42
Video shows how schedule risk analysis is performed in RiskyProject project risk management and risk analysis software. Monte Carlo simulations require inputs to perform the analysis: duration estimates and statistical distributions. In this video, we describe what a statistical distribution for schedules is and use a real life example to gather the distribution data and describe them using frequency histograms and cumulative probability plots. Finally, we use the data we generated from this real life example, to create a risk analysis model in the software and run a Monte Carlo simulation. For more information how to perform schedule risk analysis using RiskyProject software please visit Intaver Institute web site: http://www.intaver.com. About Intaver Institute. Intaver Institute Inc. develops project risk management and project risk analysis software. Intaver's flagship product is RiskyProject: project risk management software. RiskyProject integrates with Microsoft Project, Oracle Primavera, other project management software or can run standalone. RiskyProject comes in three configurations: RiskyProject Lite, RiskyProject Professional, and RiskyProject Enterprise.
Views: 26936 Intaver Institute Inc.
Project Risk Analysis for Microsoft Project
 
01:29
RiskyProject seamlessly integrates with Microsoft Project. Once you have RiskyProject installed, the RiskyProject toolbar will automatically appear in Microsoft Project. This toolbar facilitates defining risks and uncertainties, Monte Carlo simulations, and viewing results of analysis in Microsoft Project. For more information about project risk analysis and risk management software RiskyProject please visit http://www.intaver.com
Top 5 Project Risk Analysis Parameters for a PM
 
03:23
Use these to Analyze Risks for project management. Valuable tool to help with Risk Management and part of the cycle (Identify, Analyze then Respond). PM best practices for Project Managers by Jason Tratch www.nexlevinc.com
Views: 474 Jason Tratch
Project management - Excel Risk Dashboard Template
 
02:38
Project management - Excel Risk Dashboard Template In this article I'll show you how to build excel risk template using Excel's built in visual tools. htttp://exceldashboardschool.com/ Instructions for Changing the Contents of Drop-Down Menus: Highlight the cell of which you wish to change the content of the drop down menu. From the file menu click Data then Validation and you can change the content of the source field. Matrix Score: This is calculated once you select the priority and current status. The matrix use conditional formatting to display color. In our Excel risk template I used risk ranking to determine matrix score. This is a priority (with weighted category) list which is determined by the relative ranking of the risks. If you change the actual status of priority the risk score calculated automatically. Excel dashboards, free excel dashboard templates, free excel project management templates, excel issue trackers on my blog.
Views: 44334 Excel Dashboard School
Project Risk Management
 
29:45
a) Risk Identification-Risk Impact Matrix b) Strategies to eliminate risks c) Project Management decision Process/ model d) Introduction to Expected Value Concept
Views: 2120 Project Management
82. PMP | Project Risk Management Perform Qualitative Risk Analysis Overview | ITTO,input,output
 
03:23
This PMI PMP PMBOK based video explains about the project perform qualitative risk analysis which belongs to project risk management along with ITTO,input,tools,techniques,output. Perform Qualitative Risk Analysis is the process of prioritizing risks for further analysis or action by assessing and combining their probability of occurrence and impact. The key benefit of this Perform Qualitative Risk Analysis process is that it enables project managers to reduce the level of uncertainty and to focus on high-priority risks. Perform Qualitative Risk Analysis assesses the priority of identified risks using their relative probability or likelihood of occurrence, the corresponding impact on project objectives if the risks occur, as well as other factors such as the time frame for response and the organization’s risk tolerance associated with the project constraints of cost, schedule, scope, and quality. Here the ITTO,input,tools,techniques,output of PMP Perform Qualitative Risk Analysis process Per PMP PMBOK-5, Input of project Perform Qualitative Risk Analysis process is, .1 Risk management plan .2 Scope baseline .3 Risk register .4 Enterprise environmental factors .5 Organizational process assets PMP PMBOK-5 says following tools and techniques are used in project Perform Qualitative Risk Analysis process .1 Risk probability and impact assessment .2 Probability and impact matrix .3 Risk data quality assessment .4 Risk categorization .5 Risk urgency assessment .6 Expert judgment Following are the output of project Perform Qualitative Risk Analysis process as per PMP pmbok-5 .1 Project documents updates
Views: 1049 Kavin Kumar
PMP® | Risk Analysis-Qualitative & Quantitative Approaches
 
59:52
Stuck with PMP? Enroll in our PMP Online Training and Get PMP in 45 Days with PMBOK5 http://goo.gl/l2aQOq Agenda for the hangout Check out the queries raised at iZenBridge Forum http://goo.gl/pVUqF7 to be discussed during the session.  https://plus.google.com/b/103624728377270787243/events/cbo8qceqi7v7a344311id8rp3ts Our Trainers will focus on the queries posted by participants for discussion in the hangout. https://twitter.com/iZenBridge You can also post your queries at the forum. How to join the hangout? You can watch the event live at Risk Analysis Hangout. The queries/ questions will be taken up by using Q & A app.during the hangout. You need to type in your questions just like before, but now, the Q & A app will make it more manageable for the participants. Only selected participants, who have raised queries in the forum, would get an opportunity to come inside the session by way of video to follow up on the queries they had raised. Only first 9 participants can avail this facility. To enter the live web session, the selected participants can use the link provided at Twitter. Search the link using #iZenPMP. Rest of the participants need to follow the link provided above in the mail. Only in case of technical problems during the hangout, communicate to us on Twitter by using #iZenPMP Speaker:+Saket Bansal
Risk Assessment Template - Project Management
 
01:48
Learn how to perform risk assessment. Assess the risks associated with the project. A project with high risk may imply a higher chance that it will end with a failure. See how the Guide-through process can help you get your IT project done: https://www.visual-paradigm.com/features/project-management-lifecycle-guide-through/ Project Management Lifecycle - Overview of The Five Phases: - Identification: https://www.visual-paradigm.com/tour/project-management/it-project-management-lifecycle-identification.jsp - Initiation: https://www.visual-paradigm.com/tour/project-management/it-project-management-lifecycle-initiation.jsp - Planning: https://www.visual-paradigm.com/tour/project-management/it-project-management-lifecycle-planning.jsp - Execution & Control: https://www.visual-paradigm.com/tour/project-management/it-project-management-lifecycle-execution_n_control.jsp - Closeout: https://www.visual-paradigm.com/tour/project-management/it-project-management-lifecycle-closeout.jsp Try it FREE: https://www.visual-paradigm.com/download/
Views: 659 VisualParadigm
11.3 Perform Qualitative Risk Analysis Process | Project Risk Management || whatispmp.com
 
12:31
Full article ►► http://whatispmp.com/perform-qualitative-risk-analysis/ 11.3 Perform Qualitative Risk Analysis Process. ========================================= Chapter 11: Project Risk Management Knowledge Area:- ========================================= 11.1 Plan Risk Management Process: http://whatispmp.com/plan-risk-management/ 11.2 Risk Identification Process: http://whatispmp.com/risks-identification-process/ 11.3 Perform Qualitative Risk Analysis Process: http://whatispmp.com/perform-qualitative-risk-analysis/ 11.4 Perform Quantitative Risk Analysis Process: http://whatispmp.com/perform-quantitative-risk-analysis/ 11.5 Plan Risk Responses Process: http://whatispmp.com/plan-risk-responses/ 11.6 Monitor and Control Risks Process: http://whatispmp.com/monitor-and-control-risks-process/ 11.7 Risk Tolerance: http://whatispmp.com/risk-tolerance/ 11.8 Risk Roles and Responsibilities: http://whatispmp.com/risk-roles-and-responsibilities/ 11.3 Perform Qualitative Risk Analysis Process | Project Risk Management. ~~~~~~~~~~~~~~~~~~~~~~~~~ Perform Qualitative Risk Analysis follows risk identification, and it prioritizes risks based on their likelihood of occurring and their potential impact on the project objectives. Prioritization is needed because risk identification uncovers a large number of risks having at least some potential to influence project objectives. However, many of those risks will be of such a low priority or have such a small impact that it isn't cost-effective to address them, so qualitative analysis allows the project team to focus on the most important risks. The risk register provides the list of identified risks to be evaluated, and the risk management plan provides the details on how probability and impact will be assessed and what risk scoring formula and ranking criteria will be used. Risks are prioritized and ranked based on their overall risk rating score, but risks can also be prioritized by their expected monetary value, impact, or any combination of other methods. 11.3.1 Perform Qualitative Risk Analysis: Inputs • Risk register The risk register is a comprehensive list of all threats and opportunities the project faces. It also contains supplementary data about each risk, including its impact, probability, risk response, budget, risk owner, and contingency and fallback plans. • Risk management plan The risk management plan is a component of the project management plan. It details and defines the risk management activities for the project. The plan establishes the risk methodology, risk roles and responsibilities, risk categories, probability and impact scales, risk tolerances, frequencies of risk management activities and reporting, and the budget and schedule for risk management activities. • Project scope statement The project scope statement details the measurable goals, objectives, deliverables, and requirements of the project, and what the acceptance criteria of deliverables will be. It also describes the work required to meet all objectives and deliverables of the project, and it also contains milestones, assumptions, risks, and costs. The scope statement helps determine the impact a risk may have on the project’s objectives and may help determine its probability. • Organizational process assets Data from similar, past projects and risk databases will help determine impacts and probabilities. 11.3.2 Perform Qualitative Risk Analysis: Tools and Techniques • Risk probability and impact assessment This assessment investigates each identified risks to expose the probability and impact of all the project objectives. This data is used to prioritize or rank risks. [....] Read Full article ►► http://www.whatispmp.com/perform-qualitative-risk-analysis/ ============================ Share video: https://youtu.be/ZvLbmFanqao ============================ Subscribe to our channel: https://goo.gl/pJeXcj website: http://whatispmp.com Facebook: https://fb.me/whatispmp Google+: https://goo.gl/FQGzT5 ============================ PMP Tutorial ►► http://whatispmp.com/PM-Tutorial --------------------------------------------------------- This tutorial covers the following subject matter: Knowledge Areas: • Project Integration Management. • Project Scope Management. • Project Time Management. • Project Cost Management. • Project Quality Management. • Project Human Resource Management. • Project Communications Management. • Project Risk Management. • Project Procurement Management. Process Groups: • Initiating Processes. • Planning Processes. • Executing Processes. • Monitoring & Controlling Processes. • Closing Processes. ============================ Share video: https://youtu.be/ZvLbmFanqao ============================ What is PMP, PMP Training, PMP Certification, PMP Exam Preparation, Project Management Professional Course.
Views: 197 What is PMP?
PMP® Risk Management PMBOK 5 | PMP® Training Videos | Project Management Tutorial  | Simplilearn
 
07:24
This PMP® Training video will help you understand the eight knowledge are of Project Management, that is Project Risk Management. You will learn the definition of Risk and Risk categories. This PMP® Training Video will explain: 1. What is Risk? 2. What is Project Risk Management? 3. Calculation of Risk 4. Risk Categories 5. Decision Tree 6. Risk Reserve Subscribe to Simplilearn channel for more Project Management Tutorial Videos (PMP®) - https://www.youtube.com/user/Simplilearn?sub_confirmation=1 Project Management (PMP®)Articles - https://www.simplilearn.com/resources/project-management?utm_campaign=PMP-Risk-yqs3SUn0MN0&utm_medium=Tutorials&utm_source=youtube To gain in-depth knowledge of Project Management (PMP®) and other Project Management (PMP®) tools and techniques, check our PMP® Certification Training Course : https://www.simplilearn.com/project-management/pmp-certification-training?utm_campaign=PMP-Risk-yqs3SUn0MN0&utm_medium=Tutorials&utm_source=youtube #PMP #Project Management #PMPTrainingVideos #PMPCertification #SimplilearnPMP #ProjectManagementTutorial - - - - - - - - - - About Simplilearn's PMP® Certification Training Course: The PMP® training course is designed to ensure that you pass the PMP exam on the first try. Our hands-on training approach, entrusted by 52,000 learners, will help you to understand the workings of the five process groups and 10 knowledge areas defined by the PMBOK Guide—Fifth Edition. We guarantee you’ll walk away with all the preparation and confidence you need to conquer the exam and earn the PMP certification. - - - - - - - - - - What skills you will learn from this PMP® Certification Training Course? 1. Modern project management tools such as work breakdown structure, resource allocation, Gant charts, mathematical project scheduling models, project cost estimating, cost management and engineering economics. 2. Developing a broad and flexible toolkit of techniques and adapting your approach to the context and constraints of projects. 3. Delivering projects on scope, on time and on budget. 4. Cultivating the people skills, trust and leadership necessary to meet project requirements. 5. Earn the required 35 PDUs to take the PMP certification exam - - - - - - - - - - Who should take up this PMP® Certification Training Course? The PMP certification is an essential professional requirement for senior project manager roles across all industries. The course is best suited for: 1. Project Managers 2. Associate/Assistant Project Managers 3. Team Leads/Team Managers 4. Project Executives/Project Engineers 5. Software Developers 6. Any professional aspiring to be a Project Manager - - - - - - - - - - What types of projects will you complete during this PMP® Certification Training course? Our hands-on approach will guide you through four industry-based projects covering various concepts and scenarios. Project 1: Performance Enhancement and Scope Management Scenario: A client has requested improvements in their existing system’s performance. As the owner of the project, you will lead the project by examining the processes and the flow of activities from project initiation to close, demonstrating a well-defined scope, clear deliverables, budgets, and timelines. Domains covered include IN, PL, EX, M&C, and CL. Project 2: Time and Cost Management Scenario: You are working as a project manager with a software development company that requires a detailed new project. You will categorize the project into different phases, estimate the duration and budget the cost of the project. Domains covered include PL and M&C. Project 3: Project Selection Based on Risk assessment (A) Scenario: An automobile company wants to upgrade a line of cars and one of the requirements is to use special electronic auto parts. As the project manager, you will analyze the need to outsource various activities and offer relevant suggestions to management. Domains covered include PL, EX, M&C, and CL. Project 4: Project Selection Based on Risk assessment (B) Scenario: A software company is developing an application for telecom billing and you are designated the project manager. As a part of the planning process, you will look into the quality-related aspects of the project to ensure that the product meets expectations. Domains covered include PL, EX, M&C and CL. - - - - - - - - - - For more updates on courses and tips follow us on: - Facebook : https://www.facebook.com/Simplilearn - Twitter: https://twitter.com/simplilearn - LinkedIn: https://www.linkedin.com/company/simplilearn - Website: https://www.simplilearn.com Get the android app: http://bit.ly/1WlVo4u Get the iOS app: http://apple.co/1HIO5J0
Views: 7556 Simplilearn
PMP- PMBOK -  Quantitative Risk Analysis - Sensitivity Analysis using Tornado Diagrams
 
08:15
PMP- PMBOK - Quantitative Risk Analysis - Sensitivity Analysis using Tornado Diagram PMP® Certification Training: http://www.pmexpertinc.com/ www.pmexpertgroup.com For more updates on courses and tips follow us on: - Facebook :https://www.facebook.com/pmexpertinc/ -
Views: 2616 Pankaj Sharma
Qualitative vs quantitative risk analysis
 
03:00
Confused about ualitative and quantitative risk analysis? Watch the video, find out the difference! www.pmwars.com
Views: 10187 PMwars
RiskyProject: Project Risk Analysis and Risk Management Software Suite
 
04:18
RiskyProject is an integrated project risk management and risk analysis software. RiskyProject facilitates all steps of the project risk management process: risk identification, analysis, mitigation and response planning, and risk communication. RiskyProject performs both qualitative and quantitative risk analysis and includes schedule and cost risk analysis using Monte Carlo simulations. RiskyProject’s risk register covers the entire risk life cycle for project, program or portfolio risks: threats, opportunities, issues, and lessons learned with their properties. Risks can be assigned to project tasks and resources. The risks can impact not only project schedule and cost, but also performance, safety, security, and other risk categories. You can create and assign risk mitigation and response plans to any risks. RiskyProject is a scalable suite of products: RiskyProject Lite for schedule risk analysis, RiskyProject Professional for integrated project risk management and risk analysis, RiskyProject Enterprise for portfolio risk management and analysis on organizational level, and RiskyProject Cloud, which is web-base qualitative risk analysis and risk management software. For more information about project risk analysis and risk management software RiskyProject please visit www.intaver.com.
How to write a Risk Assessment
 
05:04
How to write a Risk Assessment, what a Risk Assessment is and how to download your free Risk Assessment from HSEDocs.com http://www.HSEDocs.com
Views: 147736 Simon Bennett
Module 15   Qualitative and Quantitative Project Risk Analyses
 
29:13
This series of videos help in understanding the PMBOK and all the concepts that are geared towards helping you have a better understanding of the processes and knowledge areas. These videos provide a deeper understanding. Project Management Professional (PMP) is a credential offered by the Project Management Institute (PMI).
Views: 1600 PMP Training
What are the different Risk Analysis Techniques
 
07:00
Risk is part and parcel of any project. Risk identification, analysis and management are the foundations of successful project management.Successful project leaders always do two things very well.First they accept and approach a new project with the idea that the project is totally new irrespective of the fact that there could be similarities between earlier projects handled and also the experience base of the team.Second they go through a systematic and through risk analysis of the project as though there is no tomorrow.These qualities enable them to appreciate the project challenges well ahead and they are invariably ready to face the challenges with suitable actions so that the project objectives are achieved as defined in the project charter. Project Management Body of Knowledge (PMBOK) by PMI also brings in very extensively as one of the nine knowledge areas that requires sufficient focus.An analysis of project management literature leads one to conclude that lack of clear risk understanding and management is the reason for the failure of majority of the projects, This is more so for complex and large projects.Risk , by nature ,is difficult for project managers to visualise due to their enthusiasm to go ahead and execute the projects. Also self interest and personal agenda of the project team lead to assessing issues and challenges optimistically rather than realistically.This focus of this web cast will be the understanding of risks from strategic and execution perspectives and dwell of the methodologies for handling the risks.
Views: 10050 TechGig
Step by Step Schedule Risk Analysis
 
55:40
Schedule risk analysis is often a requirement for planning and managing projects. On large projects this can be time consuming and the results are often hard to communicate. In this webinar, you will learn about few simple steps how to streamline your risk analysis and communicate the results. In this webinar you will learn how to: • ensure schedule quality • assign risks to the tasks • use groups and filters to quickly and uncertainties to activities • use results to add appropriate margin and management reserve to your plan. • communicate the analysis using histogram, cumulative probability, and various reports. About Intaver Institute: Intaver Institute Inc. develops project risk management and project risk analysis software. Intaver's flagship product is RiskyProject: project risk management software. RiskyProject integrates with Microsoft Project, Oracle Primavera, other project management software or can run standalone. RiskyProject comes in three configurations: RiskyProject Lite, RiskyProject Professional, and RiskyProject Enterprise. http://www.intaver.com/
How Monte Carlo Works
 
04:57
The video show basic concepts behind Monte Carlo project schedule risk analysis. Based on example of very simple project schedule this video demonstrates Monte Carlo sampling process. The video also shows basics steps of Monte Carlo simulation for the precedence network. The results of a Monte Carlo schedule risk analysis can be thought of as a risk adjusted project schedule. Risk adjusted project schedules can be created using mean duration, start and finish time, or a particular percentile of statistical distributions for start, finish time, and duration. It is very convenient to show a risk adjusted project schedule alongside the original deterministic (no uncertainties) project schedule. Both schedules can be shown on a single Gantt chart. Monte Carlo offers a universal method to analyze your schedule. It does not matter what combination of tasks you have and what distributions they have, Monte Carlo will be able to calculate an accurate, if probabilistic, answer. About Intaver Institute: Intaver Institute Inc. develops project risk management and project risk analysis software. Intaver's flagship product is RiskyProject: project risk management software. RiskyProject integrates with Microsoft Project, Oracle Primavera, other project management software or can run standalone. RiskyProject comes in three configurations: RiskyProject Lite, RiskyProject Professional, and RiskyProject Enterprise. http://www.intaver.com/
Views: 28458 Intaver Institute Inc.
"Managing risk in practice" workshop
 
35:49
David Hillson delivered a half-day risk workshop in Tehran in February 2016 for about 200 project management professionals. In this extract from the introduction, he outlines the basic principles of risk and summarises the risk process, before focusing on how to identify real risks and develop effective responses.
Views: 21930 RiskDoctorVideo
Project Risk Analysis and Risk Management Workflow
 
03:18
In this video we will demonstrate a step by step process of the project risk management and analysis workflow in RiskyProject. To process starts with a Project schedule. Project schedules can include activities, costs and resources. Project schedules can be created in RiskyProject or imported from other project scheduling software such as Microsoft Project or Oracle Primavera. In RiskyProject risks can be managed either at the project or project portfolio level. Each project has a risk register. If you are managing more than one project, they can be part of an Enterprise risk register. The project risk registers include all information about risks that could affect the project. Once risks have been identified and added to the risk registers, they can be assigned to a project’s tasks or resources. As part of this process, we can also create risk mitigation and response plans. These plans are stored in a common corporate repository. Once created, risk plans can be assigned to risks and become part of the risk management process. Once you have assigned risk to your project schedule, you run a Monte Carlo simulation to analyze the impacts of the risks. The Monte Carlo results will allow you to generate a risk adjusted schedule. The Monte Carlo simulations will help you perform risk ranking and prioritization. Another result of Monte Carlo simulations is project risk ranking. You can rank projects in your portfolio based on their risk exposure. This process iterates over the course of the project. During project execution, you can monitor your project which includes the monitoring and control of risks. As your project proceeds, you can update your risk register, mitigation and response plans, and run periodic Monte Carlo analysis to ensure that your project stay on time and budget. For more information about project risk management and risk analysis software RiskyProject please visit our web site www.intaver.com/
2 Quantitative risk analysis management @risk software Palisade by Dr Mehrdad Arashpour
 
08:09
This short video shows the second and third steps in a quantitative risk analysis: Designate outputs and define input statistical distributions. Please subscribe to this You Tube channel (Engineering Management Academy) for weekly updated videos about engineering and project management related topics. 10.6084/m9.figshare.4046892
What is RISK MANAGEMENT PLAN? What does RISK MANAGEMENT PLAN mean? RISK MANAGEMENT PLAN meaning
 
03:26
What is RISK MANAGEMENT PLAN? What does RISK MANAGEMENT PLAN mean? RISK MANAGEMENT PLAN meaning - RISK MANAGEMENT PLAN definition - RISK MANAGEMENT PLAN explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ A risk management plan is a document that a project manager prepares to foresee risks, estimate impacts, and define responses to issues. It also contains a risk assessment matrix. A risk is "an uncertain event or condition that, if it occurs, has a positive or negative effect on a project's objectives." Risk is inherent with any project, and project managers should assess risks continually and develop plans to address them. The risk management plan contains an analysis of likely risks with both high and low impact, as well as mitigation strategies to help the project avoid being derailed should common problems arise. Risk management plans should be periodically reviewed by the project team to avoid having the analysis become stale and not reflective of actual potential project risks. Most critically, risk management plans include a risk strategy. Broadly, there are four potential strategies, with numerous variations. Projects may choose to: Avoid risk – Change plans to circumvent the problem; Control/Mitigate risk; – Reduces impact or likelihood (or both) through intermediate steps; Accept risk – Take the chance of negative impact (or auto-insurance), eventually budget the cost (e.g. via a contingency budget line); Transfer risk – Outsource risk (or a portion of the risk – Share risk) to third party or parties that can manage the outcome. This is done financially through insurance contracts or hedging transactions, or operationally through outsourcing an activity. (Mnemonic: SARA for Share Avoid Reduce Accept, or A-CAT for "Avoid, Control, Accept, or Transfer") Risk management plans often include matrices. The United States Department of Defense, as part on, uses risk management planning that may have a Risk Management Plan document for the specific project. The general intent of the RMP in this context is to define the scope of risks to be tracked and means of documenting reports. It is also desired that there would be an integrated relationship to other processes. An example of this would be explaining which developmental tests verify risks of the design type were minimized are stated as part of the test and evaluation master plan. A further example would be instructions from 5000.2D that for programs that are part of a system of systems the risk management strategy shall specifically address integration and interoperability as a risk area. The RMP specific process and templates shift over time (e.g. the disappearance of 2002 documents Defense Finance and Accounting Service / System Risk Management Plan, and the SPAWAR Risk Management Process).
Views: 1641 The Audiopedia