course | Risk Management Professional PMI-RMP
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PMCM-435 | Risk Management Professional PMI-RMP
Course Sector : Internationally Certified Training Programs
| Duration | Date from | Date to | Course Venue | Course fees | Book a course |
|---|---|---|---|---|---|
| 5 Days | 2025-04-21 | 2025-04-25 | Vienna | $4,950 | Book now |
| 5 Days | 2025-07-21 | 2025-07-25 | Abu Dhabi | $4,250 | Book now |
| 5 Days | 2025-12-21 | 2025-12-25 | Riyadh | $4,250 | Book now |
Course Introduction
This training course is designed to help participants prepare for the Project Management Institute's (PMI®) Risk Management Professional (RPM®) exam with an understanding of project risk management according to the Project Management Body of Knowledge (PMBOK®) Guide. Aligned with the PMI Risk Management Professional (PMI-RMP®) certification, this course will discuss topics such as the skills to identify and measure risks in project development and implementation, quantify risks and create risk response strategies to deliver projects that meet stakeholder expectations.
Course objective
- Review the RMP exam requirements and application process
- Define several risk key terms and develop a solid framework of risk management
- Plan risk management and manage the risk register
- Identify project risks using different techniques
- Evaluate qualitatively the identified project risks
- Estimate quantitatively the overall effect of risk on the objectives of the project
- Develop effective response actions that are appropriate to the priority of the project risks
- Review and control project risks through reassessments and audits
- Identify the leadership and communication competencies related to risk management
- The course also shall include real case studies related to project risk management
Course Outline | Day 01
Introduction Session: Overview of the RMP® Application and Exam Risk Communication
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Introduction to Risk Management
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Preparing for risk communication
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Risk and Stakeholder Management
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Managing Risks and Project Changes
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Communicating Risk Identification.
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Topic 1 Sample Exam
Risk Governance
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The Principle involved in risk governance
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Risk management and the project life cycle
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Understanding the management of Risk
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Understanding escalation and management
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Topic 2 Sample Exam
Course Outline | Day 02
Principles and Concepts of Risk Management
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Definition of risk & risk management
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Stakeholder risk attitudes
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Responsibilities for risk within projects
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Topic 3 Sample Exam
Planning Risk Management
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Components of the risk management plan
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Risk Breakdown Structures (RBS)
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Using Work Breakdown Structures for Risk
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Techniques for Risk Planning
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The Risk Management Plan
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Topic 4 Sample Exam and Case Study
Identify Risks
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Risk identification techniques
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The risk register
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Determining which risk tool to use
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Topic 5 Sample Exam and Case Study
Course Outline | Day 03
Qualitative Risk Analysis
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Defining impact
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Risk probability and impact scoring
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Developing risk log
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Topic 6 Sample Exam and Case Study
Perform Quantitative Risk Analysis
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Data Gathering & Representation Techniques
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Modeling & Simulation, a Probability distribution
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Monte Carlo Simulations
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Tornado diagrams, sensitivity analysis, and criticality analysis
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Decision trees
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Risk Expected Monetary Value (EMV) calculation
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Topic 7 Sample Exam and Case Study
Course Outline | Day 04
Plan and Implement Risk Responses
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Strategies for positive and negative risks
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Risk & contracting
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The risk response action plan
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Contingency planning, calculating the contingency fund
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Secondary & residual risks
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Implement Risk Response
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Topic 8 Sample Exam
Course Outline | Day 05
Monitor and Control Risk
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Risk re-assessment
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Process improvement
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Managing contingency reserves
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Risk audits, trend analysis
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Topic 9 Sample Exam
Using Risk Management in a Project
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Developing a case study to show the application of risk management
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Full Sample Exam
BOOST’s Professional Attendance Certificate “BPAC”
BPAC is always given to the delegates after completing the training course,and depends on their attendance of the program at a rate of no less than 80%,besides their active participation and engagement during the program sessions.
Project Management Institute (PMI)
Project Management Institute (PMI) is the leading professional association for project management and the authority for a growing global community of millions of project professionals and individuals who use project management skills. PMI provides certifications for Project, Risk, and Business Management courses, and Agile training. PMI certifications show future employers that an individual has the practical knowledge, insights, and professional expertise to meet increasingly heightened project demands. With certifications designed for all experience levels, there’s always an optimal next step to enhance and accelerate your career.
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