I think I just understood my entire Project management class from watching you videos! thanks!!!!

@Onlinepmcourses

2 жыл бұрын

That's great to hear, Ana!

I don't know how, but you managed to make that rather interesting! Thank you :)

@Onlinepmcourses

Жыл бұрын

Well, I'll take that!

Thank you, Dr. Clayton! Your videos on Risk Management are key to my review to write the PMI-RMP exam in Spring 2023!

@Onlinepmcourses

Жыл бұрын

That's excellent. Best of luck!

Very well explained. Great delivery. Thank you.

@Onlinepmcourses

Жыл бұрын

You're very welcome!

I just recently discovered your channel. Thanks for this and all your PM videos. They've been very helpful.

@Onlinepmcourses

3 жыл бұрын

You are so welcome!

Amazing info , thnx for sharing

@Onlinepmcourses

2 жыл бұрын

You're very welcome.

Another great video Mike, making it easy to understand.

@Onlinepmcourses

3 жыл бұрын

Glad you enjoyed it

Look I am not going to sugar coat this. I have watched a couple of your videos and found them very informative and they have certainly reinforced (and in some cased built up completely) parts of my PML understanding. I am so impressed I have liked this video and subscribed....cheers!!

@Onlinepmcourses

3 жыл бұрын

Thank you very much - So glad you like my videos.

Thank you so much. Please keep making videos!

@Onlinepmcourses

3 жыл бұрын

Thank you, I will

You made this so easy! Thanks!

@Onlinepmcourses

3 жыл бұрын

You're so welcome!

Thank you! Great, concise explanation on a topic that is completely foreign to me...until now :-)

@Onlinepmcourses

3 жыл бұрын

Glad to help, Dennis.

Love it. Thanks for sharing your knowledge :)

@Onlinepmcourses

4 жыл бұрын

You're welcome.

I've watched saveral of your videos Mike, I do like them. You surely know what you're talking about. I'm studying PM Diploma at a University full-time. You can be our teacher or maybe more. Keep it up! and thanks.

@Onlinepmcourses

4 жыл бұрын

Glad you like them! Good luck with your Diploma.

Risk Management - simplified :)

@Onlinepmcourses

2 жыл бұрын

Kishor, here is my overview of the whole risk management process: kzread.info/dash/bejne/qoyKwcmjpLuzg84.html

Great video 👌🏾 Really helped me fo my MSc in Business Transformation 🙏🏾

@Onlinepmcourses

2 жыл бұрын

Glad to have helped you.

Thanks for all the great free information..................

@Onlinepmcourses

4 жыл бұрын

You're welcome...

Great 👍

@Onlinepmcourses

2 жыл бұрын

Thanks!

Thanks for spreading the knowledge. Some examples can be helpful.

@Onlinepmcourses

4 жыл бұрын

You're welcome. Examples would be another video - I'll add it to the list! Thank you.

Thank you very much!

@Onlinepmcourses

Жыл бұрын

You're welcome.

Brilliant !

@Onlinepmcourses

4 жыл бұрын

Thanks !

Great, thanks for sharing

@Onlinepmcourses

3 жыл бұрын

You're very welcome.

Excellent as always. 👍

@Onlinepmcourses

4 жыл бұрын

Thank you, Kevin!

@majekodunmiemmanuel5421

3 жыл бұрын

@@Onlinepmcourses Hello Clayton, Please can I a copy of your risk log? Thanks

@Onlinepmcourses

3 жыл бұрын

@@majekodunmiemmanuel5421 Email me

i am in your fun club!!!

@Onlinepmcourses

4 жыл бұрын

Thank you!

Wonderful video from you. Please I will like to have online discussion with you on risk related issues. Where can I link up with you?

@Onlinepmcourses

2 жыл бұрын

You can have the discussion here, or you can contact me by email.. or via my website: onlinepmcourses.com

Mike! Thanks for sharing… The last bit of the register ie. Action .. makes the register look more like an incident or issues register ie. These issues are managed then closed out whereas risks are something that exists and it is managed by having control activities to mitigate their risks. So issues and incidents are short term problems that are closed out but risks are pretty much something that stays and managed with controls. I got confused at the end bit as that is more of an issues register rather than an RR. Your thoughts, Mike?

@Onlinepmcourses

2 жыл бұрын

Thank you. Action is the action you take to reduce or eliminate or otherwise manage the risk. I agree that it may not close out the risk fully - but it might. For example: Risk: The supply of widgets for stage 6 may be unavailable when we need them. Action: Buy in advance Outcome: After purchase and delivery, we can close-out the risk On the other hand, if you place the order, the risk remains open until delivery. Lastly, I tend to prefer a combined risk/issue register, as ssues are nothing more than risks with a 100% likelihood! - kzread.info/dash/bejne/q4GIuMaanJmnfsY.html

@manojmaganlal4478

7 ай бұрын

Agree. My view is that risks never get closed and stay on the risk register.Very good point.

😊

@Onlinepmcourses

Жыл бұрын

😁

Great sharing your knowledge with us! One question please. What is common practice in projects, who is eligible to record -document risks and lesson learned in risk and lesson learned register? PM? Someone assigned by PM? Or any member team and any stakeholder can do that? thanks in advance.

@Onlinepmcourses

2 жыл бұрын

This is determined by the rules the PM sets or the team sets as a whole. There is no ‘right’ way nor a standard approach. My own preference is to widen access to risk and LL logs across your team. But also create good discipline in version control- or, ideally, use software that automates it.

@markpalm672

2 жыл бұрын

@@Onlinepmcourses Thanks a lot!

Can you help provide a Sample filled out sample risk log register for reference and understand better based on some Risk context

@Onlinepmcourses

8 ай бұрын

To better learn, build your own Risk Register based on my model and complete it for a project that is relevant to your own domain.

Is the risk management plan that's part of the Risk Register part of the Risk Management Plan which is a subsidiary the Project Management plan or are they just sharing the name?

@Onlinepmcourses

3 жыл бұрын

Your risk register is a project control tool. It sits 'beneath' your master Risk Management Plan. However, as you picked up, within each element of your risk register is a plan for managing a specific risk. I loosely call these Risk Management Plans. But they are not the same as your wider 'Project Risk Management Plan' that sits across your whole project and is a core part of your wider Project Management Plan. Great question, Robert. Thank you.

May I ask you to describe the risk management in a company,?

@Onlinepmcourses

2 жыл бұрын

That's a very big question - and has many possible interpretations. And as many answers as there are types of company. Risk management in banks is very different to risk management in pharma, for example. And also, I know a lot about Project Risk Management - a lot less about operational risks. If you have a specific question, I'll try to answer it, but your general question needs a 4,000-word answer!

can you create this in a work management tool?

@Onlinepmcourses

2 ай бұрын

I'm sure you can, but I am not familiar enough with the tools to advise specifically. But here's the thing... Project Managers are resourceful. So, we can always find a way to adopt or adapt a good idea!

Your videos are great and informative, but Mike...you really need a beard, my man!

@Onlinepmcourses

7 ай бұрын

Thank you. I had a beard for 7 years in my 20s. I don't think Mrs OnlinePMCourses would approve of me re-growing it!

@jordan19862000

7 ай бұрын

My wife used to think the same but it grew on me and then on her, haha. I had to be clean shaven for so many years in the military - now I have a free face warmer for the winter! @@Onlinepmcourses