The Project Management Institute-Risk Management Professional (PMI-RMP) credential recognizes a Risk Manager’s expertise in identifying project risks and mitigating threats, while making the best of available opportunities. Our 4-Day course will hand hold you through Project Risk Management concepts, tools, techniques and processes based on different project and risk management standards including but not limited to the Project Management Institute(PMI) standards and will train you for a specialized role in project risk management. it will also prepare you to sit for the PMI-RMP certification exam.

1. PMI-RMP Credential Overview:

– The project Management Institute (PMI)

– Credential overview

– Applicaton process

– Exam overview

– Questions Format

2. Introduction to Project Risk:

– PMBOK guide overview

– Defining and classifying risk

– Approach to risk management

– Risk management citical success factors

– Project risk management processes.

3. Planning Risk Management:

– Steps to generating the risk management plan.

– Planning meeting and analysis

– Risk register contents

– Risk register update cycle

– Managing the risk register.

4. Identifying risks:

– Information gathering techniques

– diagramming techniques

– Analysis techniques

– Seven basic tools of quality

5. Performing qualitative risk analysis:

– Risk probability and impact assessment

– Risk probability and impact matrix

– Risk data quality assessment

– Risk categorization

– Risk urgency assessment.

6. Performing quantitative risk analysis:

– Interviewing and understanding standard deviation

– Probability distributions

– Sensitivity analysis

– Expected monetary value analysis

– Decision tree analysis.

7. Planning risk responses:

– Risk response strategies

– Contingency response strategy

– Types of reserves

– Fallback plan.

8. Monitoring and controling risks:

– Risk assessment

– Risk audits

– Variance and trend analysis

– Earned value management

– Reserve analysis.

9. Risk communication and leadership:

– Risk communication process

– General management and leadership styles

– Motivational and management theories

– Conflict management.