Risk Management Professional (PMI-RMP)

A PMI® Registered Training Course

Risk Management Professional (PMI-RMP)

Dealing Effectively with Portfolio, Program and Project Risks

PMI® Registered Training Courses
Risk Management Professional (PMI-RMP)

Scheduled Dates

Classroom

06 - 10 Oct 2025London - UK$5,950RESERVE A SEAT
24 - 28 Nov 2025Dubai - UAE$5,950RESERVE A SEAT
26 - 30 Jan 2026Milan - Italy$5,950RESERVE A SEAT
04 - 08 May 2026London - UK$5,950RESERVE A SEAT
08 - 12 Jun 2026Dubai - UAE$5,950RESERVE A SEAT
10 - 14 Aug 2026Istanbul - Turkey$5,950RESERVE A SEAT
31 Aug - 04 Sep 2026Dubai - UAE$5,950RESERVE A SEAT
05 - 09 Oct 2026London - UK$5,950RESERVE A SEAT
23 - 27 Nov 2026Dubai - UAE$5,950RESERVE A SEAT

Online

24 - 28 Nov 2025Online$3,950RESERVE A SEAT
08 - 12 Jun 2026Online$3,950RESERVE A SEAT
23 - 27 Nov 2026Online$3,950RESERVE A SEAT

Would an alternative date be more suitable?

We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.

In-House Solutions ›

Why Choose this Training Course?

Risk management is an integral part of project management. Risks should be identified and managed proactively in projects before they become issues leading to delays, cost overruns or functionality issues. Risks are also present on the program level and portfolio level; unmanaged risks on program level may lead to uncoordinated management of shared resources and issues leading to compromising the benefits delivery expected from the group of projects, while unmanaged risks on portfolio level may lead to missing the alignment with strategic objectives.

This Risk Management Professional (PMI-RMP) training course will provide the concepts, models, methods, and artifacts used to manage risks from creating a risk management strategy to risk closure.

This PetroKnowledge training course will highlight:

  • Risk Strategy and Planning
  • Risk Identification
  • Risk Analysis
  • Risk Response Planning and Implementation
  • Risk Monitoring and Closure
  • Relation between project risk and Enterprise Risk Management (ERM)

What are the Goals?

At the end of this Risk Management Professional (PMI-RMP) training course, you will learn to: 

  • Understand and elaborates upon the core concepts and fundamentals of risk management;
  • Describes the risk management relations within portfolio, program, and project environments; and ultimately with the Enterprise Risk Management (ERM)
  • Define and apply the risk management life cycle and related processes;;
  • Apply risk management concepts, techniques, tools, processes, and good practices while executing a portfolio, program, or project management plan.
  • Get prepared for the PMI-Risk Management Professional Certification (PMI-RMP)

Who is this Training Course for?

This Risk Management Professional (PMI-RMP) training course is intended for a wide-range of professionals starting from senior managers considering risk management in selecting and authorizing project up to the project teams in the trenches using risk management in planning and executing projects different industries covering ICT projects, business transformation projects, construction and Oil and Gas, projects; including but not limited to:

  • Senior Managers and Portfolio Governance Board Members
  • Program Managers, their Teams
  • Project Managers, their Teams
  • PMO Directors and Staff
  • Functional Managers in Engineering, Finance and Procurement
  • Contract Specialists, Contract Engineers, Planners and Cost Estimators

How will this Training Course be Presented?

This Risk Management Professional (PMI-RMP) training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes:

  • Training provided via an interactive traditional class-room format 
  • Facilitation by tackling issues faced by participants in managing their project risks
  • Use of practical local and international case studies to reinforce learning

Organisational Impact

By attending these course, your organization will benefit from:

  • Reducing the organization’s exposure to risks and its impacts and exploiting the opportunities by applying international best practices
  • Deliver the target benefits and objectives of your projects, programs and portfolio
  • Customizing the organizations risk management strategy and risk management methodology according to your needs
  • Effectively handling the escalated risks from project level to program level or to the organization level based on risk scope and the degree of authority
  • Saving precious executive time used in handling risks and missed opportunities

Personal Impact

By attending these course, you will benefit from:

  • Increasing your awareness of negative risks and opportunities
  • Understanding your roles in risk management planning and executing it as part of the project management plan
  • Understanding and applying various risk response strategies such as avoidance, mitigation, transfer, acceptance and escalation
  • Professionalism in drafting contract conditions to mitigate risks and reduce claims
  • Building a career in risk management by getting an international certificate

Daily Agenda

Day One: The Foundation and Strategies for Risk Management
  • Course objectives and introduction
  • Definitions: uncertainty; risk; and risk attitude, appetite and threshold
  • Risk management in organizations, portfolio, program and project levels
  • Assessing overall business environment and its impact on risks
  • Establish risk management strategy and documenting the risk management plan
  • Workshop: Sample risk management plan
  • How to prepare and apply for the PMI-RMP certification exam
Day Two: Risk Identification in Collaboration with Stakeholders
  • Communicate and engage stakeholders in risk management
  • Identify stakeholder risk attitude, appetite, and threshold
  • Identify risks using workshops, focus groups, Delphi and other exercises
  • Review documents and examine assumptions and constraints
  • Develop risk register, and assign responsibilities
  • Workshop: Risk register for the case study project
Day Three: Estimate the Risk Impact on Schedule and Cost
  • Create the Work Breakdown Structure (WBS)
  • Define activities and their logical sequence
  • Develop project schedule and CPM Analysis
  • Estimate costs: cost types and estimate techniques
  • Create the integrated performance measurement baseline
  • Overview of the Earned Value Management (EVM)
  • Workshop: CPM and EVM workshop
Day Four: Risk Analysis and Risk Response Planning
  • Perform risk classification based on the risk category
  • Qualify and prioritize risks based on probability and impact matrix
  • Perform quantitative risk analysis 
  • Assess overall threats and opportunities and their impact on project objectives 
  • Workshop: Update risk register after qualitative analysis
  • Workshop: Risk simulation using Monte Carlo technique
  • Select the appropriate risk responses for threats and opportunities
Day Five: Monitor and Close Risks
  • Create and implement Risk Action Plans (RAPs)
  • Risk response quiz
  • Monitor response implementation 
  • Manage residual and secondary risks
  • Audit and report overall project risk levels
  • Overall review and Q/A session
  • Course Closure

Certificate

  • On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
  • On successful completion of this PetroKnowledge training course, Certificate with eligible Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI®), will be awarded to the delegates

Accreditation

PMI® Registered Training Courses

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Frequently Asked Questions

Why PetroKnowledge?

PetroKnowledge is a globally recognized provider of training courses for oil and gas professionals, offering a wide range of specialized training courses designed to enhance knowledge, skills, and expertise in the energy sector. With courses tailored to meet the evolving demands of the oil and gas industry, PetroKnowledge helps professionals stay up-to-date with industry standards, technological advancements, and best practices.

Who are these training courses designed for?

Our courses are specifically developed for professionals in the oil and gas industry, including engineers, technical staff, managers, and other specialists looking to advance their careers. Whether you’re a seasoned expert or new to the sector, our training for oil and gas professionals is suited to individuals at all stages of their professional journey.

Are the courses delivered online or in person?

PetroKnowledge offers flexible learning solutions with both online courses and in-person training options. Online courses for oil and gas professionals provide the flexibility to learn from anywhere, while in-person courses offer a hands-on, interactive learning environment. Each training course page provides detailed information on the delivery format, allowing you to choose the option that best meets your learning style and schedule

Can I get a customized training course for my team?

Yes, PetroKnowledge offers customized in-house training solutions for organizations looking to upskill their teams. We work closely with companies to design bespoke training courses for oil and gas professionals that address specific challenges and objectives. Whether you need on-site training or online solutions, we can tailor the training courses to suit your organization’s needs.

Are there any prerequisites for attending a course?

Certain advanced training courses for oil and gas professionals may require prior experience or technical knowledge. These prerequisites ensure that participants can fully benefit from the course content. We recommend reviewing the course description on the relevant page to determine if any prerequisites apply to your selected course.

How can I enroll in a course?

Enrolling in one of our training courses for oil and gas professionals is simple and convenient. Navigate to the specific course page, click “Enroll Now,” and complete the registration form. You will receive a confirmation email with further details on how to proceed.

You may also get in touch with our Registration Team on
+971 50 981 7386 | +971 2 557 7389 or send an email to [email protected]

When should I expect to receive confirmation of registration?

Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.

Will I receive a certificate after completing the course?

Yes, upon successful completion of our courses for professionals in the oil and gas industry, you will receive an industry-recognized certificate from PetroKnowledge. This certification is designed to validate your skills and knowledge and can significantly enhance your professional credentials, boosting your career prospects in the competitive oil and gas sector.

When and how do I arrange payments?

We offer two convenient payment options:

  • Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
  • Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.

What is the refund or cancellation policy?

Pre-Course Cancellation

Our refund and cancellation policy varies depending on the course and circumstances. Generally, cancellations made at least 21 days before the training are eligible for a refund, less any administrative fees. 

Refund Policy Disclaimer

All course bookings made through PetroKnowledge are non-refundable. By registering for a course, you acknowledge and accept that fees are payable in full and are not subject to refund under any circumstances, including but not limited to participant dissatisfaction, changes in personal or professional circumstances, or partial attendance.

PetroKnowledge reserves the right to make reasonable adjustments to course content, trainers, or schedules where necessary, without entitling delegates to a refund. Full details of each course – including objectives, target audience, and content – are clearly outlined prior to enrolment, and it is the responsibility of the delegate to ensure suitability before booking.

If you have any specific inquiries about the cancellation or refund, don’t hesitate to contact our support team, who can assist with your booking and cancellation queries.

Is there a discount for more than one registrant/course?

For corporate fees and group registration, please send your query to [email protected].

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