Risk Management Professional (PMI-RMP®) Certification Prep Course

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The Risk Management Professional (PMI-RMP®) Certification is the premier certification for project managers with a risk orientation or risk managers working extensively on projects.  The exam serves as a means to show a clear grasp of risk management practice in a project management context. As organizations seek to mature in project management, risk management becomes a logical next step in ensuring that projects are completed without putting individuals and organizations in danger. Risk management’s positive orientation opportunity is also a focus for true professionals seeking to optimize individual and organizational performance and outcomes.

The PMI-RMP is particularly suited to:

• Project Managers
• Risk Managers
• Functional Managers
• C-Suite Executives

Earning the PMI-RMP assures that you have the expertise to:

• Spot problems before they happen
• Mitigate threats to project success
• Master risk management fundamentals and techniques
• Maximize results and meet deadlines
• Leverage and create opportunities
• Save resources for your project and organization

The PMI-RMP® exam now includes agile and hybrid environments, as well as enterprise-level risks all project managers need to consider.

Unlike the PMP® Certification Prep course which is primarily designed to help candidates pass the PMP® exam, this class is for those who want a comprehensive course covering all aspects of Risk Management. Participants are not required to register for the exam to attend this course. With your advanced skills in risk management, you perform a specialized function attuned to the needs of a project environment that is increasingly global, virtual and complex. The PMI Risk Management Professional (PMI-RMP)® highlights your ability to identify and assess project risks, mitigate threats and capitalize on opportunities. Gain and Maintain Your PMI-RMP:

• The certification exam has 115 multiple-choice questions and you have 2.5 hours to complete it.
• To maintain your PMI-RMP, you must earn 30 professional development units (PDUs) in risk management topics every three years.

Prerequisites to Sit for the Exam:

• Secondary degree (high school diploma, associate’s degree, or the global equivalent).
• At least 36 months spent in the specialized area of professional project risk management within the last five consecutive years
• 40 hours of project risk management education.

OR

• Four-year degree (bachelor’s degree or the global equivalent)
• 24 months of project risk management experience within the last 5 years
• 30 hours of project risk management education

Course Objectives:

1.0 Risk Strategy and Planning

• 1.1 Perform a preliminary document analysis
• 1.2 Assess project environment for threats and opportunities
• 1.3 Confirm risk thresholds based on risk appetites
• 1.4 Establish risk management strategy
• 1.5 Document the risk management plan
• 1.6 Plan and lead risk management activities with stakeholders

2.0 Risk Identification

• 2.1 Conduct risk identification exercises
• 2.2 Examine assumption and constraint analyses
• 2.3 Document risk triggers and thresholds based on context/environment
• 2.4 Develop risk register

3.0 Risk Analysis

• 3.1 Perform qualitative analysis
• 3.2 Perform quantitative analysis
• 3.3 Identify threats and opportunities

4.0 Risk Response

• 4.1 Plan risk response
• 4.2 Implement risk response

5.0 Monitor and Close Risks

• 5.1 Gather and analyze performance data
• 5.2 Monitor residual & secondary risks
• 5.3 Provide information required to update relevant project documents
• 5.4 Monitor project risk levels

Prerequisites:

Familiarity with project management concepts and working experience with project management are required. Those who have earned the PMP® credential are at a specific advantage for earning their PMI-RMP®; however, being a PMP® is not a prerequisite for attending. Working knowledge of office productivity tools is desirable but not essential. Experience with a specific project management software tool is not required. Target Student: This course will benefit anyone interested in learning the fundamentals of managing risk, and will focus on those preparing for PMI’s® certification exam and obtaining the PMI-RMP® credential. The final day will end with a full length practice exam and question review.

Exam Description & Objectives

Course Materials Included:

• PMI-RMP® Exam Prep Course Book; Practice Exam Questions

For more information regarding refund, concerns, and/or program cancellation policies please contact our offices at 919-878-7100

Knowledge Source Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Concerns regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:www.nasbaregistry.org.