Course Outline

  • Introduction to Project Risk Management
    • Definitions of risk  
    • Pure and business risks
    • Benefits of project risk management
    • Project risk management processes
  • Risk Management Planning
    • Stakeholder risk appetite
    • Elements of the risk management plan
    • Risk breakdown structure
    • Defining risk probability and impact scales
  • Identifying Project Risks
    • Brainstorming and Delphi techniques
    • SWOT analysis
    • Work Breakdown Structure (WBS)
    • Risk register
  • Qualitative Risk Analysis
    • Risk probability and impact assessment
    • Risk ranking within the project
    • Risk urgency assessment
    • Project risk score
  • Quantitative Risk Analysis
    • Probability distributions
    • Monte Carlo simulation
    • Sensitivity analysis
    • Expected Monetary Value (EMV)
    • Decision tree analysis
  • Risk Response Strategies
    • Negative risk response strategies (threats)
    • Positive risk response strategies (opportunities)
    • Contingency planning strategy
    • Secondary and residual risks
  • Implementing Responses and Monitoring Risks 
    • Risk audit
    • Risk reviews
    • Workarounds

Requirements

To apply for the PMI-RMP® Credential, you need:

  • 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
 28 Hours

Testimonials (4)

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