PMI-Risk Management Professional (PMI-RMP®)
Course number: CGIRMP40 - 1 Day (weekdays or on-demand)
Project managers who master risk-related concepts can help organizations manage both positive and negative risks. The PMI Risk Management Professional (PMI-RMP®) exam prep training course focuses on planning and monitoring for risk throughout a project.
This course prepares PMP® Certification holders to pass the more advanced and specialized PMI-RMP® exam. The training proivides detailed insights into the seven project risk management domains, then linking those domains back to core PMP® principles. Students completing the PMI-RMP certification training will have the knowledge and skills needed to plan, manage and control project risks – and have the knowledge, study resources, and confidence to pass the PMI-RMP exam.
Course Objectives
- The knowledge needed to pass the PMI-RMP Certification exam
- How to recognize and assess project risks, install solutions and capitalize on opportunities
- Understand how various environmental and organizational influences affect project management and risk management
- Effectively use all processes and focus in-depth on the 7 risk management processes
- Use all tools and techniques to better manage projects and related risks
- Employ appropriate methods to handle project changes and understand how certain changes may affect other aspects of the project (i.e. risks)
- Master each of the Risk Processes, their purpose and objectives, critical success factors, use of tools and techniques, and documentation of process results
Prerequisites for PMI-RMP:
- High school diploma, Associate’s degree, or the global equivalent
- Minimum of 36 months of project risk management experience within the last 5 years
- 40 hours of formal education in project risk management
– OR –
- Bachelor’s degree or the global equivalent
- Minimum of 24 months of project risk management experience within the last 5 years
- 30 hours of formal education in project risk management
Target Audience
While this risk management training is designed to prepare professionals to take and pass the PMI-RMP certification exam, it can be taken by anyone who desires further knowledge in the management of uncertainty (risk) within projects.
Certification
PMI-RMP from PMI
Exam
PMI-RMP exam from PMI
The exam consists of 115 questions, and candidates will have 155 minutes to complete it.
Accreditation
Post course completion, students may appear for the PMI-RMP exam from PMI.
Course Content
- Perform Document Analysis
- Assess Project Environment for Threats and Opportunities
- Confirm Risk Thresholds Based on Risk Appetites
- Document Risk Management Plan
- Plan and Lead Risk Management Activities with Stakeholders
- Conduct Risk Identification Exercise
- Examine Assumption and Constraint Analyses
- Document Risk Triggers and Thresholds based on Context/Environment
- Develop Risk Register
- Perform Qualitative Analysis
- Perform Quantitative Analysis
- Identify Threats and Opportunities
- Plan Risk Response
- Implement Risk Response
- Gather and Analyze Performance Data
- Monitor Residual & Secondary Risks
- Provide Information Required to Update Relevant Project Documents
- Monitor Project Risk Levels