PMI Risk Management Professional (RMP)

Introduction to Project Risk Management Introduction Purpose Of The Practice Standard For Project Risk Management Project Risk Management Definition Role Of Project Risk Management In Project Management Good Risk Management Practice Critical Success Factors For Project Risk Management Exercises Principles and Concepts Introduction Definitions Individual risks and overall project risk Stakeholder risks attitudes Interactive process Communication Responsibility for project risk management Project manager's role for project risk management Exercises Risk Management Processes Project risk management and project management Project risk management processes Purpose and objective of the plan risk management process Critical success factors for the plan risk management process Tools and techniques for the plan risk management process Documenting the results of the plan risk management process Exercises Risk Management Planning Plan Approach to Risk Management Determine Shareholders and risk tolerance Understand Roles and Responsibilities Risk Owner, Project Manager and Team Members Develop Risk and opportunities Management Plan Developing Risk Definition Scales to rate risks

Risk Identification Objective of the identify risk process Top Down Bottom up Identification Critical success factors for the identify risk process Tools and techniques for the identify risk process Document action, research, interviews, and assumptions. review, brainstorming, flowcharting, Ishikawa Diagram, lessons Human Factors in Identification 3 Key Factors Risk Analysis Documenting the results of the identify risk process Qualitative Risk Analysis Objective of the perform qualitative risk analysis Determining True Risk Impact Pre and Post Risk Mitigation Characteristics Critical success factors Tools and techniques Determining Probability and Impact Documenting the results Quantitative Risk Analysis Purpose and objective Access Confidence levels in achieving in Project Objectives Working with Ranges of Outcomes :EMV,3 Point Estimates Running and Using the Monte Carlo Simulation Sensitivity Analysis , Decision Trees ,Utility Documenting the results Risk Response Planning Purpose and Objectives Mitigation Strategies Cost Benefit of Risk mitigation / opportunity promotion Mitigation Plans Risk Monitoring and Controlling Risk Occurrences: Risk Triggers and fallback plans Monitoring Mitigations and fallback plan status Re-Evaluating Existing Risks and Identifying New Ones Tools/Templates Sample Risk Break Down Structure (.doc) How to calculate expected value (.doc) Sample Impact Scale

Sample Risk Register Difference between Brainstorming and Delphi technique Monte Carlo Analysis report (.doc) Probability Impact Matrix For Threat And Opportunities Schedule Risk Analysis (.doc) Cause and effect diagram (Ishikawa or fishbone diagram) SWOT Analysis Framework Process Flow Chart Risk Identification

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