Information Technology
PMI Risk Management Professional (PMI-RMP)® Exam Prep – ML
This course will help prepare students for the Risk Management Professional exam, first by explaining the application process and test, then by looking at specific areas of Risk such as planning, stakeholder engagement, identifying risks, qualitative risk analysis, quantitative risk analysis, risk responses, and monitoring and controlling risk.
1 Day
8 Hrs
10 Lessons
Agenda
- Instructor Introduction
- Introduction to the RMP Course
- Course Objectives
- Introduction to the Project Management Institute
- What is the PMI Risk Management Professional Exam?
- First Step
- Terms to Know for this Course
- What’s Needed to Get the RMP?
- Recommended Steps for Your Application
- What’s Needed to Keep the Certification?
- Exam Format
- On-Site Exams
- Online Exams
- Introduction to Risk Management
- What is Risk Management?
- Risk Management Processes
- Key Terms
- Threats and Opportunities
- Probability & Impact
- Organizational Risk Perception
- Categories of Risk
- Risk Metalanguage
- Risk Tools, Terms, and Processes
- Objectives
- Brainstorming
- Risk Breakdown Structure (RBS)
- Cause-and-Effect Diagram
- Delphi Technique
- Fault Tree Analysis (FTA)
- Sample Fault Tree
- Influence Diagram
- Nominal Group Technique
- PROMPT List
- Root Cause Analysis (RCA)
- Strengths, Weaknesses, Opportunities, and Threats
- Monte Carlo Simulation
- Critical Chain
- Reserve Analysis
- Risk Audit
- Risk Re-assessment
- Domain I: Risk Planning
- Objectives
- What is Risk Planning – and why do it?
- Key Factors for Risk Planning
- Key Areas of Planning
- PMI Risk Planning Inputs, Tools, Techniques, and Outputs (ITTO’s)
- Inputs
- Tools and Techniques
- Outputs – Risk Management Plan
- Domain II: Stakeholder Engagement
- Objectives
- Project Information Resources
- Project Performance Information
- Training and Coaching Techniques
- Stakeholder Attitudes
- Risk Appetite vs. Risk Tolerance
- Group Decision Making
- Decision Styles
- Communication Management
- Stakeholder Coordination
- Sample Interest-Influence
- The Communication Model
- Domain III: Identify Risks
- Objectives
- Risk Identification Benefits
- Inputs, Tools & Techniques, and Outputs (ITTO)
- Inputs, Tools & Techniques, and Outputs (ITTO)
- Success Factors
- Success Factors
- Sample Risk Register
- Domain IV: Qualitative Risk Analysis
- Objectives
- Qualitative Risk Analysis Benefits
- Inputs, Tools & Techniques, and Outputs (ITTO)
- Inputs, Tools & Techniques, and Outputs (ITTO)
- Input – Risk Register
- Input – EEFs and OPAs
- Output – Probability and Impact Matrix Example
- Output – Data Quality Assessment…
- Success Factors
- Domain IV & V: Quantitative Risk Analysis
- Objectives
- Quantitative Risk Analysis Benefits
- PMI Definition of Quantitative Risk Analysis
- Inputs, Tools & Techniques, and Outputs (ITTO)
- Success Factors
- Monte Carlo Simulation
- Expected Monetary Value
- Processes Used for Quantitative Risk Analysis
- Domain IV: Plan Risk Responses
- Objectives
- Benefits of Plan Risk Responses
- Inputs, Tools & Techniques, and Outputs (ITTO)
- Success Factors
- Strategies for Threats
- Strategies for Opportunities
- Actions
- Project Document Updates
- Domain IV: Monitor and Control Risk
- Objectives
- What is Risk Monitoring and Controlling?
- Inputs, Tools & Techniques, and Outputs (ITTO)
- Monitor and Control Inputs
- Monitor and Control Tools and Techniques
- Monitor and Control Tools and Techniques
- Monitor and Control Outputs
- Monitor and Control Process
- Success Factors
- Strategies
FREE
Interested in course?
Course Type: Self Paced