Analyzing Risk (PMBOK6 Aligned)

The Risk Management Certification Program (PMI-RMP) - (PMBOK6 Aligned)

4.15 (112 reviews)
Udemy
platform
English
language
Project Management
category
9,738
students
2.5 hours
content
Nov 2023
last update
$59.99
regular price

What you will learn

Recognize the inputs you use to perform qualitative risk analysis.

Identify the tools and techniques you can use for the Perform Qualitative Risk Analysis process.

Prioritize risks based on given probability and impact ratings.

Recognize project documents that may need to be updated as a result of qualitative risk analysis.

Recognize the inputs to the Perform Quantitative Risk Analysis process.

Recognize examples of information you should gather about risks during an interview.

Identify the four common types of continuous distribution.

Identify the purpose of sensitivity analysis.

Calculate the expected monetary value of a risk.

Describe how to interpret a cost risk simulation graph.

Identify the sections of the risk report you typically update as a result of the Perform Quantitative Risk Analysis process.

Demonstrate your understanding of how to perform qualitative and quantitative risk analysis for your project.

Description

The course on Analyzing Risk is part of a series of courses that together form the Risk Management Certification Program (PMI-RMP). The Program is PMBOK6 aligned and includes the courses on Identifying Risk, Analyzing Risk and Responding to Risk.

What will you learn

After completing the course on Identifying Risk you will be able to:

  • recognize the inputs you use to perform qualitative risk analysis,

  • identify the tools and techniques you can use for the Perform Qualitative Risk Analysis process,

  • prioritize risks based on given probability and impact ratings,

  • recognize project documents that may need to be updated as a result of qualitative risk analysis,

  • recognize the inputs to the Perform Quantitative Risk Analysis process,

  • recognize examples of information you should gather about risks during an interview,

  • identify the four common types of continuous distribution,

  • identify the purpose of sensitivity analysis,

  • calculate the expected monetary value of a risk,

  • describe how to interpret a cost risk simulation graph,

  • identify the sections of the risk report you typically update as a result of the Perform Quantitative Risk Analysis process,

  • demonstrate your understanding of how to perform qualitative and quantitative risk analysis for your project.

Who is your instructor

My name is Sorin, and I will be your instructor. I am a trainer and project manager with more than 10 years of experience. Before Udemy, I trained hundreds of people in a classroom environment – civil servants, managers, project workers, aid workers and many more. And I managed projects in the fields of justice, corrections, regional development and human resources development.

How will you benefit

All instructional activities will earn you the necessary for PMI certification and credential maintenance if you already are a certified PMI Risk Management Professional or Project Management Professional. If you are a project professional and you want to improve your risk management skills, this course is for you. If you are an entrepreneur, a student, a manager or, you just want to learn and develop risk management skills, this course is for you. 

Now, go ahead and press that "Take this course" button and see you on the inside! 

Content

Analyzing Risk

Course Overview
Program Overview
Course Guidelines
Perform Qualitative Risk Analysis: Inputs, Tools & Techniques, and Outputs
Perform Qualitative Risk Analysis: Data Flow Diagram
Inputs to Perform Qualitative Risk Analysis
Qualitative Risk Analysis Tools and Techniques
Risk Probability and Impact Assessment
Outputs of Perform Qualitative Risk Analysis
Perform Quantitative Risk Analysis: Inputs, Tools & Techniques, and Outputs
Perform Quantitative Risk Analysis: Data Flow Diagram
Inputs to Perform Quantitative Risk Analysis
Gathering Quantitative Risk Data
Representing Uncertainty
Sensitivity Analysis for Quantitative Data
Decision Tree Analysis
Simulations
Example S-Curve from Quantitative Cost Risk Analysis
Example Tornado Diagram
Example Decision Tree
Risk Report Updates
Exercise - Analyzing Risk Data (1)
Exercise - Analyzing Risk Data (2)
Course Project (optional)
Analyzing Risk
Analyzing Risk
PMI Certification Info
Bonus Lecture

Screenshots

Analyzing Risk (PMBOK6 Aligned) - Screenshot_01Analyzing Risk (PMBOK6 Aligned) - Screenshot_02Analyzing Risk (PMBOK6 Aligned) - Screenshot_03Analyzing Risk (PMBOK6 Aligned) - Screenshot_04

Reviews

Noelle
September 27, 2022
I am currently taking this course for my PMP certification and I am learning a lot about risk. It has been a good refresher course for me to ensure that I'm up to date on how to approach risk management in the project. I like that this course is also aligned with the PMBOK6 project management standard, so I know I have the right tools and knowledge to tackle any risk management need.
Mackenzie
July 28, 2022
This course has been a great help to me, it is very well structured and has a lot of great content. I especially like how the instructor explains everything, very clearly and is great at answering questions that you may have. This course helps you understand how to manage project risks and how to analyze them. I highly recommend it.
Hellen
July 28, 2022
I took the Analyzing Risk (PMBOK6 Aligned) course by Sorin Dumitrascu and it was excellent! The course was very well organized and the instructor was very knowledgeable. The course covered all of the key topics related to risk analysis and provided a lot of real world examples. I would highly recommend this course to anyone who wants to learn more about risk analysis.
Bridgette
July 28, 2022
I thoroughly enjoyed this course! It was extremely informative and taught me a lot about analyzing risk. The instructor, Sorin Dumitrascu, is very knowledgeable and has a lot of experience in the field. He makes learning fun and easy to understand. I would definitely recommend this course to anyone looking to learn more about risk analysis.
Joseph
July 28, 2022
I have to say, I'm really loving all the courses I've been taking on Udemy. This one is one of my favorites as well as the Risk Management Course from the Project Management Institute (PMI). It's great how the course is structured and how it covers so much information in the form of videos and notes. I highly recommend it to anyone who's interested in risk management.
Chloe
July 27, 2022
This is a great course for anyone who wants to learn about the risk management process. The instructor is very knowledgeable about the subject and he makes it easy to understand. In this course, he shows how the risk management process works from a project manager's perspective and from a project team member's perspective. The instructor also shows how to perform a risk assessment using different techniques. He also shows how to evaluate and prioritize risks. Great course!
Anna
July 26, 2022
I had been looking for a course on how to properly analyze risks for a while and I'm glad I stumbled upon this. The course is well-organized, the instructor is clear and engaging, and the material is presented in a way that makes it easy to grasp and apply. The course covers the entire process of identifying and analyzing risks, from the very first steps of understanding project objectives and identifying the project's scope to the final steps of assigning the risks to the appropriate categories and determining the probability of each occurring.
Randall
July 25, 2022
This was a great course on risk that provides a nice overview of the topic. I like that it is a course that is aligned with the PMBOK6 and reflects the current risk management standards. The instructor was helpful and patient, and made the course really easy to navigate.
Paige
July 24, 2022
I love this course because it is so easy to use. I am able to follow along with the video lectures and I can also pause them and take notes. The instructor is a top-notch professor and I always learn new things from the course. The course is also very affordable because of its lifetime access. I am so glad that I found this course and would recommend it to anyone looking for a course on risk analysis.
Cecily
July 23, 2022
I found this course to be extremely helpful for myself as I am working toward my PMP certification. The instructor was very clear and concise and explains all the material in a way that is easy to understand and digest. The course has a ton of valuable information that is relevant to the exam and the PMBOK, giving you a clear understanding on how to analyze risks and how to prioritize them. I would highly recommend this course to anyone looking to gain a better understanding of how to analyze risks and the process behind it.
Roberts
July 22, 2022
I really enjoyed this course! The instructor, Sorin Dumitrascu, is very knowledgeable and provides a lot of real-world examples to help illustrate the concepts. The course is well-organized and easy to follow. I would definitely recommend it to anyone looking to learn more about risk analysis.
Sarah
July 22, 2022
The instructor is engaging and uses great examples to explain his ideas. He also uses a lot of visuals and examples to help you understand a lot of the concepts. He speaks at a good pace, and does not make you feel lost or confused at any point throughout the course. He also does not go too fast to where you are unable to take in the content. The course is also very organized and laid out in an easy to follow manner.
Megan
July 22, 2022
I'm a project manager and I use the PMBOK6 guide for reference. This course is a great way for me to brush up on my knowledge of the PMBOK6 guide. I was able to learn a lot of new things about risk identification and analysis. This course is definitely worth the time and money.
Sarah
July 20, 2022
I was looking for a course on risk analysis that is PMBOK 6 aligned and I found this on Udemy. This course will teach you all about the risks that come up in projects, what you need to know about them, and how to deal with them. It's a great course with a great instructor who is very knowledgeable and has tons of experience in the field of risk analysis. The course is only $10.99 and comes with a 30-day money back guarantee.
Silvia
July 16, 2022
I am taking this course to help me prepare for the PMP exam. I have found the instructor to be very knowledgeable and the course content to be very helpful. I have learned a lot from this course, and I would recommend it to anyone who is looking to gain a better understanding of the basics of risk management.

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2173322
udemy ID
1/24/2019
course created date
11/22/2019
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