Preparation for Risk Management Professional (RMP) Certification
Projects & Contracts · 5 Days · Public · Accredited by PMI · From USD 3,900
Overview
The overall aim of this course is to prepare participants for the Risk Management Professional (RMP) certification. Additionally, participants will be able to develop project risk management plans and risk registers. The course also aims at assisting participants in performing qualitative and quantitative assessments for developing appropriate risk responses. In line with the above, participants will devise key performance indicators for monitoring and controlling project risks.
Learning Objectives
Review the RMP exam requirements and application process
Define several risk key terms and develop a solid framework of risk management
Plan risk management and manage the risk register
Identify project risks using different techniques
Evaluate qualitatively the identified project risks
Estimate quantitatively the overall effect of risk on the objectives of the project
Develop effective response actions that are appropriate to the priority of the project risks
Review and control project risks through reassessments and audits
Identify the leadership and communication competencies related to risk management
Who Should Attend
This course is designed for professionals working in projects and contracts, as well as those whose responsibilities require a stronger practical grasp of the subject and its application within their organisation.
Professionals in Project Risk Management
Project managers and engineers
Contracts and commercial professionals
Course Outline
Day 1 — The Project Management Institute (PMI)
Credential overview
Application process
Exam overview
Questions format
Day 2 — Project risk management processes
Steps to generating the risk management plan
Planning meeting and analysis
Risk register contents
Risk register update cycle
Day 3 — Analysis techniques
Seven basic tools of quality
Risk probability and impact assessment
Risk probability and impact matrix
Risk data quality assessment
Day 4 — Probability distributions
Sensitivity analysis
Expected monetary value analysis
Decision tree analysis
Risk response strategies
Day 5 — Risk reassessment
Risk audits
Variance and trend analysis
Earned value management
Reserve analysis
Accreditation
Accredited by PMI. On completion delegates receive an Al-Khobraa certificate of achievement.
Is Preparation for Risk Management Professional (RMP) Certification accredited?
Yes. Preparation for Risk Management Professional (RMP) Certification is accredited by PMI. Delegates who complete the course receive a PMI-accredited certificate issued through Al-Khobraa, a Saudi-registered training provider.
How long is Preparation for Risk Management Professional (RMP) Certification?
Preparation for Risk Management Professional (RMP) Certification runs over 5 days. The exact dates and start city for every confirmed session are listed in the dates section on this page.
How much does Preparation for Risk Management Professional (RMP) Certification cost?
Fees for Preparation for Risk Management Professional (RMP) Certification range from USD 3,900 to USD 4,500 per delegate, depending on the city and dates you choose. Each confirmed session shows its own fee on this page, and in-house delivery for a team is quoted separately. Al-Khobraa is an approved HRDF (Hadaf) provider, so eligible Saudi employers can seek training support.
Where is Preparation for Risk Management Professional (RMP) Certification held, and can I attend online?
Confirmed classroom sessions run in Al-Khobar and Dubai. A live virtual classroom can be arranged on request.
Can Preparation for Risk Management Professional (RMP) Certification be delivered in-house for our team?
Yes. Preparation for Risk Management Professional (RMP) Certification can be delivered in-house at your own premises anywhere in Saudi Arabia or the wider GCC, with the content, dates and language tailored to your team. Contact Al-Khobraa for a quotation.