Learning Objectives Understand the importance of good project risk management Understand what risk is and describe different tolerances for risk Describe each of the processes involved in project risk management Identify common sources of risk on It projects and develop strategies for reducing them Describe common risk conditions that occur in each project management knowledge area and techniques for identifying potential risks on specific projects Use tools and techniques for qualitative and quantitative risk analySIS Describe can assist in project risk management Explain the results of good project risk management 2021/2/21 IP2021/2/21 2 Learning Objectives ◼ Understand the importance of good project risk management ◼ Understand what risk is and describe different tolerances for risk ◼ Describe each of the processes involved in project risk management. ◼ Identify common sources of risk on IT projects and develop strategies for reducing them ◼ Describe common risk conditions that occur in each project management knowledge area and techniques for identifying potential risks on specific projects ◼ Use tools and techniques for qualitative and quantitative risk analysis. ◼ Describe can assist in project risk management ◼ Explain the results of good project risk management