Risk Management Professional (PMI-RMP) Optimizer Middle East
Price: AED 2,070
AED 2,301
  • Other Location: Deira - Dubai
  • Duration: 5 Days
  • Timings: Part Time, Flexible

Course details

Course Overview
This 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
Course AgendaIntroduction 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
Principles and Concepts of Risk Management 
  • Definition of risk & risk management
  • Stakeholder risk attitudes
  • Responsibilities for risk within projects
Introduction to PMI Risk Management Processes
  • Stakeholder risk tolerance
  • Overview of the risk management processes
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
Identify Risks
  • 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
Perform Quantitative Risk Analysis
    • 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
      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
        Monitor and Control Risk
      • Risk re-assessment
      • Process improvement
      • Managing contingency reserves
      • Risk audits, trend analysis
      Updated on 01 December, 2020

      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
      See all Optimizer Middle East courses
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