PMI Risk Management Professional (PMI-RMP®)
Risk work at credential depth. The course follows the PMI-RMP® Examination Content Outline (by Project Management Institute - PMI) across its five domains — Risk Strategy and Planning, Risk Identification, Risk Analysis, Risk Response, and Monitor and Close Risks — carrying 22%, 23%, 23%, 13% and 19% of the exam. Predictive, agile and hybrid approaches appear throughout rather than being confined to one domain.
What it covers
Foundations
Threat and opportunity, risk against issue and assumption, and how risk practice changes across predictive, agile and hybrid delivery.
Strategy and planning: environment and appetite
Preliminary document analysis, reading the project environment with PESTLE and SWOT, organisational process assets and enterprise environmental factors, stakeholder analysis, and assessing risk culture maturity.
Strategy and planning: thresholds and the plan
Aligning project thresholds to organisational appetite, calculating what the organisation can absorb, the risk breakdown structure, roles on a RACI, risk metrics, prioritisation criteria, and the risk communication plan.
Risk identification
Running identification exercises through workshops, interviews and focus groups; assumption and constraint analysis; documenting triggers, causes and timing; and building a register with probability, impact, urgency and ownership.
Qualitative analysis
Nominal and ordinal classification against the RBS, estimating impact on schedule, budget, resources and scope, applying probability-and-impact matrices, and prioritising by impact and urgency.
Quantitative analysis
Sensitivity analysis, expected monetary value, decision trees, Monte Carlo simulation and critical path effects, trend and forecast analysis, and calculating risk weighting and priority.
Risk response
Selecting a strategy — avoid, mitigate, transfer, accept, and for opportunities exploit, enhance and share — costing responses against exposure removed, contingency planning, action owners, workarounds, and handling secondary and residual risk.
Monitor and close risks
Reconciling performance data, variance analysis, monitoring residual and secondary risk, updating the register and lessons learned, closing expired risks, and reporting risk level to different audiences.
Leading risk with stakeholders
Coaching and mentoring a team in risk practice, resolving conflict over appetite, empowering stakeholders to challenge thresholds and assumptions, and tailoring risk communication.
PMI-RMP exam preparation
Practice across the five domains at their published weights, the 115-question format (100 scored plus 15 pretest) over two and a half hours with an optional break, and guidance on the contact-hour and experience requirements.
Who it's for
Project risk managers, project and program managers who own a risk register, PMO and assurance staff, and candidates preparing for the PMI-RMP® credential.
What's included
- Facilitator slide deck with speaker notes
- Participant workbook and exercise pack
- Templates and worked examples in editable format
- Case studies for group work
- Knowledge checks and end-of-module questions
- Trainer guide with timings and suggested agendas
On completion, participants can
- Set project risk thresholds traceable to organisational risk appetite
- Run a structured identification exercise and produce a defensible register
- Quantify cost and schedule exposure and size contingency from the analysis
- Select and cost a response against the exposure it actually removes
- Monitor residual and secondary risk and report exposure over time
- Map personal experience and contact hours to the PMI-RMP application
Aligned to the PMI-RMP® Examination Content Outline updated January 2023, and informed by Risk Management in Portfolios, Programs, and Projects: A Practice Guide (2024); confirm against PMI's published versions before each delivery. PMI and PMI-RMP are registered marks of the Project Management Institute, Inc. ManagerDesk.uk is not affiliated with, authorised by, or endorsed by PMI, and these materials prepare candidates without themselves conferring any credential or contact hours recognised by PMI.