PMI-RISK MANAGEMENT PROFESSIONAL WORKSHOP

PMI-RISK MANAGEMENT PROFESSIONAL WORKSHOP

Summary

Location

Location

Malaysia

Duration

Duration

5 Days
Format

Format

Public Class

Public Class

Unleash Your Potential with PMI Risk Management

Are you ready to take your project management skills to the next level? Join our PMI-Risk Management Professional Workshop to master the art of PMI risk management. In this dynamic 5-day course, we’ll equip you with the knowledge and expertise to excel in the specialized field of project risk management.

Your Path to Success

PMI risk management is more than a skill; it’s a strategic advantage in the world of project management. Aspiring project managers and risk management specialists can benefit immensely from this program. With a strong foundation in project management and our comprehensive training, you’ll be well-prepared to obtain the coveted PMI Risk Management Professional certification.

What You'll Learn

Our workshop covers everything from risk identification and response strategies to risk governance and monitoring. You’ll not only understand the principles, concepts, and tools of risk management but also learn how to apply them to real-world project scenarios. This knowledge will not only enhance your career prospects but also empower you to tackle challenges and uncertainties in the corporate landscape.

Join us on this exciting journey of professional growth and become a master of PMI risk management. Your success story starts here!

Course Details

Duration: 5 Days; Instructor-led

Audience

Project managers that intend to apply for the PMI RIsk Management Professional – (PMI-RMPsm)®. The PMI-RMP demonstrates skill and competence in the specialized area of project risk management. If you’re looking to fill the risk management specialist role on your project team, hone your basic project management skills and showcase your specialized expertise to employers, the PMI-RMP credential is for you.

Prerequisites

To apply for the PMI-RMP, you need to have either:

  • A four-year degree (bachelor’s or the global equivalent), with at least 3,000 hours of project risk management experience and 30 hours of project risk management education
  • OR
  • A secondary diploma (high school or the global equivalent) with at least 4,500 hours of project risk management experience and 40 hours of project risk management education

Methodology

This course is highly interactive and uses diverse teaching methods (lectures, self-assessments, group discussions, activities, and videos) to accommodate different learning styles This training will also leverage on participant’s personal life and work experiences.

Course Objectives

Upon completion of this program, participants should be able to :

  • Prepare for obtaining the PMI Risk Management Professional certification
  • Understand risk management principles concepts, processes, tools and techniques
  • Identify the challenges of the risk management approach in project management
  • Learn how to identify, analyze, respond and monitor the key project risks
  • Implement a solid risk management methodology
  • Learn how to adapt risk management proctices to specific project situations

Outlines

  • Course content and agenda
  • About the course materials
  • About the certification
  • About the PMI-RMP exam
  • Risk, threat and opportunity
  • Business risk vs pure risk
  • The important of risk management
  • Risk management and the uncertainty spectrum
  • Micro vs macro risk management
  • Risk anatomy
  • Risk factors
  • Risk and decision making
  • Integrating risk management with project management knowledge areas
  • Risk and the project life cycle
  • Risk management plan
  • Risk management methodology
  • Risk management stakeholders
  • Defining probabilities and impacts
  • Using organizational process assets
  • Risk categories
  • Risk breakdown structure
  • Risk tolerances
  • Risk aversion
  • Risk thresholds
  • Identifying scope, time, resources and quality risks
  • Risk register
  • Root-cause analysis
  • Checklists
  • Brainstorming
  • Affinity diagrams
  • Expert judgement
  • Building consensus through NGT and Delphi
  • SWOT analysis
  • Assumptions analysis
  • Pre-morten
  • The constraint concept
  • Identifying project priorities
  • Identifying and removing unnecessary scope
  • Managing unknown risks
  • Probability and impact assessment
  • Risk matrix
  • Risk score
  • Project risk score
  • Data quality
  • Risk urgency
  • Watchlist
  • Top 10 list
  • Risk categorization
  • Human nature and bias
  • Go-no-go decision
  • Expected monetary value
  • Decision tree
  • Risk exposure
  • Multi-impact risk
  • Monte carlo analysis
  • Sensitive analysis
  • Tornado chart
  • Risk exposure

·          Identifying risk causes

·          Threats response strategies

·          Opportunities response strategies

·          Contingencies plans

·          Fallback plans

·          Triggers

·          Residual risks

·          Secondary risks

·          Overall project risk and its root-causes

·          Project appraisals

·          Risk indicators

·          6 alternatives to build the reserve

·          Using the reserve

 

·          Monitoring cycle

·          Risk performance information

·          Risk reporting

·          Workaround

·          Risk trends

·          Risk audits

·          Risk reassessments

·          Risk closure

·          Lessons learned

·          Adapting to policies

·          Metrics

·          Lessons learned

 

  • Project management framework
  • Scope management
  • Time management
  • Costs management
  • Human resources management
  • Communications management
  • Procurement management
  • Stakeholders management
  • Exam simulation
  • Exam analysis and diagnosis

Trainers

Reviews

Interested In

PMI-RISK MANAGEMENT PROFESSIONAL WORKSHOP

Starting From
RM7500
Intake Date
19-23 FEB 2024
,
6-10 MAY 2024
,
19-23 AUG 2024
,
18-22 NOV 2024
Class Type
Private, Public

Why Us

Variety of Courses

Variety of Courses

Customizable Class

Customizable Class

Consultants Facilitate

Consultants Facilitate

HRDF Claimable

HRDF Claimable

Professional Certifications

Professional Certifications

Free Chat to Get Quote

Free Chat to Get Quote

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