PMI-RMP®: PMI-Risk Management Professional
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PMI-RMP®: PMI-Risk Management Professional
WHAT YOU WILL LEARN
PMI's Risk Management Professional
(PMI-RMP)® credential is a response to project management's increasing growth,
complexity and diversity. Globally recognized and demanded, the PMI-RMP® fills
the need for a specialist role in project risk management.
It recognizes your unique expertise and
competency in assessing and identifying project risks, mitigating threats and
capitalizing on opportunities, while still possessing a baseline knowledge and
practical application in all areas of project management
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
- 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 program will be conducted with
interactive lectures, PowerPoint presentation, discussions and practical
exercise
COURSE OBJECTIVES
Upon completion of this program,
participants should be able to :
- Understand the risk management concepts, approach and techniques
- Apply risk management practices on their own specific project situations
Modules
- Introduction
- Risk management principles and concepts
- Risk management plan
- Using organizational process assets
- Risk categories
- Risk breakdown structure
- Risk tolerance and 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
- The constraint concept
- Identifying 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
- Expected monetary value
- Decision tree
- Risk exposure
- Multi-impact risk
- Monte carlo analysis
- Sensitive analysis
- Tornado chart
- Identifying risk causes
- Threats response strategies
- Opportunities response strategies
- Contingencies plans
- Fallback plans
- Triggers
- Residual risks
- Secondary risks
- The concept of 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
Lavanya Arul
Lavanya has been working in the IT industry since 1996 and has been exposed to all job roles. She started as an IT developer and later progressed as a project manager for MNC's in Malaysia and Singapore. She worked with end-users and clients to understand the challenges in their environment. She started training as a career since 2006 and has a lot of passion for it. Her main advantage is 'on the spot' customization of sessions based on the target audience and in making these sessions lively and informative as possible. She has served as a board member for Singapore PMI chapter for 3 years.
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