Risk Management Professional (PMI-RMP) - Virtual Learning
Risk management is an integral part of project management. Risks should be identified and managed proactively in projects before they become issues leading to delays, cost overruns or functionality issues. Risks are also present on the program level and portfolio level, unmanaged risks on program level may lead to uncoordinated management of shared resources and issues leading to compromising the benefits delivery expected from the group of projects, while unmanaged risks on portfolio level may lead to missing the alignment with strategic objectives.
This Risk Management Professional (PMI-RMP) training course will provide the concepts, models, methods, and artifacts used to manage risks from creating a risk management strategy to risk closure.
This Risk Management Professional training course will highlight:
Risk Strategy and Planning
Risk Identification
Risk Analysis
Risk Response Planning and Implementation
Risk Monitoring and Closure
Relation between project risk and Enterprise Risk Management (ERM)
5 Days
1620 Sessions
Starting from USD 2,000
Available Face to Face
Course Methodology
This risk management training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes:
- Training provided via an interactive traditional class-room format
- Facilitation by tackling issues faced by participants in managing their project risks
- Use of practical local and international case studies to reinforce learning
Course Objectives
At the end of this Risk Management Professional training course, you will learn to:
- Understand and elaborates upon the core concepts and fundamentals of risk management
- Describes the risk management relations within portfolio, program, and project environments, and ultimately with the Enterprise Risk Management (ERM)
- Define and apply the risk management life cycle and related processes
- Apply risk management concepts, techniques, tools, processes, and good practices while executing a portfolio, program, or project management plan.
- Get prepared for the PMI-Risk Management Professional Certification (PMI-RMP)
Target Audience
This Risk Management Professional training course is intended for a wide-range of professionals starting from senior managers considering risk management in selecting and authorizing project up to the project teams in the trenches using risk management in planning and executing projects different industries covering ICT projects, business transformation projects, construction and Oil and Gas, projects, including but not limited to:
- Senior managers and portfolio governance board members
- Program managers, their teams
- Project managers, their teams
- PMO directors and staff
- Functional managers in engineering, finance and procurement
- Contract specialists, contract engineers, planners and cost estimators
Target Competencies
Organisational Impact
By attending this risk management training course, your organization will benefit from:
- Reducing the organization’s exposure to risks and its impacts and exploiting the opportunities by applying international best practices
- Deliver the target benefits and objectives of your projects, programs and portfolio
- Customizing the organizations risk management strategy and risk management methodology according to your needs
- Effectively handling the escalated risks from project level to program level or to the organization level based on risk scope and the degree of authority
- Saving precious executive time used in handling risks and missed opportunities
Personal Impact
By attending this risk management training course, delegates will benefit from:
- Increasing your awareness of negative risks and opportunities
- Understanding your roles in risk management planning and executing it as part of the project management plan
- Understanding and applying various risk response strategies such as avoidance, mitigation, transfer, acceptance and escalation
- Professionalism in drafting contract conditions to mitigate risks and reduce claims
- Building a career in risk management by getting an international certificate
Course Outline
Day 1
The Foundation and Strategies for Risk Management
- Training course objectives and introduction
- Definitions: uncertainty, risk, and risk attitude, appetite and Threshold
- Risk management in organizations, portfolio, program and project levels
- Assessing overall business environment and its impact on risks
- Establish risk management strategy and documenting the risk management plan
- Workshop: Sample risk management plan
- How to prepare and apply for the PMI-RMP certification exam
Day 2
Risk Identification in Collaboration with Stakeholders
- Communicate and engage stakeholders in risk management
- Identify stakeholder risk attitude, appetite, and threshold
- Identify risks using workshops, focus groups, Delphi and other exercises
- Review documents and examine assumptions and constraints
- Develop risk register, and assign responsibilities
- Workshop: Risk register for the case study project
Day 3
Estimate the Risk Impact on Schedule and Cost
- Create the Work Breakdown Structure (WBS)
- Define activities and their logical sequence
- Develop project schedule and CPM Analysis
- Estimate costs: cost types and estimate techniques
- Create the integrated performance measurement baseline
- Overview of the Earned Value Management (EVM)
- Workshop: CPM and EVM workshop
Day 4
Risk Analysis and Risk Response Planning
- Perform risk classification based on the risk category
- Qualify and prioritize risks based on probability and impact matrix
- Perform quantitative risk analysis
- Assess overall threats and opportunities and their impact on project objectives
- Workshop: Update risk register after qualitative analysis
- Workshop: Risk simulation using Monte Carlo technique
- Select the appropriate risk responses for threats and opportunities
Day 5
Monitor and Close Risks
- Create and implement Risk Action Plans (RAPs)
- Risk response quiz
- Monitor response implementation
- Manage residual and secondary risks
- Audit and report overall project risk levels
- Overall review and Q/A session
- Training Course Closure
2026 Schedule & Fees
Course Fees Starting From
USD
2,000
| Date | City | Language | Price | Action |
|---|---|---|---|---|
| 28 Jun - 02 Jul, 2026 | Online | English | USD 2,000 | Book |
| 28 Jun - 02 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 05 Jul - 09 Jul, 2026 | Online | English | USD 2,000 | Book |
| 05 Jul - 09 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 12 Jul - 16 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 12 Jul - 16 Jul, 2026 | Online | English | USD 2,000 | Book |
| 19 Jul - 23 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 19 Jul - 23 Jul, 2026 | Online | English | USD 2,000 | Book |
| 26 Jul - 30 Jul, 2026 | Online | English | USD 2,000 | Book |
| 26 Jul - 30 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 02 Aug - 06 Aug, 2026 | Online | English | USD 2,000 | Book |
| 02 Aug - 06 Aug, 2026 | Online | Arabic | USD 2,000 | Book |
| 09 Aug - 13 Aug, 2026 | Online | Arabic | USD 2,000 | Book |
| 09 Aug - 13 Aug, 2026 | Online | English | USD 2,000 | Book |
| 16 Aug - 20 Aug, 2026 | Online | Arabic | USD 2,000 | Book |
| 16 Aug - 20 Aug, 2026 | Online | English | USD 2,000 | Book |
| 23 Aug - 27 Aug, 2026 | Online | Arabic | USD 2,000 | Book |
| 23 Aug - 27 Aug, 2026 | Online | English | USD 2,000 | Book |
| 30 Aug - 03 Sep, 2026 | Online | Arabic | USD 2,000 | Book |
| 30 Aug - 03 Sep, 2026 | Online | English | USD 2,000 | Book |
| 06 Sep - 10 Sep, 2026 | Online | Arabic | USD 2,000 | Book |
| 06 Sep - 10 Sep, 2026 | Online | English | USD 2,000 | Book |
| 13 Sep - 17 Sep, 2026 | Online | Arabic | USD 2,000 | Book |
| 13 Sep - 17 Sep, 2026 | Online | English | USD 2,000 | Book |
| 20 Sep - 24 Sep, 2026 | Online | English | USD 2,000 | Book |
| 20 Sep - 24 Sep, 2026 | Online | Arabic | USD 2,000 | Book |
| 27 Sep - 01 Oct, 2026 | Online | English | USD 2,000 | Book |
| 27 Sep - 01 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 04 Oct - 08 Oct, 2026 | Online | English | USD 2,000 | Book |
| 04 Oct - 08 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 11 Oct - 15 Oct, 2026 | Online | English | USD 2,000 | Book |
| 11 Oct - 15 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 18 Oct - 22 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 18 Oct - 22 Oct, 2026 | Online | English | USD 2,000 | Book |
| 25 Oct - 29 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 25 Oct - 29 Oct, 2026 | Online | English | USD 2,000 | Book |
| 01 Nov - 05 Nov, 2026 | Online | Arabic | USD 2,000 | Book |
| 01 Nov - 05 Nov, 2026 | Online | English | USD 2,000 | Book |
| 08 Nov - 12 Nov, 2026 | Online | Arabic | USD 2,000 | Book |
| 08 Nov - 12 Nov, 2026 | Online | English | USD 2,000 | Book |
| 15 Nov - 19 Nov, 2026 | Online | Arabic | USD 2,000 | Book |
| 15 Nov - 19 Nov, 2026 | Online | English | USD 2,000 | Book |
| 22 Nov - 26 Nov, 2026 | Online | Arabic | USD 2,000 | Book |
| 22 Nov - 26 Nov, 2026 | Online | English | USD 2,000 | Book |
| 29 Nov - 03 Dec, 2026 | Online | English | USD 2,000 | Book |
| 29 Nov - 03 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
| 06 Dec - 10 Dec, 2026 | Online | English | USD 2,000 | Book |
| 06 Dec - 10 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
| 13 Dec - 17 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
| 13 Dec - 17 Dec, 2026 | Online | English | USD 2,000 | Book |
| 20 Dec - 24 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
| 20 Dec - 24 Dec, 2026 | Online | English | USD 2,000 | Book |
| 27 Dec - 31 Dec, 2026 | Online | English | USD 2,000 | Book |
| 27 Dec - 31 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
Face to Face Courses
Face to Face
Risk Management Professional (PMI-RMP)
5 Days
1566 Sessions
Corporate Governance Compliance Risk Management
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