PMI RISK MANAGEMENT PROFESSIONAL (PMIRMP)® (SF) (SYNCHRONOUS E-LEARNING)

PMI RISK MANAGEMENT PROFESSIONAL (PMIRMP)® (SF) (SYNCHRONOUS E-LEARNING)

Funded

Course Duration

32.0 hr(s)

Mode of Assessment

Students will be required to complete two online assessments during class.

  1. Practical performance assessment
  2. Written assessment

Who Should Attend

The PMI Risk Management Professional (PMI-RMP®) certification is designed for professionals responsible for identifying, assessing, and mitigating project risks in technology, engineering, finance, and complex project environments. This course is particularly beneficial for:

  • Project & Program Managers – Leading risk planning, mitigation, and response strategies in Agile, hybrid, or traditional projects.
  • IT & Digital Transformation Managers – Managing cybersecurity risks, cloud migration risks, and AI-driven risk assessment.
  • Engineering & Infrastructure Project Managers – Overseeing risk management in large-scale automation, industrial, and infrastructure projects.
  • PMO Leaders & Compliance Officers – Implementing enterprise risk governance and ensuring regulatory compliance.
  • Risk Specialists & Financial Analysts – Conducting project risk analysis in IT, finance, and strategic business initiatives.

What's In It for Me

  • Learn about risk management framework
  • Learn the PMI methodology of risk management
  • Prepare for the PMI-RMP certification exam

Course Overview

The PMI Risk Management Professional (PMI-RMP) highlights your ability to identify and assess project risks, mitigate threats and capitalize on opportunities.

It acknowledges the individual’s unique expertise on the project team while demonstrating the recognition and value the role provides to the project management profession. In this role, an individual has more competence in the specialized area of assessing and identifying project risks while mitigating threats and capitalizing on opportunities than a general practitioner and yet, also maintains a basic level of competence in all areas of project management.

Employers can trust certification holders to possess the skills, knowledge and experience to contribute directly to their crucial projects. This global certification also supports individuals in meeting organizational needs; organizations can be confident in hiring capable, experienced project risk management practitioners as well as having a means for a career development path.

This course will help participants to prepare for PMI-RMP examination. After the 4 days course and with some self-review, participants will be equipped with adequate knowledge to prepare themselves for the exam.

NTUC LearningHub is an Authorized Training Partner (ATP) for Project Management Institute (PMI), USA and our Provider ID is 3163.

In Partnership with

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Next available schedule

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Course Objectives

This course will enable participants to:

  1. Understand what PMI Risk framework is
  2. Understand the various processes in risk management
  3. Understand the concepts of risk processes
  4. Have an idea about exam eligibility and criteria

Pre-requisites

The PMI-RMP course is designed for professionals with prior experience in risk assessment, project execution, or strategic planning. While no prior certification is required, participants will benefit most if they have:

  • Fundamental Knowledge of Project Risk Management – Understanding of risk identification, qualitative & quantitative analysis, and mitigation planning.
  • Experience in Risk-Intensive Projects – Prior exposure to projects with high uncertainty, dependencies, or regulatory constraints.
  • Familiarity with Risk Management Frameworks & Tools – Knowledge of risk registers, Monte Carlo simulations, decision tree analysis, and risk response strategies.
  • Experience with Project Management & Risk Tools – Hands-on exposure to Microsoft Project, Primavera, Jira, RiskyProject, or similar tools.
  • Awareness of Enterprise Risk Management (ERM) – Understanding of financial, operational, cybersecurity, and regulatory risks affecting projects.

PMI’s Formal PMI-RMP Exam Eligibility Criteria
To qualify for the PMI Risk Management Professional (PMI-RMP®) certification, candidates must meet one of the following experience and education requirements:

Option A:

  • High school diploma, secondary school diploma, or global equivalent
  • 36 months (3 years) of project risk management experience within the last 5 years
  • 40 hours of formal project risk management education/training

Option B:

  • Bachelor’s degree or higher (or global equivalent)
  • 24 months (2 years) of project risk management experience within the last 5 years
  • 30 hours of formal project risk management education/training

Option C (For GAC-Accredited Programs):

  • Bachelor’s degree or higher (or global equivalent) from a PMI GAC-accredited program
  • 12 months (1 year) of project risk management experience within the last 5 years
  • 30 hours of formal project risk management education/training

By completing this course, you will fulfill a significant portion of required risk management education hours needed for PMI-RMP exam eligibility.

Pre-Course Preparation (Recommended but Optional)

  • Review the PMI Risk Management Standard to understand global best practices in project risk management.
  • Familiarise yourself with key risk analysis techniques (Monte Carlo simulation, sensitivity analysis, risk probability impact matrix).
  • Explore sample PMI-RMP exam questions to understand the exam structure and question difficulty.
  • For beginners, completing Certified Associate in Project Management (CAPM®) before enrolling in PMI-RMP training is recommended to build foundational project management knowledge.

Hardware & Software

This course will be conducted as a Virtual Live Class (VLC) via Zoom platform. Participants must own a Zoom account and have a laptop or a desktop with “Zoom Client for Meetings” installed. This can be downloaded from https://zoom.us/download.

System Requirement

Must Have:
Please ensure that your computer or laptop meets the following requirements.

  • Operating system: Windows 10 or MacOS (64 bit or above)
  • Processor/CPU: 1.8 GHz, 2-core Intel Core i3 or higher
  • Minimum 20 GB hard disk space.
  • Minimum 8 Gb RAM
  • Webcam (The camera must be turned on for the duration of the class)
  • Microphone
  • Internet Connection: Wired or Wireless broadband
  • Latest version of Zoom software to be installed on computer or laptop prior to the class.

Good to Have:

  • Wired internet connection
    Wired internet will provide you with stable and reliable connection.
  • Dual monitors
    Using a dual monitor setup will undoubtedly improve your training experience, enabling you to simultaneously participate in hands-on exercises and maintain engagement with your instructor.

Not Recommended:
Using tablets is not recommended due to their smaller screen size, which could cause eye strain and discomfort over the course of the program's duration.

 

Course Outline

  • Project management knowledge areas
  • Importance of Risk
  • Plan Risk Management
  • Risk management plan
  • Stakeholder management
  • Communicational needs
  • Reporting formats
  • Reporting frequency
  • Identify Risks
  • Gathering techniques
  • Analysis techniques
  • Evaluation techniques
  • Perform Qualitative Risk Analysis
  • Data quality assessment
  • Probability analysis
  • Impact analysis
  • P * I Analysis
  • Perform Quantitative Risk Analysis
  • Sensitivity analysis
  • Variance analysis
  • Statistical analysis
  • Plan Risk Responses
  • Positive risk responses
  • Negative risk responses
  • Implement risk responses
  • Risk register
  • Contingency plans
  • Fall back plans
  • Workarounds
  • Control Risk
  • Audits
  • Reassessment
  • Variance and trend analysis
  • Reserve analysis

Certificate Obtained and Conferred by

  • Certificate of Completion from NTUC LearningHub
    Upon meeting 90% attendance and passing the assessment(s), participants will receive a Certificate of Completion from NTUC LearningHub.
  • Statement of Attainment from SkillsFuture Singapore
    Upon meeting at least 90% attendance and passing the assessment(s), participants will receive a Statement of Attainment from SkillsFuture Singapore to certify that the participant has achieved the following Competency Standard(s):

- ICT-SCM-3003-1.1 Procurement
- ICT-SCM-3004-1.1 Stakeholder management

  • External Certification
    Exam Fee (USD)
    Non-refundable and Non-transferable
      Before GST After GST  
    PMI member Exam Fee $767.59 $836.67 Buy now
    Non-PMI member Exam Fee $974.60 $1062.31 Buy now

Fees and Funding

Medium of Instruction: English

Trainer: Trainee Ratio: 1:25

Mode of Delivery: Virtual Live Class (VLC) via Zoom

As this is a government-subsidised programme, the entire training programme will be video-recorded for audit purposes by the relevant funding agency. To ascertain their presence, Trainees / Participants are required to:

  • Turn on the web camera to show real-time video, as opposed to using a profile picture/video (jpg/jpeg, gif, or png image file) for the entirety of the training and assessment session.
  • Ensure that their faces are fully visible (not just the forehead/eyebrows).
  • Use their full name as per NRIC / Passport as their Screen Name on Zoom.

Courseware:

  1. Learner’s Resources on Canvas
  2. The Standard for Risk Management in Portfolios, Programs, and Projects book

Professional Development Units (PDUs):

Upon successful completion of this course, participants will receive 28 PDUs. You may claim the PDUs on PMI’s portal with the following details:

  • Provider ID: 3163
  • Activity ID: NICF037
  • Activity Name: NICF - PMI Risk Management Professional (PMI-RMP)® (SF)

Price

Course Fee and Government Subsidies
  Individual Sponsored Company Sponsored
Non-SME SME
Before GST After GST Before GST After GST Before GST After GST

Full Course Fee

(For Foreigners and those not eligible for subsidies)

 $1,750.00 $1,907.50 $1,750.00 $1,907.50 $1,750.00 $1,907.50

For Singapore Citizens aged 39 years and below
and
For all Singapore Permanent Residents

(The minimum age for individual sponsored trainees is 21 years)

 $875.00 $1,032.50 $875.00 $1,032.50 $525.00 $682.50

For Singapore Citizens aged 40 years and above

 $525.00 $682.50 $525.00 $682.50 $525.00 $682.50

Funding Eligibility Criteria

Individual Sponsored Trainee Company Sponsored Trainee
  • Singapore Citizens or Singapore Permanent Residents
  • From 1 October 2023, attendance-taking for SkillsFuture Singapore's (SSG) funded courses must be done digitally via the Singpass App. This applies to both physical and synchronous e-learning courses.
  • Trainee must pass all prescribed tests / assessments and attain 100% competency.
  • NTUC LearningHub reserves the right to claw back the funded amount from trainee if he/she did not meet the eligibility criteria.

As this course is funded by SSG under Tier 1 funding, individuals need to meet the following requirements:

  • Currently employed in the ICT Sub-Sector or in ICT related job roles and seeking to upgrade skills.
  • Currently employed in industries other than ICT Sub-Sector but seeking to acquire new skills and switch careers to the ICT Sub-Sector or take on ICT related job roles or use ICT skills.
  • Unemployed and seeking to enter the ICT Industry or take on ICT related job roles.
  • Singapore Citizens or Singapore Permanent Residents
  • From 1 October 2023, attendance-taking for SkillsFuture Singapore's (SSG) funded courses must be done digitally via the Singpass App. This applies to both physical and synchronous e-learning courses.
  • Trainee must pass all prescribed tests / assessments and attain 100% competency.
  • NTUC LearningHub reserves the right to claw back the funded amount from the employer if trainee did not meet the eligibility criteria.

As this course is funded by SSG under Tier 1 funding, corporate companies must ensure that their employees meet the following criteria:

  • Companies operating within the ICT sector or those with ICT-related job roles can receive funding to upskill their employees and enhance their workforce capabilities.
  • Companies outside the ICT sector that are looking to train their employees in ICT-related skills to support digital transformation, technology adoption, or career transitions into ICT job functions.
  • Companies hiring new employees into ICT-related roles can leverage Tier 1 funding to train and equip their workforce with essential digital and ICT skills.

Remarks

Individual Sponsored Trainee Company Sponsored Trainee

SkillsFuture Credit:

  • Eligible Singapore Citizens can use their SkillsFuture Credit to offset course fee payable after funding.

UTAP:

  • This course is eligible for Union Training Assistance Programme (UTAP).
  • NTUC members can enjoy up to 50% funding (capped at $250 per year) under UTAP.

PSEA:

  • To check for Post-Secondary Education Account (PSEA) eligibility for this course, visit:
    (a) SkillsFuture (TGS-2018505017) for Live Online Class
  • Scroll down to "Keyword Tags" to verify for PSEA eligibility.
  • If there is “PSEA” under keyword tags, the course is eligible for PSEA.
  • And if there is no “PSEA” under keyword tags, the course is ineligible for PSEA.
  • Not all courses are eligible for PSEA funding.

Absentee Payroll (AP) Funding:

  • $4.50 per hour, capped at $100,000 per enterprise per calendar year.
  • AP funding will be computed based on the actual number of training hours attended by the trainee.
  • Note: Courses / Modules under Professional Conversion Programme (PCP) will not be eligible for AP funding claim.

Terms & Conditions apply. NTUC LearningHub reserves the right to make changes or improvements to any of the products described in this document without prior notice.

Prices are subject to other LHUB miscellaneous fees.

PMI, the PMI logo, PMBOK, CAPM, Certified Associate in Project Management (CAPM), PMP, Project Management Professional (PMP), Project Management Professional, the PMP logo, PMI-ACP, PMI Agile Certified Practitioner, PMI-RMP, PMI Risk Management Professional (PMI-RMP) are marks of Project Management Institute, Inc.

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