PMI RMP Certification

The PMI Risk Management Professional is one of PMI's Specialized Certifications on the area of Project Risk Management. The following are the chapters that will help us in our quest towards the PMI Risk Management Professional Certification.

The PMBOK Guide 4th edition was used as the base for all the study material in this blog. In the 5th edition the PMBOK introduced some new processes and knowledge area but the Risk Management knowledge area was left untouched. So, almost all these articles are valid exactly as they are for the PMI RMP Exam now. 

Also, I will be placing links to articles from the PMP Certification Study Guide series as and when required to point you to further study material reg. the various Project Management topics. The Risk Management Professional exam covers the risk aspect of almost every area of Project Management. So, the actual syllabus is only a subset of the PMBOK Guide but it covers almost everything. So, it would be a good idea to read the PMBOK guide or quickly scan through the "Fast Forward PMP Exam Preparation" to quickly cover all the PMBOK Guides contents so that you have a good base to cover the RMP Exam syllabus

Hope you find it useful...


Section 1 - About the PMI-RMP Certification

1.1: About the PMI RMP Certification
1.2: Certification Eligibility Requirements
1.3: Exam Overview
1.4: Certification Benefits & Fees
1.5: Study Plan

Section 2 - The Risk Management Framework

2.1: The Framework
2.2: Risk Communication
2.3: Risk Analysis
2.4: Plan Risk Response
2.5: Risk Governance

Section 3 - Basics of Project Risk Management

3.1: What is Project Risk?
3.2: Risk Management & PMBOK Guide
3.3: Understanding the Project Environment
3.4: Important Risk Related Definitions
3.5: Types of Risk
3.6: Risk Categorization
3.7: Managing Uncertainty
3.8: Five Step Approach to Managing Project Risk
3.9: Section Summary

Section 4 - The Risk Management Plan

4.1: Introduction
4.2: Inputs to create the Risk Management Plan
4.3: Creating the Risk Management Plan
4.4: Contents of a Risk Management Plan
4.5: Section Summary

Section 5 - The Risk Register

5.1: Introduction
5.2: Contents of the Risk Register
5.3: Section Summary

Section 6 - Identify Risks

6.1: Introduction
6.2: Inputs Used
6.3: Overview of Tools & Techniques used
6.4: Documentation Reviews
6.5: Information Gathering Techniques
6.6: Checklist & Assumptions Analysis
6.7: Cause & Effect Diagrams
6.8: Flow Charts
6.9: Influence Diagrams
6.10: SWOT Analysis
6.11: Other Tools & Techniques
6.12: Section Summary

Section 7 - Communicating Project Risks

7.1: Introduction
7.2: Factors that Influence Risk Communication
7.3: Stakeholder Risk Tolerance
7.4: Communicating Risks to Stakeholders
7.5: Section Summary

Section 8 - Overview of Risk Analysis

8.1: What is Risk Analysis?
8.2: Goals & Benefits
8.3: Overview of a Risk Analysis Model
8.4: Risk Analysis & Project Management
8.5: Section Summary

Section 9 - Qualitative Risk Analysis

9.1: Introduction
9.2: Inputs used for Qualitative Risk Analysis
9.3: Overview of Tools & Techniques used in Qualitative Analysis
9.4: Risk Probability and Impact Assessment
9.5: Probability and Impact Matrix
9.6: Risk Data Quality Assessment
9.7: Risk Categorization
9.8: Risk Urgency Assessment
9.9: Expert Judgment
9.10: Section Summary

Section 10 - After Qualitative Risk Analysis

10.1: Updating the Risk Register – After Qualitative Analysis

Section 11 - Quantitative Risk Analysis

11.1: Introduction
11.2: Inputs Used for Quantitative Risk Analysis
11.3: Introduction to Tools & Techniques used in Quantitative Analysis
11.4: Interviewing
11.5: Introduction to Probability Distributions
11.6: Continuous Distributions
11.7: Discrete Distributions
11.8: Sensitivity Analysis
11.9: Expected Monetary Value Analysis
11.10: Decision Tree Analysis
11.11: Modeling and Simulation
11.12: Section Summary

Section 12 - After Quantitative Risk Analysis

12.1: Introduction
12.2: Probabilistic Analysis of the Project
12.3: Prioritized List of Quantified Risks
12.4: Trends in Quantitative Analysis
12.5: Risk Register Contents - As of Now
12.6: Section Summary

Section 13 - Plan Risk Responses

13.1: Introduction
13.2: Inputs Used in the Plan Risk Responses Process
13.3: Introduction to the Tools & Techniques used in Plan Risk Responses Process
13.4: Strategies for Handling Negative Risks
13.5: Strategies for Handling Positive Risks
13.6: Reserve Management
13.7: Important Terms - Plan Risk Responses

Section 14: Outputs of the Plan Risk Responses Process

14.1: Introduction
14.2: Updates to the Risk Register
14.3: Updates to the Project Management Plan
14.4: Risk Related Contract Decisions
14.5: Section Summary

Section 15: Monitor & Control Risks

15.1: Introduction
15.2: Inputs Used
15.3: Overview of Tools & Techniques Used
15.4: Risk Reassessment & Risk Audits
15.5: Workarounds & Reserve Analysis
15.6: Variance & Trend Analysis
15.7: Estimation Techniques & Cost Benefit Analysis
15.8: Technical Performance Measurement & Status Meetings
15.9: Section Summary

You may be wondering why there is no Outputs of Monitor & Control Risks process in this chapter list, that is because the outputs of this process are Change Requests and Updates to Organizational Process Assets. I did not think this one sentence required an entire chapter - so we will wrap up this series with a summary of the PMI's Practice Standard for Project Risk Management.

Section 16: Practice Standard for Project Risk Management

16.1: Introduction
16.2: Foundation for Risk Management
16.3: Risk Management Processes

That Wraps up our series on the PMI RMP Exam Preparation. Hope you found it useful. If you found this blog useful in your exam prep, please leave a comment in the comments section below so that others too could learn about your experience using this blog. If you are looking for questions to try out from risk management area, reach me via email at anandvijayakumar007@gmail.com

Best of luck!