Course Overview

This PMI-RMP® Certification Training will help you master the processes of risk management, the structured and objective approach to addressing uncertainty in projects. You’ll learn how to conduct risk planning, identification and analysis, and control both known and unknown risks in projects.

Key Features

100% Money Back Guarantee
No questions asked refund*

At Simplilearn, we value the trust of our patrons immensely. But, if you feel that a course does not meet your expectations, we offer a 7-day money-back guarantee. Just send us a refund request via email within 7 days of purchase and we will refund 100% of your payment, no questions asked!
  • 5 RMP® simulation exams
  • Course completion certificate
  • 32 PDUs offered

Skills Covered

  • Quantitative and qualitative risk assessment
  • Risk mitigation
  • Project planning
  • Risk analysis

Benefits

With fewer than 4,000 PMI-RMP certification holders worldwide, this course will help you distinguish yourself among your peers as an expert in risk management.

  • Designation
  • Annual Salary
  • Hiring Companies
  • Annual Salary
    $60KMin
    $85KAverage
    $136KMax
    Source: Glassdoor
    Hiring Companies
    EY
    Vodafone
    Genpact
    IBM
    Cognizant
    Source: Indeed
  • Annual Salary
    $59KMin
    $83KAverage
    $113KMax
    Source: Glassdoor
    Hiring Companies
    Citi
    Wells Fargo
    Deutsche Bank
    Oracle
    EY
    Source: Indeed
  • Annual Salary
    $59KMin
    $83KAverage
    $113KMax
    Source: Glassdoor
    Hiring Companies
    Wells Fargo
    CITI
    EY
    Accenture
    Source: Indeed
  • Annual Salary
    $46KMin
    $66KAverage
    $107KMax
    Source: Glassdoor
    Hiring Companies
    IBM
    Standard Chartered
    Oracle
    VMware
    Source: Indeed

Training Options

Self-Paced Learning

$ 399

  • Lifetime access to high-quality self-paced e-learning content curated by industry experts
  • 24x7 learner assistance and support

Corporate Training

Customized to your team's needs

  • Blended learning delivery model (self-paced eLearning and/or instructor-led options)
  • Flexible pricing options
  • Enterprise grade Learning Management System (LMS)
  • Enterprise dashboards for individuals and teams
  • 24x7 learner assistance and support

Course Curriculum

Eligibility

This PMI-RMP training course is best suited for project managers, line managers, aspiring project managers, program managers, and risk management consultants.
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Pre-requisites

You need a minimum of 4,500 hours of professional project risk management experience within the last five years and 40 hours of project risk management education if you hold a high school diploma or equivalent.
Or, you need 3,000 hours of professional project risk management experience within the last five years and 30 hours of project management education if you hold a bachelor’s degree or above.
Read More

Course Content

  • Section 01 - Course Introduction

    Preview
    • Lesson 01 - Course Intro

      02:05Preview
      • Course Intro
        02:05
  • Section 02 - Overview of RMP Certification Course

    Preview
    • Lesson 01 - Learning Objective

      00:51Preview
      • Learning Objective
        00:51
    • Lesson 02 - About PMI and PMBOK

      03:06Preview
      • 1 About PMI and PMBOK
        03:06
    • Lesson 03 - Who should apply and why PMI-RMP

      01:58Preview
      • 1 Who should apply and why PMI-RMP
        01:58
    • Lesson 04 - PMI-RMP Eligibility Requirement and Timeline

      04:37
      • 1.PMI-RMP Eligibility Requirement and Timeline
        04:37
    • Lesson 05 - How to Apply, Certification Fees and Exam Info

      03:34
      • 1.How to Apply, Certification Fees and Exam Info 2
        03:34
    • Lesson 06 - Key Takeaway

      00:46Preview
      • Key Takeaway
        00:46
  • Section 03 - Plan Risk Management

    Preview
    • Lesson 01 - Learning Objective

      00:44Preview
      • Learning Objective
        00:44
    • Lesson 02 - Introduction to Risk

      24:48Preview
      • 1.Risk and Risk Factors
        03:10
      • 2.Types of Risks and Examples
        04:44
      • 3.Types of Business and Insurable Risk
        03:53
      • 4.Risk Appetite and Tolerance
        03:15
      • 5.Risk Profiling and Attitude
        04:26
      • 6.Risk Budgeting and Triggers
        05:20
    • Lesson 03 - Project Risk Management

      22:44Preview
      • 1.Project Risk Management and Critical Success Factor
        06:19
      • 2.The Plan Risk Management Process
        02:11
      • 3.The Plan Risk Management - Input, and Tools and Techniques
        05:21
      • 4.The Plan Risk Management - Output
        01:58
      • 5.Risk Management Plan Components
        06:55
    • Lesson 04 - Data Analysis

      13:37
      • 1.Data Analysis - Stakeholder Analysis
        02:18
      • 2.Risk Breakup Structure, Effect and Source based Risk Calculation
        04:09
      • 3.Probability Risk and Impact Scale
        03:10
      • 4.Level of Uncertainty
        04:00
    • Lesson 05 - Risk Analysis

      08:05
      • 1.Risk Analysis
        08:05
    • Lesson 06 - Risk Management Roles and Responsibilities

      05:37Preview
      • 1.Risk Management Roles and Responsibilities
        05:37
    • Lesson 07 - Key Takeaway

      00:58
      • Key Takeaway
        00:58
    • Lesson 08 - Case Study

      00:57
      • Case Study 1
        00:57
  • Section 04 - Identify Risk

    Preview
    • Lesson 01 - Learning Objective

      00:28Preview
      • Learning Objective
        00:28
    • Lesson 02 - Identifying Risks

      09:29Preview
      • 1.The Identifying Risks Process
        01:00
      • 4.Risk Identification - Tools and Techniques - Historical Review, and Current Assessment
        02:37
      • 5.Risk Identification - Tools and Techniques - Creative Techniques
        05:52
    • Lesson 03 - Critical Success Factor

      10:19
      • 1.Early, Iterative and Emergent Identification
        05:02
      • 2 Critical Success Factor-Others
        05:17
    • Lesson 04 - Risk Identification Tools

      11:28Preview
      • 1.Assumption and Constraint Analysis, SWOT Analysis and Checklist Analysis
        04:37
      • 2.Prompt Lists, Interview, Brainstroming and The Delphi Techniques
        06:51
    • Lesson 05 - Gathering Techniques to Identify Risks

      07:23
      • 1.Gathering Techniques to Identify Risks
        07:23
    • Lesson 06 - Key Takeaway

      00:48
      • Key Takeaway
        00:48
    • Lesson 07 - Case Study 2

      01:04
      • Case Study 2
        01:04
  • Section 05 - Perform Qualitative Risk Analysis

    Preview
    • Lesson 01 - Learning Objective

      00:37Preview
      • Learning Objective
        00:37
    • Lesson 02 - Qualitative Risk Analysis Process

      13:51Preview
      • 1.Perform Qualitative Risk Analysis Process
        04:11
      • 2.Perform Qualitative Risk Analysis Process - Tools and Techniques, and Output
        04:43
      • 3.Critical Success Factor
        04:57
    • Lesson 03 - Risk Assessment

      17:13Preview
      • 1.Building Risk Analysis Credibility, and Probalility and Impact Assessment
        05:17
      • 2.Risk Data Quality Assessment
        05:10
      • 3.Updated Risk Register
        03:42
      • 4.Perform Qualitative Risk Analysis
        03:04
    • Lesson 04 - Key Takeaway

      00:47
      • Key Takeaway
        00:47
    • Lesson 05 - Case Study 3

      02:14
      • Case Study 3
        02:14
  • Section 06 - Perform Qualitative Risk Analysis Part Two

    Preview
    • Lesson 01 - Learning Objective

      00:13Preview
      • Learning Objective
        00:13
    • Lesson 02 - Perform Quantitative Risk Analysis - Introduction

      15:20Preview
      • 1.Perform Quantitative Risk Analysis - Inputs
        06:07
      • 2.Perform Quantitative Risk Analysis - Tools and Techniques, and Output
        01:48
      • 3.Quantitative Risk Analysis Update Components and Data Gathering and Representation Techniques
        03:18
      • 4.Critical Success Factor and Project Risk Ranking
        04:07
    • Lesson 03 - Probability distribution

      02:28
      • 1.Probability Distribution
        02:28
    • Lesson 04 - Quantitative Risk Analysis

      25:18Preview
      • 1.Quantitative Risk Analysis
        01:52
      • 2.Sensitivity Analysis
        03:42
      • 3.EMV and Decision Tree Analysis
        04:06
      • 4.Simulation and Monte-Carlo Analysis
        06:23
      • 5.Litin Hypercube Stratified Sampling and Perform Quantitative Risk Analysis
        05:33
      • 6.Qualitative Vs Quantitative Risk Analysis and Structure of Quantitative Risk Analysis
        03:42
    • Lesson 05 - Key Takeaway

      02:41
      • Case Study 4
        02:11
      • Key Takeaways
        00:30
  • Section 07 - Plan Risk Responses

    Preview
    • Lesson 01 - Learning Objective

      00:22Preview
      • Learning Objective
        00:22
    • Lesson 02 - The Plan Risk Responses Process

      13:22Preview
      • 1.The Plan Risk Responses Process
        04:52
      • 2.The Plan Risk Responses- Input, Tools and Techniques, and Output
        05:21
      • 3.Critical Success Factor
        03:09
    • Lesson 03 - Negative Risk Strategies

      12:34
      • 1.Escalate and Avoid
        05:41
      • 2.Transfer and Mitigate
        04:49
      • 3.Accept
        02:04
    • Lesson 04 - Positive Risk Strategies

      05:09Preview
      • 1.Positive Risk Strategies
        05:09
    • Lesson 05 - Contigency Plans

      13:32Preview
      • 1.Contigency Plans
        06:10
      • 2.Residual and Secondary Risk, and Risk Register Updates
        02:16
      • 3.Risk Related Contract Decisions and Project Management Plan Updates 1
        05:06
    • Lesson 06 - Key Takeaway

      00:48
      • Key Takeaway
        00:48
    • Lesson 07 - Case Study 5

      01:02
      • Case Study 5
        01:02
  • Section 08 - Monitor Risk

    Preview
    • Lesson 01 - Learning Objective

      00:22Preview
      • Learning Objective
        00:22
    • Lesson 02 - Monitor Risks Process

      03:57Preview
      • 1.Monitor Risks Process
        03:57
    • Lesson 03 - Monitor Risks Input

      02:40Preview
      • 1.Monitor Risks Input
        02:40
    • Lesson 04 - Monitor Risks Tools and Techniques

      08:40
      • 1.Tools and Techniques - Data Analysis
        04:09
      • 2.Tools and Techniques - Meetings
        04:31
    • Lesson 05 - Monitor Risks Output

      09:46Preview
      • 1.Monitor Risks Output
        07:30
      • 2.Risk Reassessment
        02:16
    • Lesson 06 - Conducting Risk Audit

      05:19Preview
      • 1.Conducting Risk Audit
        05:19
    • Lesson 07 - Monitor Risk Process Documentation and Project Closure

      03:36
      • 1.Monitor Risk Process Documentation and Project Closure
        03:36
    • Lesson 08 - Key Takeaway

      00:21
      • Key Takeaway
        00:21
    • Lesson 09 - Case Study 8

      02:05Preview
      • Case Study 8
        02:05

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.

  • Jeff Allen

    Jeff Allen

    Project Management and Agile Expert, Consultant, Author

    Jeff Allen is a highly regarded project management and Agile expert with more than 15 years of experience at large companies like Compaq and HP. As an Agile Coach, he has mentored over 5000 professionals globally.

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Exam & Certification

PMI-RMP Certificate
  • How do I 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 to the 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 certification requires:
    A minimum 4500 hours of professional project risk management experience within the last five 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 five years and 30 hours of project management education if you hold a bachelor’s degree or above.

  • Do you provide any practice tests as part of this course?

    Yes, we provide 1 practice test as part of our course to help you prepare for the actual certification exam. You can try this free PMI-RMP® Exam Prep Practice Test to understand the type of tests that are part of the course curriculum.

  • How do I become a Risk Management professional?

    The PMI-RMP certification training will assist you in mastering risk management processes, which are a disciplined and objective way to deal with uncertainty in projects. Aspirants can obtain PMI-RMP® certification by following the procedures outlined below:
    Step 1: After finishing the training, go to www.pmi.org. 
    Step 2: Enroll for the PMI-RMP exam.
    Step 3: Pay for the PMI-RMP certificate.
    Step 4: Within 90 days, submit audit materials and supporting documents.
    Step 5: Take the exam and become certified at a National Standardized Test Center.

Reviews

  • Scott Murphy

    Scott Murphy

    The workshop and the LVC method were good.

  • Richard Wilson

    Richard Wilson

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

  • Cheryl Harris-Barney

    Cheryl Harris-Barney

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

  • Surander Rajendran

    Surander Rajendran

    Manager at Accenture

    Simplilearn has wonderful training materials. They are crisp and clear. The course has a very good framework. Simplilearn has great customer support to handle the queries. Overall, it is very well organised. Great work!

  • charbelabousamra

    charbelabousamra

    Project Manager | Oman

    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

  • Michael Kirolos

    Michael Kirolos

    Senior Architect at SSHI

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

  • Nagaraju Tallapelly

    Nagaraju Tallapelly

    Cost and Management Accountant at Al Nasr Contracting Co. LLC

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

  • Naji Siddig

    Naji Siddig

    Power Division Assistant Manager at Saudi Electronic Trading co. SETRA

    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.

  • MOHAMED ABDEL MUTAAL

    MOHAMED ABDEL MUTAAL

    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.

  • Abdallah

    Abdallah

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

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Why Online Bootcamp

  • Develop skills for real career growthCutting-edge curriculum designed in guidance with industry and academia to develop job-ready skills
  • Learn from experts active in their field, not out-of-touch trainersLeading practitioners who bring current best practices and case studies to sessions that fit into your work schedule.
  • Learn by working on real-world problemsCapstone projects involving real world data sets with virtual labs for hands-on learning
  • Structured guidance ensuring learning never stops24x7 Learning support from mentors and a community of like-minded peers to resolve any conceptual doubts

FAQs

  • How do I enroll for the online training?

    You can enroll through our website and make an online payment using any of the following options:
    • Visa debit/credit card
    • American Express and Diners Club card
    • Mastercard
    • PayPal
    Once payment is processed, you will automatically receive a payment receipt and access information via email.

  • What is included with the training?

    You will get access to our e-learning content, practice simulation tests and an online participant handbook that cross references the e-learning to reinforce what you’ve learned.

  • If I need to cancel my enrollment, can I get a refund?

    Yes, you can cancel your enrollment if necessary. We will refund the course price after deducting an administration fee. To learn more, please read our Refund Policy.

  • Can I extend the access period?

    Yes, you can extend the access period by paying an additional fee. Please send 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 and pay the course fee, you will have 24/7 access to the e-learning content on our website. An automated course purchase confirmation mail sent by us will guide you through the process.

  • I am not able to access the online courses. Whom should I contact?

    Contact us using the form on the right of any page on the Simplilearn website, select the Live Chat link or contact Help & Support.

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

    No, the exam fee is not included in this course. However, by completing this course, you can earn PDUs required to take the PMI-RMP certification exam.

  • I’d like to learn more about this training program. Whom should I contact?

    Contact us using the form on the right of any page on the Simplilearn website, or select the Live Chat link. Our customer service representatives can provide you with more details.

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

    In order to unlock your Simplilearn certificate you need to complete 85% of the course and complete one simulation test with a minimum score of 60%.

  • Who are the trainers and how are they selected?

    All of our highly qualified trainers are working professionals and industry experts with at least 10-12 years of relevant teaching experience. Each of them has gone through a rigorous selection process which includes profile screening, technical evaluation and a training demo before they qualify as Simplilearn trainers. 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 a dedicated team of subject matter experts here to help you get certified in your first attempt. They engage students proactively to ensure the course path is being followed and help you enrich your learning experience, from class onboarding to project mentoring and job assistance. 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.

  • What is RMP used for?

    The PMI RMP course emphasizes your ability to identify and assess project risks and reduce threats and capitalize on opportunities. In this role, you improve and safeguard the demands of your organization. Obtaining certification as a PMI-RMP® distinguishes you from other specialists and provides credit to your organization.

  • Is the PMI RMP course difficult to learn?

    The PMI RMP course provides you with simple access to the crucial learning approaches utilized by Project Management experts. Implementing clever study strategies into your standard study plan will help you understand the course information more swiftly and effectively. 

  • Is the Risk Management profession a good career option?

    Risk management can be a fulfilling and exciting career path for professionals just starting or searching for a more diverse work with more difficulties. Professionals can work as Risk Management Analysts, Associate Risk Managers, Risk Consultants, Credit; Risk Heads, and, in some cases, Chief Risk Officers. Risk pervades all functions and departments of an organization. Therefore understanding risk management is advantageous in every position. Individuals with PMI RMP certification are more likely to secure these attractive job prospects.

  • How do beginners learn PMI RMP?

    Enroll in the PMI-RMP training if you want to learn more about risk management in depth. It will assist you in mastering the risk management process and determining the level of uncertainty in projects. This course teaches you to identify risks, plan for them, respond to them, and control known and unknown hazards.

  • Is PMI RMP certification worth it?

    PMP certification is unquestionably advantageous. Accreditation has numerous advantages. According to the PMI wage report, PMP project managers make 20% more than the average income. There are multiple PMP certification perks, and hence the PMP certification value is much higher. Obtaining the certification through PMI RMP training distinguishes you from other professionals and brings credit to your organization.

  • What are the job roles/opportunities available after getting a PMI RMP certification?

    You can find risk management careers in a variety of industries and organizational settings. Technical Business Analyst, Project Manager, Business Analyst, and Agile Project Manager are some of the job titles. Simplilearn's course will help you distinguish yourself among your peers as an expert in risk management in specific professional fields, as there are fewer than 4,000 PMI-RMP certification holders globally.

  • What do Risk Management professionals do?

    Professionals in risk management aim to discover, assess, and document the risks connected with a company's business activities, monitor risk management systems' effectiveness, and implement necessary modifications. The risk manager's responsibility is to examine input from all available sources and then estimate risks for the company's senior decision-makers. They frequently work with top management to develop company strategies that minimize or mitigate risks. Our PMI RMP certification course prepares candidates to master the fundamentals and advanced topics and pass the exam.

  • What skills should a Risk Management professional know?

    It is essential to plan and carry out an honest self-assessment of your knowledge, skills, and abilities to become a Risk Management professional. They should be good in the following areas: technical, decision-making, judgment, execution, and computer. Suppose you are ready for additional challenges and recognition. In that case, the PMI-RMP® certification course will confirm your particular competence in the risk management sector and help you stand out to employers, stakeholders, and peers.

  • What industries use RMP most?

    Risk Management Professionals has vast experience and is very well suited to provide cost-effective and more significant services to the Ammonia Refrigeration, Agriculture, Refining, Oil & Gas, Power Generation Facility, Water & Wastewater, Chemical Manufacturing and Processing Facilities, Metal Plating & Finishing, and Municipalities industries. The PMI RMP course and certification provided by Simplilearn will be recognized across various industry and organizational peculiarities.

  • Which companies hire Risk Management professionals?

    Risk management occupations have quickly become one of the most significant positions in the world. Because the field is competitive, obtaining a PMI RMP certification is suggested to find employment or grow. Get hired by international brands such as Google, Amazon, JP Morgan, and other industry leaders.

  • What book do you suggest reading for Risk Management?

    Though our PMI RMP course is sufficient to teach you all of the ground-up ideas, you should also read certain books for reference. Moreover, these publications offer valuable pointers for the practical application of project risk management.

    • Practice standard for project risk management

    Author: Project Management Institute

    • The PMI-RMP Exam Prep Study 

    Author: Belinda Fremouw

    • Risk Management Tricks of the Trade for Project Managers 

    Author: Rita Mulcahy 

    • Passing the Risk Management Exam 

    Author: Daniel C. Yoemans
     

  • What is the pay scale of Risk Management professionals across the world?

    Salary ranges might vary greatly depending on various things, including schooling, PMI RMP certification, other talents, and the experience you've worked in your field. Employees in this field may receive bonuses and commissions in addition to their pay and profit sharing. After completing the PMI-RMP® Course, you will be able to earn a high salary as a freelancer or as a full-time professional. According to Glassdoor data, the national average annual income of Risk Management experts worldwide is

    • India - ?10L
    • United States – $86,713
    • United Kingdom - £65,819
    • Canada - CA$83,674
    • Japan - JP¥4,40,864

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