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    • Customize Your Learning Journey
    Customize Your Learning Journey
    Customize Your Learning Journey
    Customize Your Learning Journey
    Customize Your Learning Journey
    Customize Your Learning Journey
    Customize Your Learning Journey
    Customize Your Learning Journey
    Customize Your Learning Journey
    Customize Your Learning Journey
    Customize Your Learning Journey

    Class and Course
    1. NExT
    2. Health Safety and Environment (HSE)
    3. Risk Management Professional (PMI-RMP)

    Risk Management Professional (PMI-RMP)

    • Advanced
    • 5 Days
    • classroom1Classroom

    Course Objective

    • Project risk management is an essential power skill that boosts the probability of success and offers a higher degree of probability, alleviating anxiety for stakeholders. You can prove your advanced knowledge and experience in risk management—even for large projects in complex environments—and set yourself apart with PMI-RMP certification.
    • Spot problems before they happen.
    • Mitigate threats to project success.
    • Master risk management fundamentals and techniques
    • Maximize results and meet deadlines.
    • Leverage and create opportunities.
    • Save resources for your project and organization.
    • includes agile and hybrid environments, as well as enterprise-level risks all project managers need to consider.
    • Identifies the core principles of risk management.
    • Describes risk management fundamentals and the environment it’s carried out in
    • Defines the risk management lifecycle.
    • Applies risk management principles to portfolio, program, and project domains in the context of an enterprise risk management approach.
    Training Methodology:
    • The training methodology will include a detailed explanation of the subject Course material through PowerPoint equipped with necessary animation, learning video, and general discussion to provide the participant with a full understanding concerning the subject course this is not limited but will extend to the following:
    • Learning videos
    • General Discussion
    • Practical session if any
    • Learning examples
    • Syndicate groups.
    • Workshop & case study
    • Exam preparation sessions.
    Activities
    • Classroom with Theoretical and Practical Implementation, Group Exercise, case studies & videos 
    Accreditation:
    • Project Management Institute (PMI)
    • Additional fees for course book from PMI
    • Additional fees for PMI exam and certificate

    Risk Strategy and Planning:

    • Perform a preliminary document analysis.
    • Assess the project environment for threats and opportunities.
    • Confirm risk thresholds based on risk appetites.
    • Confirm risk thresholds based on risk appetites.
    • Establish a risk management strategy.
    • Document the risk management plan.
    • Plan and lead risk management activities with stakeholders

    Risk Identification

    • Conduct risk identification exercises.
    • Conduct meetings, interviews, focus groups, and other SME support activities.
    • Perform detailed analyses of risk identification exercise results.
    • Examine assumption and constraint analyses.
    • Leverage the results of the assumption and constraint analysis.
    • Document risk triggers and thresholds based on context/environment.
    • Develop risk register.
    • Analyze the validity of identified risks and triggers.
    • Establish risk origin and ownership e.g., internal/external.
    • Classify risks as threats or opportunities.

    Risk Analysis

    • Perform qualitative analysis.
    • Perform a nominal classification of risks in the RBS using classifications from the risk management plan
    • Estimate the impact of risk on project schedule, budget, resources, and scope.
    • Perform quantitative analysis.
    • Analyze risk data and process performance information against established metrics.
    • Perform risk weighting and calculate risk priority.
    • Identify threats and opportunities.
    • Identify threats and opportunities.
    • SWOT analysis, Ishikawa, Tree Diagram
    • Perform an impact analysis on project objectives.

    Risk Response

    • Plan risk response.
    • Determine appropriate risk response strategy.
    • Decide the risk response actions (time-bound) based on the risk response strategies and identify action owners.
    • Illustrate and communicate the effectiveness of the risk response strategies.
    • Allocate responsibilities.
    • Implement risk response.
    • Execute the risk response plan(s)
    • Execute the contingency plan(s) 
    • Encourage stakeholders to provide feedback on the risk response. 
    • Evaluate and react to secondary and residual risks from the response implementation.

    Monitor and Close Risks

    • Gather and analyze performance data.
    • Reconcile performance data & reports from risk-relevant work packages.
    • Analyze data to determine the completion status against the baseline.
    • Perform a variance analysis.
    • Monitor impact against overall project risk exposure to the enterprise.
    • Monitor residual & secondary risks.
    • Monitor risk response and document residual risk.
    • Monitor risk response for secondary risks.
    • Assess the impact of residual and secondary risks on project objectives.
    • Update and communicate the impact of residual and secondary risks.
    • Provide the information required to update relevant project documents.
    • Aggregate and summarize risk data and update project documents.
    • risk register, lessons learned, project management plan, change logs, etc.
    • Monitor project risk levels, assess project risk levels, Prepare reports for different stakeholders, Communicate risk levels to key stakeholders
    Assessment
    • Exam preparation session of MCQ.

    • Ideal for supervisors, managers, and team leaders.


    • Identifies the core principles of risk management.
    • Describes risk management fundamentals and the environment it’s carried out in
    • Defines the risk management lifecycle.
    • Applies risk management principles to portfolio, program, and project domains in the context of an enterprise risk management approach.

    • Good level of English language.
    • Knowledge of project management and methodologies.

    Currently there are no scheduled classes for this course.

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