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PMI: Risk Management Professional (Part 3) Course

7.5hrs (101 Lessons) 2009-10-06

This Course can only be played using a subscription. You can play only first 3 chapters for free. Click Here to avail a subscription
Enhance your project risk management skills or prepare for the PMI Risk Management Professional (PMI-RMP®) certification exam with this comprehensive course. This course is the final part of a three part series meant to provide you with a thorough review of the materials necessary to prepare for the PMI-RMP® exam and sets out to build a solid foundation of project risk management. Specifically, you will enhance your knowledge in the following areas: risk response strategies, risk monitoring and control, and risk closure. In addition, this course includes over 150 exam practice questions across all exam domains. To begin learning PMI: Risk Management Professional (Part 3) today, simply click on the movie links.

Welcome to VTC's course on Risk Management Part 3. My name is Vanina Mangano and I will be your instructor. This course is Part 3 in a series of three courses meant to give you a thorough review and level of understanding on the topic of project risk as well as a guide to preparing for the PMI Risk Management Professional Certification Exam So whether you are looking to gain a foundation of project risk or preparing to take the certification exam, this course has something to offer you. Before we start, here is some brief information about myself as part of the course introduction. I am certified by the Project Management Institute as a Project Management Professional and Risk Management Professional. I specialize in project management training and course development and have invested in several startups across various industries. I definitely consider business as one of my hobbies. I'm also the author of the Project Management Professional Review Guide, published by Sybex. Introduction aside, let's go through the contents of the course. If you've gone through VTC's Risk Management Professional Part 1 and 2, you will have gained a foundation of and basic understanding of the following: project risk, risk identification, risk communication and risk analysis, both qualitative and quantitative risk analysis. We'll continue where we left off to wrap up this series and wrap up our coverage of the exam objectives. Specifically, we'll cover the Risk Response Planning Exam domain. We'll also touch on risk governance through our review of risk monitoring and control and risk closing and just a refresher that the other exam domains include risk communication, which we covered in Part 1 of this course series and risk analysis, which we covered in Part 2. Specifically within this course, we'll review a thorough coverage of the plan risk response process including the inputs, tools and techniques and outputs of the process, a thorough coverage of the monitor and control project risk process and just like the previous process I mentioned, we'll also cover the inputs, tools and techniques and outputs of the process. We'll touch on reserve management practices, creating a risk budget and documentation. And that concludes this movie on the Risk Management Professional Part 3 course contents. I hope you enjoy the course and will be able to use the information and knowledge that you get out of the course towards achieving your PMI RMP credential or just in applying the concept and information towards improving your project management and project risk management skills.  

  • Course: PMI: Risk Management Professional (Part 3)
  • Author: Vanina Mangano
  • SKU: 34037
  • ISBN: 1-935320-71-8
  • Work Files: Yes
  • Captions: No
  • Subject: Certification
  • The first 3 chapters of courses are available to play for FREE (first chapter only for QuickStart! and MasterClass! courses). Just click on the movie link to play a lesson.
Course outline
Introduction
Course Contents (03:06)

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Risk Management Overview

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Introduction to Plan Risk Responses

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Inputs (03:46)

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Strategies for Negative Risks
Avoid (04:14)

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Transfer (05:11)

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Mitigate (03:55)

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Accept (03:40)

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Strategies for Positive Risks
Exploit (04:37)

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Share (04:22)

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Enhance (03:47)

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Reserve Management Practices
Reserves (03:54)

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Related Terms (04:35)

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Updating the Risk Register pt. 1

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Monitoring & Controlling Risk

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Inputs pt. 1 (05:41)

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Inputs pt. 2 (03:51)

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Workarounds (02:45)

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Risk Audits (04:09)

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Updating the Risk Register pt. 2

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Practice Standard for Project Risk Management pt. 1
Introduction (03:58)

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Practice Standard for Project Risk Management pt. 2

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Exam Practice Questions
Questions 1-5 (06:07)

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Course Summary

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EEF vs. OPA (03:28)

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Test Day (03:17)

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Credits

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