All projects experience some degree of risk throughout the project lifecycle. Risk can be negative, in the form of a threat to a project; or positive, in the form of an opportunity. Perform Risk Analysis is the process of prioritizing risks for further analysis or action by combining and assessing the probability and impact of risk's occurrence. While risk exists within every project, the degree of risk based on probability and impact is what helps determine the type of corrective or preventive action that the project team will perform. Within this course, you will review process inputs, tools, techniques and outputs attributed to the Perform Risk Analysis process.
Materials in this class are based on the text, A Guide to the Project Management Body of Knowledge, (PMBOK® Guide)