Project Risk Management: Risk Management Professional

Why Attend

This course aims to enable participants to plan, manage and control project risks. By attending, participants will acquire the knowledge to develop project risk management plans, identify project risks, analyze the identified risks and plan responses for them. They will also learn to analyze the risks qualitatively and quantitatively using different practical techniques and learn all the critical tools and techniques required to pass the PMI-RMP® (Risk Management Professional) certification exam.

Overview

Course Outline

Schedule & Fees

Course Methodology

The course uses interactive techniques, such as brief presentations by consultant and participants. The course also features several group exercises and simulations and a question bank that will help the participants practice for the exam.

Course Objectives

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

Define the basic terms related to risk and establish a solid risk management framework
Set up plans for risk management and manage the risk register
Identify project risks using different techniques
Perform a qualitative risk analysis to determine the overall project risk score
Complete a quantitative risk analysis by utilizing techniques such as Monte Carlo simulation and decision tree analysis
Develop effective response strategies for positive and negative risks according to their priorities
Review and control project risks through reassessments and audits

Target Audience

This course has been designed for project risk managers, risk owners, project managers, members of the project office, project sponsors, functional managers, senior management and individuals interested in project risk management.

Target Competencies

Planning risks
Identifying risks
Assessing risks
Evaluating responses
Monitoring and reporting risks