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

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

This PMI Risk Management Professional (PMI-RMP)® Training course in Milwaukee is designed for anyone who wants advanced knowledge and skills to identify and manage risks effectively. This 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 Risk Management Professional PMI-RMP® Course Overview

Risk management in Milwaukee 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 course provides comprehensive training, ensuring participants understand the significance of risk management in delivering successful projects.

Proficiency in Risk Management in Milwaukee is crucial for project managers, risk management officers, and any professional involved in project planning and execution. Mastering these skills ensures the minimization of potential risks and maximizes the chances of project success, making this course invaluable for these professionals.

This intensive 4-day training in Milwaukee is designed to impart practical knowledge and strategies for risk management. Delegates will learn how to identify, analyze, 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 course in Milwaukee, 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 recognized for their ability to manage project risks effectively, making them valuable assets to any organization.

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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 Milwaukee 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.

Milwaukee is the largest city in Wisconsin. The city is located on the south west shore of Lake Michigan. Milwaukee has an estimated population of around 600,000 people. Education in the USA is provided by both public and private schools, and is mandatory until the age of 16.  Pupils conducting their schooling within the USA start off at preschool, followed by elementary school, then middle school, before finishing at high school.  At age 18, US citizens are able to engage in higher education.  Higher education in the USA normally comes in the form of a college, undergraduate school, or a community college – that latter of which doesn’t normally cost anything to attend.  Candidates participating in a course at a college will gain credits towards a bachelor’s degree, whilst candidates participating a course at a community college will be earning credits in order to achieve an associate’s degree. The public school system in Milwaukee is run by the local school district (MPS). There are 323 schools for 90,000 students. There are specialist magnet schools for those with an interest in academics or the arts. Of persons in Milwaukee aged 25 and above, 84.5% have a high school diploma, and 27% have a bachelor's degree or higher. In 2000, Milwaukee ranked 6th among the 30 largest North American cities in number of college students per capita. Higher education institutes in the Milwaukee area include: Medical College of Wisconsin, Milwaukee Area Technical College, Milwaukee Institute of Art and Design and Milwaukee School of Engineering. At The Knowledge Academy we offer over 50,000 classroom based training courses in the United States, including popular locations such as Milwaukee.

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Address

Downtown Milwaukee
250 East Wisconsin Avenue
18th Floor
Milwaukee
Wisconsin
53202

T: +1 7204454674

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 Milwaukee. 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.

Unlock your potential with The Knowledge Academy's PMI Risk Management Professional (PMI-RMP)® Certification | PMI Training in Milwaukee, 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.

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.

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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

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

What our customers are saying

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

Risk assessment is the process of analysing possible incidents which may result in the loss of an asset, loan, or investment.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Candidates can book the PMP® Certification exam through the PMI website, selecting a test center or opting for an online proctored exam.
To pass the PMP® Exam, thorough preparation is key, including studying the PMBOK® Guide, taking practice exams, and attending preparatory courses.
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.
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.
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.
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.
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.
The training fees for PMI-RMP® Certification Trainingin Milwaukee starts from $3195
The Knowledge Academy is the Leading global training provider for PMI-RMP® Certification Training.
Please see our PMP® Training courses available in Milwaukee
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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.

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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)®.

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"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

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