risk management pmp Difference between Contingency Plan and Fallback Plan 4 years ago https://youtu.be/JmB6GNt8JF8 Contingency Plan and Fallback Plan might seem similar but they are two different plans that are deployed at different… What is a Risk Audit? 5 years ago https://www.youtube.com/watch?v=kMUlqw7ca2Y In this Lounge Fever video, I am answering a subscriber question on the topic of Risk Audit RELATED LINKS… Secondary Risks | Residual Risks | Workaround | Business Risks | Pure Risks 6 years ago https://youtu.be/lTLdkpcPwGg Secondary Risks Secondary risks are the risks that arise when you mitigate an original risk. For example, if you… Plan Risk Responses Process 6 years ago https://youtu.be/8tZVKO4xfiw By now you would have realized that there is a lot of planning required in the Risk Management knowledge… Probability and Impact Matrix 6 years ago https://youtu.be/HK4zRmd4wFM An important topic within the Qualitative Risk Analysis process is the Probability and Impact matrix. This is basically a… Identify Risks Process 6 years ago https://youtu.be/a0pAWPrKiGk The second process in the Risk Management knowledge area is Identify Risks. Below is the PG KA mapping, As… Risk Categories | Risk Breakdown Structure (RBS) | Risk Methodology 6 years ago https://youtu.be/K01FCO_7o2w Risk Categories are used to classify the risks. This further helps in the creation of the Risk Breakdown Structure… Risk Management – The Basics 6 years ago https://youtu.be/GF0nidJHEsI As cliche as it might sound like, we must first understand what a Risk is before we can address…