Course details
This learning course also serves to help participants prepare for the Project Management Institute's (PMI ) Risk Management Professional (RMP ) exam with the understanding of project risk management according to the Project Management Body of Knowledge (PMBOK ) Guide - Fifth Edition.Who is this course for?
This course serves in preparing the participants to qualify for the Project Management Institute Risk Management Professional (PMI-RMP) exam.
This course is also for any individual, who is engaged in risks management profession with a minimum of one year of experience as a risk management practitioner. Risk managers, project managers and line managers will benefit from this course.
Added Values
- Formatech is a PMI Registered Education Partner (REP)
- Trainer conducting the Training is a PMI Certified Trainer
- Certificate of Achievement with 30 PDU's
- RMP Preparatory exam questions will be solved in class
- Application submittion support
- Requirements
- Domain Areas
- Definition of risks
- Risk Breakdown Structure (RBS)
- Risk Categories
- What do you need before you can effectively start risk management?
- How does risk management fit into the project management process and operations?
- What management is and why can it make or break your career
- Project risks and operation risks?
- Negative and positive risks (Opportunities)
- Plan Risk Management
- Identify Risks
- Preform Qualitative Risk Analysis
- Preform Quantatative Risk Analysis
- Plan Risk Responses
- Monitor and Control Risks
- Creating a Risk Management Plan (RMP)
- Analyzing contents of a model RMP
- Applying a standard template to create your RMP
- Identifying project risk
- Common sources of project risk
- Creating Ishikawa diagrams to analyze cause and effect relationship
- Checklists
- Developing a Risk Register
- Analyzing contents of a model Risk Register
- Applying a proven template to create your Risk Register
- Documenting risks for future assessments
- Analyzing risks through qualitative measures
- Performing and impact analyses of identified
- Applying the probability and impact matrix
- Advanced applications of qualitative analysis
- Prioritizing analysis results
- Ranking project risks
- Differentiating between acceptable an unacceptable risks
- Quantifying effects of risk events on the project
- Determening probability of achieving cost and time objectives
- Calculating contingency resreves
- Identifying trends in quantitative analysis
- Ranking risks by acutal cost
- Tools for analysis
- Expected Monetary Value (EMV)
- Three-point estimates
- Probability distributions
- Delphi Technique
- Simulation
- Identifying emerging project risks
- Matching identified project risk with controls including Risk Audit, Variance Reports, Reserve Analysis
- Anticipating risk events through risk triggers
- Measuring risk using earned value analysis (EVA)
- Ensuring effective change control
- Developing a reliable change request process
- Becoming PMI Certified Risk Manager
- No assessment in this course
Job roles this course is suitable for:
HEAD OF ENTERPRISE RISK MANAGEMENT , Enterprise Risk Management Specialist , Senior Risk Analyst - ProjectsCourse Location
About Formatech
Founded in 1995, Formatech is a Prominent Learning Center offering Information Technology Trainings, Project and Process Management Workshops, Business Competency Based Workshops, and Language Courses. From its main locations in Beirut and Dubai, Formatech has been serving clients in the Middle East and GCC countries and helping them achieve their business results.
Over the last 21 years, Formatech has provided learning solutions that have helped organizations and individuals achieve business results through customer-focused training programs tailored to meet specific needs. Through Desktop Applications Training, Technical Training, Certification Programs, Business Productivity Solutions, Professional Services and Enterprise Learning Solutions, Formatech provides solutions for complex training needs for small to large businesses as well as individuals seeking to excel in a required field.
Business and Management Courses
Formatech comprises a multidisciplinary team of experts that passionately forge tailor-made solutions in Human Resources, Leadership, Customer Service, Sales, and Behavioral Development Programs. Both entities thrive on sharing their experience, know-how and will constantly work in collaboration with your team to understand your business needs.
Our team will enhance and propel career development, improve performance, productivity, and provide you with the right tools and best practices to ensure compliance with corporate systems and procedures. Each member of our team understands how to get the best from your human capital and align individual employees around a clear, focused strategic direction.
Project and Process Management Courses
Formatech holds a pool of project managers and Consultants who earned the official certifications and accreditation from official bodies such as: PMI, APMG, ISACA, ISO, TOGAF, Prince2, Kepner Tregoe..., etc. Our Certified Trainers offer training programs in Project Management, Service Management, IT governance, Quality Management, Business Analysis, Enterprise Architecture, Organization Standardization, etc.
Those programs will help your employees become more efficient and will equip them with the necessary tools to face the daily challenges that might occur in the constantly evolving business environment. They will also train your employees to establish and refine processes and ensure that an effective follow up on implementation is being conducted.
Information Technology Courses
Formatech's Information Technology trainings are delivered by a team of certified training professionals who transfer their experience and knowledge on the latest technologies and applications released by the main technology vendors such as Microsoft. Formatech continuously invests in bringing new training techniques and delivery methods to its classrooms and strives at helping your employees operate, configure, and maintain new technologies which will help your organization get the most value from its investment in an IT solution.
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