From the course: ChatGPT for Project Managers: 10x Your Productivity with AI

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Identify risks and create a mitigation plan

Identify risks and create a mitigation plan - ChatGPT Tutorial

From the course: ChatGPT for Project Managers: 10x Your Productivity with AI

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Identify risks and create a mitigation plan

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- [Instructor] Now we're moving from timelines to risk management. It's something everyone, especially project managers need to be really good at. Here's our focus today. First, identifying risks early in your project. Two, prioritizing these risks and three, crafting actionable mitigation strategies. Now let's go back to ChatGPT. First up, risk identification. Let's say you're in charge of a project that involves launching a new software product. How can you spot risks that may impact the launch? Here's where ChatGPT can help. Let's try a prompt, like identify potential risk for launching a design software product in Korea. So now ChatGPT lists risks that you might not have even considered, such as cultural and language barriers, regulatory and legal hurdles. Payment and pricing strategies. These are now actionable insights you can immediately use to supplement your risk management plans. Moving on to risk assessment, let's determine which risks need immediate attention. Let's put…

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