What are the tools for Risk Management in Project Management?

Question

Ihab Zaki · Answer

Risk Register

Risk Identification

Quantitative Risk Analysis

Qualitative Risk Analysis

Risk Monitor and Control

Zeeshan Amjad · Answer

As per PMP there are following process in Risk Management Knowledge area

1. Risk Planning

2. Risk Identification

3. Qualitative Analysis

4. Quantitative Analysis

5. Risk Response

6. Control RiskBut there are several tools uses within these process.

1. The first one and the most important one is Risk Register

2. Although not necessary but very useful to have Stakeholder register to communicate stakeholder in case of any risk event

3. Cause and Effect diagram (also known as fish bone diagram)4. Flow charts

5. Process diagram

6. Influence diagram

7. Probability and Impact Matrix

8. Tornado diagram (for sensitivity analysis)

9. Decision tree diagram

All of these are as per PMBOK.

Thanks

Mohammed Esaam Qasam · Answer

Thank you for the invitation.
I agree with the answers dear professors above.

Syed Shan Haider · Answer

I am agree with experts.....................

nidhal husen · Answer

Thanks for invitation , reality i do not have any information ....

Deleted user · Answer

Appreciated for recognising my skills and experties for above sad question however i would like to support the answer given by Mr.I zaki.

Abdul Rehman · Answer

Thanks for the invitation. I second the answer of Mr. Ihab Zaki.

Vaiyapuri Gopalakrishnan · Answer

Agree on experts answers. Thanks for your invitation.

Omar Saad Ibrahem Alhamadani · Answer

Thanks

I support the answer given by Dr. Anwar

hisham abu dagga · Answer

Thanks for the invitation. I agree with the given answers____________________________

mamoun mokhtar · Answer

thanks for the invitation - i agree with answers given by the experts