- Duration: 5 Days
- Timings: Part Time, Flexible
Course details
Course OverviewThis 4 days Exam Prep Boot Camp is an engaging and interactive course that provides you with all of the knowledge you need to pass the PMI-RMP Exam on your first attempt.
Upon completion of the course, you will be prepared to sit for your PMI-RMP ;
Course Objectives
Upon completing this course, participants will be familiar of the following:
- Risk Management Concepts
- Risk Management Environment
- Project Definition
- Risk Management Planning
- Risk Identification
- Qualitative Risk Analysis
- Quantitative Risk Analysis
- Risk Response Planning
- Risk Monitoring & Controlling
- Objectives of risk management
- Risk management and the project life cycle
- Critical success factors
- When to accept risk, and when to avoid
- Definition of risk & risk management
- Stakeholder risk attitudes
- Responsibilities for risk within projects
- Stakeholder risk tolerance
- Overview of the risk management processes
- 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
- Purpose, objectives & Critical success factors
- Typifying risks
- Risk identification techniques
- Information Gathering Techniques
- Checklist Analysis
- Analyzing assumptions & constraints
- Diagramming Techniques
- Cause & Effect (Fishbone diagrams)
- Risk triggers
- The risk register
- Determining which risk tool to use
- Perform Qualitative Risk Analysis
- Purpose, objectives & Critical success factors
- Categorizing risks
- Risk probability and impact, Risk score
- P-I Matrix
- Purpose, objectives & Critical success factors
- Accounting for risk inter-relations in projects
- Data Gathering & Representation techniques
- Modeling & Simulation, Probability distribution
- Monte Carlo Simulations, S- curves
- Tornado diagrams, sensitivity analysis, criticality analysis
- Decision trees
- Risk Expected Monetary Value (EMV) calculation
- 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
- Risk re-assessment
- Process improvement
- Managing contingency reserves
- Risk audits, trend analysis
Job roles this course is suitable for:
Director , Enterprise Risk Management , Risk Manager , Project ManagerCourse Location
About Optimizer Middle East
Introduction:
Optimizer Middle East is a professional organization located in Business village, Deira, Dubai, UAE and active in the MENA countries. The core business of the organization encompass services and consultancies in accounting management systems based on international standards and professional training including technical, management and accounting with the objective of developing personnel skills.
We have executed various professional development projects the Gulf region and North Africa till date targeting to be a leader for Training and development in the area.
Vision:
We Optimizer Middle East shall become the professional umbrella for all the training and development professionals in MENA regions.
Mission:
Develop, organize, sustain through providing professional services, consultancies and training with the objective of disseminating standardized and developed professional practices to individuals and private as well as governmental organizations in MENA region.
Our Objectives:
- Provision of knowledge as skills
- Empowering individuals and organizations in MENA region with the latest professional advanced tools
- Introduction of conceptual practices in the organizational activities
- Qualifying professional experts in the government and private sector
Risk Management Related Questions
- Online Lifeguard John AcademyAED 90Duration: 6 To 7 Hours
- Finance for Project Managers NextGen LearningAED 199Duration: Upto 20 Hours
