Project Management

PMI-RMP Certification: Master Project Risk Management

Comprehensive 5-day course covering PMI risk management framework, tools, and techniques to prepare for PMI-RMP certification and excel in project risk management

Duration

5 Days

Credits

5 per day

Mode

Full-time

Provider

Blackbird Training Centre

Course Overview

Course Description

This intensive 5-day course prepares participants for the PMI Risk Management Professional (PMI-RMP) certification exam. Covering the entire PMI risk management framework, participants will learn advanced risk identification, analysis, and response techniques. Through case studies and hands-on exercises, attendees will develop the skills to effectively manage project risks and opportunities.

Learning Objectives

Master the PMI risk management framework and processes
Develop expertise in risk identification, qualitative and quantitative analysis
Learn to create effective risk response strategies and contingency plans
Gain proficiency in risk monitoring and control techniques
Prepare thoroughly for the PMI-RMP certification exam

Course Modules

Day 1: Introduction to Project Risk Management

Overview of PMI risk management framework
Risk management planning and strategy
Stakeholder analysis and communication
Risk management tools and software

Day 2: Risk Identification and Assessment

Risk identification techniques and brainstorming
Qualitative risk analysis methods
Probability and impact assessment
Risk categorization and prioritization

Day 3: Quantitative Risk Analysis

Expected Monetary Value (EMV) analysis
Decision tree analysis
Monte Carlo simulation
Sensitivity analysis and tornado diagrams

Day 4: Risk Response Planning and Implementation

Risk response strategies for threats and opportunities
Contingency and fallback plans
Risk response ownership and accountability
Integration of risk responses into project plans

Day 5: Risk Monitoring and Control

Risk tracking and review techniques
Performance metrics and KPIs for risk management
Change management in the context of risk
PMI-RMP exam preparation and practice questions

Practical Wins for Participants

Ability to create comprehensive risk management plans for complex projects
Proficiency in using advanced risk analysis tools and techniques
Skills to effectively communicate risk information to stakeholders
Readiness to pass the PMI-RMP certification exam

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