PMI-RMP Certification Training - Key Takeaways - Plan Risk Management

The video tutorial covers an introduction to risk, including definitions and management strategies. It discusses risk factors, types of risk, and the concepts of risk appetite and tolerance. The tutorial also explains risk profiling, attitude, budgeting, and triggers, emphasizing their importance for certification exams. Finally, it provides an overview of risk management and the planned risk management process.

What is the importance of understanding risk in project management?

Can you explain the difference between positive and negative risks?

What are risk appetite and tolerance, and why are they important?

What is risk profiling and how does it relate to risk management?

Describe the planned risk management process.