Preparation for Risk Management Professional (RMP) Certification

Preparation for Risk Management Professional (RMP) Certification

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Program Objectives:
By the end of the program, participants will be able to:
  • Prepare for the Project Management Institute – Risk Management Professional (PMI®-RMP) Examination.
  • Develop a solid framework of risk management.
  • Understand the risk related concepts from the Project Management Institute’s (PMI®) perspective.
  • Develop the overall risk management strategy for projects.
  • Assess and evaluate characteristics of individually identified project risks and prioritize risks based on agreed-upon characteristics.
  • Estimate numerically the overall effect of risk on the objectives of the project.
  • Determine effective response actions that are appropriate to the priority of the project risks.
  • Effectively track and monitor identified and residual risks
Who should attend:
Personnel who are interested in sitting for the Risk Management Professional (RMP) certification exam.
Program Outline
PMI®-RMP Credential Overview
  • The Project Management Institute (PMI®)
  • Credential Overview
  • Exam Overview
  • Application Process
  • Question Format
Introduction to Project Risk
  • PMBOK Guide Review
  • Defining  and Classifying Risk
  • Approach to Risk Management
  • Risk Critical Success Factors
  • Project Risk Management Knowledge Area
Plan Risk Management 
  • Steps to Generating the Risk Management Plan
  • Planning Meeting and Analysis
  • Risk Register Contents
  • Risk Register Update Cycle
  • Managing the Risk Register
Identify Risks
  • Information Gathering Techniques
  • Diagramming Techniques
  • Analysis Techniques
  • Seven Basic Tools of Quality
Perform Qualitative Risk Analysis
  • Probability and Impact Assessment
  • Probability and Impact Matrix
  • Risk Data Quality Assessment
  • Risk Categorization
  • Risk Urgency Assessment
Perform Quantitative Risk Analysis
  • Understanding Standard Deviation
  • Probability Distributions
  • Sensitivity Analysis
  • Expected Monetary Value Analysis
  • Decision Tree Analysis
Plan Risk Responses
  • Risk Response Strategies
  • Contingent Response Strategy
  • Types of Reserves
  • Fallback Plan
Monitor and Control Risks
  • Risk Reassessment
  • Risk Audits
  • Variance and Trend Analysis
  • Earned Value Management
  • Reserve Analysis
Risk Communication and Leadership 
  • Risk Communication Process
  • Leadership Styles
  • Conflict Management
  • Motivational and Management Theories

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Date And Time

2021-03-12 @ 09:00 AM to
2021-06-19 @ 02:00 PM

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