PMI Risk Management Professional (PMI-RMP)® Certification | PMI Training in Riga

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PMI-RMP® Certification Training

Riga

Gain an understanding of establishing evaluation criteria for risk management processes.
Learn about the different roles of stakeholders and how to communicate effectively.
Acquire knowledge and different techniques to determine the risk level of the projects.

Dates & Prices Dates & Prices

Course information

PMI Risk Management Professional PMI-RMP® Course Outline

Domain 1: Risk Strategy and Planning

Perform a Preliminary Document Analysis
Assess the Project Environment for Threats and Opportunities
Confirm Risk Thresholds Based on Risk Appetites
Establish a Risk Management Strategy
Document the Risk Management Plan
Plan and Lead Risk Management Activities with Stakeholders

Domain 2: Risk Identification

Conduct Risk Identification Exercises
Examine Assumption and Constraint Analyses
Document Risk Triggers and Thresholds Based on Context/Environment
Develop a Risk Register

Domain 3: Risk Analysis

Perform Qualitative Analysis
Perform Quantitative Analysis
Identify Threats and Opportunities

Domain 4: Risk Response

Plan Risk Response
Implement Risk Response

Domain 5: Monitor and Close Risks

Gather and Analyse Performance Data
Monitor Residual and Secondary Risks
Provide Information Required to Update Relevant Project Documents
Monitor Project Risk Levels

Who should attend this PMI-RMP® Certification Training Course?

This PMI Risk Management Professional (PMI-RMP)® Training course is designed for anyone who wants advanced knowledge and skills to identify and manage risks effectively. This PMP® Training course can be beneficial for a wide range of professionals, including:

Project Managers
Team Leads
Project Associates
Project Analysts
Project Coordinators
Programme Coordinators
Portfolio Managers

Prerequisites of the PMI-RMP® Certification Training Course

To attend this PMI-RMP® Certification Training Course, delegates must have a bachelor's degree and prior experience in project risk management.

PMI-RMP® Certification Training Course Overview

Risk management is an essential aspect of project management, and the PMI-RMP® certification equips professionals with the necessary skills to identify and mitigate risks effectively. This PMP Certification Course provides comprehensive training, ensuring participants understand the significance of risk management in delivering successful projects.

Proficiency in Risk Management is crucial for project managers, risk management officers, and any professional involved in project planning and execution. Mastering these skills ensures the minimisation of potential risks and maximises the chances of project success, making this PMP Certification Course invaluable for these professionals.

This intensive 4-day training is designed to impart practical knowledge and strategies for risk management. Delegates will learn how to identify, analyse, and respond to project risks, enhancing their capability to manage unexpected challenges and make informed decisions, improving project outcomes.

Course Objectives

To understand the principles and practices of risk management
To develop skills in identifying potential risks in projects
To learn techniques for qualitative and quantitative risk analysis
To master risk response planning and implementation
To enhance decision-making skills under uncertainty
To prepare for the PMI-RMP® certification exam
To gain insights into industry best practices in risk management
To improve overall project management proficiency

After completing this PMP® Training course, delegates will be well-prepared for the PMI-RMP® certification exam. Earning this certification signifies a high level of expertise in risk management, enhancing career prospects. Certified professionals are recognised for their ability to manage project risks effectively, making them valuable assets to any organisation.

What’s included in the PMI-RMP® Certification Training Course?

World-class training sessions from Experienced Instructors
PMI-RMP® Certificate
Digital Delegate Pack

Why choose us

Our Riga venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Riga is the capital and biggest city in Latvia. It has an estimated population of around 640,000 people. It is home to more than a third of the country’s population. The unemployment rate of Latvia is around 9.8 percent as of the second quarter of 2015. This was a decrease from the first quarter when it stood at 10.2 percent. The average rate for 13 years before 2015 was around 11.75 percent. There are a number of higher education institutes in Riga. The oldest university in Latvia is the Riga Technical University that was founded in 1862. The school is best known as a business school but also offers courses in Architecture & Urban Planning, Building & Civil Engineering, Computer Science and Information Technology.

Address

4th & 5th floors,
14 Terbatas street,
Riga, LV-1011

T: +44 1344 203 999

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led PMI Risk Management Professional (PMI-RMP)® Certification | PMI Training in Riga. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

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Unlock your potential with The Knowledge Academy's PMI Risk Management Professional (PMI-RMP)® Certification | PMI Training in Riga, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

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Experience the most sought-after learning style with The Knowledge Academy's PMI Risk Management Professional (PMI-RMP)® Certification | PMI Training in Riga. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led PMI Risk Management Professional (PMI-RMP)® Certification | PMI Training in Riga sessions.

Highly experienced trainers

Boost your skills with our expert trainers, boasting 10+ years of real-world experience, ensuring an engaging and informative training experience

State of the art training venues

We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible

Small class sizes

Our Classroom courses with limited class sizes foster discussions and provide a personalised, interactive learning environment

Great value for money

Achieve certification without breaking the bank. Find a lower price elsewhere? We'll match it to guarantee you the best value

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Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

Team building opportunity

Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

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What our customers are saying

Excellent trainer, I would definitely recommend to friends and colleagues!

LEENH ABDULAZIZ A ALDAMEGH

The trainer experience and expertise was superb. Much recommendations.

Udeme Ibanga

he is very organized and explain properly

Enad Khamis

PMI Risk Management Professional (PMI-RMP)® Certification | PMI Training in Riga FAQs

What is risk assessment?

Risk assessment is the process of analysing possible incidents which may result in the loss of an asset, loan, or investment.

How to develop risk assessment processes?

The steps to develop risk assessment processes includes identifying the hazards, determining who and how might be harmed, evaluating the risks and taking precautions, recording your findings, and reviewing assessment and updating if necessary.

What is the purpose of using RMP?

The purpose of obtaining the PMI RMP certification and utilising Risk Management Professional (RMP) methodologies and techniques is to identify, assess, and mitigate risks effectively, allowing organisations to make informed decisions, minimise potential threats, and enhance project success rates.

Which tools can be used to quantify stakeholder risk tolerances?

SWOT analysis, analogy, interviewing, assumptions analysis, document reviews, Delphi technique, brainstorming, the classic approach, nominal group technique, etc., are the tools that can be used to quantify the stakeholder risk tolerances.

What methods are valuable to improve risk management effectiveness?

Some valuable methods to improve risk management effectiveness include asking the questions, creating the right culture, clarifying responsibility or rules, and using suitable reward systems.

What will I learn in this PMI Risk Management Professional (PMI-RMP)® Training course?

In this PMI Risk Management Professional PMI-RMP® Certification Training course, you will learn Heuristics and other dynamic sources of cognitive biases and their associated effects on risk perception and behaviour. You will also learn to update the project risk management plan using relevant internal and external inputs.

What are the advantages of taking the PMI RMP Certification Training course?

Taking the PMI-RMP training offers several advantages, including gaining in-depth knowledge of risk management principles and techniques, increasing career opportunities, and demonstrating professional expertise and credibility in the field of risk management.

Is pursuing the PMI-RMP certification worthwhile?

Yes, pursuing the PMI RMP (Risk Management Professional) certification can be worthwhile as it demonstrates expertise in risk management, enhances career opportunities, and validates your skills in the field.

Is the PMI RMP Certification Training course difficult to learn?

The difficulty level of the PMI RMP course and exam may vary based on individual experience and background knowledge. However, with proper PMI-RMP training, focused study, and preparation, individuals can effectively learn the concepts and increase their chances of successfully passing the exam.

How can one prepare for the PMI-RMP Certification?

To prepare for the PMI-RMP Certification, individuals can follow these steps: acquire relevant experience in risk management, study the PMI-RMP Exam Content Outline, and undergo comprehensive PMI-RMP training to familiarise themselves with the exam format and content, and practice with sample questions.

What is the procedure to book the PMP® Certification exam?

Candidates can book the PMP® Certification exam through the PMI website, selecting a test center or opting for an online proctored exam.

What strategies can help pass the PMP® Exam?

To pass the PMP® Exam, thorough preparation is key, including studying the PMBOK® Guide, taking practice exams, and attending preparatory courses.

What job roles and opportunities are available after obtaining a PMI RMP certification?

After obtaining a PMI-RMP certification, individuals can pursue job roles such as Risk Manager, Risk Analyst, Project Manager, or Risk Consultant and can explore opportunities in various industries, including construction, finance, healthcare, and information technology.

Is a career in Risk Management a promising option?

Yes, a career in Risk Management is a promising option as organisations across industries value professionals who can effectively identify, assess, and mitigate risks, offering ample job opportunities and growth potential in an increasingly complex business environment.

What are the steps to becoming a certified PMI-RMP professional?

To become a certified PMI-RMP professional, individuals need to meet the eligibility requirements, undergo PMI RMP training, submit the application to PMI, pass the PMI-RMP exam, and fulfil the continuing education requirements to maintain the certification status.

What are the responsibilities of Risk Management professionals?

The responsibilities of Risk Management professionals with PMI RMP certification training include identifying potential risks, assessing their impact, developing risk mitigation strategies, monitoring and controlling risks throughout projects or operations, and effectively communicating risk-related information to stakeholders.

What is the pass rate for the PMI-RMP® exam?

The pass rate for the PMI-RMP Certification exam can vary, but historically it has been reported to be around 60-70%. It is important to note that individual preparation, study, and experience in risk management play a significant role in achieving a successful outcome.

What is the cost/training fees for PMI-RMP® Certification Training in Riga?

The training fees for PMI-RMP® Certification Trainingin Riga starts from €2895

Which is the best training institute/provider of PMI-RMP® Certification Training in Riga?

The Knowledge Academy is the Leading global training provider for PMI-RMP® Certification Training.

What are the best PMP® Training courses in Riga?

Please see our PMP® Training courses available in Riga

Why choose us

Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

Trusted & Approved

The Knowledge Academy is a Authorized Training Partner (A.T.P) and is approved to provide PDUs by the Project Management Institute (PMI)®.

Many delivery methods

Flexible delivery methods are available depending on your learning style.

High quality resources

Resources are included for a comprehensive learning experience.

"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

Looking for more information on PMP® Training?

What is the PMP® Credential?

History of the PMP® Credential

Who is the PMP® Credential for?

PMP® Case Studies

PMP® Eligibility Requirements

Benefits of the PMP® Credential for Individuals

Benefits of the PMP® Credential for Businesses

PMP® Framework (Methodologies)

Project Management Professional (PMP) Certifications

The PMP® Exams

The PMP® Exam Validation

The PMP® Exams and Pass Rates

How long is the PMP® Certification valid for?

How to get 60 PDUs of the PMP® credential?

How to book the PMP® Certification

How to pass the PMP® exam

What if I fail the Exam?

How to get results from the PMP® Credential

Careers for the PMP® Credential

Which sectors use the PMP® Credential?

Job Roles form the PMP® Credential

How to add the PMP® Credential to your CV

How to add the PMP® Credential to your LinkedIn

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