Sunday, December 28, 2008

Perform Quantitative Risk Analysis: Output (in terms on PMP)

Risk Register Updates:

  • Prioritized list of quantified risks
    What are the risks that most likely to cause trouble? That needs the most contingency?

  • Amount of contingency and cost reserves needed.

  • Possible realistic and achievable completion date and project costs with confidence level versus the cost oand time objective for the project.

  • The quantified probability of meeting project objectives.

  • Trends in quantified risk analysis.

1 comment:

craige boyle said...

If you plan on a long term career as a project manager, then yes, even with your level of experience, I would suggest getting your PMP. You can prepare yourself for the exam in one of the PMP trainingproviders like You can do minimal prep-work to get 40 PMI® Contact Hours and apply to PMI for PMP Exam before the class begins.

Recommended Books on PMP

Suggested Study Materials

  • PMP-Preparation Recommended Books
  • PMP Exam Prep, Fifth Edition: Rita's Course in a Book for Passing the PMP Exam
  • A Guide to the Project Management Body of Knowledge, Third Edition (PMBOK Guides)
  • The PMP Exam: How to Pass On Your First Try (Test Prep series)