A PMI Registered Training Course

Risk Management Professional (PMI-RMP)

Dealing Effectively with Portfolio, Program and Project Risks

26 - 30 Jan 2026

Milan

| $5950

26 - 30 Jan 2026

Dubai

| $5950

04 - 08 May 2026

London

| $5950

08 - 12 Jun 2026

Dubai

| $5950

31 Aug - 04 Sep 2026

Dubai

| $5950

05 - 09 Oct 2026

London

| $5950

23 - 27 Nov 2026

Dubai

| $5950

08 - 12 Jun 2026

Online

| $3950

23 - 27 Nov 2026

Online

| $3950

Introduction

Risk management is an integral part of project management. Risks should be identified and managed proactively in projects before they become issues leading to delays, cost overruns or functionality issues. Risks are also present on the program level and portfolio level, unmanaged risks on program level may lead to uncoordinated management of shared resources and issues leading to compromising the benefits delivery expected from the group of projects, while unmanaged risks on portfolio level may lead to missing the alignment with strategic objectives.

This Risk Management Professional (PMI-RMP) training course will provide the concepts, models, methods, and artifacts used to manage risks from creating a risk management strategy to risk closure.

This GLOMACS Risk Management Professional training course will highlight:

Risk Strategy and Planning
Risk Identification
Risk Analysis
Risk Response Planning and Implementation
Risk Monitoring and Closure
Relation between project risk and Enterprise Risk Management (ERM)

Key Learning Outcomes

At the end of this Risk Management Professional training course, you will learn to:

Understand and elaborates upon the core concepts and fundamentals of risk management
Describes the risk management relations within portfolio, program, and project environments, and ultimately with the Enterprise Risk Management (ERM)
Define and apply the risk management life cycle and related processes
Apply risk management concepts, techniques, tools, processes, and good practices while executing a portfolio, program, or project management plan.
Get prepared for the PMI-Risk Management Professional Certification (PMI-RMP)

Training Methodology

This risk management training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes:

Training provided via an interactive traditional class-room format
Facilitation by tackling issues faced by participants in managing their project risks
Use of practical local and international case studies to reinforce learning

Risk Management Professional (PMI-RMP)

Who Should Attend?

By attending this risk management training course, your organization will benefit from:

Reducing the organization’s exposure to risks and its impacts and exploiting the opportunities by applying international best practices
Deliver the target benefits and objectives of your projects, programs and portfolio
Customizing the organizations risk management strategy and risk management methodology according to your needs
Effectively handling the escalated risks from project level to program level or to the organization level based on risk scope and the degree of authority
Saving precious executive time used in handling risks and missed opportunities

Learning Journey Breakdown

Training course objectives and introduction
Definitions: uncertainty, risk, and risk attitude, appetite and Threshold
Risk management in organizations, portfolio, program and project levels
Assessing overall business environment and its impact on risks
Establish risk management strategy and documenting the risk management plan
Workshop: Sample risk management plan
How to prepare and apply for the PMI-RMP certification exam

Communicate and engage stakeholders in risk management
Identify stakeholder risk attitude, appetite, and threshold
Identify risks using workshops, focus groups, Delphi and other exercises
Review documents and examine assumptions and constraints
Develop risk register, and assign responsibilities
Workshop: Risk register for the case study project

Create the Work Breakdown Structure (WBS)
Define activities and their logical sequence
Develop project schedule and CPM Analysis
Estimate costs: cost types and estimate techniques
Create the integrated performance measurement baseline
Overview of the Earned Value Management (EVM)
Workshop: CPM and EVM workshop

Perform risk classification based on the risk category
Qualify and prioritize risks based on probability and impact matrix
Perform quantitative risk analysis
Assess overall threats and opportunities and their impact on project objectives
Workshop: Update risk register after qualitative analysis
Workshop: Risk simulation using Monte Carlo technique
Select the appropriate risk responses for threats and opportunities

Create and implement Risk Action Plans (RAPs)
Risk response quiz
Monitor response implementation
Manage residual and secondary risks
Audit and report overall project risk levels
Overall review and Q/A session
Training Course Closure

Ready to Take the Next Step?

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