PMBOK® Risk Management Processes
{"Image DocumentName": "PMBOK\u00ae Risk Management Processes", "Image ImageDescription": "Risk management planning. Determining how to approach and plan the project risk management activities. An output of this process is the development of a risk management plan. Risk identification. Deciding which risks can impact the project. Risk identification generally includes many of the project stakeholders and requires an understanding of the project\u2019s goal, as well as the project\u2019s scope, schedule, budget, and quality objectives. Qualitative risk analysis. Focusing on a qualitative analysis concerning the impact and likelihood of the risks that were identified. Quantitative risk analysis. Using a quantitative approach for developing a probabilistic model for understanding and responding to the risks identified. Risk response planning. Developing procedures and techniques to reduce the threats of risks, while enhancing the likelihood of opportunities. Risk monitoring and control. Providing an early warning system to monitor identified risks and any new risks. This system ensures that risk responses have been implemented as planned and had the effect as intended.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}