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Risk Management Professional (PMI-USA)

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  • Certified Course

Risk Management Professional

Risk is inherent in everything that we do and it’s, therefore, no surprise that risk management holds a high level of importance within project management.
This PMI-RMP® Exam Preparation course offers an overview of project risk and risk management in a combination of lecture
and hands-on learning formats and is geared towards preparing students for the PMI Risk Management Professional (PMI-RMP)®certification
exam offered by the Project Management Institute (PMI).

This boot-camp style course covers the four primary exam objectives:
Risk Communication, Risk Analysis, Risk Response Planning, and Risk Governance, along with the related exam objectives.

PMI-RMP Certification is targeted at project management professionals who are involved in recognizing individuals who provide expertise
in the specialized area of assessing and identifying project risks along with preparing plans to mitigate threats and capitalize on opportunities.

If you’re ready for greater recognition, the PMI-RMP will validate your specialized expertise and help you stand out to employers, stakeholders, and peers.

For more information about the RMP course please visit
PMI’s official website

Training Goals
  • Learn basic concepts and approaches to Risk Management.
  • Learn to generate a Risk Management Plan.
  • Learn about Risk Registers.
  • Learn to manage the Risk Register.
  • Learn about building a Communication Foundation.
  • Learn Communication Theories and Management.
  • Learn to communicate with Stakeholders and determine Stakeholder Risk Tolerance.
  • Learn tools and techniques of Qualitative Risk Analysis.
  • Learn tools and techniques of Quantitative Risk Analysis.
  • Learn to build and manage a Risk Response Plan.
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Prerequisites

  • Secondary degree (high school diploma, associate’s degree, or the global equivalent)
  • 36 months of project risk management experience within the last 5 years
  • 40 hours of project risk management education
OR
  • Four-year degree (bachelor’s degree or the global equivalent)
  • 24 months of project risk management experience within the last 5 years
  • 30 hours of project risk management education
Exam Information
  • Online Examination
  • 3 ½ Hour
  • 170 Multiple Choice Questions

Who Should Attend?

If you have advanced knowledge and experience in risk management, or if you are a project manager focused
on project risk management, including for large projects and/or complex environments, then the PMI-RMP® is
an excellent choice for you.

This RMP training is specially designed for:
  • Project Managers
  • Senior Executives
  • Directors
  • Engineers
  • Planning Engineers
  • Project Coordinators
  • Business Executives
  • Operations Managers
  • Construction Managers
  • Safety Officers/Managers
  • IT Project Managers

This RMP course is most beneficial for Telecom, Oil & Gas, construction, manufacturing, power, IT and other industries interested in learning ways for increasing and improving their productivity.

Course Outline

  • Introduction
  • Purpose of the practice standard for risk management
  • Project risk management definition
  • Role of practice risk management in project management
  • Good risk management practice
  • Critical success factors for project risk management
  • Mockup Exercises

  • Introduction
  • Definitions
  • Individual Risk And Overall Project Risk
  • Stakeholder Risks Attitudes
  • Interactive Process
  • Communication
  • Responsibility For Project Risk Management
  • Project Manager’s Role For Project Risk Management
  • Mockup Exercises

  • Project Risk Management And Project Management
  • Project Risk Management Processes
  • Purpose And Objective Of The Plan Risk Management Process
  • Critical Success Factors For The Plan Risk Management Process
  • Tools And Techniques For The Plan Risk Management Process
  • Documenting The Results Of The Plan Risk Management Process
  • Mockup Exercises

  • Plan Approach To Risk Management
  • Determine Stakeholders And Risk Tolerance
  • Understand Roles And Responsibilities
  • Risk Owner, Project Manager And Team Members
  • Develop Risk And Opportunities Management Plan
  • Developing Risk Definition Scales To Rate Risks

  • Objective Of The Identify Risk Process
  • Top Down – Bottom Up Identification
  • Critical Success Factors For The Identify Risk Process
  • Tools And Techniques For The Identify Risk Process
  • Document Action, Research, Interviews And Assumptions
  • Review, Brainstorming, Flowcharting, Ishikawa Diagram, Lessons
  • Human Factors In Identification
  • 3 Key Factors Risk Analysis
  • Documenting The Results Of The Identify Risk Process

  • Objective Of The Perform Qualitative Risk Analysis
  • Determining True Risk Impact
  • Pre And Post Mitigation Characteristics
  • Critical Success Factors
  • Tools And Techniques
  • Determining Probability And Impact
  • Documenting The Results

  • Purpose And Objectives
  • Mitigation Strategies
  • Cost Benefit Of Risk Mitigation/Opportunity Promotion
  • Mitigation Plans

  • Risk Occurrences: Risk Triggers And Fallback Plans
  • Monitoring Mitigations And Fallback Plan Status
  • Re-evaluating Existing Risks And Identifying New One
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