PROJECT RISK MANAGEMENT: PREPARATION FOR RISK MANAGEMENT PROFESSIONAL (PMI-RMP)®
Master the Tools, Techniques, and Knowledge Areas Required to Manage Project Risk and Pass the PMI-RMP® Exam
Course Schedule
| Date | Venue | Fees (Face-to-Face) |
|---|---|---|
| 16 – 20 Jun 2025 | Dubai, UAE | USD 3495 per delegate |
Course Introduction
In an increasingly complex project environment, effective risk management is critical to achieving project success. The Project Management Institute’s Risk Management Professional (PMI-RMP)® certification validates an individual’s ability to identify, assess, and manage project risks efficiently and strategically.
This 5-day intensive course prepares participants to pass the PMI-RMP® certification exam while building practical skills in project risk planning, analysis, and response development. Aligned with PMI’s “Practice Standard for Project Risk Management” and the PMBOK® Guide, the course blends theory, mock exams, and real-world applications to ensure readiness for certification and improved project performance.
Course Objectives
By the end of this course, participants will be able to:
• Understand PMI-RMP® exam content, format, and application process
• Define and distinguish between individual and overall project risks
• Develop comprehensive risk management plans and policies
• Apply qualitative and quantitative risk analysis techniques
• Design and implement effective risk response strategies
• Prepare confidently to pass the PMI-RMP® certification exam
Why you Should Attend
• Structured preparation for the globally recognized PMI-RMP® credential
• Gain advanced skills in project risk identification, analysis, and response
• Access mock tests, quizzes, and exam simulation tools
• Enhance project performance by integrating risk management practices
• Learn from certified PMI-RMP® instructors with real project experience
Intended Audience
This program is designed for:
• Project managers and risk professionals seeking PMI-RMP® certification
• PMO leaders and team members responsible for project governance
• Project engineers, planners, and controllers
• Business analysts and consultants in project environments
• Professionals involved in high-risk or complex project execution
Individual Benefits
This program is designed for:
• Project managers and risk professionals seeking PMI-RMP® certification
• PMO leaders and team members responsible for project governance
• Project engineers, planners, and controllers
• Business analysts and consultants in project environments
• Professionals involved in high-risk or complex project execution
Organization Benefits
Upon completing the training course, participants will demonstrate:
• Enhanced risk management capability across project portfolios
• Improved stakeholder confidence through better risk communication
• Stronger compliance with PMI standards and governance models
• Reduction in project cost overruns and schedule delays
• Support for project teams in building a risk-aware culture
Instructional Methdology
The course follows a blended learning approach combining theory with practice:
• Strategy Briefings – PMI-RMP® exam outline, domain focus areas
• Case Studies – Real project risk events and management responses
• Workshops – Risk registers, assessment matrices, response planning
• Peer Exchange – Role plays and group discussion on risk scenarios
• Tools – Exam simulations, practice questions, flashcards, templates
Course Outline
Training Hours: 7:30 AM – 3:30 PM
Daily Format: 3–4 Learning Modules | Coffee breaks: 09:30 & 11:15 | Lunch Buffet: 01:00 – 02:00
Day 1: Introduction to Risk Management and PMI-RMP® Exam Overview
Module 1: Understanding Risk and Uncertainty in Projects (07:30 – 09:30)
• Definitions, risk vs. issue, project risk lifecycle
Module 2: Overview of PMI-RMP® Domains and Exam Content (09:45 – 11:15)
• Performance domains, weightage, application process
Module 3: Risk Management Planning (11:30 – 01:00)
• Risk management plan components, tools, and templates
Module 4: Workshop – Create a Risk Management Plan (02:00 – 03:30)
• Apply PMI structure to sample project scenario
Day 2: Risk Identification and Qualitative Analysis
Module 5: Tools for Risk Identification (07:30 – 09:30)
• Interviews, checklists, SWOT, assumptions analysis
Module 6: Creating and Managing Risk Registers (09:45 – 11:15)
• Documenting risk events, triggers, owners, and categories
Module 7: Qualitative Risk Assessment Techniques (11:30 – 01:00)
• Probability and impact matrix, urgency and proximity
Module 8: Workshop – Populate and Prioritize a Risk Register (02:00 – 03:30)
• Scoring, ranking, and categorizing project risks
Day 3: Quantitative Risk Analysis
Module 9: Quantitative Techniques Overview (07:30 – 09:30)
• Decision trees, EMV, sensitivity analysis
Module 10: Monte Carlo Simulations and Risk Modelling (09:45 – 11:15)
• Inputs, interpretation, and impact on decision-making
Module 11: Tools and Software for Quantitative Analysis (11:30 – 01:00)
• Risk modeling platforms and Excel techniques
Module 12: Workshop – Simulate Risk Scenarios (02:00 – 03:30)
• Build a simple Monte Carlo risk model
Day 4: Risk Response, Monitoring and Communication
Module 13: Designing Risk Response Strategies (07:30 – 09:30)
• Avoidance, mitigation, transfer, acceptance, escalation
Module 14: Implementing Risk Responses (09:45 – 11:15)
• Action plans, ownership, and contingency planning
Module 15: Monitoring and Controlling Risk (11:30 – 01:00)
• Tracking residual risk, audits, reserve analysis
Module 16: Workshop – Build a Risk Response Plan (02:00 – 03:30)
• Assign actions and evaluate effectiveness
Day 5: Exam Preparation and Final Review
Module 17: PMI-RMP® Exam Strategy and Best Practices (07:30 – 09:30)
• Time management, question types, common pitfalls
Module 18: Full-Length Mock Exam (09:45 – 11:15)
• Simulated PMI-RMP® test with review
Module 19: Lessons Learned and Final Tips (11:30 – 01:00)
• Certification next steps, ongoing learning, PMI policies
Module 20: Final Workshop – Personal Study Plan (02:00 – 03:30)
• Tailored exam prep plan and timeline
Certification
Participants will receive a Certificate of Completion in Project Risk Management: Preparation for PMI-RMP®, confirming their readiness to take the PMI-RMP® exam and apply project risk management principles aligned with PMI’s global standards.