PMI-RMP Certification Training - Monitor Risk Process Documentation and Project Closure

The video tutorial covers risk management in projects, focusing on documentation, evaluation, and closure processes. It discusses how to document risk occurrences, evaluate risk status, and update the risk register. At project closure, an integrated analysis of risk management processes is recommended to identify lessons for future projects. Reflective questions and key takeaways are provided to reinforce learning.

What type of information should be documented in risk management?

• None of the above

• Only planned risks

• Frequency and impact of risks

• Only the time of occurrence

Which of the following is NOT a risk management strategy?

• Avoidance

• Exploitation

• Transference

• Ignorance

What is the purpose of updating the risk register?

• To delete old risks

• To add new risks only

• To ignore resolved risks

• To modify the status of each risk event

Why is integrated analysis important at project closure?

• To increase project costs

• For long-term process improvements

• To delay project timelines

• To reduce project scope

What should be ensured for each risk at project closure?

• That it was ignored

• That it was documented in the risk register

• That it was forgotten

• That it was escalated