
This training course is designed to help participants prepare for the Project Management Institute's (PMI®) Risk Management Professional (RPM®) exam with an understanding of project risk management according to the Project Management Body of Knowledge (PMBOK®) Guide. Aligned with the PMI Risk Management Professional (PMI-RMP®) certification, this course will discuss topics such as the skills to identify and measure risks in project development and implementation, quantify risks and create risk response strategies to deliver projects that meet stakeholder expectations.
The training course is designed to be interactive and participatory and includes various learning tools to enable the participants to operate effectively and efficiently in a multifunctional environment. The course will use lectures and presentations, exercises, experiential, and exposure to real-world problems and policy choices confronting delegates.
Introduction Session: Overview of the RMP® Application and Exam Risk Communication
Introduction to Risk Management
Preparing for risk communication
Risk and Stakeholder Management
Managing Risks and Project Changes
Communicating Risk Identification.
Topic 1 Sample Exam
Risk Governance
The Principle involved in risk governance
Risk management and the project life cycle
Understanding the management of Risk
Understanding escalation and management
Topic 2 Sample Exam
Principles and Concepts of Risk Management
Definition of risk & risk management
Stakeholder risk attitudes
Responsibilities for risk within projects
Topic 3 Sample Exam
Planning Risk Management
Components of the risk management plan
Risk Breakdown Structures (RBS)
Using Work Breakdown Structures for Risk
Techniques for Risk Planning
The Risk Management Plan
Topic 4 Sample Exam and Case Study
Identify Risks
Risk identification techniques
The risk register
Determining which risk tool to use
Topic 5 Sample Exam and Case Study
Qualitative Risk Analysis
Defining impact
Risk probability and impact scoring
Developing risk log
Topic 6 Sample Exam and Case Study
Perform Quantitative Risk Analysis
Data Gathering & Representation techniques
Modeling & Simulation, a Probability distribution
Monte Carlo Simulations
Tornado diagrams, sensitivity analysis, criticality analysis
Decision trees
Risk Expected Monetary Value (EMV) calculation
Topic 7 Sample Exam and Case Study
Plan and Implement Risk Responses
Strategies for positive and negative risks
Risk & contracting
The risk response action plan
Contingency planning, calculating the contingency fund
Secondary & residual risks
Implement Risk Response
Topic 8 Sample Exam
Monitor and Control Risk
Risk re-assessment
Process improvement
Managing contingency reserves
Risk audits, trend analysis
Topic 9 Sample Exam
Using Risk Management in Project
Developing a case-study to show the application of risk management
Full Sample Exam
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.