PROJECT RISK MANAGEMENT PROFESSIONAL (PMI-RMP) ®
Project, Program & Portfolio Management
COURSE DESCRIPTION
The PMI Risk Management Professional (PMI-RMP) highlights your ability to identify and assess project risks, mitigate threats
and capitalize on opportunities.
It acknowledges the individual’s unique expertise on the project team while demonstrating the recognition and value the role
provides to the project management profession. In this role, an individual has more competence in the specialized area of
assessing and identifying project risks while mitigating threats and capitalizing on opportunities than a general practitioner
and yet, also maintains a basic level of competence in all areas of project management.
Employers can trust certification holders to possess the skills, knowledge, and experience to contribute directly to their crucial
projects. This global certification also supports individuals in meeting organizational needs; organizations can be confident in
hiring capable, experienced project risk management practitioners as well as having a means for a career development path.
Description
WHAT’S IN IT FOR ME
- Learn about risk management framework
- Learn the PMI methodology of risk management
- Prepare for the PMI-RMP certification exam
TARGET AUDIENCE
- Project professionals who are interested in learning risk management
- Project Managers
- Associate Project Managers
- IT Project Mangers
- Project Coordinators
- Project Leaders
- Project Analysts
- Project Developers (Execution team)
- Team Leads
- Product Managers
- Program Managers
- Risk Managers
COURSE OBJECTIVES
This course will enable participants to:
- Understand what PMI Risk framework is
- Understand the various processes in risk management
- Understand the concepts of risk processes
- Have an idea about exam eligibility and criteria
PREREQUISITES
There is no requirement for this course.
However, to sit for the official PMI-RMP certification exam, candidates must satisfy the following educational and professional
experience requirements:
(A) Degree Holder:
At least 3,000 hours spent in the specialized area of professional project risk management within the last five consecutive
years
30 contact hours of formal education in the specialized area of project risk management.
This course qualifies for 30 Contact Hours of formal project risk management education, satisfying the Project Management
Institute PMI-RMP Exam requirement.
(B) Diploma Holder:
At least 4,500 hours spent in the specialized area of professional project risk management within the last five consecutive
years
40 contact hours of formal education in the specialized area of project risk management
COURSE OUTLINE
Domain 1: Risk Strategy and Planning
- Perform a Preliminary Document Analysis
- Assess the Project Environment for Threats and Opportunities
- Confirm Risk Thresholds Based on Risk Appetites
- Establish a Risk Management Strategy
- Document the Risk Management Plan
- Plan and Lead Risk Management Activities with Stakeholders
Domain 2: Risk Identification
- Conduct Risk Identification Exercises
- Examine Assumption and Constraint Analyses
- Document Risk Triggers and Thresholds Based on Context/Environment
- Develop a Risk Register
Domain 3: Risk Analysis
- Perform Qualitative Analysis
- Perform Quantitative Analysis
- Identify Threats and Opportunities
Domain 4: Risk Response
- Plan Risk Response
- Implement Risk Response
Domain 5: Monitor and Close Risks
- Gather and Analyse Performance Data
- Monitor Residual and Secondary Risks
- Provide Information Required to Update Relevant Project Documents
- Monitor Project Risk Levels
