Risk management professionals work with businesses and organizations on identifying, analyzing, and mitigating risks and determining processes for changes. According to the Project Management Institute (PMI) Risk Management Professional (PMI-RMP) ® Examination Content Outline and Specifications , the following knowledge areas are essential to the successful practice of project risk management:
· Domain I: Risk Strategy and Planning
· Domain II: Risk Identifications
· Domain III: Risk Analysis
· Domain IV: Risk Response
· Domain V: Monitor and Close Risks
Note: Domains I & II start on page 8 of the PMI Examination Content Outline and Specifications.
Review the tasks under Domain I: Risk Strategy and Planning, and Domain II: Risk Identification.
Respond to the following in a minimum of 175 words:
Choose a task from each Domain and explain why that task is important to the overall project risk planning. What tools or resources could assist with each task?
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