Risk Management Professional: Prep for the PMI-RMP Exam

The official 30 contact hours Risk Management Professional training that you need for the PMI-RMP exam
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  • Lectures 94
  • Length 13.5 hours
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
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About This Course

Published 4/2016 English

Course Description

This is the formal 30-contact hour training course that you need in order to be eligible for the PMI-RMP exam.

You do not need to take a training course provided by a PMI REP. The PMI will acknowledge training courses that are provided by a professional who is PMI-RMP in good standing.

Although I am not a PMI REP , I am a PMP and PMI-RMP in good standing who has delivered hundreds of training courses. These are my IDs

PMP #: 1201749
PMI-RMP #: 1742572

Please check the PMI Certification Registry. Search for my name as follows

Last Name: Saadeh
Country : Jordan

This training course will give you all the knowledge, skills, tools and techniques that you need in order to manage risks proactively, prepare for and pass the PMI-RMP exam.

Upon completion of this course, participants will be able to:

  • Describe and understand all Project Risk Management processes, as outlined in the PMI® PMBOK® Guide 5th  Edition
  • Gain the necessary information to prepare for the PMI® Risk Management Professional (PMI RMP®) Certification Exam
  • Use internationally-recognized  best practices for managing risks.
  • Avoid common risk management mistakes
  • Describe Risk Management principles and techniques and how they apply to the day-to-day management of projects and operations
  • Learn and use common risk management terminology Be more focused and proactive about preventing problems as opposed to dealing with them as they occur.

What are the requirements?

  • It is preferable to have a good understanding of project management

What am I going to get from this course?

  • Describe and understand all Project Risk Management processes, as outlined in the PMI® PMBOK® Guide 5th Edition
  • Gain the necessary information to prepare for the PMI® Risk Management Professional (PMI-RMP®) Certification Exam
  • Use internationally-recognized best practices for managing risks
  • Avoid common risk management mistakes
  • Describe Risk Management principles and techniques and how they apply to the day-to-day management of projects and operations
  • Be more focused and proactive about preventing problems as opposed to dealing with them as they occur
  • Understand the nature of the PMI-RMP exam
  • Understand the eligibility requirements of the PMI-RMP exam
  • Understand the application process of the PMI-RMP exam and the associated details
  • Prepare for passing the PMI-RMP exam
  • Know where to focus while preparing for the exam and how to avoid some tricks of the exam

What is the target audience?

  • Experienced Project managers
  • Risk Managers
  • Professionals who hold the PMP certificate
  • Anyone who wishes to learn about risks and Risk Management
  • Anyone who wishes to obtain the PMI-RMP certificate

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

Section 1: Introduction
10:04

Welcome to this training course.


This training course is the official training that you need in order to be eligible for the PMI-RMP (Risk Management Professional) certification exam.


In addition to that, this training course will teach you everything that you need in order to effectively manage risks on your projects and take control of them instead of being under their mercy!


Upon completing this training course, you will be able to:

  • Describe and understand all Project Risk Management processes, as outlined in the PMI® PMBOK® Guide 5th Edition
  • Gain the necessary information to prepare for the PMI® Risk Management Professional (PMI-RMP®) Certification Exam
  • Use internationally-recognized best practices for managing risks
  • Avoid common risk management mistakes
  • Describe Risk Management principles and techniques and how they apply to the day-to-day management of projects and operations
  • Be more focused and proactive about preventing problems as opposed to dealing with them as they occur
  • Understand the nature of the PMI-RMP exam
  • Understand the eligibility requirements of the PMI-RMP exam
  • Understand the application process of the PMI-RMP exam and the associated details
  • Prepare for passing the PMI-RMP exam
  • Know where to focus while preparing for the exam and how to avoid some tricks of the exam
02:01

Fahad Saadah is a professional with more than 23 years of real-life experience in project management and related areas. He is passionate about the field of risk management since risks impact, and are impacted by, everything.

Fahad Saadah lived and worked in many countries and was exposed to many cultures which enriched his knowledge and experience.

Fahad Saadah is a certified PMP and PMI-RMP professional who delivered hundreds of training courses and lectures that changed the lives of countless of people.

Highlights of the instructor:

  • Has more than 23 years experience
  • Lived in many countries and was exposed to different Cultures (KSA, Jordan, Australia, Singapore, Turkey, Malaysia) 
  • Served many different Sectors (Government, Private, NGO) 
  • Worked in a wide Spectrum of Industries such as Insurance, Banking, Healthcare and Geospatial (GIS) 
  • Worked on various project sizes ranging from small to mega projects 
  • Delivered services in PMO Setup, Training, Consulting, Project Management
05:13

This training course consists of:

  • Videos
  • Exercises and Quizzes 
  • Sample Exam Questions 
  • Tips for the PMI-RMP® exam

The training course is divided into section with each section covering a specific topic. Each section is divided into:

  • Video lectures
  • Quizes - sample exam questions (where possible)
  • Video - sample exam questions (where possible)
  • Quiz - Review of the section
  • Exercise  (where possible)
03:16

This lecture gives a brief about the following:

  • Project Management Institute (PMI) 
  • PMP accreditation
  • PMI-RMP accreditation

The exam nature and details are discussed in a separate section at the end of the training course

Section 2: Project Management Basics
14:17

This lecture explains the following:

  • The definition of Project and Project Management
  • What project management and risk management are based on
  • PMO types
17:43

This lecture discusses the following:

  • Types of organizations 
  • Influence of organization types on projects
  • Relationship between organization types and risks
1 question

This is a sample PMI-RMP exam question

05:40

Sample PMI-RMP exam question

4 questions

Review of some basic concepts in Project Management

16:55

In this lecture, we will discuss some of the basic building blocks that are necessary to lay a solid foundation for good risk management

  • Organizational Governance
  • Project Governance
  • Risk Governance
  • Risk Roles and Responsibilities
  • Risk Management Metrics
09:38

In this lecture, we will discuss some of the basic building blocks that are necessary to lay a solid foundation for good risk management

  • Lessons Learned
  • Cost of Change Over Time
  • Risk Levels Over Time
14:00
This lecture is dedicated to Procurement. We will learn:
  • The different types of contracts 
  • Their characteristics
  • When they are used 
  • How they are related to Risk Management.
2 questions

This is a sample PMI-RMP exam question

05:10

Sample PMI-RMP exam question

05:29

Sample PMI-RMP exam question

12:36

In this lecture, we will discuss:

  • The PMI Framework
  • The concept of PDCA
  • The 5 Project Process Groups
  • The 10 Knowledge Areas 
  • Their intersection
08:46

In this lecture, we will learn about:

  • Structure of the Project Management processes
  • Inputs
  • Tools and Techniques
  • Outputs 
  • Recurring ITTOs
  • Enterprise Environmental Factors (EEF)
  • Organizational Process Assets (OPA)
Section 3: Risk Management Basics
12:26

This lecture covers the following:

  • The definition of Risk
  • Causes of risks
  • Risks vs Issues
  • The meaning of Risk Management
  • Risk Types
13:19

This lecture covers the following:

  • Risk Terminology
  • Risk Definitions
  • Risk Attitudes
  • Uncertainty Levels
1 question

PMI-RMP sample exam question

04:13

Sample PMI-RMP exam question

17:58

In this lecture, we will explain:

  • The Risk Management Cycle
  • The Outcomes of Each Process
  • Who Should Be Involved in Each Process
6 questions

Review of Risk Management Basic Knowledge and Concepts

Section 4: 11.1 Plan Risk Management
03:36

Plan Risk Management  

The First process in the Risk Management cycle. We will have a closer look at:

  • What the process is
  • Who should be involved in it
  • Inputs
  • Tools and Techniques
  • Outputs
07:52

Plan Risk Management  

The First process in the Risk Management cycle. We will have a closer look at

  • Inputs
  • Tools and Techniques


06:19

Plan Risk Management  

The First process in the Risk Management cycle. We will have a closer look at:

  • Outputs
  • Contents of the Risk Management Plan (RMP)
  • Risk Breakdown Structure
  • Risk Categorization
08:00

Plan Risk Management  

The First process in the Risk Management cycle. We will have a closer look at:

  • Outputs
  • Contents of the Risk Management Plan (RMP)
  • Risk Impact Scales
  • Success criteria based on which the Risk Management Process will be assessed
09:28

Plan Risk Management  

The First process in the Risk Management cycle. We will have a closer look at:

  • Recommended Steps for Plan Risk Management


1 question

Sample PMI-RMP exam question

06:08

Sample PMI-RMP exam question

Section 5: 11.2 Identify Risks
05:49

Identify Risks 

The Second process in the Risk Management cycle. We will cover the following:

  • What the process is
  • Who should be involved in it
  • Inputs
  • Tools and Techniques
  • Outputs
11:41

Identify Risks 

The Second process in the Risk Management cycle. We will cover the following:

  • Inputs in details
  • Scope Statement
  • WBS
  • Stakeholder Register
  • Time Estimates
  • Cost Estimates
07:37

Identify Risks 

The Second process in the Risk Management cycle. We will cover the following:

  • Inputs in details
  • Project Charter
  • Network Diagram
11:15

Identify Risks 

The Second process in the Risk Management cycle. We will cover the following:

Inputs in details

  • Procurement Documents
  • Communication Management Plan
07:30

Identify Risks 

The Second process in the Risk Management cycle. We will cover the following:

Inputs in details

  • Enterprise Environmental Factors
  • Organizational Process Assets
1 question

Sample PMI-RMP exam questions

04:19

Sample PMI-RMP exam question

05:32

Identify Risks 

The Second process in the Risk Management cycle. We will cover the following:

Tools and Techniques in details

  • Documentation Reviews 
  • Information Gathering
10:41

Identify Risks 

The Second process in the Risk Management cycle. We will cover the following:

Tools and Techniques in details

  • Brainstorming
  • Its advantages and disadvantages
  • How to conduct Brainstorming
  • Tips for Brainstorming
08:12

Identify Risks 

The Second process in the Risk Management cycle. We will cover the following:

Tools and Techniques in details

  • Interviewing 
  • How to conduct Interviewing 
  • Tips for Interviewing
02:19

Identify Risks 

The Second process in the Risk Management cycle. We will cover the following:

Tools and Techniques in details

  • Checklists Analysis 
  • Assumptions Analysis 
  • Diagramming Techniques
09:27

Identify Risks 

The Second process in the Risk Management cycle. We will cover the following:

Tools and Techniques in details

  • Diagramming Techniques
  • Flaw Charts
  • Influence Diagram
05:49

Identify Risks 

The Second process in the Risk Management cycle. We will cover the following:

Tools and Techniques in details

  • Diagramming Techniques
  • The Ishikawa Diagram
07:31

Identify Risks 

The Second process in the Risk Management cycle. We will cover the following:

Tools and Techniques in details

  • Diagramming Techniques
  • Affinity Diagrams
  • SWOT Analysis
12:04

Identify Risks 

The Second process in the Risk Management cycle. We will cover the following:

  • Outputs in details
  • The Risk Register
1 question

Sample PMI-RMP exam question

06:50

Sample PMI-RMP exam question

5 questions

A review for the Identify Risks process

Article

Exercise Number 1

In this exercise, you are given certain situations for which you need to identify risks.

The output of this exercise is an initial Risk Register.

Please download the attached Risk Register template

Section 6: 11.3 Perform Qualitative Risk Analysis
08:26

Perform Qualitative Risk Analysis 

The Third process in the Risk Management cycle. We will cover the following:

What the process is

  • Who should be involved in it
  • Inputs
  • Tools and Techniques
  • Outputs
10:28

Perform Qualitative Risk Analysis 

The Third process in the Risk Management cycle. We will cover the following:

Inputs in details

  • Scope Baseline 
  • Risk Register 
  • Enterprise Environmental Factors 
  • Organizational Process Assets
15:34

Perform Qualitative Risk Analysis 

The Third process in the Risk Management cycle. We will cover the following:

Tools and Techniques in details

  • Risk Probability and Impact Assessment 
  • Probability and Impact Matrix 
  • Risk Data Quality Assessment
  • Risk Categorization
  • Risk Urgency Assessment
06:18

Perform Qualitative Risk Analysis 

The Third process in the Risk Management cycle. We will cover the following:

Outputs in details

  • Risk Register
  • Assumptions Log
1 question

Sample PMI-RMP exam question

05:56

Sample PMI-RMP exam question

1 question

Sample PMI-RMP exam question

05:28

Sample PMI-RMP exam question

5 questions

Review questions for the Perform Qualitative Risk Analysis process

Section 7: 11.4 Perform Quantitative Risk Analysis
08:55

Perform Quantitative Risk Analysis 

The Fourth process in the Risk Management cycle. We will cover the following:

What the process is

  • Who should be involved in it
  • Inputs
  • Tools and Techniques
  • Outputs
08:42

Perform Quantitative Risk Analysis 

The Fourth process in the Risk Management cycle. We will cover the following:

Tools and Techniques in details

  • Three-Point Estimating
  • Data Gathering and Representation Techniques
  • Interviewing
  • Probability Distributions
05:42

Perform Quantitative Risk Analysis 

The Fourth process in the Risk Management cycle. We will cover the following:

Tools and Techniques in details

  • Quantitative Risk Analysis and Modeling Technique
  • Sensitivity Analysis
  • Tornado Diagram
04:27

Perform Quantitative Risk Analysis 

The Fourth process in the Risk Management cycle. We will cover the following:

Tools and Techniques in details

Quantitative Risk Analysis and Modeling Techniques

  • Fault Tree Analysis (FTA)
  • Other Quantitative Risk Analysis Techniques
13:24

Perform Quantitative Risk Analysis 

The Fourth process in the Risk Management cycle. We will cover the following:

Tools and Techniques in details

Quantitative Risk Analysis and Modeling Technique

  • Expected Monetary Value (EMV) Analysis
  • Decision Trees
11:58

Perform Quantitative Risk Analysis 

The Fourth process in the Risk Management cycle. We will cover the following:

Tools and Techniques in details

Quantitative Risk Analysis and Modeling Technique

  • Modeling and Simulation
  • Monte Carlo Simulation
  • Predicting Project Finish Dates
  • Predicting Project Finish Cost
04:36

Perform Quantitative Risk Analysis 

The Fourth process in the Risk Management cycle. We will cover the following:

Tools and Techniques in details

Advanced Quantitative Risk Analysis Tools

  • Bowtie Analysis
  • Integrated Cost-Schedule Analysis
  • Latin Hypercube simulation
  • System Dynamics
  • Analytical Hierarchy Process 
  • Multi-factor Regression Analysis
07:36

Perform Quantitative Risk Analysis 

The Fourth process in the Risk Management cycle. We will cover the following:

Outputs in details

  • Project Document Updates
  • Updating the Risk Register
1 question

Sample PMI-RMP exam questions

05:11

Samples PMI-RMP exam question

1 question

Sample PMI-RMP exam questions

06:12

Samples PMI-RMP exam question

09:37

Samples PMI-RMP exam question

20:45

Decision Trees are a very important tool in project management and strategic planning.

In this lecture, we will have a look at an exercise that employs this powerful tool to help us make a decision.

6 questions

Review for the Perform Quantitative Risk Analysis process

Article

Exercise Number 2

In this exercise, you will continue what you started in the previous exercise.

In this exercise, you need to fill the following columns

  • P  (Probability of Occurrence)
  • I  (Impact)
Section 8: 11.5 Plan Risk Responses
15:11

Plan Risk Responses

The Fifth process in the Risk Management cycle. We will cover the following:

What the process is

  • Who should be involved in it
  • Inputs
  • Tools and Techniques
  • Outputs
  • Tips for Risk Responses
  • Contingency Plan vs Fallback Plan
  • Things to Consider when planning Risk Responses
01:59

Plan Risk Responses

The Fifth process in the Risk Management cycle. We will cover the following:

Inputs in details

  • Risk Management Plan
  • Risk Register
18:39

Plan Risk Responses

The Fifth process in the Risk Management cycle. We will cover the following:

Tools and Techniques in details

  • Strategies for negative risks or Threats
  • Strategies for positive risks or Opportunities
  • Contingent response strategies
03:30

Plan Risk Responses

The Fifth process in the Risk Management cycle. We will cover the following:

Outputs in details

  • Project Management Plan Updates
  • Project Document Updates
1 question

Sample PMI-RMP exam questions

03:54

Sample PMI-RMP exam question

1 question

Sample PMI-RMP exam questions

02:22

Sample PMI-RMP exam question

18:26

The Risk Register is one of the most important documents for any project.

When built properly, the Risk Register will be a valuable and comprehensive document which is full of information about all project risks and will greatly help the project risk management team to control project risks.

In this lecture, we will see a detailed version of the Risk Register and explain how to use it. This long version of the risk register has a column to calculate the EMV for risks

4 questions

Review of the Plan Risk Responses process

Article

Exercise Number 3

In this exercise, you will continue what you did in the previous exercise by putting plans to deal with risks

In this exercise, you need plan risk responses. You need to fill the following columns

  • Response Strategy  (Avoid, Transfer, Mitigate or Accept)
  • Response Plan Details (remember: these are specific action to be executed before the risk happens)
Section 9: 11.6 Control Risks
11:30

Control Risks

The Sixth process in the Risk Management cycle. We will cover the following:

  • About the Monitoring and Controlling Process Group
  • What the process "Control Risks" is
  • Who should be involved in it
10:33

Control Risks

The Sixth process in the Risk Management cycle. We will cover the following:

  • Risk Types
  • Assumption Evaluation
  • Contingency Reserves
1 question

Sample PMI-RMP exam questions

05:21

Sample PMI-RMP exam question

11:18

Control Risks

The Sixth process in the Risk Management cycle. We will cover the following:

  • Inputs
  • Tools and Techniques
  • Outputs
  • The Risk Reassessment Process
  • Risk Audits
  • Reserve Analysis
1 question

Sample PMI-RMP exam questions

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Instructor Biography

Fahad Saadah is an experienced professional with over 23 years of experience in IT and Project Management spanning a variety of sectors such as Information Technology, Telecom, Healthcare, Government and NGOs

Fahad possesses a passion for training and knowledge transfer that gives him an edge in the ability to communicate with different levels of people and backgrounds and deliver the information in a clear and simple way. Fahad’s rich practical experience allows him to formulate the knowledge in a way that helps the audience relate it to real-life situations and comprehend it better.
Throughout his career, Fahad was also exposed to different cultures, attitudes, mindsets and levels of education. This exposure sharpened his skills in communication and delivery of information.
Throughout his career, Fahad participated creating project life cycles, and designing and customizing project management methodologies to suit organization’s needs, setting up project management offices, managing and providing training to a number of diversified levels of human resources, setting and implementing processes and process improvement, revising and assessing performance to identify areas of deficiencies, as well as defining strategies in dealing and overcoming challenges.

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