Risk Management 101 for IT Professionals Essential Concepts - Risk Register Walk-Through

The video tutorial explains the structure and use of a spreadsheet-based risk register, highlighting its sections: risk identification, risk response, and risk status. It emphasizes the importance of maintaining a living document that is regularly updated. The tutorial provides examples of risks and issues, demonstrating how to document them effectively. It also discusses the difference between risks and issues, and the importance of using an if-then format for risk descriptions. The video encourages viewers to download and interact with the provided risk register template to better understand its application.

How often should a risk register be reviewed and updated?

What is the role of the risk owner in a risk register?

Provide an example of a risk and its corresponding response from the text.

What is the difference between a risk and an issue as described in the text?