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Praveen MalikIndependent Consultant| Independent ConsultantNew Delhi, India
Hi Majdi, I would suggest that you should start with a training course and prepare using the training material. Your course instructor would be able to give you the right advice. I think PMI's risk management guide and an online training is enough for the preparation.
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MOHAMMAD SADAT MANNANPMPĀ®, PMI-RMPĀ® Project Manager| National Petroleum Construction Company, Abu Dhabi, U.A.E (Previously Working)Patna, Bihar, India
I am in process of preparing for PMI-RMP certificate.
seek your advice for the recommended books and some preparation material Saving Changes...
Markus KopkoAI Enabler for Project & Program Mgmt | Founder PMotion.ai / The PM
AI Coach| PMotion.aiHamburg, Hamburg, Germany
Getting PMI-RMPĀ® Certified in 5 Steps:
PMI Risk Management Professional (PMI-RMP)Ā® Certification
The Project Management Institute Risk Management Professional (PMI-RMP)Ā® certification is dedicated to specializing in project risk management and so target primary already project risk managers or people who wants to become one. Nevertheless any project managers could highly benefit from this certification and it is a good complementary for already PMPs for instance.
The PMI Risk Management Professional (PMI-RMP)Ā® highlights your ability to identify and assess project risks, mitigate threats and capitalize on opportunities. In this capacity, you enhance and protect the needs of your organization.
Who Should Apply?
If you have advanced knowledge and experience in risk management, or if you are a project manager focused on project risk management, including for large projects and/or complex environments, then the PMI-RMPĀ® is an excellent choice for you.
You will need to study Chapter 11 of the Guide to the Project Management Body of Knowledge (PMBOKĀ® Guide), and other sources to prepare for the exam.
Here are the stops how to:
Step 1: Get familiar with the basic resources:
⢠Review the ? PMI-RMP handbook (https://goo.gl/U9qeO3 )
⢠Review the ? Exam Content Outline (https://goo.gl/S3lCJk )
The PMI-RMP has 170 questions; 150 are scored and the others are pretest questions. The exam is split among PMIās Five Domains of Risk Management, which are:
o Risk Strategy and Planning:
19-20 percent. Concerns tasks and processes for selecting and developing risk management procedures and tools, producing the risk management plan, and setting procedures for evaluating risks and updating the risk management plan. Be familiar with the parts of the risk management plan, especially its inputs.
o Stakeholder Engagement:
19-20 percent. Activities related to getting stakeholders and project team members on board with risk management. These tasks are important to develop a team-wide, and even organization-wide, commitment to risk management. Be familiar with risk communication procedures, enterprise environmental factors and organizational process assets, and risk tolerance evaluation.
o Risk Process Facilitation:
25-28 percent. Activities related to executing the risk management strategy. Be familiar with qualitative and quantitative risk analysis tools and techniques, estimating probability and impact, and developing contingency reserves.
o Risk Monitoring and Reporting:
19-20 percent. Activities related to evaluating risk response against data gathered, updating stakeholders and the project team on risks, and continuously improving risk management. Be familiar with data gathering and management techniques and communications management.
o Perform Specialized Risk Analyses:
14-16 percent. Activities related to advanced risk identification, analysis, and tools and techniques. Be familiar with statistics, especially concerning interpreting quantitative and qualitative data, and with building representative risk models.
⢠Review the ? Practice Standard for Project Risk Management. (https://goo.gl/HI3QQV )
⢠Enroll in a formal study course offered by PMI chapters or accredited Registered Education Providers (R.E.P.s). You can also review self-study books published by R.E.P.s and other reputable training organizations.
⢠Review the latest edition of A Guide to the Project Management Body of Knowledge (PMBOK® Guide); primarily chapter 11 (https://goo.gl/DCNxPQ )
Step 2: Start with PMBOKĀ® Guide but be prepared to move beyond
Chapter 11 of the PMBOKĀ® Guide deals with Project Risk Management and is an excellent resource for each of the items that is on the exam.
Additional chapters from the PMBOKĀ® Guide that will be helpful in your study include Stakeholder Management (Chapter 13), Communication Management (Chapter 9) Human Resource Management (Chapter 10) Quality Management (Chapter 8) and Procurement Management (Chapter 12).
Study additional sources to supplement the PMBOKĀ® Guide. A good source therefore might be PMIās reference list (Reference List ). Here are our recommendations what to study at least::
⢠? Practice Standard for Project Risk Management (PMI) which goes further into risk management processes (free for PMI members!). (https://goo.gl/HI3QQV )
⢠PMI-RMP: Risk Management Professional Exam Preparation Study Guide; Paperback ā February 14, 2011 by Vanina Mangano (Author), Al Smith Jr. (Contributor) ? https://goo.gl/xQSqdp and/or
⢠Risk Management Tricks of the Trade for Project Managers + PMI-RMP Exam Prep Guide by RMC Publications ? https://goo.gl/pauMBs and/or
⢠Passing the Risk Management Professional (PMI-RMP)Ā® Certification Exam the First Time! by Dog Ear Publishing, LLC ? https://goo.gl/AYxQZV ⢠PMI-RMP Exam Success Series: Flashcards ā April 22, 2013 by MBA, CAPM, Project +, CSM, CCBA, PMI-SP, PMI-RMP, PMI-ACP, PMP, PgMP Tony Johnson (Author, Editor, Illustrator)
? https://goo.gl/wXycKw
Step 3: Took a RMP preparation course and get your required 40/30 contact hours of training.
Step 4: Finalize your study and preparation. Quiz yourself using flashcards and study tables, review your notes from class, and take lots of practice exams.
⢠PMI-RMP Exam Success Series: Flashcards ā April 22, 2013 by MBA, CAPM, Project +, CSM, CCBA, PMI-SP, PMI-RMP, PMI-ACP, PMP, PgMP Tony Johnson (Author, Editor, Illustrator)
? https://goo.gl/wXycKw
Step 5: Take the exam and earn your PMI-RMPĀ®! Saving Changes...
MOHAMMAD SADAT MANNANPMPĀ®, PMI-RMPĀ® Project Manager| National Petroleum Construction Company, Abu Dhabi, U.A.E (Previously Working)Patna, Bihar, India
Please provide exact information regarding preparation books apart from PMBOK or Practice Standard Project Risk Management. Which is the best book
Senior Projects Manager | Field & Marten AssociatesNew Westminster, British Columbia, Canada
Markus's guide and steps is the best so I advise you to look at it in details.
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1 reply by Markus Kopko
Feb 20, 2017 3:13 AM
Markus Kopko
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Thanks, Rami.
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MOHAMMAD SADAT MANNANPMPĀ®, PMI-RMPĀ® Project Manager| National Petroleum Construction Company, Abu Dhabi, U.A.E (Previously Working)Patna, Bihar, India
Please provide the name of one or two books which is the best not the list of the books.
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4 replies by Anupam , MOHAMMAD SADAT MANNAN, Markus Kopko, and Vincent Guerard
Feb 19, 2017 11:22 AM
Anupam
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Have you checked the links? :)
Go through the notes and make your best choice, or refer the above post by Markus.
Feb 20, 2017 3:15 AM
Markus Kopko
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Hello Mohammad,
you have to figure out by your own which one of the available prep books might be the best for you.
This depends on your personal learning behaviors and preferences, so how should anybody else know this, right?!
You got a lot of great advice here i would say and now it is your job to make the best of it.
Regards,
Markus
Feb 21, 2017 12:27 AM
MOHAMMAD SADAT MANNAN
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thanks for your information
Feb 28, 2017 8:29 PM
Vincent Guerard
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"Passing the risk management professional (PMI-RMP) certification exam the first time!" available on paper or ebook and
the PMI book on risk.
Rita Mulcahy's "Risk Management" but didn't find it as useful, look like it was written before RMP then adjusted