Introduction
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.
Course 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
Target Audience:
Risk managers, project managers, members of project offices, project sponsors, functional managers, senior management, and individuals interested in RMP certification. This course is worth 30 Professional Development Units (PDUs).
Target Competencies:
- Risk reviewing
- Risk planning
- Motivating
- Risk identifying
- Leading
- Risk assessing
- Communicating
Course Outline:
Day (1) PMI-RMP credential overview
- The Project Management Institute (PMI)
- Credential overview
- Application process
- Exam overview
- Questions format
Day (2) Introduction to project risk
- PMBOK guide review
- Defining and classifying risk
- Approach to risk management
- Risk management critical success factors
- Project risk management processes
Planning risk management
- Steps to generating the risk management plan
- Planning meetings and analysis
- Risk register contents
- Risk register update cycle
- Managing the risk register
Day (3) Identifying risks
- Information gathering techniques
- Diagramming techniques
- Analysis techniques
- Seven basic tools of quality
Performing qualitative risk analysis
- Risk probability and impact assessment
- Risk probability and impact matrix
- Risk data quality assessment
- Risk categorization
- Risk urgency assessment
Day (4) Performing quantitative risk analysis
- Interviewing and understanding standard deviation
- Probability distributions
- Sensitivity analysis
- Expected monetary value analysis
- Decision tree analysis
Planning risk responses
- Risk response strategies
- Contingency response strategy
- Types of reserves
- Fallback plan
Day (5) Monitoring and controlling risks
- Risk reassessment
- Risk audits
- Variance and trend analysis
- Earned value management
- Reserve analysis
Risk communication and leadership
- Risk communication process
- General management and Leadership styles
- Motivational and management theories
- Conflict management
About Amsterdam
Amsterdam, capital of the Netherlands, is a popular destination amongst travelers from all around the world. Once just a little fishing village, Amsterdam is now a major international city after having become an important port during the 1600s. Throughout its history, the city has had many famous residents, including artists, philosophers and other historical figures. There is much to discover along Amsterdam's quaint streets and picturesque canals. So much so that a flight to Amsterdam comes with a guarantee of cultural and historical attractions that will provide memories to last a lifetime. Amsterdam is a hotbed of culture for travelers of all ages and tastes.
Things to do and places to visit in Amsterdam
From the moment passengers step off their flight to Amsterdam, they will find it a friendly city with a lively atmosphere. Its flat geography means that it is perfect for exploring by bicycle. If you're feeling less active, it the city is also well-served by public transport. The so-called Venice of the North has something for every visitor. Culture vultures have museums, galleries and theaters to see, Families can visit the zoo or the Science Center NEMO.
When visiting Amsterdam, be sure to:
- See the picture-perfect and colorful houses of the Grachtengordel district.
- See the iconic works of one of Holland's most famous artists at the Van Gogh Museum.
- Visit the house where Anne Frank and her family hid from the Nazis.
- Browse through the extensive collection of fantastic art in the Rijksmusem.
- Wander through the blaze of colors that is the Singel Flower Market.
- See the city at a leisurely pace on a canal cruise.
- Marvel at one of the city's many historic churches.
- Learn about life aboard a ship at the National Maritime Museum.
- Discover the Begijnhof's well-preserved medieval architecture.
- See animals of all kinds, as well as the butterfly pavilion and aquarium, at the Artis Zoo.