The Ultimate Guide to Project Risk Management: 45 Min Tutorial + Template

What is risk? Risk management, risk register, managing risks, project risk analysis, identifying risks, analyzing risks, mitigating risks, risk response plan, how to manage risks
Learn project risk management using a risk register by applying risk analysis techniques; risk identification, risk analysis, risk response planning. Calculate the risk PI score using a PI matrix based on probability and impact of a risk or opportunity. Learn to evaluate the EMV (Expected Monetary Value) for a risk. Download the free risk register template and use it on your next project.
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[@sixsixbell]

Great and insightful risk management breakdown... thank you Edward, you hit this at it's core.

[@ProjectManagementVideos]

You're very welcome and THANK YOU for watching and commenting!

[@NicolaSelenu]

Incredible video. Hands down the best and most educational piece of content on the matter. You rock, Edward!

[@ProjectManagementVideos]

Wow, thanks!

[@ProjectManagementVideos]

Hi...I would like to invite you to watch my latest video training series on PMI Risk Management Professional at kzbin.info/www/bejne/aJvYmo2Mirppaas Thank you for watching!

[@clevelandtradingwww9164]

Amazing walk through on the risk register - I've liked and subscribed, recently got a new role as a ITPM and learning new techniques from your channel.

[@ProjectManagementVideos]

Glad to hear that! Let me know when I can be of help.

[@ProjectManagementVideos]

Hi...I would like to invite you to watch my latest video training series on PMI Risk Management Professional at kzbin.info/www/bejne/aJvYmo2Mirppaas Thank you for watching!

[@andrewgeorge5672]

A very impressive lecture. I have seen this channel before. Thank you very much.

[@ProjectManagementVideos]

Glad you liked it. And thanks for watching!

[@ProjectManagementVideos]

Hi...I would like to invite you to watch my latest video training series on PMI Risk Management Professional at kzbin.info/www/bejne/aJvYmo2Mirppaas Thank you for watching!

[@nadhiraal-habsi2170]

Thank you for the information Edward. I have a question regarding residual risk column, do we fill up that after mitigation being implemented or we put the expected residual post mitigation

[@ProjectManagementVideos]

You put the expected residual risk post mitigation. This is done in planning before executing on the mitigation plans

[@ProjectManagementVideos]

Hi...I would like to invite you to watch my latest video training series on PMI Risk Management Professional at kzbin.info/www/bejne/aJvYmo2Mirppaas Thank you for watching!

[@Urmy998]

Dear Mr. Shehab Could kindly consider talking in details about WBS? I watched your video on WBS and learned a lot on how to develop one , could you tell us how to distract all possible statistical Reports and Diagramms? could you also please share with us an example or template of Risk Report? is it different from the Risk Register? Kind regards , Guilda..

[@ProjectManagementVideos]

I will see what I can do. Thanks for the suggestion. The risk report would be different from the register, but probably extracted from it.

[@Urmy998]

Amazing Explanation.Many Thanks. Guilda.

[@ProjectManagementVideos]

Most welcome Guilda! Happy to hear from you. I am wondering if anyone will actually make it to the end of the video without jumping out or skipping. What do you think?

[@Urmy998]

@@ProjectManagementVideos I hope every one will including me.I'm following all your series video on PMP and I'm so sure I will pass the exam and I will certainly keep learning from your rich experience and knowledge that you are willing to share. All my Respect.

[@ProjectManagementVideos]

Hi...I would like to invite you to watch my latest video training series on PMI Risk Management Professional at kzbin.info/www/bejne/aJvYmo2Mirppaas Thank you for watching!

[@debbiebutcher8761]

Hi Edward, do you have anything on using parent risks?

[@ProjectManagementVideos]

Not sure what you mean?

[@debbiebutcher8761]

Hi Edward, I have just watched your video and liked and subscribed....well done. One thing I need to be sure of is the following: my employer uses the risk assessment of probability x impact, but do not reduce the overall risk marking as the mitigation’s for that risk are achieved. So the risk marking remains the same until the all of the mitigation’s are cleared. I think this is incorrect and the risk marking should reduce as we progress through the process. Grateful for your response, and hope this makes sense. Kindest, Steve

[@ProjectManagementVideos]

Hi Debbie…your employer should include columns to record the expected probability and impact of risks post mitigation. If either the P or I is reduced, the risk score and priority should also reduce. Doing this allows us to assess the current level of risk after we have completed some mitigation steps.

[@ProjectManagementVideos]

Hi...I would like to invite you to watch my latest video training series on PMI Risk Management Professional at kzbin.info/www/bejne/aJvYmo2Mirppaas Thank you for watching!

[@alaaqat465]

Hello... thanks for your efforts.. this is of very much help for our study. I am unable to watch the videos starting the 21st.. any help is highly appreciated...

[@ProjectManagementVideos]

Hi. The remaining videos are for the members only. These are paid members. Membership fees help support the work I am going 🤓

[@alaaqat465]

@@ProjectManagementVideos ok... thanks i think we should be members to get the maximum benefits of these valuable education 😉😉