11. Project Risk Management (Input, Tools & Techniques, Output)

Question 1

11.1 Plan Risk Management

Answer 1

Input

1. Project charter
2. Project management plan
3. Project documents
4. Stakeholder register
5. Enterprise environmental factors
6. Organizational process assets

Tools & Techniques
1. Expert judgment
2. Data analysis
        Stakeholder register
3. Meetings

Outputs
1. Risk Management Plan

Question 2

11.2 Identify Risks

Answer 2

Input

1. Project management plan
2. Project documents
3. Agreements
4. Procurement documentation
5. Enterprise environmental factors
6. Organizational process assets

Tools & Techniques

1. Expert judgment
2. Data gathering
3. Data analysis
4. Interpersonal and team skills 5. Prompt lists
5. Meetings

Output

1. Risk register
2. Risk report
3. Project documents updates

Question 3

11.3 Perform Qualitative Risk Analysis

Answer 3

Inputs

1. Project management plan
2. Project documents
3. Enterprise environmental factors
4. Organizational process assets

Tools and Techniques

1. Expert judgment
2. Data gathering
3. Data analysis
4. Interpersonal and team skills
5. Risk categorization
6. Data representation
7. Meetings

Outputs
1. Project documents updates

Question 4

11.4 Perform quantitative Risk analysis

Answer 4

Inputs

1. Project management plan
2. Project documents
3. Enterprise environmental factors
4. Organizational process assets

Tools and Techniques

1. Expert judgment
2. Data gathering
3. Interpersonal and team skills
4. Representations of uncertainty
5. Data analysis

Outputs

Project documents updates
    Risk report

Question 5

11.5 Plan risk response

Answer 5

Inputs

1. Project management plan
2. Project documents
3. Enterprise environmental factors
4. Organizational process assets

Tools & Techniques
1. Expert judgment
2. Data gathering
3. Interpersonal and team skills
4. Strategies for threats
5. Strategies for opportunities
6 Contingent response strategies
7. Strategies for overall project risk
8. Data analysis
9.Decision making 

Outputs

Change requests
Project documents updates

Question 6

11.6 Control Risks

Answer 6

Inputs

1. Project management plan
2. Project documents
3. Work performance data
4. Work performance reports

Tools and Techniques

1. Data analysis
2. Audits
3. Meetings

Outputs

1. Work performance information
2. Change requests
3. Project management plan updates
4. Project documents updates