PMI-RMP® Exam Simulator

The PMI Risk Management Professional (PMI-RMP®) certification validates advanced skills in identifying, analyzing, responding to, and monitoring project risks. This course equips participants with practical tools, globally recognized methodologies, and comprehensive exam readiness, fully aligned with PMI’s latest Exam Content Outline (ECO).

Foundations & Exam Readiness

• PMI’s Code of Ethics & Professional Conduct: responsibility, respect, fairness, honesty in risk practices
• Introduction to PMI-RMP® Certification and its corporate relevance
• Eligibility, application process, and PMI membership benefits
• Overview of exam domains, tasks, and weightage
• Project Risk Management fundamentals within the PMBOK® framework
• Key terminologies, study resources, and preparation strategies
• Practice assignments, domain-based quizzes, and mock tests

Domain I: Risk Strategy and Planning (22%)

Objective: Establish a robust foundation for risk governance and strategic planning.

• Perform preliminary document analysis (benchmarks, lessons learned, historical data)
• Assess project environment: OPA, EEF, methodologies (Agile, Hybrid, Waterfall)
• Determine risk appetite, culture maturity, and organizational thresholds
• Confirm and align project risk thresholds with enterprise strategy
• Develop a comprehensive risk management strategy, roles, and responsibilities
• Create and document a risk management plan (RACI, RBS, communication plan, templates)
• Plan and lead stakeholder-driven risk management activities
• Tools & Techniques: SWOT, PESTLE, Delphi, RBS, governance frameworks

Domain II: Risk Identification (23%)

Objective: Identify and classify potential project threats and opportunities.

• Conduct structured risk identification workshops (brainstorming, interviews, focus groups)
• Perform assumption and constraint analysis to uncover hidden risks
• Document risk triggers, thresholds, and impacts
• Develop and maintain a comprehensive risk register
• Classify risks as threats or opportunities across project categories (technical, organizational, environmental)
• Engage stakeholders in transparent identification processes

Domain III: Risk Analysis (23%)

Objective: Evaluate risks to understand their probability, impact, and overall exposure.

• Perform qualitative analysis: probability-impact matrix, risk prioritization criteria
• Execute quantitative analysis: Monte Carlo, sensitivity analysis, decision trees, EMV
• Conduct trend and forecast analysis using historical and current risk data
• Categorize and classify risks using RBS and ordinal/nominal frameworks
• Identify and analyze threats and opportunities affecting cost, schedule, quality, and compliance
• Align risk analysis results with organizational strategic objectives

Domain IV: Risk Response (13%)

Objective: Design and implement strategies to mitigate threats and maximize opportunities.
• Develop risk response strategies: avoid, transfer, mitigate, accept (negative risks) and exploit, enhance, share, accept (positive risks)
• Establish contingency and fallback plans with clear ownership
• Assign responsibilities via responsibility matrices (RACI, RAM)
• Implement response actions, monitor effectiveness, and adjust strategies
• Evaluate impact of responses on probability, cost, schedule, and overall exposure
• Communicate outcomes with risk burndown charts and dashboards

Domain V: Monitor and Close Risks (19%)

Objective: Continuously track, measure, and close risks across the project lifecycle.

• Monitor performance data, triggers, and early warning indicators
• Track residual and secondary risks, and update risk registers accordingly
• Conduct risk audits, variance analysis, and trend analysis
• Report risk exposure and status using heat maps, dashboards, and scorecards
• Provide input to update project plans, lessons learned, and change logs
• Ensure governance alignment and close out expired risks

Integrated Risk Management Case Study

• End-to-end simulation of risk management across project phases
• Apply RBS, risk registers, Monte Carlo simulation, and dashboards to a real-world scenario
• Align project risk practices with organizational strategy, compliance, and governance
• Peer discussions, facilitator coaching, and exam-style case-based questions

Certification Preparation & Exam Success Tools

• Detailed breakdown of PMI-RMP® ECO domains, tasks, and enablers
• Step-by-step guidance on application and exam preparation
• Hands-on practice with risk management tools (RBS, registers, heat maps, simulations)
• Mock exams and timed practice tests with analytics and improvement roadmaps

Learning Outcomes

By completing this course, participants will be able to:
Develop and implement comprehensive risk management plans
Identify, analyze, and categorize project risks effectively
Apply quantitative and qualitative analysis techniques
Design and execute effective risk responses
Monitor and report risks throughout the project lifecycle
Confidently pass the PMI-RMP® exam with proven strategies

👉 This curriculum ensures participants not only prepare for the PMI-RMP® certification exam but also apply risk management principles to improve real-world project outcomes.