Project Risk Management: Preparation for Risk Management Professional (PMI-RMP)®
This course aims to enable participants to plan, manage, and control project risks. By attending, participants will acquire the knowledge to develop project risk management plans, identify project risks, analyze the identified risks, and plan responses for them. They will also learn to analyze the risks qualitatively and quantitatively using different practical techniques and learn all the critical tools and techniques required to pass the PMI-RMP® (Risk Management Professional) certification exam.
PrerequisitesNone — open to managers at all levels
5 Days
2 Sessions
Starting from USD 1,500
Available Online
Course Methodology
The course uses interactive techniques, such as brief presentations by consultant and participants. The course also features several group exercises and simulations and a question bank that will help the participants practice for the exam.
Course Objectives
By the end of the course, participants will be able to:
- Define the basic terms related to risk and establish a solid risk management framework
- Perform a preliminary document analysis, assess project environment for threats and opportunities, and establish a risk management strategy
- Conduct risk identification exercises, examine assumptions and constraints analysis, and develop a risk register
- Perform qualitative and quantitative analyses
- Determine appropriate risk response strategy and execute the risk response plan
Target Audience
This course has been designed for project risk managers, risk owners, project managers, members of the project office, project sponsors, functional managers, senior management, and individuals interested in project risk management.
Target Competencies
- Planning risks
- Identifying risks
- Assessing risks
- Evaluating responses
- Monitoring and reporting risks
Course Outline
-
Introduction
- Definition of risk
- Risk management
- Seven-step process
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Plan Risk Management
- Document analysis
- Assess the project environment
- Confirm risk thresholds
- Establish a risk management strategy
- Document the risk management plan
- Lead risk management activities
- Identifying project risks
-
Identify Risks
- Conduct risk identification
- Examine assumption and constraint analysis
- Document risk triggers and thresholds
- Develop a risk register
-
Perform Risk Analysis
- Perform qualitative analysis
- Perform quantitative analysis
- Threats and opportunities in the risk management framework
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Plan and Implement Risk Responses
- Planning risk responses
- Common risk responses
- Setting up for success
- Contingency plans and secondary risks
- Reviewing risk responses
Face to Face Courses
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