What is a Risk Register and When To Use It

Qualitative risk analysis, quantitative risk analysis, risk response planning...

When exactly should you use a risk register? Watch this short project management training video to learn more.

[arshdeep-lpds]

I really liked how you explained the purpose and objectives of the project clearly and concisely. It was easy to understand what you were trying to achieve.

[DavidAugsburger-hxze]

Hi Jennifer, great brief and concise video of risk register! Great short video to share with others without PM background to quickly understand the basic concepts.

[ianpatrick]

Thank you for explaining the risk register

[urosprosen]

In my opinion the explanation of quantitative and qualitative part could be done in other way too. Both are part of risk analysis and are just versions of how to determine a given risk level. More specific, if you have a numeric data and have statistical tools to determine likelihood of the risk being realized and even if you are able calculate the effects than this is quantitative analysis. On the other hand, if you just categorizes risks based on high, medium and low probability (or in any of alike variants), and you use only descriptive technic for risk categorization than that would be qualitative analysis.

[hanahnff]

thank you for the video! it really helps with my assignment

[akshatseth]

Mam pls tell me what is risk in accounting give some examples pls

[Kshtrya]

Not Quantitative (Mainly Qualitative) - how can you quantify risk and maintain it in the risk register? The quantity keeps changing based on the influence and factors directly tied to the performance of the project. You won't be managing those quantities in the risk register.