Toolkit learning

You should learn the most widespread tools and techniques of risk management to pass the PMI-RMP exam successfully and for further use in practice:

1. 1. Read the following materials given in the Reference List. If some link is broken, you can find the proper information on the PMI website.
   2. Watch Tools Video Guide about tools below. Pay Attention! The table contains most widespread tools and techniques but not all tools pointed in Outline. You should check your knowledge with the Outline.

Reference List

Sourse		Chapter
RMP-Exam-Outline		Domains and Tasks (p.4, lists of required Knowledges and Skills for each Domain)
Practice Standard for Project Risk Management	oooo	Appendix D. Tools, Techniques and Templates for Project Risk Management (p. 69)
PMBOK Guide – Sixth Edition		Appendix X6. Techniques for the Risk Management Framework (p. 127)

Video Guide

Domains	Basic Tools
(when the tool is useful)	( click the proper video link)
Domain 1: Risk Strategy and Planning	Continuous process improvement as applied to risk management Risk Breakdown Structure (RBS) Management Reserves versus Contingency Reserves
Domain 2: Stakeholder Engagement	Stakeholder Analysis Group decision making Group creativity: 1) Brainstorming 2) Mind Map 3) Nominal Group Technique
Domain 3: Risk Process Facilitation	Risk Identification: 1) Risk Identification Techniques 2) Cause and Effect Diagrams 3) SWOT Analysis 4) Affinity Diagram Qualitative Risk Aanalysis: 1) Probability and Impact Matrix 2) Root Cause Analysis 3) Pareto Analysis Quantitative Risk Analysis: 1) Decision Trees 2) Failure Analysis Techniques (FMEA, FMECA, FMEDA)
Domain 4: Risk Monitoring and Reporting	Risk Reporting (Risk Register, RAG Reports, Risk Metrics)
Domain 5: Perform Specialized Risk Analyses	Risk Identification: 1) Force Field Analysis 2) Scenario Planning 3) Delphi Technique Quantitative Risk Analysis: 1) Monte Carlo Analysis 2) Integrated Cost and Schedule Risk Analysis 3) Bow Tie Analysis Overall Project Risk Analysis: 1) Reserve Analysis 2) Taxonomy based Risk Identification Earned Value Analysis Standard Costs and Variance Analysis

 

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Help your mates to become RMPs!

We prepared the list of the most popular and comprehensible videos. Write your comment below if you know other helpful videos to learn risk management tools, techniques and templates. That would be great!