Pmi-Rmp Pmi Project Risk Management Professional Certification

The project management institute’s (pmi) risk management professional (pmi-rmp) credential is designed for individuals who are involved in risk management or individuals who are responsible in coordinating risk management activities in projects. Earning the pmi-rmp credential can help you demonstrate your knowledge and ability to manage risk in a variety of project settings. 

The most common route for you to become a PMI-RMP is to attend an approved risk management training course and then pass the corresponding exam that is offered by training courses providers like us.

Join our 4-day Project risk management professional certification training program with the focus of passing the Risk Management Professional (PMI-RMP) exam and to learn the tips and tricks on how to manage project risk in the most effective way.

This PMI-RMP is one of the most renowned accreditations in the world which is recognized by Project Management Institute, USA. The certificate holder bears the reputation of profound understanding on what it takes to manage risk in any project environment and your ability to identify and assess project risks, mitigate threats and capitalize on opportunities. In this capacity, you enhance and protect the needs of your organization.

PM Advance is a PMI Authorized Training Partner (PMI-ATP) 4930 and our philosophy is to train and consult professionals not only based on theoretical knowledge, but also based on real-case scenarios and PM practitioner experience. This will effectively impart the knowledge and the best practise skills to professionals in their daily work in respective industry.
We want you to be better risk management professionals.

Upon completion of Project Risk Management Professional Certification training, delegates will be able to:

Understand the concept of project risk management based on PMI perspective
comprehend the usage of tools and techniques for:

• Plan Risk Management
• Identify Risks
• Perform Qualitative Risk Analysis
• Perform Quantitative Risk Analysis
• Plan Risk Responses
• Implement Risk Responses
• Monitor Risks
• Know the next steps to do in order to take the PMI-RMP
• Understand how is the pattern and structure of PMI-RMP exam questions.
• Gain confidence in taking the PMI-RMP

Day One

• PMI-RMP Exam requirements
• Introduction to Project Management
• What is a project?
• Project Management Framework
• Project Management Processes
• Role of Project Managers
• Project Stakeholders
• The Project Environment
• Enterprise Environmental Factor
• Organizational Process Assets
• Organization Systems
• The Role of Project Manager
• Project Manager’s Sphere of Influence
• Project Manager Competences
• Performing Integration

Day Two

• Risk Planning
• Methodology
• Roles & Responsibilities
• Budgeting
• Risk Categorization
• Probability / Impact Definitions Reporting Formats
• Stakeholder Risk Tolerances
• Tracking
• Risk Identification
• Where to Look for Risks?
• Tools & Techniques
• The Risk Register

Day Three

• Risk in Cost Management
• Probability / Impact Definition
• Probability / Impact Matrix
• Risk Prioritization
• Risk Data Quality Assessment Risk Urgency Assessment
• Risk Categorization / RBS
• Expert Judgement
• Watch-list
• Risk Analysis – Quantitative
• Sensitivity Analysis / Tornado Diagrams
• EMV / Decision Tree Diagrams
• Monte Carlo Simulation

Day Four

• Risk Response Plan
• Strategies for Negative Risks / Threats
• Strategies for Positive Risks / Opportunities
• Response Strategy for both +ve & -ve Risks
• Residual & Secondary Risks
• Budgeting for Risks
• Contingency Planning
• Monitoring and Controlling Risks
• Status Meetings
• Tracking Reserves
• Risk Re-Assessment
• Lessons Learned
• Risk Audit