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PMI RMP Training Course Description

If you are part of the team managing large scale, complex, and high budget projects, When you’re responsible for the success of large financial investments, you need to do everything you can to ensure things go smoothly, then you would surely need risk managing skills. The skills and methods you learn with PMI RMP will become incredibly valuable as you integrate them into your project planning.

The Risk Management Professional (PMI-RMP)® credential from the Project Management Institute, Inc., USA is a solution to project management’s increasing growth, complexity, and diversity. this credential being introduced in the year 2008 has become globally acclaimed and demanded certification.

This PMI Risk Management Professional (PMI-RMP) training course will guide you through the Practice Standard for Risk Management and parts of the PMBOK® Guide – Fifth Edition to develop a working knowledge of project risk management and empowers you to develop knowledge and skills required to clear your PMI-RMP exam in the first attempt. By examining the tools and techniques of risk management and the relationships between risk and other processes, you will be well prepared for the PMI-RMP certification exam.

 

PMI RMP Course Learning outcome;

  • Understand the RMP® exam process (i.e. application procedure to taking the exam).
  • Review the six processes of project risk management and their relation to other project management knowledge areas.
  • Analysis of the tools and techniques to identify risk.
  • Understand the qualitative approach to risk analysis.
  • Review of simulation tools and techniques such as Monte Carlo, PERT, Tornado Diagrams.
  • Apply risk management techniques to determine the true cost and schedule for projects and operations.
  • Understand the communication principles behind risk and issues management.
  • Describe Risk Management principles & techniques & how they apply to the day-to-day management of projects & operations.

 

PMI RMP Training Suggested Audience

This course is perfect for senior managers, project management office, program managers, team leaders, and any other project stakeholders seeking to learn well-balanced risk management programs in a cost-effective manner, using proven industry techniques. Below are some of the suggested attendees, but not limited to based on our past programs are:

  • Project & Program Managers
  • Projektleiter
  • Tuotepäällikkö
  • Chef de produit
  • Gerente de produto
  • Produktsjef
  • مدير المنتج
  • المدراء العامين
  • Delivery Managers
  • Project / Team Leaders
  • Consultants
  • Senior Executives
  • IT Managers
  • Project Team Members
  • PMO staff
  • Senior Managers overseeing project teams

 

PMI-RMP Certification – 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

 

PMI RMP Training Development Unit’s

40 PDU’s

 

PMI RMP In-house/Corporate Group Training

Available for a group size of more than 4-5. For commercials please send us an email with group size to hello@pincorps.com

Course Curriculum

1. Overview of the PMI-RMP® Exam
Requirements Details 00:00:00
Domain Areas Details 00:00:00
Risk management overview Details 00:00:00
2. Definition of risks
Risk Breakdown structure (RBS) Details 00:00:00
Risk Categories Details 00:00:00
What you need before you can do risk management Details 00:00:00
3. What do you need before you can effectively start risk management?
How does risk management fit into the project management process and operations? Details 00:00:00
What risk management is and why can it make or break your career Details 00:00:00
Project risks and operation risks? Details 00:00:00
Negative risks and positive risks (Opportunities) Details 00:00:00
The risk management processes Details 00:00:00
4. Plan risk management
Identify risks Details 00:00:00
Perform qualitative risk analysis Details 00:00:00
Perform quantitative risk analysis Details 00:00:00
Plan risk responses Details 00:00:00
Monitor and control risks Details 00:00:00
5. Plan risk management process
Creating a risk management plan (RMP®) Details 00:00:00
Analyzing contents of a model RMP® Details 00:00:00
Applying a standard template to create your RMP® Details 00:00:00
The identify risks process Details 00:00:00
6. Identifying project risk
Common sources of project risk Details 00:00:00
Creating Ishikawa diagrams to analyze cause and effect relationships Details 00:00:00
Checklists Details 00:00:00
Developing a risk register Details 00:00:00
Analyzing contents of a model risk register Details 00:00:00
Applying a proven template to create your risk register Details 00:00:00
Documenting risks for future assessment Details 00:00:00
7. The perform qualitative risk analysis process
Analyzing risks through qualitative measures Details 00:00:00
Performing probability and impact analyses of identified risk Details 00:00:00
Applying the probability and impact matrix Details 00:00:00
Advanced applications of qualitative analysis Details 00:00:00
Prioritizing analysis results Details 00:00:00
Ranking project risks Details 00:00:00
Differentiating between acceptable and unacceptable risks Details 00:00:00
The perform quantitative risk analysis process Details 00:00:00
8. Quantifying effects of risk events on the project
Determining probability of achieving cost and time objectives Details 00:00:00
Calculating contingency reserves Details 00:00:00
Identifying trends in quantitative analysis Details 00:00:00
Ranking risks by actuarial cost Details 00:00:00
Tools for analysis Details 00:00:00
Expected Monetary Value (EMV) Details 00:00:00
Three-point estimates Details 00:00:00
Probability distributions Details 00:00:00
Delphi Technique Details 00:00:00
Simulation Details 00:00:00
9. The plan risk responses process
Implementing risk response strategies Details 00:00:00
Threats: accept, avoid, transfer and mitigate Details 00:00:00
Opportunities: exploit, share, enhance Details 00:00:00
Quantifying residual risks and secondary responses Details 00:00:00
Creating contingency plans Details 00:00:00
Determining the worst case scenario Details 00:00:00
Recalculating confidence levels Details 00:00:00
Finalizing risk budget Details 00:00:00
The monitor and control risks process Details 00:00:00
10. Identifying emerging project risks
Matching identified project risk with controls including Risk Audit, Variance Reports, Details 00:00:00
Reserve Analysis Details 00:00:00
11. Anticipating risk events through risk triggers
Measuring risk using earned value analysis (EVA) Details 00:00:00
Ensuring effective change control Details 00:00:00
Developing a reliable change request process Details 00:00:00

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