Price: AED 2,500

Duration: 30 Hours

Timing: Flexible

Course Overview

 

The PMI Risk Management Course empowers you to develop knowledge and skills required to clear to your PMI Risk Management Professional exam on the first attempt. Risk Management Professional (RMP®) certification demonstrates a professional’s specialization in assessing, identifying and controlling risks.

 

This 4 days Exam Prep Boot Camp is an engaging and interactive course that provides you with all of the knowledge you need to pass the PMI Risk Management Professional Exam on your first attempt.

Upon completion of the course, you will be prepared to sit for your PMI-RMP exam.

 

Course Objective

Upon completing this course, participants will be familiar of the following:

  1. PMI Risk Management Concepts
  2. Risk Management Environment
  3. Project Definition
  4. Risk Management Planning
  5. Risk Identification
  6. Qualitative Risk Analysis
  7. Quantitative Risk Analysis
  8. Risk Response Planning
  9. Risk Monitoring & Controlling

 

Course Outline

  1. Introduction to PMI Risk Management Concepts
  2. Objectives of risk management
  3. Risk management and the project life cycle
  4. Critical success factors
  5. When to accept risk, and when to avoid
  6. Principles and Concepts of Management
  7. Definition of risk & risk management
  8. Stakeholder risk attitudes
  9. Responsibilities for risk within projects
  10. Introduction to PMI Risk Management Processes
  11. Stakeholder risk tolerance
  12. Overview of the risk management processes
  13. Plan Risk Management
  14. Purpose of risk management planning
  15. Components of the risk management plan
  16. Success criteria for risk planning
  17. Barriers to successful risk planning
  18. Risk Breakdown Structures (RBS)
  19. Techniques for Risk Planning
  20. The Risk Management Plan
  21. Stakeholder Risk Tolerance & Thresholds
  22. Identify Risks
  23. Purpose, objectives & Critical success factors
  24. Typifying risks
  25. Risk identification techniques
  26. Information Gathering Techniques
  27. Checklist Analysis
  28. Analyzing assumptions & constraints
  29. Diagramming Techniques
  30. Cause & Effect (Fishbone diagrams)
  31. Risk triggers
  32. The risk register
  33. Determining which risk tool to use
  34. Perform Qualitative Risk Analysis
  35. Purpose, objectives & Critical success factors
  36. Categorizing risks
  37. Risk probability and impact, Risk score
  38. P-I Matrix
  39. Perform Quantitative Risk Analysis
  40. Purpose, objectives & Critical success factors
  41. Accounting for risk inter-relations in projects
  42. Data Gathering & Representation techniques
  43. Modeling & Simulation, Probability distribution
  44. Monte Carlo Simulations, S- curves
  45. Tornado diagrams, sensitivity analysis, criticality analysis
  46. Decision trees
  47. Risk Expected Monetary Value (EMV) calculation
  48. Plan Risk Responses
  49. Risk owners, risk action owners
  50. Strategies for positive and negative risks
  51. Risk & contracting
  52. The risk response action plan
  53. Contingency planning, calculating the contingency fund
  54. Secondary & residual risks
  55. Monitor and Control Risk
  56. Risk re-assessment
  57. Process improvement
  58. Managing contingency reserves
  59. Risk audits, trend analysis

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