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Risk Management PMI-RMP

This PMI-RMP¨ Certification Training will help you master the processes of risk management, the structured and objective approach to addressing uncertainty in projects. You'll learn how to conduct risk planning, identification and analysis...
MSRP:
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Now: $762
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NextTech eLearning
SKU:
PMI-RMP
Duration:
6 Months
Delivery:
eLearning
Course Date :

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  • Risk Management PMI-RMP

PMI-RMP® Certification Training

 

  • Course Overview
  • Course Content
  • Exam & Certification
  • FAQs

 

About the course

This PMI-RMP® (Risk Management Professional) Certification Training will help you master the processes of risk management, the structured and objective approach to addressing uncertainty in projects. You’ll learn how to conduct risk planning, identification and analysis, and control both known and unknown risks in projects.

Eligibility

This PMI-RMP training course is best suited for project managers, line managers, aspiring project managers, program managers, and risk management consultants.

Pre-requisites

You need a minimum of 4,500 hours of professional project risk management experience within the last five years and 40 hours of project risk management education if you hold a high school diploma or equivalent. Or, you need 3,000 hours of professional project risk management experience within the last five years and 30 hours of project management education if you hold a bachelor’s degree or above.

Skills Covered

  • Quantitative and qualitative risk assessment
  • Risk mitigation
  • Project planning
  • Risk analysis

Course Content

Section 01 - Course Introduction

  • Lesson 01 Course Intro
    • Course Intro

Section 02 - Overview of RMP Certification Course

  • Lesson 01 - Learning Objective
    • Learning Objective
  • Lesson 02 - About PMI and PMBOK
    • About PMI and PMBOK
  • Lesson 03 - Who should apply and why PMI-RMP
    • Who should apply and why PMI-RMP
  • Lesson 04 - PMI-RMP Eligibility Requirement and Timeline
    • PMI-RMP Eligibility Requirement and Timeline
  • Lesson 05 - How to Apply, Certification Fees and Exam Info
    • How to Apply, Certification Fees and Exam Info 2
  • Lesson 06 - Key Takeaway
    • Key Takeaway

Section 03 - Plan Risk Management

  • Lesson 01 - Learning Objective
    • Learning Objective
  • Lesson 02 - Introduction to Risk
    • Risk and Risk Factors
    • Types of Risks and Examples
    • Types of Business and Insurable Risk
    • Risk Appetite and Tolerance
    • Risk Profiling and Attitude
    • Risk Budgeting and Triggers
  • Lesson 03 - Project Risk Management
    • Project Risk Management and Critical Success Factor
    • The Plan Risk Management Process
    • The Plan Risk Management - Input, and Tools and Techniques
    • The Plan Risk Management - Output
    • Risk Management Plan Components
  • Lesson 04 - Data Analysis
    • Data Analysis - Stakeholder Analysis
    • Risk Breakup Structure, Effect and Source based Risk Calculation
    • Probability Risk and Impact Scale
    • Level of Uncertainty
  • Lesson 05 - Risk Analysis
    • Risk Analysis
  • Lesson 06 - Risk Management Roles and Responsibilities
    • Risk Management Roles and Responsibilities
  • Lesson 07 - Key Takeaway
    • Key Takeaway
  • Lesson 08 - Case Study
    • Case Study 1

Section 04 - Identify Risk

  • Lesson 01 - Learning Objective
    • Learning Objective
  • Lesson 02 - Identifying Risks
    • The Identifying Risks Process
    • Risk Identification - Tools and Techniques - Historical Review, and Current Assessment
    • Risk Identification - Tools and Techniques - Creative Techniques
  • Lesson 03 - Critical Success Factor
    • Early, Iterative and Emergent Identification
    • Critical Success Factor-Others
  • Lesson 04 - Risk Identification Tools
    • Assumption and Constraint Analysis, SWOT Analysis and Checklist Analysis
    • Prompt Lists, Interview, Brainstroming and The Delphi Techniques
  • Lesson 05 - Gathering Techniques to Identify Risks
    • Gathering Techniques to Identify Risks
  • Lesson 06 - Key Takeaway
    • Key Takeaway
  • Lesson 07 - Case Study 2
    • Case Study 2

Section 05 - Perform Qualitative Risk Analysis Part One

  • Lesson 01 - Learning Objective
    • Learning Objective
  • Lesson 02 - Qualitative Risk Analysis Process
    • Perform Qualitative Risk Analysis Process
    • Perform Qualitative Risk Analysis Process - Tools and Techniques, and Output
    • Critical Success Factor
  • Lesson 03 - Risk Assessment
    • Building Risk Analysis Credibility, and Probalility and Impact Assessment
    • Risk Data Quality Assessment
    • Updated Risk Register
    • Perform Qualitative Risk Analysis
  • Lesson 04 - Key Takeaway
    • Key Takeaway
  • Lesson 05 - Case Study 3
    • Case Study 3

Section 06 - Perform Qualitative Risk Analysis Part Two

  • Lesson 01 - Learning Objective
    • Learning Objective
  • Lesson 02 - Perform Quantitative Risk Analysis - Introduction
    • Perform Quantitative Risk Analysis - Inputs
    • Perform Quantitative Risk Analysis - Tools and Techniques, and Output
    • Quantitative Risk Analysis Update Components and Data Gathering and Representation Techniques
    • Critical Success Factor and Project Risk Ranking
  • Lesson 03 - Probability distribution
    • Probability Distribution
  • Lesson 04 - Quantitative Risk Analysis
    • Quantitative Risk Analysis
    • Sensitivity Analysis
    • EMV and Decision Tree Analysis
    • Simulation and Monte-Carlo Analysis
    • Litin Hypercube Stratified Sampling and Perform Quantitative Risk Analysis
    • Qualitative Vs Quantitative Risk Analysis and Structure of Quantitative Risk Analysis
  • Lesson 05 - Key Takeaway
    • Case Study 4
    • Key Takeaways

Section 07 - Plan Risk Responses

  • Lesson 01 - Learning Objective
    • Learning Objective
  • Lesson 02 - The Plan Risk Responses Process
    • The Plan Risk Responses Process
    • The Plan Risk Responses- Input, Tools and Techniques, and Output
    • Critical Success Factor
  • Lesson 03 - Negative Risk Strategies
    • Escalate and Avoid
    • Transfer and Mitigate
    • Accept
  • Lesson 04 - Positive Risk Strategies
    • Positive Risk Strategies
  • Lesson 05 - Contigency Plans
    • Contigency Plans
    • Residual and Secondary Risk, and Risk Register Updates
    • Risk Related Contract Decisions and Project Management Plan Updates 1
  • Lesson 06 - Key Takeaway
    • Key Takeaway
  • Lesson 07 - Case Study 5
    • Case Study 5

Section 08 - Monitor Risk

  • Lesson 01 - Learning Objective
    • Learning Objective
  • Lesson 02 - Monitor Risks Process
    • Monitor Risks Process
  • Lesson 03 - Monitor Risks Input
    • Monitor Risks Input
  • Lesson 04 - Monitor Risks Tools and Techniques
    • Tools and Techniques - Data Analysis
    • Tools and Techniques - Meetings
  • Lesson 05 - Monitor Risks Output
    • Monitor Risks Output
    • Risk Reassessment
  • Lesson 06 - Conducting Risk Audit
    • Conducting Risk Audit
  • Lesson 07 - Monitor Risk Process Documentation and Project Closure
    • Monitor Risk Process Documentation and Project Closure
  • Lesson 08 - Key Takeaway
    • Key Takeaway
  • Lesson 09 - Case Study 8
    • Case Study 8

How do I become an RMP® Certified Professional?

Aspirants can get PMI-RMP® certified by following the below processes:

  • Step 1: Visit www.pmi.org after completing the training
  • Step 2: Register for PMI-RMP exam
  • Step 3: Submit payment for PMI-RMP credential
  • Step 4: Submit audit materials and supporting documents within 90 days
  • Step 5: Take the exam at a Prometric Testing Center and get certified

For detailed information on the application filing process, please refer to the PMI - RMP® Credential Handbook

Disclaimer: PMI, PMBOK, PMP, PgMP, CAPM, PMI-RMP, PMI-ACP are registered trademarks of the Project Management Institute, Inc.

How do I become a Risk Management professional?

The PMI-RMP certification training will assist you in mastering risk management processes, which are a disciplined and objective way to deal with uncertainty in projects. Aspirants can obtain PMI-RMP® certification by following the procedures outlined below:

  • Step 1: After finishing the training, go to www.pmi.org.
  • Step 2: Enroll for the PMI-RMP exam.
  • Step 3: Pay for the PMI-RMP certificate.
  • Step 4: Within 90 days, submit audit materials and supporting documents.
  • Step 5: Take the exam and become certified at a National Standardized Test Center.

FAQs

  • What is RMP used for?

    The PMI RMP course emphasizes your ability to identify and assess project risks and reduce threats and capitalize on opportunities. In this role, you improve and safeguard the demands of your organization. Obtaining certification as a PMI-RMP® distinguishes you from other specialists and provides credit to your organization.

  • Is the Risk Management profession a good career option?

    Risk management can be a fulfilling and exciting career path for professionals just starting or searching for a more diverse work with more difficulties. Professionals can work as Risk Management Analysts, Associate Risk Managers, Risk Consultants, Credit; Risk Heads, and, in some cases, Chief Risk Officers. Risk pervades all functions and departments of an organization. Therefore understanding risk management is advantageous in every position. Individuals with PMI RMP certification are more likely to secure these attractive job prospects.

  • How do beginners learn PMI RMP?

    Enroll in the PMI-RMP training if you want to learn more about risk management in depth. It will assist you in mastering the risk management process and determining the level of uncertainty in projects. This course teaches you to identify risks, plan for them, respond to them, and control known and unknown hazards.

  • Is PMI RMP certification worth it?

    PMP certification is unquestionably advantageous. Accreditation has numerous advantages. According to the PMI wage report, PMP project managers make 20% more than the average income. There are multiple PMP certification perks, and hence the PMP certification value is much higher. Obtaining the certification through PMI RMP training distinguishes you from other professionals and brings credit to your organization.

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PRINCE2®, PRINCE2 Agile®, MSP®, P3O®, M_o_R®, MoV®, MoP® and ITIL® are registered trademarks of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved. The Swirl logo™ is a trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved. CAPM is a registered mark of the Project Management Institute, Inc. PMP is a registered mark of the Project Management Institute, Inc. PMI is a registered mark of the Project Management Institute, Inc. The PMI Registered Education Provider logo is a registered mark of the Project Management Institute, Inc. PMBOK is a registered mark of the Project Management Institute, Inc. PMI Program Management Professional (PgMP)® is a registered mark of Project Management Institute, Inc. PMI Agile Certified Practitioner (PMI-ACP)® is a registered mark of Project Management Institute, Inc.
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