PMI-RMP Certification Training - Updated Risk Register

The video tutorial discusses the process of risk analysis in project management, focusing on calculating the Risk Priority Number (RPN) and updating the risk register. It emphasizes the importance of qualitative risk analysis, prioritizing risks, and categorizing them to identify areas of concentration. The tutorial also covers managing risks that require immediate attention, those needing further analysis, and maintaining a watch list for low priority risks. Finally, it highlights the significance of observing trends in risk analysis to adjust responses accordingly.

What is the purpose of calculating the Risk Priority Number (RPN)?

How can risks be organized and prioritized in a risk register?

What are the benefits of grouping risks by categories?

What should be done with risks that require a near-term response?

Why is it important to keep track of trends in qualitative risk analysis results?