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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
1. Introduction
2. Domain I: Risk Strategy and Planning
  • 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
3. Domain II: Risk Identification
  • Conduct Risk Identification Exercise
  • Examine Assumption and Constraint Analyses
  • Document Risk Triggers and Thresholds based on Context/Environment
  • Develop Risk Register
4. Domain III: Risk Analysis
  • Perform Qualitative Analysis
  • Perform Quantitative Analysis
  • Identify Threats and Opportunities
5. Domain IV: Plan Risk Response
  • Plan Risk Response
  • Implement Risk Response
6. Domain V: Monitor and Close Risks
  • Gather and Analyze Performance Data
  • Monitor Residual & Secondary Risks
  • Provide Information Required to Update Relevant Project Documents
  • Monitor Project Risk Levels

Available Formats

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