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PMI-RMP®: mastering project risk management
An unanticipated project risk can jeopardise your commitments. Structure risk identification, assess consequences and prepare appropriate responses before the situation becomes urgent. Strengthen your ability to inform trade-offs and discuss uncertainty with stakeholders.
- Duration
- 5 days 35 hours
- Code
- PMI-RMP Code
- Certification
- PMI-RMP® : PMI Risk Management Professional Certification
Accredited training for the PMI-RMP® : PMI Risk Management Professional certification.
Presentation
PMI Risk Management Professional (PMI-RMP)® is an advanced professional credential awarded by the Project Management Institute (PMI). It is designed for specialists who assess and identify project risks, including threats and opportunities, mitigate threats and capitalise on opportunities.
This intensive 5-day course is structured around the 5 performance domains defined by PMI. It provides the methodology and tools to master risk management throughout the project lifecycle. You will explore approaches across the value delivery spectrum, including predictive, agile and hybrid environments.
By the end of the programme, you will be prepared to take the PMI-RMP certification exam included in our offer (see the Certification tab for details). You will be able to apply risk management best practices to protect your projects and turn them into sources of opportunity.
As a PMI® Premium Authorised Training Partner (ATP), number 4351, Oo2 offers certification courses that meet the institute's rigorous quality standards.
Objectives
By the end of the course, you will achieve the following learning objectives, aligned with the five PMI-RMP domains:
- define risk strategy and planning, aligning thresholds with the organisation's risk appetite;
- conduct risk identification exercises for threats and opportunities and assess assumptions and constraints;
- analyse risks qualitatively and quantitatively using forecasting tools such as Monte Carlo and EMV;
- develop and implement risk response strategies, including avoidance, mitigation, acceptance and enhancement, and contingency plans;
- monitor response effectiveness, track residual risks, close risks and communicate risk levels to stakeholders.
The Oo2 advantage
- Prepare effectively for the PMI Risk Management Professional (PMI-RMP)® exam using PMI standards, including the PMBOK® Guide and The Standard for Risk Management in Portfolios, Programs, and Projects.
Program
Module 1: establishing risk strategy and planning
- Performing a preliminary document review, including lessons learned and historical data.
- Assessing the project environment for threats and opportunities: PESTLE and SWOT analysis.
- Determining organisational risk appetite and thresholds.
- Establishing the risk management strategy, processes and tools.
- Defining roles, responsibilities and the risk communication plan.
Module 2: conducting risk identification
- Conducting risk identification exercises: meetings, interviews and focus groups.
- Reviewing assumptions and constraint analyses.
- Documenting risk triggers and thresholds based on context and stakeholders.
- Developing the risk register: assessing validity and examining attributes such as probability, impact, urgency, source and ownership.
Module 3: performing risk analysis
- Performing qualitative analysis: nominal classification and prioritisation based on impact and urgency.
- Applying risk matrices.
- Performing quantitative analysis: data analysis, forecasts and trends.
- Using sensitivity analysis, Monte Carlo simulation, decision trees and expected monetary value (EMV).
Module 4: planning and implementing risk responses
- Determining the appropriate response strategy: avoid, accept, mitigate, enhance, contingency planning and more.
- Choosing risk response actions and identifying owners.
- Evaluating response effectiveness against project objectives.
- Executing the risk response plan and contingency plans.
- Assessing and responding to secondary and residual risks.
Module 5: monitoring and closing risks
- Collecting and analysing performance data: variance analysis.
- Monitoring residual and secondary risks.
- Assessing and communicating the impact of residual and secondary risks on objectives.
- Providing information needed to update project documents: risk register, lessons learned and change logs.
- Monitoring and closing expired risks.
Module 6: PMI-RMP exam revision
- Presentation of the PMI-RMP exam format: situational, formula-based and other question types.
- Review of key points from the PMBOK® Guide, 7th edition, and performance domains.
- Exercises and mock exams with corrections and explanations of answers.
- Exam strategies: time management, question-reading techniques and stress management.
Audience
This course is intended for professionals wishing to develop recognised expertise and obtain PMI-RMP certification, including:
- Project managers and programme managers wishing to specialise in risk management.
- Risk analysts and consultants seeking to validate their skills against PMI's global standards.
- Anyone eligible for PMI-RMP certification under the applicable education and experience pathway.
Prerequisites
To support effective learning and clarify certification eligibility, this course has two levels of prerequisites:
1. PMI-RMP course prerequisites
- Basic project management knowledge, even informally acquired, and risk management knowledge are recommended to understand advanced concepts.
- Practical experience in a project environment is strongly recommended to benefit fully from the case studies.
2. PMI-RMP® certification exam prerequisites (defined by PMI®)
Before taking the exam, you must submit an online eligibility application to PMI and obtain approval. Your professional experience must be specific to project risk management and meet one of the following requirement sets, accumulated within the last 5 years:
Requirements | Education | Project risk management experience | Specific training hours |
|---|---|---|---|
| Set A | Secondary school diploma | 36 months (3 years) | 40 hours |
| Set B | Bachelor's degree or higher | 24 months (2 years) | 30 hours |
| Set C | Degree from a GAC-accredited programme | 12 months (1 year) | 30 hours |
| Please note: this course provides 35 hours of formal risk management education, covering the education requirements for Sets B and C and most of Set A. | |||
Please note: risk management experience must be non-overlapping. Periods during which you worked simultaneously on several projects are counted only once.
Teaching and assessment methods
- Initial skills assessment
- Training materials provided to participants
- Continuous assessment throughout the course
- End-of-course feedback questionnaire
- Combination of theory and practical application
- Attendance records
- Post-course follow-up evaluation
- Quiz / multiple-choice questions
- Practical exercises
- Mock exam
Course highlights
- Officially aligned content: the programme is rigorously aligned with PMI's Job Task Analysis (JTA), ensuring coverage of the 5 PMI-RMP exam performance domains.
- Adaptive approach: lessons incorporate risk management approaches for predictive, agile and hybrid project contexts.
- Global certification: the course prepares you for a recognised professional credential grounded in test development best practices and industry standards.
Dates and sessions
Choose the date and delivery format that suit you.
No upcoming sessions are currently available.
PMI-RMP®, PMBOK® and PMI® are registered trademarks of the Project Management Institute, Inc