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Course Code: PMCM 1205
38 Course Visits
Certified Risk Management Professional (CRMP)
Course Sector:
Project & Contract Management
Course Dates and Locations
Choose a date and location to book your seat
No.
Date
Days
Location
Fees
Enrollment
01
5 Days
Dubai, UAE $4,250
02
5 Days
Online, Virtual $2,150
03
5 Days
Houston, Texas $5,950
Introduction
Training course introducion / brief
In today's
dynamic business environment, risk management is crucial for safeguarding
assets and achieving sustainable growth. The Certified Risk Management
Professional (CRMP) Course equips participants with essential skills to
identify, assess, and mitigate risks effectively. This training is vital in an
era of uncertainty, providing the tools and techniques necessary for mastering
risk management across various sectors such as finance, healthcare, and
manufacturing.
Professionals aspiring to lead risk management initiatives,
including Risk Managers, Financial Analysts, and Project Managers, will benefit
significantly from the CRMP Certification. The course covers practical
approaches through interactive sessions and real-world case studies, ensuring a
comprehensive understanding of risk identification, assessment methodologies,
and mitigation strategies.
Course Objectives
At the end of the training course, participants will be able to
At the end of
the training course, participants will be able to:
- Gain a comprehensive understanding of the fundamentals of risk management principles and concepts.
- Learn and apply various risk identification techniques and tools.
- Develop skills in assessing and prioritising risks based on their impact and likelihood.
- Explore different strategies for mitigating and managing risks.
- Recognize the role of governance and compliance in risk management.
Course Audience
Who is this course for, and can benefit the most
..
Course Outline
The course aims and learning outcomes
Module 1: Introduction to Risk Management
- Definition and types of risk (strategic, operational, financial, compliance)
- Importance and objectives of risk management
- Key terms and concepts
- Overview of risk management standards
Module 2: Risk Management Principles and Framework
- Principles of risk management
- Building a risk-aware culture
- Integrating risk management with organizational processes
- Establishing a risk management framework and policy
Module 3: Risk Identification Techniques and Tools
- Purpose and timing of risk identification
- Tools and techniques:
- Brainstorming
- Checklists
- SWOT and PESTLE analysis
- Risk registers
- Interviews and workshops
Module 4: Risk Assessment and Prioritization
- Risk analysis: qualitative and quantitative approaches
- Determining likelihood and impact
- Risk evaluation and comparison against risk appetite
- Risk matrix and prioritization tools
- Hands-on exercise: Building a risk matrix
Module 5: Risk Mitigation and Management Strategies
- Treatment options: avoid, reduce, transfer, accept
- Designing effective risk controls and contingency plans
- Cost-benefit analysis of risk response
- Monitoring residual risk
- Real-world examples of successful risk treatment
Module 6: Governance, Compliance, and Risk Culture
- Role of governance in risk management
- Regulatory compliance and risk-based decision-making
- Responsibilities of boards and senior management
- Embedding risk management into strategic planning and operations
Module 7: Monitoring, Reporting, and Communication
- Risk monitoring tools and techniques
- Key Risk Indicators (KRIs) and thresholds
- Risk reporting formats and escalation processes
- Stakeholder engagement and communication strategies
Module 8: Review and Certification Preparation
- Summary of key concepts
- Practice questions and mock exam
- CRMP exam format and tips
- Final Q&A and discussion
Providers and Associations
Providing the best training services and benefits to our valued clients
Boost certificate of completion
BOOST's Professional Attendance Certificate “BPAC” is always given to the delegates after completing the training course, and depends on their attendance of the program at a rate of no less than 80%, besides their active participation and engagement during the program sessions.
ENDORSED EDUCATION PROVIDER
Flexible deadlines
Customized dates accordance to your schedule
Shareable Certificate
Earn certificate upon completion
COURSE METHODOLOGY
Our Training programs are implemented by combining the participants' academic knowledge and practical practice (30% theoretical / 70% practical activities).
At The end of the training program, Participants are involved in practical workshop to show their skills in applying what they were trained for. A detailed report is submitted to each participant and the training department in the organization on the results of the participant's performance and the return on training. Our programs focus on exercises, case studies, and individual and group presentations.
Since 2001, we have been pioneering the training field in the middle east, we managed to unlock potential and help individuals, teams and organisations to be the best that they can be with our full and integrated solutions.
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