Course Overview

This course will help prepare students for the Risk Management Professional exam, first by reviewing project management as a whole and going over the RMP credential, followed by looking at specific areas of project risk such as risk management planning, stakeholder management and communication, risk identification, qualitative and quantitative risk analysis, risk response planning, and finally learning to control those
risks.

Course Introduction 2m

Chapter 01 – Quick PM Review & the RMP Credential 18m
Quick PM Review & the RMP Credential
It’s all about managing six (6) things. It’s simple really…
PMBOK Guide Knowledge Areas
Basic Process Framework
The Process Groups & Knowledge Areas Combined
The PMI-RMP Process
The PMI-RMP Exam

Chapter 02 – Introduction to Project Risk 11m
Introduction to Project Risk
According to the PMBOK Guide
Delicate Balance of Three Items
Types of Risks
Risk Management Processes
Risk Base Model
Model of Uncertainty
Attitudes Toward Risk
At an Organizational Level

Chapter 03 – Risk Management Planning 15m
Plan Risk Management
According to PMBOK Guide
11.1 Plan Risk Management
The Management Plan
Included in the Risk Management Plan
Sample RBS
Also Included
Scales for Impact and Probability
Sample Impact Matrix

Chapter 04 – Stakeholder Management & Communication 11m
Stakeholder Management & Communication
Stakeholder Prioritization
Stakeholder Engagement Classification
Communications Terms
The Communications Management Plan

Chapter 05 – Risk Identification 13m
Risk Identification
11.2 Identify Risks
Useful Information to Begin
What Can You Do?
What Else Can You Do?
Major Result – The Risk Register
Risk Identification (Cont.)

Chapter 06 – Qualitative Risk Analysis 12m
Qualitative Risk Analysis
11.3 Perform Qualitative Risk Analysis
Risk Score for Each Specific Risk
Risk Score for a Specific Risk
Risk Data Quality Assessment

Chapter 07 – Quantitative Risk Analysis 33m
Quantitative Risk Analysis
11.4 Quantitative Risk Analysis
Possible Results
Quantitative vs. Qualitative Risk Analysis
Data Gathering and Representation
Data Modeling and Simulation
Data Modeling – Sensitivity Analysis
Data Modeling – Expected Monetary Value Analysis (EMV)
Expected Monetary Value
Data Modeling – Decision Tree Analysis
Decision Tree Analysis
Risk Register Updates

Chapter 08 – Risk Response Planning 23m
Risk Response Planning
11.5 Plan Risk Responses
Responses
Response Strategies
Risk Reduction Techniques
Risk Register Updates
Resulting Risks

Chapter 09 – Learning to Control Risks 1 5m
Learning to Control Risks
11.6 Control Risks
Additional Purposes
Received During Monitoring and Control
Tools and Techniques
Results
Life of a Risk

Course Closure

Total Duration: 2h 33m