New Risk Management Certification Program(Pmi-Rmp)(Updated)

The Complete Risk Management Course. Easy way to achieve your PMI-RMP certificate and build efficient risk management.

What you'll learn
Define what is project risk
Identify the risk factors needed to reduce uncertainty
Define inputs to planning risk management
Identify sections you must include in a risk management plan
Risk ratings in ordinal and numerical scale
Identify the inputs to the Identify Risks process
Identify guidelines for conducting a brainstorming session to identify project risks
Types of causes of project risk with examples
Important points that would be needed during an assumption and constraint analysis
Identify the outputs of the Identify Risks process
Recognize the inputs you use to perform qualitative risk analysis
Prioritize risks based on given probability and impact ratings
Define the inputs to the Perform Quantitative Risk Analysis process
Explain the expected monetary value of a risk with example
Identify the sections of the risk report you typically update as a result of the Perform Quantitative Risk Analysis process
Identify the inputs to the Plan Risk Responses process
Recognize examples of using contingent response strategy
Understand the purpose of the Implement Risk Responses process
Understand the importance of project audits
Recognize appropriate risk response strategies(negative and positive)
Demonstrate your understanding of the Plan Risk Responses, Implement Risk Responses, and Monitor Risk processes
See examples of project risk
Examples of common risk responses
Identify the tools and techniques used for the Plan Risk Management process
Match elements of the risk management plan with examples
Demonstrate your understanding of the Plan Risk Management process
Identify activities that should be part of a document analysis to identify project risks
Recognize when interviewing is a good method for gathering risk information
Categorize items that would be used to perform a SWOT analysis
Demonstrate your understanding of the Identify Risks project management process
Identify the tools and techniques you can use for the Perform Qualitative Risk Analysis process
Recognize project documents that may need to be updated as a result of qualitative risk analysis
Recognize examples of information you should gather about risks during an interview
Identify the purpose of sensitivity analysis with example
Describe how to interpret a cost risk simulation graph(Monte Carlo Analysis)
Demonstrate your understanding of how to perform qualitative and quantitative risk analysis for your project
Identify strategies for responding to negative risks
Recognize the outputs of the Plan Risk Responses process
Identify the inputs to the Monitor Risks process
Distinguish between technical performance analysis and reserve analysis measurement criteria
Recognize the outputs of the Monitor Risks process
Differences between Secondary and Residual Risk
How to pass RMP exam in a short study period
Requirements
Good to have general Project Management knowledge and skills, but not required.
Description
Welcome to the Risk Management Program (PMI-RMP). The Program is aligned with the new PMI-RMP exam format and includes knowledge about Overall Risk Management, Plan Risk Management, Identify Risk, Analyze Risk, Respond to Risk, and Monitor the Risk.In the Plan Risk Management section of this program in the project risk management knowledge area we're going to learn how to plan risks on a project to make sure that when negative and positive things might happen, we're ready for them.The Identifying Risk covers the inputs that you must look at in order to identify risks. And how to use several tools and techniques, such as Root Cause Analysis, SWOT Analysis, Assumption, and Constraint Analysis, to help you develop an effective risk register.In Analyzing Risk, we'll cover the two risk analysis processes of the project risk management knowledge area, they are performing qualitative risk analysis and perform quantitative risk analysis(Monte Carlo Simulation) We will dive into this analysis and see the examples in real project management.The Responding to Risk covers the two processes in the project risk management knowledge area. Plan risk responses and implement risk responses. You'll learn common risk response strategies for negative and positive risks,Finally, Monitor Risk covers the monitoring and controlling of the identified risks and implementing agreed-upon responses. You'll learn how to ensure that your system works well and minimizes threats and enhances opportunities.All of these will give you the necessary knowledge for gaining PMI certification and credential maintenance if you already are a certified PMI Risk Management Professional or Project Management Professional.This course has been created for project managers, project engineers, planning and cost engineers, students, and above all who are willing to learn risk management techniques and apply them to the projects.Then what are we waiting for, let's get started. Take this course and let's get the job done. I have a surprise for you at the end of the course. I am here for you, ask your questions during your preparation and I will be replying in a short response period.Don't forget action always speaks louder than words :)

Overview

Section 1: Introduction

Lecture 1 Introduction of the Risk Management course

Section 2: Overall Risk Management

Lecture 2 Introduction to Overall Risk Management Part

Lecture 3 Main Concept and Processes

Lecture 4 Why the Risk Management is so important?

Lecture 5 What is Risk?

Lecture 6 Type of Risks

Lecture 7 Risk Tolerance, Risk Appetite, Risk Threshold

Lecture 8 Iterative Risk, Trends and Emerging Practices

Lecture 9 Emergent Risks

Lecture 10 Project Resilience

Lecture 11 Integrated Risk Management

Lecture 12 Tailoring Considerations

Lecture 13 Agile and Adaptive Environments

Lecture 14 Importance of Risk Management

Lecture 15 Important Points of Overall Risk Management

Section 3: Plan Risk Management

Lecture 16 Introduction-Plan Risk Management

Lecture 17 Main Concept of Plan Risk Management

Lecture 18 Inputs of the Plan Risk Management

Lecture 19 Inputs - Project Management Plan

Lecture 20 Inputs - Project Documents, EEFs and OPAs

Lecture 21 Tools and Techniques of Plan Risk Management

Lecture 22 Outputs and Know What's in the Plan

Lecture 23 Risk Breakdown Structure

Lecture 24 Define Probability and Impact Matrix

Lecture 25 Important Points of Plan Risk Management

Section 4: Identify Risks

Lecture 26 Introduction to Identify Risks

Lecture 27 Main Concept of Identify Risks

Lecture 28 Inputs1 - Identify Risks

Lecture 29 Inputs2 - Identify Risks

Lecture 30 Tools and Techniques - Identify Risks

Lecture 31 Data Analysis Techniques

Lecture 32 Root Cause Analysis

Lecture 33 Assumptions and Constraints Analysis

Lecture 34 SWOT Analysis

Lecture 35 Documents Analysis and More Techniques

Lecture 36 Risk Categories (PESTLE, VUCA, TECOP)

Lecture 37 Outputs - Risk Register

Lecture 38 Outputs - Risk Statements

Lecture 39 Outputs - Risk Reports

Lecture 40 Important Points of Identify Risk Process

Section 5: Perform Qualitative Risk Analysis

Lecture 41 Introduction to Perform Qualitative Risk Analysis

Lecture 42 Main Concept of Perform Qualitative Risk Analysis

Lecture 43 How do you Perform Qualitative Risk Analysis?

Lecture 44 Inputs of Qualitative Risk Analysis

Lecture 45 Tools and Techniques of Qualitative Risk Analysis

Lecture 46 Probability and Impact Matrix

Lecture 47 More Tools and Techniques of Perform Qualitative Risk Analysis

Lecture 48 Data Representation and Risk Score

Lecture 49 Bubble Charts and Risk Meetings

Lecture 50 Outputs of Perform Qualitative Risk Analysis

Lecture 51 Important Points of Qualitative Risk Analysis

Section 6: Perform Quantitative Risk Analysis

Lecture 52 Introduction to Perform Quantitative Risk Analysis

Lecture 53 Main Concept of Quantitative Risk Analysis

Lecture 54 Inputs of Perform Quantitative Risk Analysis

Lecture 55 More Inputs of Perform Quantitative Risk Analysis

Lecture 56 Tools and Techniques of Perform Quantitative Risk Analysis

Lecture 57 Data Gathering Techniques

Lecture 58 Representation of Uncertainty

Lecture 59 Data Analysis Overview

Lecture 60 Simulation - Monte Carlo Analysis

Lecture 61 Sensitivity Analysis - Tornado Diagram

Lecture 62 Decision Tree Analysis - Expected Monetary Value

Lecture 63 Influence Diagrams

Lecture 64 Outputs of Perform Quantitative Risk Analysis

Lecture 65 Important Points of Perform Quantitative Risk Analysis

Section 7: Plan Risk Responses

Lecture 66 Introduction to Plan Risk Responses

Lecture 67 Main Concepts of Plan Risk Responses

Lecture 68 Inputs of Plan Risk Responses - Part 1

Lecture 69 Inputs of Plan Risk Responses - Part 2

Lecture 70 Inputs of Plan Risk Responses - Part 3

Lecture 71 Tools and Techniques of Plan Risk Responses

Lecture 72 Strategies for Negative Risks

Lecture 73 Escalate - Negative Risks

Lecture 74 Avoid - Negative Risks

Lecture 75 Transfer - Negative Risks

Lecture 76 Mitigate - Negative Risks

Lecture 77 Accept - Negative Risks

Lecture 78 Strategies for Opportunities

Lecture 79 Escalate - Positive Risks

Lecture 80 Exploit - Positive Risks

Lecture 81 Share - Positive Risks

Lecture 82 Enhance - Positive Risks

Lecture 83 Accept - Positive Risks

Lecture 84 Contingency

Lecture 85 Strategies for Overall Project Risks

Lecture 86 Data Analysis Techniques

Lecture 87 Outputs of Plan Risk Responses

Lecture 88 Fallback Plan, Secondary Risk and Residual Risk

Lecture 89 Important Points of Plan Risk Responses

Section 8: Implement Risk Responses

Lecture 90 Introduction to Implement Risk Responses

Lecture 91 Main Concept of Implement Risk Responses

Lecture 92 Why the implementation is so important?

Lecture 93 Inputs of Implement Risk Responses

Lecture 94 Tools and Techniques of Implement Risk Responses

Lecture 95 Outputs of Implement Risk Responses

Lecture 96 Important Points of Implement Risk Responses

Section 9: Monitor Risks

Lecture 97 Introduction to Monitor Risks

Lecture 98 Why do we Monitor Risks?

Lecture 99 Inputs of Monitor Risks

Lecture 100 Tools and Techniques of Monitor Risks

Lecture 101 Outputs of Monitor Risks

Lecture 102 Important Points of Monitor Risks

Section 10: Bonus Lecture

Lecture 103 Bonus - Tips for the PMI-RMP exam

Project managers, risk officers, planning engineers, project officers, quantity surveyors and students who are willing to take PMI certification.,This course is also useful for whom are looking to have general information about Risk Management,Note: This course is PMBOK6 aligned, but prepared after the exam change on 01-Apr-22. Therefore it complies with new exam.