All language subtitles for KU PMGT 823 Session 6 (Part B)- Documenting Risk Response Execution
Afrikaans
Akan
Albanian
Amharic
Arabic
Armenian
Azerbaijani
Basque
Belarusian
Bemba
Bengali
Bihari
Bosnian
Breton
Bulgarian
Cambodian
Catalan
Cebuano
Cherokee
Chichewa
Chinese (Simplified)
Chinese (Traditional)
Corsican
Croatian
Czech
Danish
Dutch
English
Esperanto
Estonian
Ewe
Faroese
Filipino
Finnish
French
Frisian
Ga
Galician
Georgian
German
Greek
Guarani
Gujarati
Haitian Creole
Hausa
Hawaiian
Hebrew
Hindi
Hmong
Hungarian
Icelandic
Igbo
Indonesian
Interlingua
Irish
Italian
Japanese
Javanese
Kannada
Kazakh
Kinyarwanda
Kirundi
Kongo
Korean
Krio (Sierra Leone)
Kurdish
Kurdish (SoranĂ®)
Kyrgyz
Laothian
Latin
Latvian
Lingala
Lithuanian
Lozi
Luganda
Luo
Luxembourgish
Macedonian
Malagasy
Malay
Malayalam
Maltese
Maori
Marathi
Mauritian Creole
Moldavian
Mongolian
Myanmar (Burmese)
Montenegrin
Nepali
Nigerian Pidgin
Northern Sotho
Norwegian
Norwegian (Nynorsk)
Occitan
Oriya
Oromo
Pashto
Persian
Polish
Portuguese (Brazil)
Portuguese (Portugal)
Punjabi
Quechua
Romanian
Romansh
Runyakitara
Russian
Samoan
Scots Gaelic
Serbian
Serbo-Croatian
Sesotho
Setswana
Seychellois Creole
Shona
Sindhi
Sinhalese
Slovak
Slovenian
Somali
Spanish
Spanish (Latin American)
Sundanese
Swahili
Swedish
Tajik
Tamil
Tatar
Telugu
Thai
Tigrinya
Tonga
Tshiluba
Tumbuka
Turkish
Turkmen
Twi
Uighur
Ukrainian
Urdu
Uzbek
Vietnamese
Welsh
Wolof
Xhosa
Yiddish
Yoruba
Zulu
Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated:
1
00:00:02,330 --> 00:00:07,050
Hello and welcome to Session 6, Part B
of PMGT 823, Project Risk Management.
2
00:00:07,430 --> 00:00:10,710
We are continuing with our discussion on
implementing risk responses.
3
00:00:11,010 --> 00:00:13,050
Let's get started with this section
together.
4
00:00:15,910 --> 00:00:20,170
In this part, we will focus on
documenting the execution of risk
5
00:00:20,630 --> 00:00:24,690
Good documentation is critical to track
what actions were taken, who was
6
00:00:24,690 --> 00:00:26,650
involved, and what results were
achieved.
7
00:00:27,420 --> 00:00:31,420
This process helps create transparency
and supports future risk management
8
00:00:31,420 --> 00:00:35,640
efforts. Let's begin exploring how to
capture this information effectively.
9
00:00:38,780 --> 00:00:43,760
An issue log is used to document any
problems or unexpected events that come
10
00:00:43,760 --> 00:00:44,760
during a project.
11
00:00:45,040 --> 00:00:49,600
If a new issue appears while carrying
out risk responses, it gets recorded
12
00:00:49,600 --> 00:00:50,740
for tracking and resolution.
13
00:00:51,180 --> 00:00:55,520
This helps the team stay organized and
respond quickly to anything that might
14
00:00:55,520 --> 00:00:56,520
disrupt the plan.
15
00:00:59,790 --> 00:01:03,030
The next important document is the
lessons learned register.
16
00:01:03,390 --> 00:01:08,290
A lessons learned register helps capture
valuable experiences, insights, and
17
00:01:08,290 --> 00:01:10,150
knowledge gained during the project.
18
00:01:10,430 --> 00:01:14,510
This information can prevent similar
problems in future projects and support
19
00:01:14,510 --> 00:01:15,510
continuous improvement.
20
00:01:16,210 --> 00:01:21,030
By updating it during risk response
execution, the team builds a stronger
21
00:01:21,030 --> 00:01:24,330
foundation for managing risks more
effectively next time.
22
00:01:28,940 --> 00:01:32,360
risk responses are confirmed the project
team needs to allocate the right
23
00:01:32,360 --> 00:01:36,300
resources to carry them out this means
assigning qualified and experienced
24
00:01:36,300 --> 00:01:40,480
people to each action along with setting
the budget timeline and any needed
25
00:01:40,480 --> 00:01:45,100
technical support these documents help
make sure the agreed upon risk responses
26
00:01:45,100 --> 00:01:52,000
are actually put into practice and the
risk register which is the most
27
00:01:52,000 --> 00:01:55,880
important document here is a detailed
document that keeps track of individual
28
00:01:55,880 --> 00:01:59,660
project risks their status, and the
chosen response strategies.
29
00:02:00,680 --> 00:02:04,940
As the team implements risk responses,
this register should be updated to show
30
00:02:04,940 --> 00:02:06,480
any changed or new information.
31
00:02:06,880 --> 00:02:11,500
Keeping it current helps everyone stay
aligned and aware of how risks are being
32
00:02:11,500 --> 00:02:12,900
managed throughout the project.
33
00:02:16,140 --> 00:02:20,460
And ultimately, the risk report provides
a high -level summary of the overall
34
00:02:20,460 --> 00:02:24,420
risk exposure of the project and
highlights key risk trends for
35
00:02:25,360 --> 00:02:29,720
As risk responses are implemented, this
report should be updated to reflect any
36
00:02:29,720 --> 00:02:31,120
major changes or new concerns.
37
00:02:31,660 --> 00:02:35,880
Keeping the risk report current helps
decision makers stay informed and take
38
00:02:35,880 --> 00:02:36,880
action if needed.
39
00:02:39,740 --> 00:02:44,500
Okay, in this example, Rachel is
managing a hospital infrastructure
40
00:02:44,500 --> 00:02:45,640
a street waterfall approach.
41
00:02:45,940 --> 00:02:50,600
She identified a key risk of delays in
importing a backup generator and planned
42
00:02:50,600 --> 00:02:53,920
a transfer strategy to handle it through
specialized contractors.
43
00:02:55,000 --> 00:02:59,140
When customs clearance became an issue,
Rachel logged it, escalated with
44
00:02:59,140 --> 00:03:01,800
suppliers, and set up a temporary
generator plan.
45
00:03:02,120 --> 00:03:06,320
She documented everything carefully in
the issue log, the lessons learned
46
00:03:06,320 --> 00:03:08,160
register, and the risk register.
47
00:03:08,720 --> 00:03:13,040
Thanks to her structured and timely
documentation, the generator was
48
00:03:13,040 --> 00:03:17,020
just one week later without disrupting
commissioning, and her efforts were
49
00:03:17,020 --> 00:03:18,520
praised in the project audit.
50
00:03:21,680 --> 00:03:25,280
All right, please make sure to complete
the required readings before our next
51
00:03:25,280 --> 00:03:29,880
session. You should review Kendrick
chapters 8 and 10 as well as PMBOK
52
00:03:29,880 --> 00:03:30,940
11 .6.
53
00:03:31,180 --> 00:03:35,020
Also take time to go through the
presentation materials once again to
54
00:03:35,020 --> 00:03:36,340
what we have learned today.
55
00:03:40,140 --> 00:03:44,040
And also please remember to reply in
discussion board 3 to share your
56
00:03:44,490 --> 00:03:48,250
Make sure to submit quiz 4 by the
deadline and finally begin working on
57
00:03:48,250 --> 00:03:51,030
milestone 4 for the group project to
stay on track.
58
00:03:54,330 --> 00:03:58,330
And this brings us to the end of this
session. If you have any questions, feel
59
00:03:58,330 --> 00:04:00,690
free to reach out or post them in the
discussion board.
60
00:04:00,930 --> 00:04:04,250
Thank you very much again for your
attention and see you in the next
5645
Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.