Perform Specialized Risk Analyses (14-16%)

• Utilizing the specialized qualitative techniques and advanced quantitative tools to measure the characteristics of recognized risks for estimating overall risk exposure of the project;
• Analyzing the risk data presented during the project utilizing the expert judgment and statistical analyses for defining the weaknesses and strengths of risk strategy & processes, as well as recommending the process changes when indicated;
• Utilizing the advanced techniques and tools to perform the specialized risk analysis for supporting the stakeholder decision for the project.

Reference: https://www.pmi.org/certifications/risk-management-rmp

PMI Risk Management Professional PMI-RMP Exam

PMI Risk Management Professional PMI-RMP Exam which is related to PMI Risk Management Professional Certification. This exam validates the Candidate knowledge of Project risk management processes, frameworks, basic project management theory, methodologies, and practice, Risk principles and guidelines as described in ISO31000, Communication tools,channels and models, techniques and Facilitation tools, Negotiation tools, leadership theory as it relates to risk management, Organizational theory as it relates to risk management, Risk taxonomy, PMI Code of Ethics and Professional Conduct.

If you want to highlight your skills in identifying and assessing project risks, mitigating threats, and capitalizing on opportunities, the PMI Risk Management Professional certification is ideal for you. Obtaining this certificate places you aside from other specialists and brings honor to your organization. All you have to do is pass the associated exam, which is PMI-RMP. Thus, if you’re waiting for greater recognition, this test will evaluate your expertise and help you stand out to the stakeholders, peers, and employers.

PMI-RMP Exam Overview

The PMI-RMP exam is for individuals with a professional background in project risk management. The bigger and the more complex your past projects were, the more suited you are for the PMI-RMP certificate. To be eligible for such a certification, you need to meet specific prerequisites as listed below:

1. If you have a secondary degree such as a high school diploma, you also need to have:

• worked as a project manager for 36 months in the past 5 years;
• undergone project risk management education for at least 40 hours.

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