Risk Management Professional (PMI-RMP)®
Home > Computing and Information Technology > Computer certification > Risk Management Professional (PMI-RMP)®
2%
Risk Management Professional (PMI-RMP)®

Risk Management Professional (PMI-RMP)®


     0     
5
4
3
2
1



Out of Stock


Notify me when this book is in stock
X
About the Book

Learn, prepare, and practice for the Risk Management Professional (PMI-RMP)® exam success with this Cert Guide from Pearson IT Certification, a leader in IT Certification learning. Master PMI-RMP exam topics Assess your knowledge with chapter-ending quizzes Review key concepts with exam preparation tasks Practice with realistic exam questions Risk Management Professional (PMI-RMP)® Exam Cert Guide is a comprehensive exam study guide. Author and expert instructor, Carl Pritchard, shares preparation hints and test-taking tips, helping you identify areas of weakness and improve both your conceptual knowledge and hands-on skills. Material is presented in a concise manner, focusing on increasing your understanding and retention of exam topics. The book presents you with an organized test preparation routine through the use of proven series elements and techniques. Exam topic lists make referencing easy. Chapter-ending Exam Preparation Tasks help you drill on key concepts you must know thoroughly. Review questions help you assess your knowledge, and a final preparation chapter guides you through tools and resources to help you craft your final study plan. The companion website contains the powerful Pearson Test Prep practice test software, complete with hundreds of exam-realistic questions. The assessment engine offers you a wealth of customization options and reporting features, laying out a complete assessment of your knowledge to help you focus your study where it is needed most. Well regarded for its level of detail, assessment features, and challenging review questions and exercises, this study guide helps you master the concepts and techniques that will enable you to succeed on the exam the first time. This book will prepare you for the PMI-RMP® examination, enabling you to Learn the different roles in an effective project risk management organization Understand the different risk practices in waterfall, hybrid, and agile organizations Grasp the distinctions between risk appetites and attitudes Effectively identify and manage risk tolerances and triggers Get others to participate in the risk management process appropriately Identify risk using a variety of different tools Create risk registers and repositories for posterity Develop strategies and responses for both threats and opportunities Generate risk approaches based on project assumptions Analyze risks both qualitatively and quantitatively Recognize when workarounds are the only possible course of action Close out and retire risks as appropriate

Table of Contents:
Introduction xxiv Part I: Strategic Risk and Risk Planning Chapter 1 The Risk Structure 3 “Do I Know This Already?” Quiz 3 Foundation Topics 6 Risk Documentation Capture 6 Industry Benchmarks 6 Project Plans 7 Lessons Learned 7 Customer Agreements 8 Project Assumptions 8 The Project Charter 8 Risk Roles and Responsibilities 9 Risk Manager 9 Risk Owner 10 Risk Team 10 Project Roles 10 Risk Responsibilities 11 The Risk Archive 11 Risk Repository 11 Risk Register 11 Exam Preparation Tasks 14 Chapter 2 Risk Environment and Culture 19 “Do I Know This Already?” Quiz 20 Foundation Topics 23 Risk Attitude, Appetite, and Maturity 23 Tolerance 23 Threshold 23 Appetite 24 Attitude 25 Risk Maturity 25 Risk Assumptions 26 Constraint-Driven Risks 27 Stakeholders and Risk Culture 27 Salience Model 29 Stakeholder Tolerances 30 Risk Owners 31 Stakeholder Risk Planning 32 Program Stakeholders 33 Portfolio Stakeholders 33 Data Processing 33 Organizational Infrastructure 33 Communication 34 Facilities, Equipment, and Hardware 34 Capacity 34 Exam Preparation Tasks 35 Chapter 3 Tolerance, Thresholds, and Triggers 39 “Do I Know This Already?” Quiz 39 Foundation Topics 43 Risk Absorption 43 Organizational and Project Risk Tolerance 44 Organizational Risk Tolerance 44 Project Risk Tolerance 45 Thresholds 45 Triggers 46 Recognizing and Resolving Cultural Discord 46 Exam Preparation Tasks 48 Chapter 4 Strategic Risk 53 “Do I Know This Already?” Quiz 54 Foundation Topics 57 Risk Process Alignment 57 Risk Management Planning 57 Risk Identification 57 Risk Analysis 57 Qualitative Analysis 58 Quantitative Analysis 58 Risk Response Development 59 Risk Response Implementation and Control 59 Risk Process Tools 59 Risk Sources and Their Roles 60 Risk Alliances 61 Exam Preparation Tasks 62 Chapter 5 The Risk Management Plan (RMP) 67 “Do I Know This Already?” Quiz 68 Foundation Topics 72 The Three R's: RAM, RACI, and RBS 72 Responsibility Assignment Matrix (RAM) 72 RACI (Responsible Accountable Consult Inform) Chart 73 The Risk Breakdown Structure 74 Risk Responsibility and Accountability 75 Risk Responsibility in the Risk Management Plan 75 Risk Accountability in the Risk Management Plan 76 Risk Communication Documentation 77 The Author 78 The Timing 78 The Recipients 78 Communications Modes 79 Risk Education and Training 80 Exam Preparation Tasks 82 Chapter 6 Connecting Others in Risk 87 “Do I Know This Already?” Quiz 87 Foundation Topics 91 Stakeholders and Their Roles 91 Strategic Risk and the Stakeholders 92 Team Engagement in Appetites, Attitudes, and Priorities 93 Forming 93 Storming 93 Norming 93 Performing 94 Adjourning 94 Team-Driven Data-Gathering Techniques 94 Brainstorming 94 Nominal Group Technique 95 Focus Groups 95 Interviews 96 The Delphi Technique 96 Meetings 96 Rules of Engagement 98 Tolerance Rules 98 Trigger Rules 99 Escalation Rules 99 Reporting Rules 100 Information–Sharing Rules 100 Risk Education Beyond the Strategic 100 Exam Preparation Tasks 101 Part II: Risk Identification Chapter 7 Practical, Team-Based Risk Identification 107 “Do I Know This Already?” Quiz 108 Foundation Topics 111 Identification Approaches 111 Mind Mapping 111 Affinity Diagram 112 Root Cause Analysis 113 Checklist Analysis 115 Assumptions Analysis 115 SWOT Analysis 116 Expert Judgment 117 The Risk Questions 117 Preliminary Data Analysis 118 The Risk Register 119 Exam Preparation Tasks 120 Chapter 8 Constraints and Assumptions 125 “Do I Know This Already?” Quiz 125 Foundation Topics 129 Constraints as Risk Drivers 129 Known-Knowns 129 Unknown-Knowns 130 Unknown-Unknowns 130 Known-Unknowns 131 Pure Versus Business or Speculative Risk 131 Changes in Constraints 131 Assumptions as Identified Risks 132 The Open Assumptions and Constraints Discussion 133 Assumptions, Constraints, Tolerances, and Thresholds 133 Exam Preparation Tasks 134 Chapter 9 Applying Triggers and Thresholds 139 “Do I Know This Already?” Quiz 139 Foundation Topics 143 Compliance and the Implications of Tolerance 143 Tolerance- and Threshold-Driven Triggers 144 Visible Triggers 144 Physical Triggers 144 Stakeholder-Driven Triggers 145 Exam Preparation Tasks 146 Chapter 10 The Risk Register 151 “Do I Know This Already?” Quiz 151 Foundation Topics 155 Register Functionality 155 Register Categories 156 Risk ID 157 Risk Event 157 Probability 157 Impact 158 Urgency 158 Propinquity 158 Proximity 159 Dormancy 159 Manageability and Controllability 159 Connectivity 159 Detectability (FMEA) 160 Strategic Impact 160 Overall Risk 160 Priority 161 Risk Owner 161 Area(s) Impacted 161 Escalation 161 Response Strategy Type 162 Response Strategy Narrative Description 163 Implementation Schedule 163 Implementation Review 163 Retirement Criteria 163 Follow-up 164 Outcome 164 Archival Location 164 Risk Classification 164 Exam Preparation Tasks 165 Part III: Risk Analytics Chapter 11 Risk Qualification 171 “Do I Know This Already?” Quiz 172 Foundation Topics 176 Risk Sorting 176 Taxonomic Review 176 Risk Management Plan Application 177 Risk Ranking 181 Group Risk Ranking 181 Individual Risk Ranking 181 Fist to Five 182 Dot Voting 182 Roman Voting 183 Consensus 183 Nominal Group Technique 183 Stakeholder-Based Ranking Support 184 Exam Preparation Tasks 184 Chapter 12 Risk Quantification 191 “Do I Know This Already?” Quiz 192 Foundation Topics 197 Performance Data and Its Implications 197 Waterfall Performance Data 197 Budget at Completion 198 Planned Value 198 Earned Value 198 Actual Costs 199 Schedule Variance and Schedule Performance Index 199 Cost Variance and Cost Performance Index 199 Estimate at Completion 200 To-Complete Performance Index 201 Agile Performance Data 201 Sprint Completion 201 User Stories Completion 202 Story Point Completion 203 General Versus Detailed Quantitative Analysis 203 General Analysis 204 Detailed Analysis 209 Sensitivity Analysis Tools 210 Monte Carlo Sensitivity Analysis 210 Tornado Diagram 211 Network Diagram Sensitivity Analysis (Critical Path) 211 Ishikawa Diagram Analysis (Root Cause) 212 Decision Tree Analysis 212 Relative Risk Weight and Priority 214 Exam Preparation Tasks 214 Chapter 13 Risk Complexity, Assessment, and Analysis 221 “Do I Know This Already?” Quiz 221 Foundation Topics 226 Risk Complexity 226 Root Cause Analysis (Ishikawa) 226 SWOT Analysis 226 Tree Diagrams 227 Fault Trees 228 Decision Trees 229 Risk Interconnectedness 231 Risk at the Organizational Level 232 Threat Versus Opportunity 233 Exam Preparation Tasks 234 Part IV: Risk Management and Resolution Chapter 14 Response Planning 239 “Do I Know This Already?” Quiz 240 Foundation Topics 244 Opportunity Versus Threat Strategies 244 Opportunity Strategies 244 Passive Acceptance 244 Active Acceptance 245 Exploitation 245 Enhancement 245 Sharing 246 Escalation 246 Threat Strategies 246 Avoidance 247 Mitigation 248 Transfer 248 Escalation 249 Action Plans and Risk Owners 249 Action Plans 249 Agile Action Plans 250 Predictive Action Plans 250 Risk Owners 250 Resolution Metrics and Communication 251 Resolution Metrics and Evaluation 251 Workarounds 253 Response Communication 253 Organizational Impacts 254 Tolerances 254 Policy 254 Compliance 254 Objectives 255 Exam Preparation Tasks 255 Chapter 15 Response Implementation 261 “Do I Know This Already?” Quiz 262 Foundation Topics 266 Response Plans Versus Contingencies 266 Stakeholder Response Reactions 267 Nature of the Response 267 Personal/Professional Implementation Involvement 268 Personal/Professional Tolerances 269 Residual Risk and Its Implications 270 Secondary Risk and Its Implications 270 Exam Preparation Tasks 271 Part V: Tracking and Closing Out Risks Chapter 16 Data Collection 277 “Do I Know This Already?” Quiz 277 Foundation Topics 282 Gathering Information 282 Data Sources 282 Degrees of Accuracy 283 Ranking Approach Efficacy 284 High-Probability Risk Realization 284 High-Impact Risk Realization 285 Resilience 286 Anti-fragility 286 Overall Risk and Project Influence 286 Contrasting Project and Organizational Risk 288 Project Risks in an Organizational Context 289 Organizational Risk Taking in a Project Context 289 Organizational Aspects as Risk Sources/Drivers 290 Rewards in Risk–Reward 290 Rewards to Offset Risks 291 Exam Preparation Tasks 292 Chapter 17 The Leftovers and the Latecomers 299 “Do I Know This Already?” Quiz 300 Foundation Topics 305 Residuals and Deductibles 305 Deployed and Undeployed Responses 305 Intended and Unintended Outcomes 306 Residual Project and Organizational Risk 306 Residual Financial Risk 307 Residual Quality Risk 307 Residual Reputational Risk 307 Response-Generated Risks 308 Risk Environment and Response-Generated Risk 308 Specific Responses That Generate Risk 309 Firm-Fixed Price Contracts 309 Fixed-Price Economic Adjustment (FPEA) Contracts 309 Fixed-Price Incentive Fee (FPI or FPIF) Contracts 310 Cost-Plus Incentive Fee (CPIF) Contracts 310 Cost-Plus Award Fee (CPAF) Contracts 311 Cost-Plus Fixed Fee (CPFF) Contracts 311 Time and Materials (T&M) Contracts 311 Cost-Plus Percentage of Cost (CPPC) Contracts 312 Contract Type Summary 312 Late Risk Reporting 314 Risk Register Updates 314 Workaround Reporting 316 Exam Preparation Tasks 317 Chapter 18 Sharing Risk Information 323 “Do I Know This Already?” Quiz 324 Foundation Topics 329 Risk Reporting 329 Qualitative Data Gathering and Reporting: Predictive 329 Qualitative Data Gathering and Reporting: Adaptive 330 Quantitative Data Gathering and Reporting: Predictive 330 Quantitative Data Gathering and Reporting: Adaptive 331 Related Document Updates 332 Management Plan Updates 332 Lessons Learned Updates 333 Change Log Updates 333 Project-wide Risk Updates 334 How Has the Project Gone? 334 What Risks Remain? 334 What's the Likelihood of Success? 335 Organization-wide Risk Updates 336 Organizational Impact Risks 336 Personnel/Stakeholders Risk Updates 336 Deliverables Organizational Risks (Quality) 337 System Life Cycle Risk Updates 337 Unanticipated Overuse 338 Environmental/Technical/Organizational Change 338 Updated Risks to the Project Management Culture 340 Cultural “Get Away with It” Risk Updates 340 Misapplication Risk Updates 340 Tolerance Updates 341 Exam Preparation Tasks 341 Part VI: Final Preparation Chapter 19 Final Preparation 347 Suggested Plan for Final Review and Study 347 Summary 348 Appendix A Answers to the “Do I Know This Already?” Quizzes and Review Questions 349 Appendix B PMI-RMP (Risk Management Professional) Cert Guide Exam Updates 377 Glossary of Key Terms 379 ONLINE ELEMENTS APPENDIX C Study Planner Glossary of Key Terms 9780138108472 TOC 3/7/2023

About the Author :
Carl Pritchard, PMI-RMP, PMP is a thought leader in the risk management community, where he has been involved for 30 years. He has written eight books and led training around the globe for the Project Management Institute, as well as for private clients. In 2019, PMI global awarded him the Eric Jenett Project Management Excellence Award, citing him as the “Best of the Best” in project management. Considered the “fun guy” of project risk management, Carl is a sought-after speaker and has presented keynote addresses for major conferences and corporate all-hands meetings. Carl is honored by his long-term relationships with PMI chapters in upstate New York, Baltimore, Pittsburgh, and the greater Washington, DC area. He resides in the mountains of western Maryland with his wife, Nancy. Additional information about Carl's current activities can be found at carlpritchard.com, and you can follow Carl on Twitter @rmpprep.


Best Sellers


Product Details
  • ISBN-13: 9780138108335
  • Publisher: Pearson Education (US)
  • Publisher Imprint: Pearson IT Certification
  • Language: English
  • ISBN-10: 0138108331
  • Publisher Date: 17 Aug 2023
  • Binding: Digital download


Similar Products

Add Photo
Add Photo

Customer Reviews

REVIEWS      0     
Click Here To Be The First to Review this Product
Risk Management Professional (PMI-RMP)®
Pearson Education (US) -
Risk Management Professional (PMI-RMP)®
Writing guidlines
We want to publish your review, so please:
  • keep your review on the product. Review's that defame author's character will be rejected.
  • Keep your review focused on the product.
  • Avoid writing about customer service. contact us instead if you have issue requiring immediate attention.
  • Refrain from mentioning competitors or the specific price you paid for the product.
  • Do not include any personally identifiable information, such as full names.

Risk Management Professional (PMI-RMP)®

Required fields are marked with *

Review Title*
Review
    Add Photo Add up to 6 photos
    Would you recommend this product to a friend?
    Tag this Book Read more
    Does your review contain spoilers?
    What type of reader best describes you?
    I agree to the terms & conditions
    You may receive emails regarding this submission. Any emails will include the ability to opt-out of future communications.

    CUSTOMER RATINGS AND REVIEWS AND QUESTIONS AND ANSWERS TERMS OF USE

    These Terms of Use govern your conduct associated with the Customer Ratings and Reviews and/or Questions and Answers service offered by Bookswagon (the "CRR Service").


    By submitting any content to Bookswagon, you guarantee that:
    • You are the sole author and owner of the intellectual property rights in the content;
    • All "moral rights" that you may have in such content have been voluntarily waived by you;
    • All content that you post is accurate;
    • You are at least 13 years old;
    • Use of the content you supply does not violate these Terms of Use and will not cause injury to any person or entity.
    You further agree that you may not submit any content:
    • That is known by you to be false, inaccurate or misleading;
    • That infringes any third party's copyright, patent, trademark, trade secret or other proprietary rights or rights of publicity or privacy;
    • That violates any law, statute, ordinance or regulation (including, but not limited to, those governing, consumer protection, unfair competition, anti-discrimination or false advertising);
    • That is, or may reasonably be considered to be, defamatory, libelous, hateful, racially or religiously biased or offensive, unlawfully threatening or unlawfully harassing to any individual, partnership or corporation;
    • For which you were compensated or granted any consideration by any unapproved third party;
    • That includes any information that references other websites, addresses, email addresses, contact information or phone numbers;
    • That contains any computer viruses, worms or other potentially damaging computer programs or files.
    You agree to indemnify and hold Bookswagon (and its officers, directors, agents, subsidiaries, joint ventures, employees and third-party service providers, including but not limited to Bazaarvoice, Inc.), harmless from all claims, demands, and damages (actual and consequential) of every kind and nature, known and unknown including reasonable attorneys' fees, arising out of a breach of your representations and warranties set forth above, or your violation of any law or the rights of a third party.


    For any content that you submit, you grant Bookswagon a perpetual, irrevocable, royalty-free, transferable right and license to use, copy, modify, delete in its entirety, adapt, publish, translate, create derivative works from and/or sell, transfer, and/or distribute such content and/or incorporate such content into any form, medium or technology throughout the world without compensation to you. Additionally,  Bookswagon may transfer or share any personal information that you submit with its third-party service providers, including but not limited to Bazaarvoice, Inc. in accordance with  Privacy Policy


    All content that you submit may be used at Bookswagon's sole discretion. Bookswagon reserves the right to change, condense, withhold publication, remove or delete any content on Bookswagon's website that Bookswagon deems, in its sole discretion, to violate the content guidelines or any other provision of these Terms of Use.  Bookswagon does not guarantee that you will have any recourse through Bookswagon to edit or delete any content you have submitted. Ratings and written comments are generally posted within two to four business days. However, Bookswagon reserves the right to remove or to refuse to post any submission to the extent authorized by law. You acknowledge that you, not Bookswagon, are responsible for the contents of your submission. None of the content that you submit shall be subject to any obligation of confidence on the part of Bookswagon, its agents, subsidiaries, affiliates, partners or third party service providers (including but not limited to Bazaarvoice, Inc.)and their respective directors, officers and employees.

    Accept

    New Arrivals


    Inspired by your browsing history


    Your review has been submitted!

    You've already reviewed this product!