PMP, Introduction to Project Risk Management

Process Group	PMBOK	Knowledge Area Process	Why? (inputs)	How? (tools and techniques)	What? (outputs)

Planning	11.1	Risk Management Planning	Project Charter Stakeholder Risk Tolerances Work Breakdown Structure (WBS)	Planning meetings	Risk Management Plan
Planning	11.2	Risk Identification	Risk Management Plan Risk Categories	Checklists...	Risks
Planning	11.3	quaLitative Risk Analysis	Identified risks Scales of probability and impact	Probability/impact risk rating matrix	List of prioritized risks
Planning	11.4	quaNtitative Risk Analysis	List of risks for additional analysis and management	Decision tree analysis	Probability of achieving the cost and time objectives
Planning	11.5	Risk Response Planning	Risk owners	Avoidance Transference Mitigation Acceptance	Risk Response Plan Secondary risks
Controlling	11.6	Risk Monitoring and Control	Risk response plan Project communication	Earned value analysis	Workaround plans Corrective action Project change requests Updates to risk identification checklists

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