The ultimate step in PMI-RMP® preparation

The PMI®-RMP credential recognizes 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. This global credential acknowledges individuals who strengthen and support project management by offering knowledge specific to project risk management. This course prepares the participant for the PMI®-RMP certification exam. It offers an in-depth look at project risk management. It covers the four primary exam’s domains: 

•  Risk Communication 
•  Risk Analysis
•  Risk Planning 
•  Risk Governance

Audience

Individuals that are interested in having a better understanding of Project Risk Management or preparing for the PMI®-RMP certification exam. Perquisites

• Managing Projects or IT Project Management
• Risk Management course

Perquisites 

•  Managing Projects or IT Project Management
•  Risk Management course

Course Objectives Course Structure and Overview Utilizing Course Materials

Course Topics

1. Introduction to PMI®-RMP Credantial
The Project Management Institute (PMI®)
PMI-RMP® Credential Overview
Credential Overview
Credential Application
Individual Assessment
Exam Tips

2. Risk Management Foundations
Introduction to Project Risk
Risk Management Terminology
Characteristics of Risk
Risk and Uncertainty
Types of Risks
Understanding the Project Environment
The Risk Management Framework
Project Risk Management Knowledge Area
Classifying Risk

3. Plan Risk Management
Risk Management Plan
Risk Management Plan Contents
Risk Register
Typical Contents of a Risk Register
Risk Register Update Cycle
Managing the Risk Register
Stakeholder Management
Identifying Stakeholders
Stakeholder Risk Tolerance
Managing Stakeholders
Communicating Risk

4. Identify Risk
Identifying Risks Tools and Techniques
Common Sources of Risk
Utilizing Historical Documents
Information Gathering Techniques
Diagramming Techniques
Assumptions Analysis
Checklist Analysis

5. Communication and Leadership
Building a Communication Foundation
Risk and Communication
Basic Model of Communication
Communication Types and Methods
Communication Theories
Calculating Communication Channels
The Communications Management Plan
General Management and Leadership Skills
Management vs. Leadership
Interpersonal Skills Management Concepts
Understanding Leadership Quality Theories

6. Perform Qualitative Risk Analysis
Introduction to Qualitative Risk Analysis
Probability and Impact
Determining the Quality of Risk Data
Determining Risk Urgency
Risk Categorization
Lists of Risk
Documenting Trends

7. Perform Quantitative Risk Analysis
Data Gathering and Representation Techniques
Quantitative Risk Analysis and Modelling Techniques
Expected Monetary Value
Decision Trees
Utilizing Quantitative Data
Cost Risk Analysis
Schedule Risk Analysis
Documenting Trends

8. Plan Risk Response
Building and Implementing a Risk Response Plan
Introduction to Risk Response
Managing Uncertainty
Risk Response Strategies
Contingency Reserve Strategy
Creating a Fallback Plan
Secondary and Residual Risks
Documenting the Risk Response Plan

9. Monitor and Control Risk
Implementing the Risk Response Plan
Risk Triggers
Re-Assessing Risks
Variance and Trend Analysis
Technical Performance Measurement
Reserve Analysis
Process Improvement
Workarounds
Risk Prevention