An intensive professional development training course on

Preparation for
Risk Management
Professional (PMI-RMP)® Certification

Maximising Opportunities and
Minimising Threats in a Risky Business World

20-24 May 2024
Dubai - UAE
$5,950
Register
26-30 Aug 2024
Dubai - UAE
$5,950
Register
03-07 Feb 2025
Dubai - UAE
$5,950
Register
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Why Choose this Training Course?

This AZTech training course will prepare you to take the world recognised Risk Management Professional certification exam, the PMI RMP®.

If you are intending to become a certified Risk Management Professional (RMP)®, then this AZTech training course is for you. This is a MUST DO for all Project Managers and those who want to become certified Risk Management Professionals. The entire training course is compliant with the latest PMBOK® Guide (6th edition) of the Project Management Institute (PMI), USA.

This AZTech training course will feature:

  • A thorough review of the project risk management process groups
  • In-depth studies of the project risk management knowledge areas and steps
  • Understanding and developing risk management plans in accordance with the PMBOK® Guide and PMI’s Risk Management Standard
  • Review and hands-on practice with sample test questions, problems and practical exercises supporting risk identification, quantitative analysis, qualitative analysis, risk response and control
  • Review and use of risk management tools and techniques
  • The RMP® application and testing process, and completing a full RMP® practice test

What are the Goals?

By the end of this training course, participants will be able to:

  • Take the PMI RMP® exam with confidence
  • Know the six steps in Project Risk Management and their relationship with the other project management knowledge areas
  • Understand the governance and structures behind risk management
  • Distinguish between risk and issue management
  • Analyse and select appropriate tools and techniques to identify risk
  • Understand the differences between qualitative and quantitative approaches to risk analysis
  • Apply simulation tools and techniques such as Monte Carlo, PERT and Tornado Diagrams
  • Understand how to monitor, control, and communicate project risks on a timely basis

Who is this Training Course for?

This training course is suitable to a wide range of professionals but will greatly benefit:

  • Professionals who have been directly involved in risk identification, analysis, and response on any kind of project
  • Professionals who are working as project managers or key project or program team members
  • Those who recognise project risk management as a core part of their professional experience and want to become certified Risk Management Professionals

How will this Training Course be Presented?

This training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes case study presentation, lecture-based presentation, video and audio inserts, simulated exams and practice.

The Course Content

Day One
  • Introduction Session: Overview of the RMP® Application and Exam
  • Topic 1: Risk Communication
    • Introduction to Risk Management
    • Preparing for risk communication
    • Risk and Stakeholder Management
    • Managing Risks and Project Changes
    • Communicating Risk Identification.
    • Topic 1 Sample Exam
  •  Topic 2: Risk Governance
    • The Principle involved in risk governance
    • Risk management and the project life cycle
    • Understanding the management of Risk
    • Understanding escalation and management
    • Topic 2 Sample Exam
  •  Topic 3: Principles and Concepts of Risk Management
    • Definition of risk & risk management
    • Stakeholder risk attitudes
    • Responsibilities for risk within projects
    • Topic 3 Sample Exam
Day Two
  • Topic 4: Planning Risk Management
    • Components of the risk management plan
    • Risk Breakdown Structures (RBS)
    • Using Work Breakdown Structures for Risk
    • Techniques for Risk Planning
    • The Risk Management Plan
    • Topic 4 Sample Exam
  • Topic 5: Identify Risks
    • Risk identification techniques
    • The risk register
    • Determining which risk tool to use
    • Topic 5 Sample Exam
Day Three
  • Topic 6: Qualitative Risk Analysis
    • Defining impact
    • Risk probability and impact scoring
    • Developing risk log
    • Topic 6 Sample Exam
  • Topic 7: Perform Quantitative Risk Analysis
    • Data Gathering & Representation techniques
    • Modelling & Simulation, Probability distribution
    • Monte Carlo Simulations
    • Tornado diagrams, sensitivity analysis, criticality analysis
    • Decision trees
    • Risk Expected Monetary Value (EMV) calculation
    • Topic 7 Sample Exam
Day Four
  • Topic 8: Plan and Implement Risk Responses
    • Strategies for positive and negative risks
    • Risk & contracting
    • The risk response action plan
    • Contingency planning, calculating the contingency fund
    • Secondary & residual risks
    • Implement Risk Response
    • Topic 8 Sample Exam
  • Topic 9: Monitor and Control Risk
    • Risk re-assessment
    • Process improvement
    • Managing contingency reserves
    • Risk audits, trend analysis
    • Topic 9 Sample Exam
Day Five
  • Topic 10: Using Risk Management in Project
    • Developing a case-study to show the application of risk management
    • Full Sample Exam

The Certificate

  • AZTech Certificate of Completion for delegates who attend and complete the course
  • The applicable PMI Professional Development Units/Contact Hours will be reflected in the Certificate of Completion
  • PMI-RMP® certification subject to successful completion of the examination organized by the Project Management Institute

Accreditation

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