The Project Management Body of Knowledge (PMBOK) 6th Edition defines Monitor Risks as “the process of monitoring the implementation of agreed-upon risk response plans, tracking identified risks, identifying and analyzing new risks, and evaluating risk process effectiveness throughout the project.”
Here is a crossword puzzle to help you learn about some of the key terms and principles of monitoring risks.
[VIDEO] How to Monitor Risks
In the video below, we look at four areas of focus when monitoring project risks – review risk response plans, review and update previously identified risks, identify new risks, and review risk process effectiveness. Furthermore, we discuss two powerful tools for monitoring risks – risk reviews and risk audits. What's the difference and when should we use each?
Learn More About the
Risk Management Processes
Jumpstart your learning as we walk through the seven project risk management processes and test your understanding.