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Project Management

PMI Risk Management Professional (PMI-RMP)®

Risk management stands as a crucial facet within the realm of organisational endeavours. The rationale behind its indispensability lies in the fact that risks, if not diligently addressed, can pose formidable obstacles leading to setbacks such as delays, increased costs, unmet objectives, and in extreme cases, project failure. However, adeptly navigating and mitigating risks not only shields against potential pitfalls but also positions an organisation to gain a competitive edge and unearth unforeseen opportunities.

Empower yourself to be the quintessential risk management expert your organisation requires by acquiring the latest PMI Risk Management Professional (PMI-RMP)® certification. This certification equips you with the knowledge and skills to proactively identify, assess, and manage risks, ensuring a fortified defense against adversities and an enhanced capacity to seize strategic advantages.

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Overview

Overview

Acquire advanced proficiency in risk management and position yourself to excel in challenging, global project environments. The PMI-RMP certification elevates your capacity to recognize, evaluate, and alleviate project risks. Strive for a successful first-time attainment of this credential, leveraging opportunities to contribute significantly to your organization's success.

The Project Management Institute-Risk Management Professional (PMI-RMP)® credential acknowledges the expertise of Risk Managers in identifying project risks, mitigating threats, and maximizing available opportunities. Our comprehensive 4-day course guides you through the intricacies of Project Risk Management, encompassing concepts, tools, techniques, and processes aligned with various project and risk management standards. This training not only prepares you for a specialized role in project risk management but also equips you to confidently undertake the PMI-RMP® certification exam.

Features

Key Features

  1. 4-Days Comprehensive training for the PMI-RMP® exam
  2. Earn 40 PDUs after course completion
  3. Complete 4-day class recordings
  4. Ongoing, Post-class support by Gold Standard Certifications training team
  5. 100% Money back guarantee
  6. 5 Practice Exams

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Curriculum

  • Task 1 Perform a preliminary document analysis
  • Task 2 Assess project environment for threats and opportunities
  • Task 3 Confirm risk thresholds based on risk appetites
  • Task 4 Establish risk management strategy
  • Task 5 Document the risk management plan
  • Task 6 Plan and lead risk management activities with stakeholders 

  • Task 1 Conduct risk identification exercises
  • Task 2 Examine assumption and constraint analyses
  • Task 3 Document risk triggers and thresholds based on context/environment
  • Task 4 Develop risk register 

  • Task 1 Perform qualitative analysis
  • Task 2 Perform quantitative analysis
  • Task 3 Identify threats and opportunities 

  • Task 1 Plan risk response
  • Task 2 Implement risk response 

  • Task 1 Gather and analyze performance data
  • Task 2 Monitor residual & secondary risks
  • Task 3 Provide information required to update relevant project documents
  • Task 4 Monitor project risk levels 

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Why attend this Course:

Enrolling in PMI Risk Management Professional (PMI-RMP)® training offers several advantages, providing participants with valuable insights and skills to excel in the field of risk management. Here are compelling reasons to attend PMI-RMP® training: 

  1. Specialized Knowledge: The training program imparts specialized knowledge in risk management, covering essential concepts, methodologies.
  2. PMI-RMP® Certification Preparation: The training is designed to prepare participants for the PMI-RMP® certification exam. It provides a comprehensive review of the exam content, ensuring participants are well-equipped to successfully pass the certification on their first attempt. 
  3. Hands-On Learning: PMI-RMP® training often includes practical, hands-on exercises and case studies, allowing participants to apply theoretical knowledge in real-world scenarios.
  4. Career Advancement: Completion of PMI-RMP® training enhances your credentials, making you more marketable in the job market. It opens doors to career advancement opportunities, especially in roles where specialized risk management expertise is highly valued.          
  5. Continuous Professional Development: The training underscores the importance of continuous learning and professional development. It equips participants with the latest industry knowledge and trends, ensuring they stay current in an ever-evolving field.          
  6. Organizational Impact: The skills acquired in PMI-RMP® training can directly benefit the organization by improving its risk management processes.
  7. Practical Tools and Techniques: The training provides participants with practical tools and techniques that can be immediately applied in their professional roles.

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What you will Learn:

Earning the PMI-RMP assures that you have the expertise to:

  1. Spot problems before they happen
  2. Mitigate threats to project success
  3. Master risk management fundamentals and techniques
  4. Maximize results and meet deadlines
  5. Leverage and create opportunities
  6. Save resources for your project and organization

The PMI-RMP exam now includes agile and hybrid environments, as well as enterprise-level risks all project managers need to consider.

FAQ

answers

PMI-RMP® stands for Project Management Institute - Risk Management Professional. It focuses specifically on risk management within the project management context, distinguishing it from broader certifications like PMP®.

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The course is designed for project managers, risk managers, and professionals involved in project risk management, seeking to enhance their skills and obtain a specialized certification.

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  • A secondary degree (high school diploma, associate degree, or the global equivalent)
  • 4,500 hours of project risk management experience
  • 40 hours of project risk management education 

OR

  • Four-year degree (bachelor’s degree or the global equivalent)
  • 3,000 hours of project risk management experience
  • 30 hours of project risk management education 

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PMI-RMP® demonstrates your expertise in identifying, assessing, and managing project risks, making you a valuable asset to employers seeking professionals with specialized risk management skills.

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The curriculum includes risk strategy and planning, stakeholder engagement, risk monitoring and reporting, quantitative and qualitative risk analysis, and risk response planning, among other crucial risk management aspects.

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Yes, PMI-RMP® is internationally recognized and respected, signifying a professional's proficiency in risk management, a critical aspect of successful project delivery across industries.

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Yes, you can pursue PMI-RMP® without holding a PMP® certification. While related, they are distinct certifications, and one is not a prerequisite for the other.

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The duration varies based on individual pace, but on average, it takes several weeks. The exam consists of 170 multiple-choice questions and is typically completed in a 3.5-hour timeframe.

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Yes, recertification is required every three years through a combination of professional development units (PDUs) and the retaking of the PMI-RMP® exam.

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Course materials include study guides, practice exams, and access to an online learning platform. Additional recommended texts and resources are also provided.

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Yes, the course materials are accessible online, and the platform is mobile-friendly, allowing convenient learning anytime, anywhere.

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PMI-RMP® certified professionals can bring advanced risk management techniques to organizations, enhancing decision-making processes and ensuring project success by proactively addressing potential issues.

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Yes, there are additional fees for the PMI-RMP® exam. Study materials may be included in the course fees, but additional resources may also be recommended for a comprehensive preparation

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While self-study is possible, formal training sessions are recommended to ensure a comprehensive understanding of the material and to enhance the chances of success in the certification exam.

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You can take your PMI-RMP exam either at a Pearson Vue Test Center or via an Online Proctored Test by following these steps: 

Step 1: Log in to www.PMI.org and then move to ‘Review Application Status’ under myPMI® section. Click on ‘Schedule Exam’.

Step 2: You’ll be redirected to your Pearson VUE account.

Step 3: The landing page of your Pearson VUE account comprises of a space where you need to search the name of your testing program. For PMI-RMP you need to search for PMI® - Project Management Institute.

Note: Before scheduling, rescheduling, or canceling an exam, it is mandatory for you to select your testing program, or you can also choose to contact one of the customer service representatives.

There is another way to find and select your testing program. You can find a list of all test sponsors on the landing page of your Pearson VUE account by clicking on ‘A to Z list of all programs’.

Step 4: In the next step, click on ‘P’ to find PMI® (Project Management Institute) which is the test sponsor or testing program name for PMI-RMP exam.

Step 5: Clicking on PMI® - Project Management Institute will take you directly to a landing page where you need to use your unique PMI® eligibility ID to log in.

Step 6: Now you need to choose between Center Based Test (CBT) or Online Proctored Test (OP) option.

On selecting CBT option:

Step 7.1: Select the booking method for your PMI-RMP exam. You need to select the ‘I will be scheduling for a future date at a test center’ option and then click on ‘Next’.

Step 7.2: Clicking on ‘Next’ will take you to the View Testing Policies page where you need to review the testing policies and then click on ‘Schedule this exam’.

Step 7.3: Choose the test center, date, and time for your PMI-RMP certification exam.

Step 7.4: Once you choose your test center, date, and time, review the appointment and then click on ‘Proceed to Checkout’.

Step 7.5: Just follow the steps and click on Submit Order which will confirm your appointment. 

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