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Requirements

The PMI-RMP certification exam is designed for those individuals who hold a position of a Project Manager and concentrate on project risk management such as complex environments and large projects. The potential candidates are also required to have high-level knowledge and expertise in risk management. Moreover, the applicants must fulfill some prerequisites before applying for this test. They should have a secondary degree as well as possess 36 months of working experience in project risk management within the last 5 years, and 40 hours of education in this sphere. On the other hand, those applicants who hold a four-year degree, 24 months of working experience in project risk management within the last 5 years, and 30 hours of education in project risk management are eligible for this exam as well.

Risk Process Facilitation (25-28%)

  • Facilitating the expansion of the related risk actions and aligned risk response strategy by risk owners from the data found during the risk analysis to ensure defined & timely action when needed;
  • Using the scenarios to evaluate the key requirements & dependencies and validate potential risk responses for enhancing the probability of project success.
  • Facilitating the creation of project emergency reserve according to the risk display of the project to have the resources and capability for responding to the realized risks;
  • Applying the risk assessment tools and processes to determine risk levels and measure stakeholder risk tolerances;
  • Utilizing the quantitative and qualitative techniques & tools to facilitate the evaluation of the project team’s of the recognized risks’ attributes for prioritizing the risks for response planning;
  • Providing the risk data to schedule and cost analysts to assure that project risk is correctly displayed in the schedule and cost estimates for the project;
  • Utilizing different techniques to facilitate risk identification for enabling the stakeholders and project team to determine & understand the risk display of the project;

Reference: https://www.pmi.org/certifications/risk-management-rmp

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PMI PMI-RMP Exam Syllabus Topics:

SectionWeightObjectives
Risk Analysis23%- Perform qualitative risk analysis
- Use simulation and modeling techniques
- Perform quantitative risk analysis
- Assess probability and impact
- Prioritize risks
Risk Strategy and Planning22%- Define risk appetite, threshold, and tolerance
- Create risk management plan
- Develop risk management strategy
- Align risk management with organizational and project objectives
- Integrate risk management into project lifecycle
Risk Monitoring and Reporting19%- Update risk register and documents
- Identify new and emerging risks
- Capture lessons learned
- Track effectiveness of responses
- Monitor identified risks and triggers
- Communicate risk status to stakeholders
Risk Identification23%- Update risk register
- Apply identification techniques
- Document risks and characteristics
- Capture opportunities as well as threats
- Identify internal and external risks
Risk Response Planning13%- Assign owners and responsibilities
- Integrate responses into project plan
- Develop response strategies for threats and opportunities
- Select appropriate response actions

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