NEVADA | PROFESSIONAL EXPERIENCE

Program Professional Framework

Project Risk Management: Preparation for Risk Management Professional (PMI-RMP)

Program Overview

This course prepares experienced project practitioners for the PMI-RMP examination while strengthening their day-to-day practice of project risk management. It follows the domains of the current PMI-RMP examination content outline: risk strategy and planning, risk identification, risk analysis, risk response, and monitoring and closing risks. It also draws on The Standard for Risk Management in Portfolios, Programs, and Projects. Participants work through scenario questions, quantitative exercises such as expected monetary value and decision trees, and timed practice tests, with examples drawn from Gulf construction and energy projects.

Learning Outcomes

✓Explain the structure and domains of the PMI-RMP examination content outline and plan a study schedule.
✓Develop a risk management strategy and plan aligned with organisational risk appetite and project context.
✓Apply identification techniques such as prompt lists, assumption analysis and root-cause analysis to scenario questions.
✓Calculate expected monetary value, decision tree outcomes and contingency reserves accurately.
✓Select appropriate threat and opportunity responses and define risk owners and triggers.
✓Achieve a target score on a full-length timed practice exam and review weak areas.

Target Audience

Project managers specialising in risk
Project risk analysts and risk coordinators
Project controls and planning engineers
PMO staff responsible for risk processes

Detailed Program Modules

01Exam Orientation and Risk Foundations

PMI-RMP examination content outline and question styles
Risk concepts across portfolios, programs and projects
Study plan and exam strategy

02Risk Strategy and Planning

Assessing risk environment and appetite
Risk management plan components
Stakeholder risk attitudes and thresholds

03Risk Identification

Prompt lists, checklists and workshops
Assumption and constraint analysis
Writing risk statements and the risk register

04Risk Analysis

Qualitative probability and impact assessment
Quantitative techniques: EMV, decision trees and simulation
Interpreting S-curves and tornado charts

05Risk Response

Threat and opportunity strategies
Contingency and fallback plans
Secondary and residual risks

06Monitoring, Closing Risks and Exam Practice

Risk audits, reviews and reserve analysis
Closing risks and capturing lessons learned
Timed practice exam and answer review

Training Methodology

Interactive expert-led sessions grounded in workplace examples

Case studies and practical exercises drawn from the region

Group workshops with peer review of decisions and deliverables

Formative feedback against clear performance criteria

Applied Project & Assessment

Applied Project

Participants build a full risk management file for a case project, including plan, register, quantitative analysis and response strategy, and complete a timed practice exam with a personal improvement plan for weak domains.

Assessment

Short diagnostic at the start, practical tasks linked to each learning outcome, and evaluation of the applied project against published criteria.

University Certificate & International Accreditation

Professional Certificate accredited by Alzette University in Project Risk Management: Preparation for Risk Management Professional (PMI-RMP)

International accreditation: International Auditors Group (IAG)