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Preparation for Risk Management Professional Certification

Length
5 days
Price
3,995 USD
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Course delivery
Classroom
Length
5 days
Price
3,995 USD
Next course start
Start anytime See details
Course delivery
Classroom
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Course description

Preparation for Risk Management Professional Certification

This course will prepare participants for the Risk Management Professional (RMP) certification. Participants will be able to develop project risk management plans and risk registers. The course also aims at assisting participants in performing qualitative and quantitative assessments for developing appropriate risk responses. In line with the above, participants will devise key performance indicators for monitoring and controlling project risks.

Upcoming start dates

1 start date available

Start anytime

  • Classroom
  • Dubai

Suitability - Who should attend?

Who Should Attend

Project managers, Risk Managers, Project Sponsors, Functional managers, Senior managers, Individuals interested in PMP certification.

Outcome / Qualification etc.

  • 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

Training Course Content

PMI-RMP credential overview

  • The Project Management Institute (PMI)
  • Credential overview
  • Application process
  • Exam overview
  • Questions format

Introduction to project risk

  • PMBOK guide review
  • Defining and classifying risk
  • Approach to risk management
  • Risk management critical success factors
  • Project risk management processes

Planning risk management

  • Steps to generating the risk plan
  • Planning meeting and analysis
  • Risk register contents
  • Risk register update cycle
  • Managing the risk register

Identifying risks

  • Information gathering techniques
  • Diagramming techniques
  • Analysis techniques
  • Seven basic tools of quality
  • Performing qualitative risk analysis
  • Risk probability and impact assessment
  • Risk probability and impact matrix
  • Risk data quality assessment
  • Risk categorization
  • Risk urgency assessment

Performing quantitative risk analysis

  • Interviewing and understanding standard deviation
  • Probability distributions
  • Sensitivity analysis
  • Expected monetary value analysis
  • Decision tree analysis

Planning risk responses

  • Risk response strategies
  • Contingency response strategy
  • Types of reserves
  • Fallback plan

Monitoring and controlling risks

  • Risk reassessment
  • Risk audits
  • Variance and trend analysis
  • Earned value management
  • Reserve analysis

Risk communication and leadership

  • Risk communication process
  • General management and Leadership styles
  • Motivational and management theories
  • Conflict management

Why choose Convertas Management Consultants

Founded in 2006

12 Specialized trainers

100% of happy clients

Reviews

Average rating 5

Based on 1 reviews.
Reviews are published according to our review policy.
Write a review!
Salim M.
5/5
23 Jan 2020
Great Help

I think I have a good chance to succeed after this preparation.

Expenses

$3995

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Convertas Management Consultants
214, DBC2, Arjan
124534 Dubai

Convertas Management Consultants

CONVERTAS offers a series of specialized training services across all areas of business, helping employees develop and increase their skills. Our highly qualified trainers through our specifically designed courses and workshops, as well as our innovative training methodology, will provide...

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