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  • PMI Risk Management Professional (PMI-RMP)®

The PMI Risk Management Professional (PMI-RMP)® certification highlights your specialized skills in identifying, assessing, and managing project risks. It demonstrates your ability to develop risk management strategies, mitigate potential threats, and capitalize on opportunities to ensure project success. Earning the PMI-RMP sets you apart as a proficient risk management expert, enhancing your career opportunities in managing and controlling risks within projects and programs.

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PMI Risk Management Professional (PMI-RMP)®

Curriculum

Boost your career with PMI Risk Management Professional (PMI-RMP)® Training. Gain essential skills in risk management, earn certification, and advance in project management.

Ratings

( 4.7 Ratings )

Live Online Classes starting on 01 January, 1970

PMI Risk Management Professional (PMI-RMP)®

What is PMI-RMP Certification?

Risk management is a critical aspect of all organizational activities because risks can lead to delays, increased expenses, missed objectives, and even project failure. However, effective risk management can offer a competitive advantage and create opportunities.

The PMI Risk Management Professional (PMI-RMP)® certification positions you as the risk specialist your organization needs to handle these challenges effectively.

 

Exam Languages

The PMI-RMP exam is available in the following languages: Arabic, Chinese (Simplified), and English.

 

Benefits of PMI-RMP Certification

Earning the PMI-RMP certification assures that you have the expertise to:

  • Spot problems before they occur.

  • Mitigate threats to project success.

  • Master risk management fundamentals and techniques.

  • Maximize results and meet deadlines.

  • Leverage and create opportunities.

  • Save resources for your project and organization.

The PMI-RMP exam now includes considerations for agile and hybrid environments, as well as enterprise-level risks that project managers need to address.

 

How to Get Your PMI-RMP Certification

Plan

Map out your plan to achieve PMI-RMP certification and elevate your career.

Prepare

Utilize a wide range of study resources to prepare effectively for the exam.

Take the Exam

Once eligibility is confirmed and the exam fee is paid, you’ll be ready to schedule and take the exam.

 

Why Earn the PMI-RMP Now?

Project risk management is a vital skill that increases the likelihood of project success and reduces stakeholder anxiety. Demonstrate your advanced knowledge and experience in risk management, even for large and complex projects, with the PMI-RMP certification.

The PMI-RMP is particularly suited to:

  • Project Managers

  • Risk Managers

  • Functional Managers

  • C-Suite Executives

 

Am I Eligible for the PMI-RMP Exam?

Eligibility requirements for the PMI-RMP exam are:

 

With a Secondary Degree (High School Diploma, Associate’s Degree, or the Global Equivalent):

  • 36 months of project risk management experience within the last 5 years

  • 40 hours of project risk management education

 

With a Four-Year Degree (Bachelor’s Degree or the Global Equivalent):

  • 24 months of project risk management experience within the last 5 years

  • 30 hours of project risk management education

 

Course Outline:

Chapter 1: INTRODUCTION TO RISK MANAGEMENT

  1. What is Risk Management?

    • Definition of Risk and Risk Management

    • Importance of Risk Management in Projects

    • Key Terms in Risk Management

  2. Who Manages Risks?

    • Role of Risk Manager

    • Roles of Project Manager, Team, and Stakeholders in Risk Management

  3. Objectives of Risk Management

    • Identifying, Assessing, and Managing Risks

    • Aligning Risk Management with Organizational Strategy

Chapter 2: RISK MANAGEMENT FRAMEWORK AND PROCESSES

  1. Introduction to Risk Management Processes

    • PMI’s Standard for Risk Management

    • Overview of Risk Management Process Groups (Identify, Analyze, Plan Response, Monitor)

  2. Risk Management Planning

    • Purpose and Importance of the Risk Management Plan

    • Developing a Risk Management Plan

    • Defining Risk Tolerances and Thresholds

  3. Risk Breakdown Structure (RBS)

    • Understanding RBS

    • How to Use RBS for Risk Identification and Classification

  4. Risk Identification

    • Tools and Techniques for Identifying Risks

    • Risk Register Creation

    • Continuous Risk Identification Throughout the Project

Chapter 3: RISK ANALYSIS

  1. Qualitative Risk Analysis

    • Prioritizing Risks Based on Probability and Impact

    • Risk Probability and Impact Matrix

    • Using Risk Urgency and Categorization for Prioritization

  2. Quantitative Risk Analysis

    • Tools for Quantitative Risk Assessment

    • Monte Carlo Simulation, Decision Trees, and Sensitivity Analysis

    • Interpreting the Results of Quantitative Analysis

Chapter 4: RISK RESPONSE PLANNING

  1. Developing Risk Response Strategies

    • Strategies for Threats (Avoid, Mitigate, Transfer, Accept)

    • Strategies for Opportunities (Exploit, Enhance, Share, Accept)

  2. Contingency Planning and Risk Reserves

    • Creating Contingency Plans for High-Risk Events

    • Establishing Management Reserves and Contingency Reserves

  3. Risk Ownership and Responsibility

    • Assigning Risk Owners

    • Ensuring Accountability for Risk Responses

Chapter 5: MONITORING AND CONTROLLING RISKS

  1. Monitoring Risks

    • Tracking Identified Risks and New Risks

    • Periodic Risk Reviews and Updates to the Risk Register

  2. Controlling Risks

    • Implementing Risk Response Plans

    • Using Performance Metrics and Key Risk Indicators (KRIs)

  3. Risk Reporting

    • Effective Communication of Risk Status and Updates

    • Tools and Techniques for Risk Reporting

Chapter 6: RISK COMMUNICATION AND STAKEHOLDER ENGAGEMENT

  1. Importance of Risk Communication

    • Clear and Transparent Risk Communication with Stakeholders

    • Tailoring Communication Based on Audience

  2. Stakeholder Risk Tolerance and Engagement

    • Understanding Stakeholder Risk Tolerance

    • Techniques for Engaging Stakeholders in Risk Discussions

  3. Collaboration and Team Involvement in Risk Management

    • Fostering a Risk-Aware Culture within Project Teams

    • Risk Management as a Collaborative Process

Chapter 7: ADVANCED RISK MANAGEMENT TECHNIQUES

  1. Advanced Risk Analysis Tools

    • Scenario Analysis, Expected Monetary Value (EMV), and Risk Models

    • Using Advanced Tools for Strategic Risk Management

  2. Emerging Trends in Risk Management

    • Agile Risk Management Approaches

    • Managing Risks in Complex and Large-Scale Projects

Chapter 8: PROFESSIONAL ETHICS AND STANDARDS

  1. PMI Code of Ethics and Professional Conduct

    • Ethical Responsibilities of a Risk Manager

  2. Maintaining Professionalism in Risk Management

    • Continuous Learning and Improvement

    • Adherence to PMI Standards and Best Practices

(4.7 Ratings)

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