PMI-RMP Exam Overview

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Skilled project managers are in demand around the world. A globally recognized project management certification shows employers that you have the knowledge, experience and education to effectively contribute to project team success. PMI-RMP® (PMI Risk Management Professional) is one of certification provided by Project Management Institute (PMI), that is suited to those who assess and identify project risks, along with making plans to mitigate threats and capitalize on opportunities.

PMI-RMP® Exam Preparation Course is designed to improve your chances of passing PMI-RMP® exam on your first attempt. In this course, you will become familiar with the exam format. You will also get an opportunity to explore and discuss the rationale behind answers with your PMI-RMP® certified instructor.

Course Objective:
- To prepare the participants to take the PMI-RMP exam by learning styles and types of questions found on the exam.
- To learn test-taking strategies to help answer any questions.
- To learn risk management process and its related to other processes
- To ensure project success by understanding the role of a risk management and lesson learned

COURSE OUTLINE
PMI-RMP Exam® Overview
Risk Management Domains and Project Management Processes
Risk Strategy & Planning
Stakeholder Engagement
Risk Process Facilitation
Perform Specialized Risk Activities
Practice Exam per Module
Simulation Test

COURSE INFORMATION
 
Duration: 4 days (contact hours/PDUs: 32)
Venue: in Jakarta (to be informed later)
Date: Public Schedule can be seen at www.avenew-indonesia.com

Public Class:
IDR 7.000.000,- per pax (Course only)

Additional Cost for Certification Fee
IDR 6.500.000,- (for PMI Member)
IDR 8.500.000,- (for Non- PMI Member)
 
Price includes:
Course Materials
AVENEW’s Passing PMI-RMP® Exam! – more than 300 questions
Stationery & Certificates
Meals (1x lunch and 2x coffee breaks)

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PMI-RMP Exam Overview

  1. 1. •  What is your name and where are you from? •  What is the nature of your job? •  Have you involved in any Project Management works in the last 3 years?
  2. 2. At the end of this course, participants will be able to: ! Describe and understand all Risk Management defined processes, as outlined in the PMBOK® Guide Fifth Edition ! Gain the necessary information to prepare for the PMI-Risk Management Professional (PMI-RMP®) Certification Exam ! Use internationally recognized best practices for managing project risks. ! Learn how to plan project risk management approach, to understand and manage risk attitudes
  3. 3. !  Demonstrate the impact of successful Risk Management to the organization !  Recognize the key differences between managing risks in project versus business environment !  Have a practical set of self-study techniques and bibliography of reference material !  Apply proven techniques to identify project risks, analyze and create risk register !  Be more focused and proactive about preventing problems, rather than just dealing with them as they occur
  4. 4. Overview of PMI-RMP Exam Risk Management Overview Plan Risk Management Identify Risk Perform Qualitative Analysis Perform Quantitative Analysis Plan Risk Response Control Risk Risk Management Relation
  5. 5. Time Day 1 Day 2 Day 3 Day 4 09:00 – 10:30 PMI-RMP Exam Overview Identify Risk Perform Quantitative Risk Analysis Tailoring Risk Management to Project Management 10:30 – 11:00 NUTRITION BREAK 11:00 – 12:00 Readiness Assessment Case Study Identify Risk Plan Risk Response Review and QA 12:15 – 13:00 NUTRITION REPLENISHMENT 13:00 – 15:00 Risk Management Overview Perform Qualitative Risk Analysis Control Risk Final Exam Simulation 15:00 – 15:30 NUTRITION BREAK 15:30 – 17:00 Plan Risk Management Case Study Qualitative Assessment Case Study and Presentation Final Exam Simulation
  6. 6. •  PMI’s certification program is designed to ensure that all credential holders have demonstrated their competence through fair and valid measures •  PMI certification and credentials are developed by project management practitioners for practitioners
  7. 7. •  Globally recognized and demanded •  Specialized role in project risk management •  Acknowledge the individual’s unique expertise on the project team •  PMI-RMP credential holder has competence in the specialized area of: –  assessing and identifying project risks –  mitigating threats and capitalizing on opportunities –  maintains a basic level of competence in all areas of project management
  8. 8. Educational Background Project Risk Management Experience Project Risk Management Education Secondary diploma (high school diploma, associate’s degree or global equivalent) At least 4,500 hours spent in the specialized area of professional project risk management within the last five consecutive years 40 contact hours of formal education in the specialized area of project risk management OR Four-year degree (bachelor’s degree or global equievalent) At least 3,000 hours spent in the specialized area of professional project risk management within the last five consecutive years 30 contact hours of formal education in the specialized area of project risk management
  9. 9. Application Submission 90 days to complete application Application Completeness Review 5 days Applicant Payment Process Audit Process 90 days to send audit materials and 5-7 days to be processed by PMI Multiple-Choice Examination Eligibility 1 year. Up to 3 times Certification Cycle Credential Maintenance 3 years. 30 PDUs required Credential Renewal 30 PDUs earned and submit renewal fees Credential Suspension 1 year Credential Expiration At the end of suspension
  10. 10. Multiple-choice questions 170 questions with 150 scored questions and 20 unscored questions Computer-based testing (CBT) 3.5 hours examination time No scheduled breaks (time continuously counting down) Preceded by tutorial and followed by a survey
  11. 11. Domain Percentage of Questions Domain 1 – Risk Strategy and Planning (5 tasks) 19-20% Domain 2 – Stakeholder Engagement (9 tasks) 19-20% Domain 3 – Risk Process Facilitation (7 tasks) 25-28% Domain 4 – Risk Monitoring and Reporting (7 tasks) 19-20% Domain 5 – Perform Specialized Risk Analyses (3 tasks) 14-16% TOTAL 100%
  12. 12. Develop risk assessment processes and tools that quantify stakeholder risk tolerances in order to assess and determine risk thresholds for the project and set criteria for risk levels Update risk policies and procedures using information such as lessons learned from projects and outputs of risk audits in order to improve risk management effectiveness Develop and recommend project risk strategy based on project objectives in order to establish the outline for the risk management plan Produce risk management plan for the project on the basis of inputs such as project information, external factors, stakeholder inputs, and industry policies and procedures in order to define, fund, and staff effective risk management processes for the project that align with other project plans Establish evaluation criteria for risk management processes based on project baselines and objectives in order to measure effectiveness of the project risk process
  13. 13. 1.  Risk Strategy and Planning 2.  Stakeholder Engagement 3.  Risk Process Facilitation 4.  Risk Monitoring and Reporting 5.  Perform Specialized Risk Analysis
  14. 14. "  Includes 19-20% of all certification exam questions. "  All risk activities related to developing policies, processes, and procedures for risk assessment, planning, and response. "  Metrics for measuring effectiveness of project risk process, Risk attitude concepts, Risk Breakdown Structure (RBS), Risk tolerance concepts, Barriers to effective risk management, Project risk management inputs, tools, techniques, and outputs, Project risk contingency and management reserve, Research and analysis techniques, Basic strategy development methodologies. "  Stakeholder risk tolerance, Stakeholder consensus
  15. 15. "  Includes 19-20% of all certification exam questions "  All activities related to promoting the understanding of project risk management for stakeholders and project team members, assessing stakeholder risk tolerance, prioritizing project risk, and promoting risk ownership. "  Information resources, OPA, EEF, Project performance information, Stakeholder sensitivity analysis models, Training and coaching techniques, Stakeholder risk attitudes (including but not limited risk seeking, risk tolerant, and risk averse), Group decision making, Group creativity (including but not limited to brainstorming, nominal group technique, Delphi technique, idea/mind mapping, and affinity diagram). "  Stakeholder risk tolerance (appetite and attitude), Collaborating with stakeholders, Managing teams in multicultural environments, Influencing change
  16. 16. "  Includes 25-28% of all certification exam questions "  All activities related facilitating risk identification, evaluation, prioritization, and response among project team members. "  Tools and techniques risk identification, qualitative risk analysis , quantitative risk analysis, Risk response strategy types, Contingency management, Risk monitoring and control techniques, Group decision making, Group creativity "  Skills in using analytical software tools for project risk management, Managing teams in multicultural environments, Estimating probability and impact of identified risks
  17. 17. "  Includes 19-20% of all certification exam questions "  All activities related to monitoring risk, evaluating risk response against established metrics, and communicating risk response performance to stakeholders and project team. "  Knowledges of Continuous process improvement and quality management as applied to risk management, Knowledge management techniques for organizing and providing access to project risk information, Alternative formats for project risk reports, Requirements for risk register data fields, Risk statement construction, Risk response activity construction, Risk response metrics, Risk process performance metrics, Risk assessment analysis metrics, Risk management reserves
  18. 18. "  Includes 14-16% of all certification exam questions "  All activities related to the specialized quantitative and qualitative tools and techniques used by project risk management professionals. "  Knowledges of Advanced risk identification tools and techniques, Advanced quantitative risk analysis tools and techniques, Tools and techniques for identifying and analyzing overall project risk, Basic and advanced statistics, Estimation tools and techniques to support risk decision making, Advanced theory of heuristics and other sources of cognitive bias, Variance/Earned Value Analysis "  Skills in Converting qualitative information into risk data, Building representative risk models, Managing and interpreting quantitative and qualitative data
  19. 19. Test your current knowledge
  20. 20. Your professional Management Solution

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