Home
Search results “Qualitative risk analysis for project management”
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: 24576 PM Learning Solutions
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: 23879 Project Management
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: 753 What is PMP?
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.
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
Quantitative and Qualitative Risk Assessment - CompTIA Security+ SY0-401: 2.1
 
04:32
Security+ Training Course Index: http://professormesser.link/sy0401 Professor Messer’s Course Notes: http://professormesser.link/sy0401cn Frequently Asked Questions: http://professormesser.link/faq - - - - - Risk factors can take many forms. In this video, you’ll learn how to asses both quantitative and qualitative risk factors in your environment. - - - - - Download entire video course: http://professormesser.link/401adyt Get the course on MP3 audio: http://professormesser.link/401vdyt Subscribe to get the latest videos: http://professormesser.link/yt Calendar of live events: http://www.professormesser.com/calendar/ FOLLOW PROFESSOR MESSER: Professor Messer official website: http://www.professormesser.com/ Twitter: http://www.professormesser.com/twitter Facebook: http://www.professormesser.com/facebook Instagram: http://www.professormesser.com/instagram Google +: http://www.professormesser.com/googleplus
Views: 63487 Professor Messer
Drawn Out PM: Perform Qualitative Risk Analysis Process 6th Ed PMBOK
 
07:40
Part of the PM City interactive online course from The Crowd Training. More info and content at www.thecrowdtraining.com The Perform Qualitative Risk Analysis process is a process in the Project Risk Management knowledge area of the 6th edition of the Project Management Body of Knowledge or PMBOK. This video is a whiteboard animation to explain the inputs, outputs, tools and techniques of the process to help prepare you for the Project Management Professional - PMP - certification exam or the CAPM exam or to simply add to your understanding of managing risks in a project. The inputs include, project management plan, project documents, enterprise environmental factors, and organizational process assets. The tools and techs include, expert judgment, data gathering, data analysis, interpersonal skills and team skills, risk categorization, data representation, and meetings. The output is updates to the project documents.
Views: 199 The Crowd Training
Qualitative and Quantitative Risk Analysis: What's the Difference?
 
03:47
https://www.projectriskcoach.com presents: Qualitative and Quantitative Risk Analysis: What's the Difference? 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: 312 Harry Hall
Evaluating Risks Using Qualitative Risk Analysis
 
05:03
Learn more about evaluating project risks at http://www.pmsouth.com/?p=232 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/pmsouth77/ Twitter: https://twitter.com/harrythall
Views: 3449 Harry Hall
Qualitative Risk Analysis Part 4
 
02:04
Qualitative risk analysis boosts the chances for project success dramatically. If I were to choose one thing to improve my project management - it would be it. Qualitative risk analysis process is quite simple and does not require much specific knowledge. In this video we will discuss the outputs and results of the risk analysis.
Chapter 11 -  Qualitative Risk Analysis
 
16:25
Online Project Management education for individuals, schools, and businesses. Video classes, sample exams, articles, tips , games and more! Visit us! http://newinpm.com Facebook https://www.facebook.com/capmpreparation Linkedin http://www.linkedin.com/groups?gid=4987477 Google+ https://plus.google.com/+Newinpm/ 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.
Views: 1186 NEW In PM
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: 13212 PMwars
82. PMP | Perform Qualitative Risk Analysis Overview
 
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: 1385 Kavin Kumar
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: 12253 RiskDoctorVideo
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 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: 11512 TechGig
29- What Is Qualitative Approach In Risk Analysis In Software Engineering In HINDI
 
07:25
What Is Qualitative Approach In Risk Analysis In Software Engineering In HINDI: Qualitative analysis allows the main risk sources or factors to be identified. This can be done for example- brainstorming sessions- interviews - checklists When a qualitative risk analysis is performed, risk rating can be used an indication of the potential importance of risks on the program and mainly expressed as low, medium, and high(or Possibly low, medium low, medium, medium high, and high). 27- What is a Risk Analysis and Risk And Categories of Risk in Software Engineering https://youtu.be/b9DKxV29PTc 28- Risk Analysis - Types Of Risk in Software Project Development in Software Engineering https://youtu.be/QoYctKYZtto Website: http://www.tutorialsspace.com Instagram https://www.instagram.com/tutorialsspace/ #SoftwareEngineering, #SoftwareEngineeringLectures, #SoftwareEngineeringLecturesInHindi, #SoftwareEngineeringTutorialsInHindi, #SoftwareEngineeringTutorials,
Views: 4852 tutorialsspace
Qualitative and Quantitative Risk Analysis
 
01:31
Project Management Assignment 1
Views: 2941 syahirah shaari
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: 7096 Harry Hall
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: 1912 PMP Training
Qualitative Risk Analysis: Two Simple Methods
 
04:02
https://www.projectriskcoach.com presents: Qualitative Risk Analysis: Two Simple Methods READ Evaluating Risks Using Qualitative Risk Analysis: https://projectriskcoach.com/evaluating-risks-using-qualitative-risk-analysis/ 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: 78 Harry Hall
Qualitative Risk Analysis Part 3
 
01:50
Qualitative risk analysis boosts the chances for project success dramatically. If I were to choose one thing to improve my project management - it would be it. Qualitative risk analysis process is quite simple and does not require much specific knowledge. In this video we will discuss how to risk analysis happens in real life.
Qualitative Risk Analysis Part 1
 
02:36
Qualitative risk analysis boosts the chances for project success dramatically. If I were to choose one thing to improve my project management - it would be it. Qualitative risk analysis process is quite simple and does not require much specific knowledge. In this video we will talk about several definitions before we get into details of the analysis.
pmp qualitative risk techniques
 
09:31
https://www.pm-primer.com grasp the techniques used to assess PMBOK qualitative risk - then pass your PMP Exam at first Try!
Views: 257 Projex Academy
Perform Qualitative and Quantitative Risk Analysis | PMP Online Tutorial for Beginners
 
26:47
PMP Training & Certification provided Online from USA industry expert trainers with real time project experience. This video is a Video recording of a Live Webinar presentation done by our Sr. PMP Trainer who is also a Manager. COURSE PAGE: https://www.zarantech.com/pmp-training/ REGISTER FOR FREE LIVE DEMO: http://promo.zarantech.com/free-webinar-pmp/ CONTACT: +1 (515) 309-7846 (or) Email - [email protected] Get More Free Videos - Subscribe ➜ https://goo.gl/5ZqDML "pmp tutorial" "free pmp training" "online pmp training" "Best pmp training" "pmp training for Beginners" "Best pmp Training" Reviews / Testimonials from past trainees are saying: https://goo.gl/ZVfnE4 Refer your friends to ZaranTech - http://www.zarantech.com/be-a-friend-tell-a-friend. -~-~~-~~~-~~-~- Please watch: "High Demand for SAP HANA 2.0 Certified Consultants | HANA 2.0 Training | HANA 2.0 for Beginners" https://www.youtube.com/watch?v=PO7MPIVxEhg -~-~~-~~~-~~-~- Whatsapp: http://bit.ly/2uSFzuJ
Views: 685 ZaranTech
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.
Prioritize project risks  using Qualitative Risk analysis
 
16:32
Prioritize risks into high, medium and low priority categories - Effectively utilize your resources and budget to address the risks in the order of their priority through using below techniques 1 Probability and impact matrix 2 Hierarchical charts 3 Expert Judgement
Views: 311 Krishnamurty Pammi
Perform Qualitative Risk
 
02:44
Perform Qualitative Risk Analysis is one of the 42 project management processes described in the fourth edition PMBOK®. ...- Daniel LaMendola
Views: 3162 tsiweb
3-  Perform Qualitative Risk Analysis
 
11:01
- محاضرات مراجعة وحل اسئلة للإعداد لاجتياز امتحان محترف إدارة مشروعات Video Sessions and Solving Questions for preparation to pass PMP exam. - للحصول على شرح كامل لكل شابتر مع حل اسئله على كل شابتروالحصول على شهاده حضور 35 ساعة من خلال هذا الرابط :- https://www.udemy.com/pmp-preparation-course-6th-edition/?couponCode=6EDITION - للحصول على كورس اسئلة مجانية على كل Knowledge Area من خلال هذه الرابط :- https://www.udemy.com/pmp-questions/?couponCode=PMP.YTF.2018 - للحصول على امتحاناتى + اسئله على مهام مدير المشروع من خلال هذه الرابط :- For My Full Exams + Questions For Exam Content Outline From this link https://www.udemy.com/pmp-200-real-questions-one-real-exam/?couponCode=PMP.YT.2018 - جروب المذاكرة على الفيس بوك https://www.facebook.com/groups/PMPTRICKS/ - متنسوش تعملو Subscribe للقناة وتفعلو زر التنبيهات علشان يوصلكو اخر فديوهاتى.
Views: 1803 SAYED MOHSEN PMP
Project Management - Quantitative Risk Analysis
 
02:37
-- Created using PowToon -- Free sign up at http://www.powtoon.com/youtube/ -- Create animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
Views: 14 norsyahira najwa
Qualitative Risk Analysis | M-Training
 
02:31
The importance of qualitative risk analysis is typically underestimated as part of a financial analysis. Understanding the macroeconomic, political, regulatory, industry and company specific risks is crucial as part of a financial analysis. In the M-Training videos, we will be covering the following topics: Credit Analysis Project Finance Infrastructure Finance Real Estate Training Corporate Banking Financial Analysis Financial Markets
Views: 10 M-Training
Qualitative Risk Analysis Part 2
 
02:31
Qualitative risk analysis boosts the chances for project success dramatically. If I were to choose one thing to improve my project management - it would be it. Qualitative risk analysis process is quite simple and does not require much specific knowledge. In this video we will talk about Impact and Probability, and Risk Matrix.
"PMP": Performance Quantitative Risk Analysis | Expected Monetary Value Analysis | tutorial - ExcelR
 
01:03:57
ExcelR: This Video tells about Project Risk Management is an uncertain event or condition that, if it occurs, has a positive or negative effect on a project's objectives. Things you will learn in this video 1)What is Performance Quantitative Risk Analysis? 2)Data Gathering and Representation Techniques 3)What are Tools and Techniques in Quantitative Risk Analysis? 4)Quantitative Risk Analysis Modeling Techniques i)Sensitivity Analysis ii)Expected Monetary Value Analysis iii)Modeling and Stimulation 5)Risk Responses and Control Risks To buy eLearning course on PMP click here https://goo.gl/eUh9jv To enroll for the virtual online course click here https://goo.gl/oyFoH1 To register for classroom training click here https://goo.gl/UyU2ve SUBSCRIBE HERE for more updates: https://goo.gl/WKNNPx For Introduction To Risk Management Plan Click Here https://goo.gl/9E27wr For Introduction To Integration Management Click Here https://goo.gl/oxPgCo For Introduction To Human Resource Management Click Here https://goo.gl/E1BqTe #PMP #ProjectRiskManagement #ExcelRSolutions #RiskManagementplan #PMPtutorial #PMPforbeginners #PMPcourse ----- For More Information: Toll Free (IND) : 1800 212 2120 | +91 80080 09706 Malaysia: 60 11 3799 1378 USA: 001-844-392-3571 UK: 0044 203 514 6638 AUS: 006 128 520-3240 Email: [email protected] Web: www.excelr.com Connect with us: Facebook: https://www.facebook.com/ExcelR/ LinkedIn: https://www.linkedin.com/company/exce... Twitter: https://twitter.com/ExcelrS G+: https://plus.google.com/+ExcelRSolutions
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: 31353 Intaver Institute Inc.
QUALITATIVE VS QUANTITATIVE RISK ANALYSIS
 
06:03
WELCOME TO CISA-THIS-MUCH, A ONE STOP SOLUTION FOR CISA ASPIRANTS WHERE WE WILL DISCUSS COMPLETE THEORY WITH Q&A
Views: 193 CISA-THIS-MUCH
Perform Qualitative Risk Analysis: Inputs, Tool & Techniques, Outputs
 
06:36
Want more? You can take my FREE course: How to Actually Perform a Qualitative Risk Analysis: http://bit.ly/2t3Y6WS More Resources 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: 80 Harry Hall
Qualitative Risk Analysis
 
08:08
As I said earlier it is always good to be ready for any risk so we need to have this risk strategies are very early into the project. Now if you remember in slide number 3 or 4 I did say that I am going to touch up on probability and impact mappings this is what which I said earlier I also said that I am going to talk about scared risk about little bit 10, 15 minutes back.
Views: 2809 TechGig
Project Risk Management
 
11:52
Introduction to Project Risk Management with brief on process: a. Plan Risk Management b. Identify Risks c. Qualitative Risk Analysis d. Quantitative Risk Analysis e. Plan risk responses f. Control risks https://www.educba.com/
Views: 15 eduCBA
11.6 Monitor and Control Risks Process | Project Risk Management || whatispmp.com
 
14:33
Monitor and Control Risks Process | Project Risk Management. Check out link ►► https://whatispmp.com/monitor-and-control-risks-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/ ~~~~~~~~~~~~~~~~~~~~~~~~~ 11.6 Monitor and Control Risks Process | Project Risk Management Knowledge Area. ~~~~~~~~~~~~~~~~~~~~~~~~~ Project risks do not remain static once the risk planning processes are completed. New risks crop up, responses may not work as planned, and the characteristics of risks might change. The risk monitoring and control process begins as soon as risk planning starts and continues until project closure. Activities in the Monitor and Control Risks process include: Watching for new risks. Analyzing identified risks for changes in probability or impact. Determining the need to execute contingency or fallback plans. Reviewing risk response actions and their effectiveness for risks that are underway, and if necessary determining the need to implement fallback plans. Keeping a close eye on the risk watchlist. Monitoring residual risks. Watching for any assumptions that aren't holding true. Making sure the risk management plan and risk management policies and procedures are followed. Analyzing risk data, identifying trends, and producing risk reports. Ensuring that appropriate records are maintained, including lessons learned documentation about risks. Instigating recommended changes and preventative or corrective actions as a response to results uncovered from risk monitoring and control. Monitor and Control Risks Process Decomposition 11.6.1 Monitor and Control Risks: 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. Project 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. Work performance information Schedule and progress status information, budget and cost status, quality status, estimates to complete, resource utilization information, and lessons learned. Any of this information can is useful for risk monitoring and control. Performance reports Performance reports provide information on schedule performance. They also can serve as alerts of current or potential problems, which impact individual and overall risk. 11.6.2 Monitor and Control Risks: Tools and Techniques Risk reassessment Risk reassessment monitors identified risks for changes as well as watching for new risks. Check out link ►► http://www.whatispmp.com/monitor-and-control-risks-process/ ============================ Share video: https://youtu.be/3tK0P2dp53Y ============================ 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/3tK0P2dp53Y ============================ What is PMP, PMP Training, PMP Certification, PMP Exam Preparation, Project Management Professional Course.
Views: 500 What is PMP?
Plan risk management
 
10:03
This mindmap is for the students of project management who are using the thepmdistilledguide for their project management learning. This mindmap explains the key elements of riskmanagement activities under the planning process group. First we identify the risks. Then performs qualitative risk analysis, quantitative risk analysis and risk response planning. if you are interested to join the course, please join www.pmricampus.com
Views: 284 thepmdistilledguide
Fundamentals Of Quantitative Risk Assessment
 
03:52
Quantitative Risk Assessment (QRA) is a valuable tool for determining the risk of the use, handling, transport and storage of dangerous substances. QRAs are used to demonstrate the risk associated with the facility and to provide competent authorities with relevant information to enable decisions on the acceptability of risk related to developments on site, around the establishment or transport route. QRA is a formalized specialist method for calculating individual, environmental, employee and public risk levels for comparison with regulatory risk criteria.
Views: 1719 Chola Ms
11 4 Perform Quantitative Risk Analysis
 
06:30
http://optimatrain.com/ Subscribe and watch all of our free videos on our YouTube channel! You will become a valuable knowledge worker in your company or a much better student if you watch and follow along with our instructor as he teaches. To download the exercise files and to watch the complete course, go to http://optimatrain.com/LMS/course/project-management-professional-pmp-exam-preparation-certified-associate-in-project-management-capm/ and click on the TAKE THIS COURSE button on the top right hand corner. Apply Coupon Code rb001 to get 70% off today!
Risk Management: Risk Analysis
 
06:11
Once you have identified your project's risks, you must analyze them to determine what, if any, action you should take to mitigate or eliminate their effect. http://4pm.com/business-project-management/advanced-business-project-management-103/ This can be a very simple qualitative risk analysis or an elaborate quantitative risk analysis.
PMP®  | Plan Risk Management | Project Risk Management
 
12:37
Plan risk management creates risk management plan. This process mainly ensures that degree and visibility of risk management plan are according to the importance of the project. Watch the complete video to see how the risk management plan is developed to manage risk activities throughout the project This video is based on PMBOK® Guide Fifth Edition. We have complete PMBOK® Guide Sixth Edition program, for more details please visit: https://www.izenbridge.com/pmp/online-course/ For any PMP® exam-related concept discussion, you can participate in iZenBridge forum: forum.iZenBridge.com