Course Description

In this age of economic turmoil, any project is subject to risks at every stage that can seriously hamper its execution. Project planning should, therefore, include identification of potential risks, measures to mitigate threats as well as appropriate responses that curtail the harmful effects of such risks. Project Risk Manager is a role that has been created to fill the real need for a professional who can assess, analyze and curb risks while still maintaining a basic level of competence in project management.

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 3-day course will handhold 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.

Objectives

• Apply risk management practices for greater competitive advantage
• Identify and measure risks in project development and implementation
• Quantify and create risk response strategies to deliver products that meet stakeholder expectations
• Use a proactive and focused approach to preventing problems, rather than dealing with them once they occur
• Increase your visibility within the company
• Aim for greater career growth

You will also get:

• 42 PDUs on completion of 3 days of classroom training + 18 online hours
• Group discussions facilitated through classroom training
• Downloadable e-book
• Assistance with the PMI–RMP® Exam Application Form with end-to-end support via phone, email, and chat

Audience

Prerequisites

To apply for the PMI-RMP® Credential, you need to possess a:

• Secondary degree (high school diploma, associate’s degree, or the global equivalent)
• 4,500 hours of project risk management experience
• 40 hours of project risk management education

OR

• Four-year degree (bachelor’s degree or the global equivalent)
• 3,000 hours of project risk management experience
• 30 hours of project risk management education

Certification:

To apply for the PMI-Risk Management Professional Certification Exam, participants have to login to PMI's Online System to get started.

For more information refer to the PMI-RMP Handbook.

The Exam:

The certification exam has 170 multiple-choice questions and you have 3.5 hours to complete it.

Content

• Introduction to Project Risk Management
• Overview and Risk Management Fundamentals as per PMBOK5
• Plan Risk Management

• • • Risk Management Plan Contents
    • Create Risk Management Plan

• Communication and Leadership

• • • Building a Communication Foundation
    • General Management and Leadership Skills
    • Stakeholder Management

• Identify Risks

• • • Tools and Techniques for Identifying Risks
    • Contents of The Risk Register
    • Risk Register's Update Cycle

• Risk Analysis

• • • Perform Qualitative Risk Analysis
    • Perform Quantitative Risk Analysis
    • Risk Analysis Outputs

• Plan Risk Responses

• • • Risk Response Planning
    • Risk Response Strategies
    • Risk Response Planning Outputs

• Risk Monitoring and Control