Risk management professionals work with businesses and organizations on identifying, analyzing, and mitigating risks and determine 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
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?