Risk Probability and Impact Assessment

[@Tio_Nel]

About the people involved in definining the definitions, I think it should be the people with experience in risk management, also probably the Sponsor or highly influential and powerful stockholders, and the pm

[@alitukruni3401]

Regarding definitions, I think project management team with experience in risk management also stakeholders

[@nanaadomnyarko6472]

Subject matter experts are the ideal

[@pmclounge]

👍🙂

[@vbmadhavan5947]

Thanks for the clear-cut explanation..

[@pmclounge]

You are welcome Madhavan 😊👍

[@shakib1970]

I believe this should be related to risk tolerance which should be examined before deciding the classification.

[@syedfaizanahmedhashmi8652]

Project Sponsor , key stakeholders , customer must be consulted by PM for P&I definitions.

[@pmclounge]

👍👍

[@akhileshiyer5980]

Are the quantification values of the impact, part of a generic template or do they differ by industry, scale of operation and business, and criticality of information/service? Can we assume similar quantities for something as critical as a healthcare industry and something as quotidian as large-scale cardboard manufacturing?

[@merafi8474]

Project Manager, Domain Experts, SME's and RMP's

[@bgzprimaladv.edu.videos9801]

excellent explanation tnx

[@pmclounge]

You're welcome 👍🙂

[@itohanosemwegie8761]

i think the Project Manage should handle the impact and probability. Is this a correct answer to your question?

[@pmclounge]

It wouldn't hurt to consult other stakeholders of the project 🙂👍

[@34prashant]

Project leader, project manager and project team

[@nikhilsrivastava9483]

great

[@pmclounge]

Thanks 😊👍

[@nusratali1526]

I couldn't find description link

[@nusratali1526]

Any body Send the link of article

[@pmclounge]

Hi Nusrat, the link is mentioned in the description of the video. Anyway here it is www.pmclounge.com/risk-probability-and-impact-assessment/

[@kshitijrathod3969]

Everyone who is involved in project

[@symaarshad446]

way to go on mentioning schedule pronunciation xD

[@pmclounge]

Glad you noticed Syma 😂😂