Effective risk management enables project managers to plan ahead to prevent project failure. Successful project managers predict the level of risk associated with probable events, both positive and negative, to adequately prepare. Test your knowledge on this topic now!
Writing a risk management plan involves gathering the stakeholders and identifying risks, analyzing the risk probability, listing risk triggers, identifying preventive actions and assigning responsibility for actions. We've picked 12 of the most common risk management topics. Take our quiz and see how much you know, whether you're studying for a Project Management Institute credential or just want to prove you have what it takes to successfully manage risks on complex projects.
- Chemuturi, Murali, and Thomas M. Cagley Jr.. " PMI - the World’s Leading Professional Association for Project Management." PMI - the World’s Leading Professional Association for Project Management. http://www.pmi.org (accessed September 19, 2011).