Risk Management Process! Risk events on project activities affect the time, cost, scope, and quality
The Risk Management Process includes:
Identify Risks
Risk assessment
Risk response design
Risk monitoring and control
Topics discussed:
Risk Management Process, Project risks, risk definition, risk and wbs, risk and triple constraint, project management, operations management lessons, flowcharting mapping, project scheduling, Project network, AON diagram, Activity-on-node diagram, Precedence Diagramming Method, activity sequencing, precedence relationship, Predecessor Activity, Successor Activity, risk breakdown structure, project activity risk, project overall risk