Risk Register Example – All You Need to Know About It

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Risk Register Example in this video comes from my personal experience. I used it in this format for many years. It suits well in plan-driven and agile project management.

By the way, Risk Register and Risk Log are the same thing. Just different names for the document.

Risk Register is a document that contains all the information about all the project risks.

Risk Register is the key document in the risk management knowledge area. It's used in all planning processes described in PMBOK.

Here's the truth:

There's a misconception that you use risk register as PMI describes - in the planning phase of a project.

I do recommend you start using the Risk Log as soon as you learned that you'll be a Project Manager on a new project.

In this project management training, you'll get real-life risk management examples.

In addition, I'll provide you a risk template and risk register template documents. You can download them at the pmbasics101 site.

OK, here's the biggest takeaway from this video:

To make Risk Register usable, you need to keep it always at hand and review it regularly. Moreover, you do it with your project team. Risk log and risk management, in general, is only efficient when it's transparent.

Moreover, you don't do risk management on your own. It means you are not the best owner for the majority of risks.

You are a project manager. You know the processes and workflows of Risk Management. However, you don't avoid or mitigate risks only via adjustments of scope, schedule or costs. Quite often, you need technical expertise to select the most suitable Risk Response Plan.

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MENTIONED IN THE VIDEO:

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Видео Risk Register Example – All You Need to Know About It канала Dmitriy - Project Management Basics