PMI Risk Management Professional (PMI-RMP)
Certification by: PMI
- Identify and assess project risks, mitigate threats and capitalize on opportunities
- For those experienced in risk management, or focused on project risk management
- Class is taught by Project Risk Management expert trainer
Public Class
Live Virtual Class
Private Class
Key points about this course
Duration: 4 Days
Time: 9.00am – 5.00pm
Course Fee: RM 9,500.00
HRD Corp Claimable Course
Course Overview
In project and program management it is inevitable that something can and will go wrong. This gets worse in complex and difficult project. The difference in successful project management is adequately assessing the risks and then executing a successful risk response. Organizations must have solid project risk management best practices in place in order to deliver projects within specified time frames, budgets, and quality requirements.
Studies suggest that 90% of project problems can be foreseen through the application of proper project risk management techniques. Proactively identifying and controlling risk greatly increases the accuracy of the project’s scope, schedule, and budget, as well as reduces the amount of time the team spends putting out fires.
This course will focus on improving the project manager’s risk management expertise from initial planning through project closure, with the introduction of important tools and techniques that can tackle both, complex and simple projects. It based on Project Management Institue (PMI®) standard and best practises. Participants will apply all course principles to a work-related case study taken directly from their work environment. At course completion, participants will be able to identify, analyse, respond to, and control project risks.
Who Should Attend
- Project Managers
- Project Services/Control Managers
- Planners/Cost Control
- Project Engineering / Engineering leads
- Supply Chain personals/ Construction Management Personals
- Contract/Proposal Managers
- Program Managers/Sponsors
- IT Project Management
- Or any team members who are part of the risk identification and addressing process and want to learn to quantify risk systematically to deliver projects that meet stakeholder expectations.
Learning Outcomes
Upon completion of this course, participants will be able to plan, identify, assess and validate and improve project control measure through project risk management processes, determine appropriate contingency and proactively facilitate the developing prevention/ corrective action for better decision making.
As some of the project scope, costs and schedules are established without adequate engagement, this course will train the participants to control these triple constraints in any level of complexity of a project.
Among others of this training objectives are as follows: –
- Train the participants to validate project information
- Train the participants to foster clear understanding of challenges ahead
- Train the participants to improve project communication
- Improved customer satisfaction
- Encourage lesson learned
Course Outline
Each PMI-RMP examination will include all tasks for a domain as stated in PMI Examination Content Outline and Specifications.
Task 1: Perform a Preliminary Document Analysis
Task 2: Assess the Project Environment for Threats and Opportunities
Task 3: Confirm Risk Thresholds Based on Risk Appetites
Task 4: Establish a Risk Management Strategy
Task 5: Document the Risk Management Plan
Task 6: Plan and Lead Risk Management Activities with Stakeholders
Task 1: Conduct Risk Identification Exercises
Task 2: Examine Assumption and Constraint Analyses
Task 3: Document Risk Triggers and Thresholds Based on Context/Environment
Task 4: Develp risk register
Task 1: Perform Qualitative Analysis
Task 2: Perform Quantitative Analysis
Task 3: Identify Threats and Opportunities
Task 1: Plan Risk Response
Task 2: Implement Risk Response
Task 1: Gather and Analyse Performance Data
Task 2: Monitor Residual and Secondary Risks
Task 3: Provide Information Required to Update Relevant Project Documents
Task 4: Monitor Project Risk Levels
About PMI Risk Management Professional (PMI-RMP) Certification
Turn risks into opportunities. Good risk management helps avoid delays, extra costs, and project problems. With the PMI-RMP, you’ll learn how to spot risks early, manage them well, and improve project results to stay ahead.
PMI-RMP Requirements
Before applying, ensure you meet one of these PMI-RMP certification requirements:
Set A requirements
- Secondary degree (high school diploma, associate’s degree, or the global equivalent)
- 36 months of project risk management experience within the last 5 years
- 40 hours of project risk management education
Set B requirements
- Four-year degree (bachelor’s degree or the global equivalent)
- 24 months of project risk management experience within the last 5 years
- 30 hours of project risk management education
Exam Details
| Experience | Exam length | Exam time |
| 3-5 years of experience | 115 questions | 150 minutes |
PMI-RMP Exam Fee
Member price: USD416
Non-member price: USD670
Frequently Asked Questions
It is a professional credential for experts in project risk management, focusing on identifying, analyzing, and responding to risks to enhance project outcomes.
Professionals managing project risks, such as project managers, risk managers, or anyone seeking to improve their risk management skills, should consider this certification.
- Option 1: A secondary degree (high school diploma, associate degree, or equivalent), with 36 months of project risk management experience and 40 hours of risk management education.
- Option 2: A four-year degree (bachelor’s degree or equivalent), with 24 months of project risk management experience and 30 hours of risk management education.
The exam includes 115 multiple-choice questions (100 scored, 15 unscored) with a time limit of 2.5 hours, covering five domains of risk management including Risk Strategy and Planning, Risk Identification, Risk Analysis, Risk Response and Monitor & Close Risks.
Achieving the PMI-RMP certification can boost your credibility as a risk management expert, open doors to higher-level project roles, and enhance your earning potential by showcasing your ability to manage risks effectively, which is critical for successful projects.
The PMI-RMP exam fee depends on your PMI membership and region. For PMI members, the fee is usually lower than for non-members. It’s best to check PMI’s official website for the latest fees in USD or contact us to check in Malaysian Ringgit (MYR).
Yes, you can take the PMI-RMP exam online through the Online-Proctored Testing (OPT) option. This allows you to take the exam from the comfort of your home or office, as long as you meet the technical and environmental requirements.
If you don’t pass the exam, you can retake it up to three times within a one-year eligibility period. After three failed attempts, you must wait one year before reapplying.
The PMI-RMP certification is valid for three years. To maintain it, you must earn 30 Professional Development Units (PDUs) in risk management and pay a renewal fee before your certification expires.
Yes, several training providers in Malaysia offer PMI-RMP prep courses.
