Learn PRINCE2 Risk Management in 22 Minutes Flat!

[@rajansood1122]

Very well explained... highly interactive; much better than boring text book...

[@happypenguinman]

You are an actual legend

[@josh2045]

Fantastic video, extremely informative!

[@dagwould]

Notwithstanding my comment below, this is a very helpful presentation. One technique I use is to 'cross' the RBS and the PESTLE categories (I use other, similar categories that are more project-based), and at high level, cross the RBS and the PBS/WBS. Then the risk sensitivity for the project outturn are identified as High, Low, Maybe for further analysis.

[@ujsray15]

I really like the way Dave explains it

[@msond177]

same here !

[@sineadkenny1060]

These are a terrific resource - would be wonderful if they could be numbered in sequence. I find it hard to follow.

[@bellablassa]

Great video!Thank you so much !!!

[@galiabozova6696]

Thank you very much! Very useful!

[@Adam-ui3ot]

Dave, is this on your website? I am signed up to some courses are these kind of video’s within the Prince2 foundation or practical courses?

[@zihanjj]

absolutely awesome..

[@dagwould]

Be aware that the probability-impact grid has to recognize error margins. It becomes very easy for an error to push a risk across the decision margin without being detected. This will result in either under or over allocation or resources. See Tony Cox's paper on matrix errors in Risk Analysis journal.

[@dagwould]

The conflation of uncertainty and risk is unhelpful. Prince2 should clean this up as it borders on the nonsensical. Imagine, there's a risk that all the suppliers cut their prices and turn up early. How will we manage that risk? I just wonder what type of funny cigarettes the P2 people have been smoking. Oops. There's a risk that I might have more fun than I anticipated on my walk.