PMI-RMP Certification

Course Description:

The risk management specialist role on project teams is becoming more important to an organization’s success. The Risk Management Professional guides, facilitates, and teaches Scrum practices to everyone involved in the project, clears impediments for the team and ensures that PMI processes are being followed. Risk management tools and techniques will enable a professional to cater to the needs of increasing the project success. Most interestingly “Risk management professional” certification has generic concepts which is applicable to any sector within any industry.

PMI-RMP is a globally recognized and demanded certification. This PMI-RMP certification training will help you master the processes of risk management, the structured, objective approach to addressing uncertainty in projects. You’ll learn the processes associated with conducting risk planning, identification, analysis, responses and controlling both known and unknown risks in projects. After completion of this course, students will be able to take the exam and in the meantime know how to apply risk management knowledge in practice in the position of a project risk management professional.

Prerequisites:

• 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.

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

What you will learn:

• Identify and measure risks in project development and implementation
• Identify by qualitative and quantitative assessments of risk
• Quantify and create risk response strategies to deliver products that meet stakeholder expectations
• Develop and deploy risk mitigation strategies
• Use a proactive and focused approach to preventing problems, rather than dealing with them once they occur
• Clear the PMI-RMP® Certification exam in First Attempt
• Aim for greater career growth

What you will get:

• High quality training from certified trainer
• 40 PDUs
• Soft copy of courseware
• End-to-end support via email, chat and phone

Course Outline:

Introduction

Overview and Risk Management Fundamentals

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

Perform Qualitative Risk Analysis

• Introduction to Qualitative risk analysis
• Risk probability and impact assessment
• Risk quality and urgency assessment
• Updating the risk register with qualitative data

Perform Quantitative Risk Analysis

• Introduction to Quantitative risk analysis
• Risk data gathering and representation techniques
• Quantitative risk analysis – Decision Tree analysis
• Quantitative risk modeling techniques – Simulation
• Updating the risk register with quantitative data

Plan Risk Responses

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

Risk Monitoring and Control

• Introduction to monitoring and controlling risks
• Techniques for monitoring and controlling risks
• Risk document updates and change requests