PMI-RMP® Certification Training (Risk Management)

This PMI‑RMP® (Risk Management Professional) certification training is a specialized program designed to help risk practitioners, project managers and professionals develop advanced capabilities in project risk management and prepare effectively for the PMI‑RMP® certification exam. This course deepens learners’ understanding of how to identify, analyze, respond to and monitor risks within complex project environments, using PMI’s globally recognized standards and best practices. Over the duration of the course, participants explore structured risk frameworks, tools, techniques and processes that enhance their ability to anticipate threats, capitalize on opportunities, and strengthen project success outcomes. With instructor‑led sessions, real‑world examples and focused exam preparation, this training supports learners in building both practical risk management expertise and confidence to achieve certification success.

1. Introduction to Project Risk Management

• Importance of risk management in projects, programs, and portfolios
• PMI-RMP® certification overview
• Core concepts and definitions of risk



2. Risk Strategy and Planning

• Develop a Risk Management Plan: content, structure, and objectives
• Risk management methodology, roles, and responsibilities
• Risk identification tools and techniques
• Building stakeholder communication and engagement strategies



3. Risk Identification & Documentation

• Tools and techniques for identifying risks (brainstorming, checklists, SWOT, etc.)
• Creating and maintaining the risk register
• Risk categories, thresholds, and prioritization
• Risk register update cycles



4. Risk Analysis

• Perform qualitative risk analysis: probability and impact assessments, risk urgency, prioritization
• Perform quantitative risk analysis: expected monetary value (EMV), sensitivity analysis, simulation
• Outputs of risk analysis: updated risk register, probability/impact matrix, risk ranking



5. Risk Response Planning

• Risk response strategies for threats and opportunities
• Develop risk response plans and assign ownership
• Contingency and fallback planning
• Outputs of risk response planning



6. Risk Monitoring & Control

• Risk tracking, reporting, and governance
• Monitoring risk triggers and effectiveness of responses
• Change control and integration with project management processes
• Lessons learned and continuous improvement



7. Risk Culture & Professional Skills

• Promote a proactive risk culture within the organization
• Leadership, stakeholder management, and decision-making skills
• Use of digital tools and emerging practices in risk management



8. Practice & Application

• Case studies and scenario-based exercises
• Mock exam questions and review of PMI-RMP exam tips

• A secondary degree (high school diploma, associate’s degree, or global equivalent) with at least 36 months of project risk management experience, or a four-year degree (bachelor’s or global equivalent) with 24 months of project risk management experience.
• 40 hours of formal education in project risk management - this Merit Global training will help you with this requirement.
• Active PMI membership is recommended but not required.
• Understanding of project management principles and processes is beneficial.

• Project Managers responsible for identifying, analyzing, and mitigating project risks.
• Risk Managers and Risk Analysts in corporate or project environments.
• Program Managers and Portfolio Managers involved in risk planning and governance.
• Project team members responsible for risk assessments and reporting.
• Financial analysts, auditors, and consultants involved in risk evaluation and compliance.
• Professionals seeking to enhance their knowledge and credibility in risk management.

• PMI-RMP® exam consists of 180 multiple-choice questions, of which 175 are scored and 5 are pre-test questions.
• Exam duration is 3.5 hours.
• Exam is computer-based and can be taken at Pearson VUE test centers worldwide after completing the training.
• Questions cover risk strategy, risk identification, qualitative and quantitative risk analysis, risk response planning, and monitoring and reporting.
• Passing the exam grants the PMI-RMP® designation, demonstrating expertise in project risk management.
• Exam fee: PMI members - USD 520; Non-members - USD 670.
• Certification is valid for 3 years and requires 30 PDUs (Professional Development Units) in risk management for renewal.
• No negative marking for incorrect answers.

The PMI Risk Management Professional (PMI‑RMP®) certification, offered by the Project Management Institute (PMI), is a specialised credential that validates your expertise in identifying, analysing, and responding to project risks. It demonstrates your ability to anticipate uncertainty and make informed decisions that protect project outcomes.

PMI‑RMP focuses on advanced risk management skills — including risk strategy and planning, risk identification and analysis, risk response, and monitoring — making it ideal for project managers, risk managers, and professionals working in complex project environments across industries like finance, IT, construction, and healthcare.

PMI‑RMP certification offers strong career and salary benefits in the United States and globally. Specialised risk management skills are increasingly valued, particularly as organisations seek to reduce uncertainty and improve project outcomes:

• 1. In the U.S., PMI‑RMP‑certified professionals typically earn an average salary of around $98,000 to $118,000 per year, depending on experience, industry, and location. ([turn0search0](#))
• 2. Experienced risk professionals — especially those in senior or leadership roles such as Senior Risk Manager or Risk Management Director — can command higher salaries, often in the range of $120,000 to $150,000+, or more in top organisations.
• 3. Compared with non‑certified peers, PMI‑RMP holders can earn roughly 20–30% more throughout their careers due to specialised risk expertise that organisations prize.

Beyond salary, PMI‑RMP certification enhances your professional credibility, demonstrates your commitment to proactive risk management, and positions you as a trusted expert who can help organisations avoid delays, cost overruns, and project failures.

By earning your PMI‑RMP certification, you strengthen your ability to lead risk management initiatives, improve project success rates, and accelerate your career growth in risk‑focused roles — making you a valuable asset in today’s competitive job market.

He is a seasoned risk management professional with extensive experience in identifying, assessing and mitigating project and organizational risks across diverse industries. With deep expertise in PMI risk frameworks, quantitative and qualitative risk analysis, and real-world risk response planning, he brings practical insights that help learners apply risk management best practices with confidence. Known for his clear and engaging training approach, he breaks down complex concepts into actionable strategies that strengthen both exam readiness and on-the-job performance. His guidance equips professionals to lead risk-informed decision-making and excel in their PMI-RMP® certification journey.

By the end of this course, participants will be able to:

• Explain the purpose, value and structure of the PMI‑RMP® credential and its role in professional project risk management.
• Apply risk strategy and planning techniques to align risk activities with stakeholder expectations and organisational goals.
• Identify project risks using a variety of structured methods, tools and risk documentation practices.
• Perform qualitative and quantitative risk analysis to prioritise risks based on likelihood, impact and risk exposure.
• Develop and implement effective risk response plans that address both threats and opportunities.
• Monitor and control risk throughout the project life cycle using performance indicators and continuous risk tracking techniques.
• Facilitate engagement with stakeholders to build consensus around risk handling strategies and improve risk decision‑making.
• Demonstrate readiness for the PMI‑RMP® certification exam through targeted practice questions, mock tests and exam strategies that reflect PMI’s risk domains.