Simplilearn Solutions (Global R.E.P. ID 3147) (http://www.simplilearn.com) provides project management training through a blended learning model of classroom training and online learning.
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Simplilearn conducts PMP exam training across 71 cities in the United States.
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PMP online training courses start from $99.99 onwards for Standard PMP online training course with 4 PMP simulation tests online. Each PMP mock test is of 4 hours with 200 real-life PMP exam prep questions.
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Transcript for Project Risk Management Processes:
Now, we have enough information to study about the Project Risk management processes.
Project Risk management can be best defined as the process of risk management planning, risk identification, risk analysis, risk response planning and risk
monitoring and control on a Project.
The key objective of Risk management is to increase the probability and impact of positive events and decrease the probability and impact of negative events.
There are six risk management processes and out of that five are part of project planning group and one is from monitoring and control process groups. These
processes are:
Plan Risk Management
Identify Risks
Perform Qualitative Risk Analysis
Perform Quantitative Risk Analysis
Plan Risk Responses, and
Monitor and Control Risks
We will learn about these six processes in the next six slides.
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Duration : 0:1:26