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  • 13 hours of high quality e-learning content
  • 68 chapter-end quizzes
  • 3 RMP® simulation exams
  • Downloadable e-book
  • Course completion certificate
  • 30 PDUs offered

Course description

  • What is this course about?

    The Risk Management Course empowers you to develop knowledge and skills required to clear your PMI-RMP® exam in first attempt. Risk Management Professional certification demonstrates a professional’s specialization in assessing, identifying and controlling risks. This course will enable you to assess the risk velocity and help you to ascertain the route to risk mitigation by prior planning.

  • What are the course objectives?

    By the end of this training you will be able to

    • Clear the PMI-RMP® Certification exam in First Attempt
    • Identify by qualitative and quantitative assessments of risk
    • Develop and deploy risk mitigation strategies
    • Possess knowledge of risk management based on the PMBOK® Guide and Practice Standard for Project Risk Management

  • Who should do this course?

    The PMI-RMP® (Risk Management Professional) Course is best suited for

    • Project managers
    • Line Managers
    • Aspiring Project Managers, Program Managers
    • Risk Management Consultants

Course preview

    • Getting started 11:08
      • Getting started 11:08
    • Lesson 01 - Introduction to PMI-RMP® Certification Course 26:15
      • 1.1 Introduction to PMI-RMP® Certification Course 00:32
      • 1.2 Objectives 00:25
      • 1.3 Course Overview 01:15
      • 1.4 Course Overview (contd.) 01:19
      • 1.5 PMI-RMP® and PMI® Information 02:34
      • 1.6 Prerequisites for the PMI-RMP® Exam 02:43
      • 1.7 RMP® Credential Process—Timeline
      • 1.8 About the PMI-RMP® Exam 01:00
      • 1.9 About the PMI-RMP® Exam (contd.) 00:56
      • 1.10 PMI-RMP® Exam Syllabus
      • 1.11 Domain 1 - Risk Strategy and Planning 01:37
      • 1.12 Domain 1 - Risk Strategy and Planning Knowledge and Skills 01:21
      • 1.13 Domain 2 - Stakeholder Engagement 02:00
      • 1.14 Domain 2 - Stakeholder Engagement Knowledge and Skills 01:24
      • 1.15 Domain 3 - Risk Process Facilitation 01:43
      • 1.16 Domain 3 - Risk Process Facilitation Knowledge and Skills 01:04
      • 1.17 Domain 4 - Risk Monitoring and Reporting 01:41
      • 1.18 Domain 4 - Risk Monitoring and Reporting Knowledge and Skills 01:08
      • 1.19 Domain 5 - Perform Specialized Risk Analyses 01:09
      • 1.20 Domain 5 - Perform Specialized Risk Analyses Knowledge and Skills 01:21
      • 1.21 Summary 00:53
      • 1.22 Conclusion 00:10
    • Lesson 02 - PMI-RMP® Risk Management Framework 19:33
      • 2.1 Risk Management Framework 00:17
      • 2.2 Objectives 00:22
      • 2.3 Purposes of Practice Standard for Risk Management 01:54
      • 2.4 Project Risk Definition 01:12
      • 2.5 Project Risk Management Definitions 01:26
      • 2.6 Project Risk Management Definitions (contd.)
      • 2.7 Project Risk Management Definitions (contd.)
      • 2.8 Roles of Project Risk Management 01:17
      • 2.9 Good Risk Management Practices 02:28
      • 2.10 Critical Success Factors 01:41
      • 2.11 Functional Organization 00:50
      • 2.12 Functional Organization Advantages and Disadvantages 01:10
      • 2.13 Projectized Organization 00:23
      • 2.14 Projectized Organization Advantages and Disadvantages 01:19
      • 2.15 Matrix Organization 00:19
      • 2.16 Matrix Organization Advantages and Disadvantages 01:30
      • 2.17 Types of Risk 01:23
      • 2.18 Types of Risk Knowledge of Risk Level 01:09
      • 2.19 Quiz
      • 2.20 Summary 00:46
      • 2.21 Conclusion 00:07
    • Lesson 03 - PMI-RMP® Principles and Concepts 08:48
      • 3.1 Principles and Concepts 00:19
      • 3.2 Objectives 00:33
      • 3.3 Individual and Overall Project Risks 01:33
      • 3.4 Stakeholder Risk Attitudes
      • 3.5 Iterative Process 01:15
      • 3.6 Communication 00:48
      • 3.7 Responsibility for Project Risk Management 01:38
      • 3.8 Role of Project Manager 01:54
      • 3.9 Quiz
      • 3.10 Summary 00:39
      • 3.11 Conclusion 00:09
    • Lesson 04 - PMI-RMP® Introduction to Project Risk Management Processes 09:10
      • 4.1 Introduction to Project Risk Management Processes 00:19
      • 4.2 Objectives 00:20
      • 4.3 Project Risk Management 00:56
      • 4.4 Project Risk Management and Project Management 01:35
      • 4.5 Project Risk Management and Project Management (contd.) 01:13
      • 4.6 Project Risk Management Processes 01:44
      • 4.7 Project Risk Management Processes (contd.) 02:08
      • 4.8 Project Risk Management Processes (contd.)
      • 4.9 Quiz
      • 4.10 Summary 00:42
      • 4.11 Conclusion 00:13
    • Lesson 05 - PMI-RMP® Plan Risk Management 24:15
      • 5.1 Plan Risk Management 00:37
      • 5.2 Objectives 00:19
      • 5.3 Objectives of Plan Risk Management Process 00:34
      • 5.4 Purposes of Plan Risk Management Process 01:14
      • 5.5 Purposes of Plan Risk Management Process (contd.) 00:42
      • 5.6 Success Criteria 02:19
      • 5.7 Critical Success Factors
      • 5.8 Inputs, Tools and Techniques, and Outputs 01:01
      • 5.9 Inputs 01:36
      • 5.10 Tools and Techniques
      • 5.11 Output 00:38
      • 5.12 Project Templates 00:38
      • 5.13 Documenting the Results 01:02
      • 5.14 Standardized Approach to Risk Management—Example 00:48
      • 5.15 Standardized Approach to Risk Management—Example (contd.) 01:00
      • 5.16 Risk Management Plan—Components 01:24
      • 5.17 Risk Management Plan—Components (contd.) 00:51
      • 5.18 Probability Scales 01:16
      • 5.19 Impact Scales 00:51
      • 5.20 Probability and Impact Matrix 01:15
      • 5.21 Risk Breakdown Structure (RBS) 01:17
      • 5.22 Risk Tolerance 00:34
      • 5.23 Techniques to Determine Risk Tolerance and Risk Exposure Example 00:58
      • 5.24 Techniques to Determine Risk Tolerance and Risk Exposure Example (contd.) 00:46
      • 5.25 Risk Management Roles and Responsibilities 00:45
      • 5.26 Levels of Uncertainty 00:55
      • 5.27 Levels of Risk Tolerance
      • 5.28 Quiz
      • 5.29 Summary 00:48
      • 5.30 Conclusion 00:07
    • Lesson 06 - PMI-RMP® Identify Risks 30:43
      • 6.1 Identify Risks 00:26
      • 6.2 Objectives 00:25
      • 6.3 Purposes of Identify Risks Process 01:06
      • 6.4 Objectives of Identify Risks Process 00:18
      • 6.5 Critical Success Factors
      • 6.6 Inputs, Tools and Techniques, and Output 01:18
      • 6.7 Inputs 01:46
      • 6.8 Inputs (contd.) 02:02
      • 6.9 Tools and Techniques
      • 6.10 Assumption Analysis and Documentation Reviews—Example 00:54
      • 6.11 Assumption Analysis and Documentation Reviews Example (contd.) 00:42
      • 6.12 Tools and Techniques Categories
      • 6.13 Tools and Techniques Facts 01:00
      • 6.14 Other Tools and Techniques 00:37
      • 6.15 Interview with SMEs 00:31
      • 6.16 Interview with Experts Process 00:36
      • 6.17 Brainstorming Technique 00:36
      • 6.18 Brainstorming Process 00:27
      • 6.19 Delphi Technique 00:39
      • 6.20 Delphi Technique Process 00:40
      • 6.21 Nominal Group Technique 00:31
      • 6.22 Nominal Group Technique Process 00:54
      • 6.23 Crawford Slip Technique 00:31
      • 6.24 Crawford Slip Process 00:49
      • 6.25 Analogy Technique 00:18
      • 6.26 Analogy—Process 00:42
      • 6.27 Checklists, Surveys, and Templates 00:39
      • 6.28 Assumptions Analysis 01:03
      • 6.29 Checklist Analysis 00:29
      • 6.30 SWOT Analysis 01:17
      • 6.31 Cause-and-Effect Diagram 01:04
      • 6.32 Root Cause Analysis Example 00:56
      • 6.33 Root Cause Analysis Example—(contd.) 00:51
      • 6.34 Output 00:39
      • 6.35 Prompt Lists 01:21
      • 6.36 Risk Categories 01:12
      • 6.37 Best Practices 00:42
      • 6.38 Historical Documentation 00:44
      • 6.39 Documenting the Results 00:33
      • 6.40 Quiz
      • 6.41 Summary 01:17
      • 6.42 Conclusion 00:08
    • Lesson 07 - PMI-RMP® Perform Qualitative Risk Analysis 26:29
      • 7.1 Perform Qualitative Risk Analysis 00:20
      • 7.2 Objectives 00:28
      • 7.3 Purposes and Objectives 01:27
      • 7.4 Critical Success Factors
      • 7.5 Use Agreed-Upon Approach 01:47
      • 7.6 Use Agreed-Upon Definitions of Risk Terms 00:39
      • 7.7 Collect High-Quality Information on Risks 00:37
      • 7.8 Perform Iterative Qualitative Risk Analysis 00:26
      • 7.9 Inputs, Tools and Techniques, and Outputs 00:59
      • 7.10 Inputs 01:37
      • 7.11 Tools and Techniques
      • 7.12 Tools and Techniques Characteristics 02:23
      • 7.13 Risk Probability and Impact Assessment Example 00:50
      • 7.14 Risk Probability and Impact Assessment Example (contd.) 00:52
      • 7.15 Root Cause Analysis 01:17
      • 7.16 Estimating Techniques 00:39
      • 7.17 Historical Documentation 01:01
      • 7.18 Analytical Hierarchy Process 00:48
      • 7.19 Risk Urgency Assessment 00:38
      • 7.20 Perform Qualitative Risk Analysis Process 00:38
      • 7.21 Select Risk Characteristics 00:59
      • 7.22 Collect and Analyze Data 00:36
      • 7.23 Prioritize Risks by Probability and Impact on Specific Objectives 00:37
      • 7.24 Prioritize Risks by Probability and Impact on Overall Project 00:45
      • 7.25 Categorize Risk Causes 01:14
      • 7.26 Document the Results 01:02
      • 7.27 Perform Qualitative Risk Analysis Process Example 00:50
      • 7.28 Perform Qualitative Risk Analysis Process Example (contd.) 00:48
      • 7.29 Output 01:00
      • 7.30 Quiz
      • 7.31 Summary 00:57
      • 7.32 Conclusion 00:15
    • Lesson 08 - PMI-RMP® Perform Quantitative Risk Analysis 33:57
      • 8.1 Perform Quantitative Risk Analysis 00:27
      • 8.2 Objectives 00:29
      • 8.3 Purposes and Objectives 00:44
      • 8.4 Implementation of Overall Risk Analysis 01:19
      • 8.5 Overall Risk Analysis—Post Implementation 01:30
      • 8.6 Qualitative and Quantitative Risk Analysis—High Level Comparison 01:15
      • 8.7 Critical Success Factors
      • 8.8 Inputs, Tools and Techniques, and Output 00:59
      • 8.9 Inputs 01:51
      • 8.10 Tools and Techniques
      • 8.11 Sensitivity Analysis Example 00:54
      • 8.12 Sensitivity Analysis Example (contd.) 01:09
      • 8.13 Tools and Techniques-Characteristics 01:25
      • 8.14 Tools and Techniques-Characteristics (contd.) 02:59
      • 8.15 Basic Principles of Probability 01:54
      • 8.16 Basic Principles of Probability (contd.) 00:52
      • 8.17 Historical Documentation 01:04
      • 8.18 Fault Tree Analysis 00:32
      • 8.19 System Dynamics 01:08
      • 8.20 EMV Analysis 01:06
      • 8.21 Decision Tree Analysis 01:46
      • 8.22 Monte Carlo Analysis 00:53
      • 8.23 Monte Carlo Software for Risk Modeling—Example 00:53
      • 8.24 Monte Carlo Software for Risk Modeling Example (contd.) 00:41
      • 8.25 Probability Distribution 01:10
      • 8.26 Project Risk Ranking 01:16
      • 8.27 Steps to Perform Quantitative Risk Analysis 01:15
      • 8.28 Perform Quantitative Risk Analysis Output 00:31
      • 8.29 Components of Quantitative Risk Analysis Update 01:51
      • 8.30 Documenting the Results 00:53
      • 8.31 Quiz
      • 8.32 Summary 01:00
      • 8.33 Conclusion 00:11
    • Lesson 09 - PMI-RMP® Plan Risk Responses 30:40
      • 9.1 Plan Risk Responses 00:51
      • 9.2 Objectives 00:29
      • 9.3 Purposes and Objectives 00:42
      • 9.4 Activities and Roles 00:48
      • 9.5 Activities and Roles (contd.) 00:41
      • 9.6 Interfaces 00:38
      • 9.7 Critical Success Factors
      • 9.8 Inputs, Tools and Techniques, and Outputs 00:37
      • 9.9 Inputs 00:48
      • 9.10 Updating the risk register Example 00:45
      • 9.11 Updating the risk register Example (contd.) 00:54
      • 9.12 Tools and Techniques
      • 9.13 Strategies for Threats 01:34
      • 9.14 Accepting a Threat Example 00:46
      • 9.15 Strategies for Opportunities 02:13
      • 9.16 Exploit Strategy Example 00:50
      • 9.17 Exploit Strategy Example—(contd.) 00:53
      • 9.18 Tools and Techniques-Categories 00:51
      • 9.19 Steps Involved in Planning Risk Responses Process 01:02
      • 9.20 Applying Risk Response Strategies to Overall Project Risk 00:38
      • 9.21 Response Identification 00:31
      • 9.22 Response Selection 00:30
      • 9.23 Risk Addressing 00:46
      • 9.24 Outputs 00:45
      • 9.25 Contingency Plan 00:30
      • 9.26 Risk Tolerance 00:19
      • 9.27 Business Continuity Plan 00:37
      • 9.28 Contingency Reserves 00:25
      • 9.29 Critical Chain Project Management 00:46
      • 9.30 Force Field Analysis 01:07
      • 9.31 Industry Knowledge base 00:40
      • 9.32 Interviews 00:47
      • 9.33 Multi-criterion Selection Techniques 00:31
      • 9.34 Historical Documentation 00:56
      • 9.35 Quantitative Risk Analysis 00:36
      • 9.36 Root Cause Analysis 00:44
      • 9.37 Scenario Analysis 00:27
      • 9.38 Scenario Analysis-Example 00:44
      • 9.39 Scenario Analysis-Example (contd.) 00:37
      • 9.40 Residual Risks 00:19
      • 9.41 Creating a Risk Response Plan-Guidelines 01:07
      • 9.42 Documenting the Results
      • 9.43 Quiz
      • 9.44 Summary 00:46
      • 9.45 Conclusion 00:10
    • Lesson 10 - PMI-RMP® Control Risks 21:07
      • 10.1 Control Risks 00:46
      • 10.2 Objectives 00:29
      • 10.3 Purposes and Objectives 00:58
      • 10.4 Purposes and Objectives (contd.) 02:04
      • 10.5 Critical Success Factors
      • 10.6 Inputs, Tools and Techniques, and Outputs 00:49
      • 10.7 Inputs 01:38
      • 10.8 Tools and Techniques
      • 10.9 Others Tools and Techniques
      • 10.10 Outputs 01:54
      • 10.11 Risk Audits 00:26
      • 10.12 Risk Reassessment 00:20
      • 10.13 Risk Audit Guidelines 00:55
      • 10.14 Risk Audits Example 00:54
      • 10.15 Risk Audits Example (contd.) 00:46
      • 10.16 Trend Analysis 00:38
      • 10.17 Variance Analysis 00:30
      • 10.18 Variance and Trend Analysis Example 01:02
      • 10.19 Variance and Trend Analysis Example (contd.) 00:51
      • 10.20 Technical Performance Measurement 00:23
      • 10.21 Critical Chain Project Management 00:45
      • 10.22 Reserve Analysis 00:48
      • 10.23 Status Meetings 00:49
      • 10.24 Evaluating Project Risks and Risk Status 00:26
      • 10.25 Historical Documentation 01:03
      • 10.26 Documenting the Results 00:42
      • 10.27 Quiz
      • 10.28 Summary 01:01
      • 10.29 Conclusion 00:10
    • Tips and Tricks 23:24
      • Tips and Tricks 01 Introduction 03:23
      • Tips and Tricks 02 Examination Questions Overview 02:02
      • Tips and Tricks 03 Plan Risk Management Process 01:08
      • Tips and Tricks 04 Identify Risks Process 01:13
      • Tips and Tricks 05 Perform Qualitative Analysis 01:34
      • Tips and Tricks 06 Perform Quantitative Analysis 02:08
      • Tips and Tricks 07 Plan Risk Responses 01:30
      • Tips and Tricks 08 Control Risks Process 01:24
      • Tips and Tricks 09 EMV and Decision Trees 01:27
      • Tips and Tricks 10 Importance of Risks and Risk Register 02:04
      • Tips and Tricks 11 Examination Strategy 05:31
    • Final Words 05:29
      • Final Words 05:29
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Exam & certification FREE PRACTICE TEST

  • How do you become an RMP® Certified Professional?

    Aspirants can get PMI-RMP® certified by following the below processes:
    • Step 1: Visit www.pmi.org after completing the training
    • Step 2: Register for PMI-RMP® exam
    • Step 3: Submit payment for PMI-RMP® credential
    • Step 4: Submit audit materials and supporting documents within 90 days
    • Step 5: Take the exam at a Prometric Testing Center and get certified

    For detailed information on the application filing process, please refer the link: PMI - RMP® Credential Handbook

    Disclaimer:
    PMI, PMBOK, PMP, PgMP, CAPM, PMI-RMP, PMI-ACP are registered trademarks of the Project Management Institute, Inc.

  • What are the prerequisites for the certification?

    The PMI–RMP® course requires:
    A minimum 4500 hours of professional project risk management experience within the last 5 years and 40 hours of project risk management education, if you hold a High school diploma or equivalent.
    Or
    3000 hours of professional project risk management experience within the last 5 years along with 30 hours of project management education, if you hold a Bachelor’s degree or above.

Reviews

I had enrolled for the PMI_RMP program after much research to enroll for online classes with Simplilearn. Currently, except Simplilearn there is no other institute where you can enroll & get 30 PDU's which is a mandatory requirement for getting the PMI_RMP certification. Before this, I had never tried online classes and to my surprise, it's just great. There are two things about Simplilearn which deserve special mention: 1. Course content - It is excellent & the online PMI book was really helpful 2. Support - Any time you have any concern/question, they are just there to help you. I would recommend this program for people planning for PMI_RMP certification.

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This valuable training course give me thorough knowledge on all risk management concepts that I needed of to easily pass the RMP Exam. All tips were clear and really helpful.

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The workshop was good and perfect to understand. I liked the material very much.

The workshop and the LVC method were good.

Simplilearn is not just an online teaching website. It provides an excellent opportunity for the people to upgrade in all aspects.

This was my first online course training and I really enjoyed doing the course. The course materials were really good and the trainer’s way of interaction was amazing. The customer support people were always there to help with the immediate response. I am planning for another course with Simplilearn.

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I found it to be nicely detailed covering all sides of RMP. I was able to find answers to all my questions. The most important things in addition to the lessons are the exercises at the end of each lesson

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I found it very useful and I recommend it for anyone working in the management field

This was an excellent course presented in a very helpful and logical manner. The course content was right to the point and priced very competitively. The course worked extremely well over the Internet with no glitches. The Simplilearn staff were extremely helpful. I have no reservations in recommending it to my colleagues. I will most certainly use Simplilearn in future.

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I felt the content was well apportioned, poignant and relevant to both the discipline and the test. Often, these types of courses only focus on how to pass tests without necessarily providing constructive information for practical applications. I find that this time, Simplilearn got it right. This is the third course which I have taken from Simplilearn and I can tell you that three years ago, the only reason I picked this company was cost. Now, Simplilearn has transitioned to being the right value for me. Good content, excellent LMS, great value and a reliable system. Job well done. Regards, David G.

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The workshop was descent and got many insights to attend the exam.

Very helpful & valuable course, i am strongly recommend it to be taken through Simplilearn

Course advisor

Tim Jerome
Tim Jerome Project Management Expert and Evangelist

Tim Jerome is an international project management expert with over 15 years of experience at companies like Intel and Digital Network Services. A former president of the PMI Rio Grande Chapter, Tim is also a PMP instructor with over 10 years of experience in addition to his extensive project management consulting experience.

FAQs

  • How do I enroll for the online training?

    You can enroll for the online training through our website. You can make online payment using any of the following options:
    • Visa debit/credit card
    • American Express and Diners Club cards
    • Master Card
    • PayPal
    Once the online payment is done, you will automatically receive payment receipt, via email.

  • What will I get along with this training?

    In this training, you will have access to online e-learning and practice tests.

  • Can I cancel my enrollment? Do I get a refund?

    Yes! You can cancel your enrollment. We will provide you complete refund after deducting the administration fee. To know more, please go through our Refund Policy.

  • Can I extend the access period?

    Yes, you can extend the access period by paying an additional fee. Please raise a request via our Help and Support portal.

  • Where and how can I access the e-learning content? Are there any limitations?

    Once you register with us for a course by paying the course fee, you can have 24/7 access to the e-learning content on our website. An automated course purchase confirmation mail from our side will guide you through the process.

  • I am not able to access the online course. Whom should I contact for a solution?

    Please raise a request via our Help and Support portal to have your issue resolved.

  • Does the course fee include the examination fee as well?

    No! Exam fee is not included in this course. However, with course fee, you can earn PDUs required to appear for PMI-RMP® certification exam.

  • I want to know more about the training program. Whom do I contact?

    Please join our Live Chat for instant support, call us, or Request a Call Back to have your query resolved.

  • What do I need to do to unlock my Simplilearn certificate?

    • Complete 85% of the course.
    • Complete 1 simulation test with a minimum score of 60%.

  • Who are our Faculties and how are they selected?

    All our trainers are working professionals and industry experts with at least 10-12 years of relevant teaching experience.

    Each of them have gone through a rigorous selection process which includes profile screening, technical evaluation, and training demo before they are certified to train for us.  

    We also ensure that only those trainers with a high alumni rating continue to train for us.

  • What is Global Teaching Assistance?

    Our teaching assistants are here to help you get certified in your first attempt.

    They are a dedicated team of subject matter experts to help you at every step and enrich your learning experience from class onboarding to project mentoring and job assistance.

    They engage with the students proactively to ensure the course path is followed.

    Teaching Assistance is available during business hours.

  • What is covered under the 24/7 Support promise?

    We offer 24/7 support through email, chat, and calls.  

    We also have a dedicated team that provides on demand assistance through our community forum. What’s more, you will have lifetime access to the community forum, even after completion of your course with us.

Contact Us

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  • Disclaimer
  • PMP, PMI, PMBOK, CAPM, PgMP, PfMP, ACP, PBA, RMP, SP, and OPM3 are registered marks of the Project Management Institute, Inc.
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