Risk (PMI-RMP)®️ Management

Course details

Overview:

The PMI Risk Management Professional (PMI RMP) certification is a globally recognized credential that prepares professionals with the skills to identify, analyze, and mitigate project risks effectively. This risk management certification is designed for project managers and professionals aiming to excel in risk management and stand out in today’s competitive job market.

Why Enroll in Our PMI RMP Training?

Our PMI RMP training offers a 32-hour instructor-led course that combines theoretical knowledge with practical application. The course is segmented into nine detailed modules, covering essential topics like:

• Risk identification and analysis.
• Planning effective risk responses.
• Monitoring and controlling risks using advanced techniques like Monte Carlo simulations and sensitivity analysis.

Key Highlights of the Risk Management Course

• Globally Accredited Program: Certified by the Project Management Institute (PMI).
• Comprehensive Curriculum: Includes modules on quantitative and qualitative risk analysis, risk planning, and monitoring.
• Hands-On Learning: Real-world scenarios and interactive exercises for better understanding.
• Flexible Learning Options: Choose from classroom or live online sessions.
• Career Advancement: Opens doors to lucrative roles in risk management in Dubai and globally.

Course Modules

Module 1: Introduction to Risk Management Concepts

• Objectives of Risk Management
• Risk Management and the Project Life Cycle
• Critical Success Factors
• When to Accept Risk, and When to Avoid

Module 2: Principles & Concepts of Risk Management

• Definition of Risk & Risk Management
• Stakeholder Risk Attitudes
• Responsibilities for Risk within Projects

Module 3: Introduction to PMI Risk Management Processes

• Stakeholder Risk Tolerance
• Overview of the Risk Management Processes

Module 4: Plan Risk Management

• Purpose of Risk Management Planning
• Components of the Risk Management Plan
• Success Criteria for Risk Planning
• Barriers to Successful Risk Planning
• Risk Breakdown Structures (RBS)
• Techniques for Risk Planning
• The Risk Management Plan
• Stakeholder Risk Tolerance & Thresholds

Module 5: Identify Risks

• Purpose, Objectives & Critical Success Factors
• Typifying Risks
• Risk Identification Techniques
• Information Gathering Techniques
• Checklist Analysis
• Analysing Assumptions & Constraints
• Diagramming Techniques
• Cause & Effect (Fishbone diagrams) Risk Triggers
• The Risk Register
• Determining Which Risk Tool to Use

Module 6: Perform Qualitative Risk Analysis

• Purpose, Objectives & Critical Success Factors
• Categorising Risks
• Risk Probability and Impact, Risk Score
• P-I Matrix

Module 7: Perform Quantitative Risk Analysis

• Purpose, Objectives & Critical Success Factors
• Accounting for Risk Inter-relations in Projects
• Data Gathering & Representation Techniques
• Modelling, Simulation, Probability distribution
• Monte Carlo Simulations, S-curves
• Tornado Diagrams, Sensitivity Analysis, Criticality Analysis
• Decision Trees
• Risk Expected Monetary Value (EMV) Calculation

Module 8: Plan Risk Responses

• Risk Owners, Risk Action Owners
• Strategies for Positive and Negative Risks, Risk Contracting
• The Risk Response Action Plan
• Contingency Planning, Calculating the Contingency Fund
• Secondary & Residual Risks

Module 9: Monitor & Control Risk

• Risk Re-assessment Process Improvement
• Managing Contingency Reserves
• Risk Audits, Trend Analysis

Why Choose Learners Point Academy?

At Learners Point Academy, we are committed to delivering the best learning experience with:

• Expert Trainers: Industry professionals with extensive knowledge of risk management.
• Practical Focus: Hands-on exercises, simulations, and group discussions to reinforce learning.
• Affordable Pricing: Best price guarantee with flexible payment options.
• Proven Success: Our participants achieve higher exam success rates and excel in their careers.

Testimonials

Kiara Farooqi, Risk Analyst

"Completing the Risk Management Certification was the best decision for my career. The practical insights and industry-focused curriculum helped me secure a challenging ;

Javed Seth, Risk Consultant

"The Risk Management Certification provided me with valuable knowledge and skills. It increased my credibility and provided exciting opportunities in risk ;

Take the Next Step in Your Career

Enroll in our PMI RMP training today and gain the expertise to handle complex project risks confidently. With Learners Point Academy, you’ll receive the knowledge and tools needed to advance your career and excel in risk management globally. Updated on 21 February, 2025 - Read Less