
PMI Professional
in Business Analysis
(PMI-PBA)®
Interested in becoming a Professional in Business Analysis (PMI-PBA)® ? In this Course we provide you with everything you need to know till you pass the PMI-PBA exam and earn your certification.


100% AUSTRALIAN
COMPANY
CHAPTER 1 - INTRODUCTION Purpose of the Practice Standard for Project Risk Management Project Risk Management Definition Role of Project Risk Management in Project Management Good Risk Management Practice Critical Success Factors for Project Risk Management Conclusion
CHAPTER 2 - PRINCIPLES AND CONCEPTS
Introduction
Definition of Project Risk
Individual Risks and Overall Project Risk
Stakeholder Risk Attitudes The
Iterative Process
Communication
Responsibility for Project Risk Management
Project Manager's Role for Project Risk Management
CHAPTER 3 - INTRODUCTION TO PROJECT RISK MANAGEMENT PROCESSES
Project Risk Management and Project Management
Project Risk Management Processes
CHAPTER 4 - PLAN RISK MANAGEMENT
Purpose and Objectives of the Plan Risk Management Process
Critical Success Factors for the Plan Risk Management Process
Identify and Address Barriers to Successful Project Risk Management
Involve Project Stakeholders in Project Risk Management
Comply with the Organization's Objectives, Policies, and Practices
Tools and Techniques for the Plan Risk Management Process
Planning Sessions
Templates
Documenting the Results of the Plan Risk Management Process
CHAPTER 5 - IDENTIFY RISKS
Purpose and Objectives of the Identify Risks Process
Critical Success Factors for the Identify Risks Process
Early Identification
Iterative Identification
Emergent Identification
Comprehensive Identification
Explicit Identification of Opportunities
Multiple Perspectives
Risks Linked to Project Objectives
Complete Risk Statement
Ownership and Level of Detail
Objectivity
Tools and Techniques for the Identify Risks Process
Historical Review
Current Assessments
Creativity Techniques
Documenting the Results of the Identify Risks Process
CHAPTER 6 - PERFORM QUALITATIVE RISK ANALYSIS
Purpose and Objectives of the Perform Qualitative Risk Analysis Process
Critical Success Factors for the Perform Qualitative Risk Analysis Process
Use Agreed-Upon Approach
Use Agreed-Upon Definitions of Risk Terms
Collect High-Quality Information about Risks
Perform Iterative Qualitative Risk Analysis
Tools and Techniques for the Perform Qualitative Risk Analysis Process
Select Risk Characteristics that Define Risks' Importance
Collect and Analyze Data
Prioritize Risks by Probability and Impact on Specific objectives
Prioritize Risks by Probability and Impact on Overall Project
Categorize Risk Causes
Document the Results of the Perform Qualitative Risk Analysis Process
CHAPTER 7 - PERFORM QUANTITATIVE RISK ANALYSIS
Purpose and Objectives of the Perform Quantitative Risk Analysis Process
Critical Success Factors for the Perform Quantitative Risk Analysis Process
Prior Risk Identification and Qualitative Risk Analysis
Appropriate Project Model
Commitment to Collecting High Quality Risk Data
Unbiased Data
Overall Project Risk Derived from Individual Risks
Interrelationships Between Risks in Quantitative Risk Analysis
Tools and Techniques for the Perform Quantitative Risk Analysis Process
Comprehensive Risk Representation
Risk Impact Calculation
Quantitative Method Appropriate to Analyzing Uncertainty
Data Gathering Tools
Effective Presentation of Quantitative Analysis Results
Iterative Quantitative Risk Analysis
Information for Response Planning
Documenting the Results of the Perform Quantitative Risk Analysis Process
CHAPTER 8 - PLAN RISK RESPONSES Purpose and Objectives of the Plan Risk Responses Process Critical Success Factors for the Plan Risk Responses Process Communicate Clearly Define Risk-Related Roles and Responsibilities Specify Timing of Risk Responses Provide Resources, Budget, and Schedule for Responses Address the Interaction of Risks and Responses Ensure Appropriate, Timely, Effective, and Agreed-Upon Responses Address Both Threats and Opportunities Develop Strategies before Tactical Responses Risk Response Strategies Avoid a Threat or Exploit an Opportunity Transfer a Threat or Share an Opportunity Mitigate a Threat or Enhance an Opportunity Accept a Threat or an Opportunity Applying Risk Response Strategies to Overall Project Risk Tools and Techniques for the Plan Risk Responses Process Response Identification Response Selection Action Planning Ownership and Responsibility Assignment Documenting the Results of the Plan Risk Responses Process Add Risk Responses to the Risk Register8.5.2 Add Corresponding Risk Responses to the Project Management Plan Review and Document Predicted Exposure CHAPTER 9 - MONITOR AND CONTROL RISKS Purpose and Objectives of the Monitor and Control Risks Process Critical Success Factors for the Monitor and Control Risks Process Integrate Risk Monitoring and Control with Project Monitoring and Control Continuously Monitor Risk Trigger Conditions Maintain Risk Awareness Tools and Techniques for the Monitor and Control Risks Process Managing Contingency Reserves Tracking Trigger Conditions Tracking Overall Risk Tracking Compliance Documenting the Results 0 the Monitor and Control Risks Process
Prerequisites
Four-year degree
Three years/36 months of projects experience, which at least 3,000 hours working in Projects
30 hours of project management education
OR
Secondary degree (high school diploma, associate’s degree or the global equivalent)
Five years/60 months of projects experience, which at least 4,500 hours working in Projects
40 hours of project management education


