Achieving Risk Management Professional Certification Prep - Project Risk Management
- Description
- Curriculum
This course covers risk management from an initial foundation in risk concepts through leading edge processes. However, all that will be presented is founded on practical processes that have been used and are proven to deliver improved business outcomes.
The course thoroughly explores the area of Project Risk Management including the latest additions to the Project Management Body of Knowledge 4th Edition. Participants will learn to maximize the results of positive project events, and minimize the consequences of adverse events, both internal and external to the project. The course is designed according to the latest developments in active learning techniques. It allows participants to experiment with the techniques reviewed first hand through the use of actual examples, exercises and group .p-discussions.
Course Outline
Risk Management Concepts
Reasons/benefits of undertaking risk management
Development of a context to suit your environment
Risk Identification and Analysis, Treatments and Reporting
Qualitative Risk Management
Risk Organizer
Quantitative Risk Management
How to quantify risks in particular those that affect time schedule
Introduction to Primavera Risk Analysis
Quantitative Risk Management
How to quantify risks in particular those that affect cost estimate
Integrating Qualitative and Quantitative Risk Analysis
Plan for positive and negative risks
Contracts Types and Risk allocation
Communicate Risk as a part of Communication Management Plan
Discover more from Intelliness Canada
Subscribe to get the latest posts sent to your email.
-
1
PMI-RMP IntroductionThis course covers risk management from an initial foundation in risk concepts through leading edge processes. However, all that will be presented is founded on practical processes that have been used and are proven to deliver improved business outcomes.
The course thoroughly explores the area of Project Risk Management including the latest additions to the Project Management Body of Knowledge 4th Edition. Participants will learn to maximize the results of positive project events, and minimize the consequences of adverse events, both internal and external to the project. The course is designed according to the latest developments in active learning techniques. It allows participants to experiment with the techniques reviewed first hand through the use of actual examples, exercises and group .p-discussions. -
2
Risk Communication
What is Risk?
- Risk Management
- PM Framework
- Risk Management Plan
- Interpersonal skills
- Communication Model
- Stakeholder risk tolerance
- Effective stakeholder communication
- Leadership skills
- Risk-related information
- Information distribution techniques
- Risk reporting
-
3
Risk Analysis
- Information gathering techniques
- Identify Risks
- Prioritize risks
- Establish control limits
- The qualitative risk analysis tools and techniques
- How to perform quantitative risk analysis tools and techniques
- How to perform stakeholder sensitivity analysis
- Establishing control limits and supporting decision making
-
4
Risk Response Planning
- Risk response strategy
- Types of strategies for negative & positive risks
- Develop a contingency approach.
- Secondary & Residual risks
- Contingency & Fallback plans
- Contingency reserves
- Various risk response techniques
- Reserve management practices
- Presenting opportunities to stakeholders
-
5
Risk Governance
- Refine risk policies and practices.
- Establish metrics for risk management processes.
- Monitor risk performance.
- Identify relevant policies and standards.
- Framework of the processes
- How to document and archive lessons learned
- Evaluate performance through defined baselines.
-
6
Practical Exam Workshop
Practical Exam Workshop
What will you learn?
You will learn:
- Risk Identification tools
- Risk ranking using P&I matrix
- Numerical evaluation for risk impact
- Deferent techniques for dealing with risks
PMI-RMP Requirements
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.
Maintain Your PMI-RMP
As part of PMI’s Continuing Certification Requirements program, a PMI-RMP credential holder will need to earn 30 PDUs in the specialized area of project risk management per three-year cycle.
In What Industries
Government, Real Estate Development, Aerospace, Defense, Engineering and Construction, Manufacturing and Industrial, Oil and Gas, Petrochemical, Power and Water Utility Plants, Education and Training, Retail, Financial Services, Information Technology, Telecommunication, Automotive, Media Production, E-Business Enablers, Marketing and Sales, Pharmaceuticals, Environmental Management, Hospitality Management, Shipbuilding and Repair Yards.
