The goal of this course is to provide participants with the knowledge and skills necessary to understand and efficiently apply project risk management. Participants will be directed towards acquiring knowledge of risk management concepts and fundamentals, as well as developing the ability to analyze and evaluate risks and opportunities. The course will enable them to prepare comprehensive risk management plans and enhance project performance by seizing opportunities. In conclusion, participants will be qualified to pass the PMI-RMP certification exam, thereby increasing their professional opportunities in the field of project management.

By the end of this course, participants will be able to:

·       Understand the concepts and fundamentals of project risk management.

·       Define the methodology of the globally recognized Project Management Institute (PMI) for project risk management.

·       Identify popular techniques, tools, and software used in risk management.

·       Develop a risk management plan and a risk and opportunity register.

·       Make seizing opportunities a fundamental skill in project risk management.

·       Prepare the trainee to pass the PMI-RMP certification exam.

Course Curriculum

7 Lectures
Module 1 - Introduction
  • Problem definition, causes, and consequences.
  • Why project management?
  • Fundamentals of risk management.
  • Definition and specifications of risk.
  • Risk management processes.
  • Workshop: Project selection.
  • Workshop: Defining risk categories.
Module 2 -Risk Management Planning
  • Importance of the risk management planning process.
  • Critical success factors.
  • Risk management plan.
  • Workshop: Writing a risk management plan.
  • Practical application using risk management software.
Module 3 - Project Risk Identification
  • Importance of the risk identification process.
  • Types of risks and opportunities.
  • Critical success factors.
  • Tools and techniques for risk and opportunity identification.
  • Workshop: Identifying risks and opportunities using brainstorming and SWOT analysis.
  • Workshop: Building the risk register.
  • Practical application using risk management software.
Module 4 - Project Risk Analysis
  • Importance of the risk analysis process.
  • Critical success factors.
  • Tools and techniques for risk analysis.
  • Workshop: Building the probability and impact matrix.
  • Workshop: Qualitative risk analysis.
  • Practical application using risk management software.
Module 5 - Determining Project Risk Response Strategies
  • Importance of risk response strategies.
  • Critical success factors.
  • Types of risk and opportunity response strategies.
  • Building contingencies.
  • Workshop: Building a risk response strategy.
  • Practical application using risk management software.
Module 6 - Risk Monitoring and Control Processes
  • Importance of monitoring and control processes.
  • Critical success factors.
  • Emergency and contingency plans.
  • Risk reassessment.
  • Documentation of risks.
  • Practical application using risk management software.
Module 7 - Preparation for the PMI-RMP Exam
  • Exam requirements.
  • Exam registration process.
  • Completing the registration application.
  • Studying for the exam.
  • Question answering techniques.

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