NTUC LearningHub

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

  • Knowledge, Skills & Experience
    • To ensure your success in this course, you should have a basic understanding of project management concepts and/or working experience with project management.  This can be achieved by attending:

IBFIT08 Project Management for All / IBFIT31 Certified Agile Professionala

    • To sit for the official PMI-RMP certification exam, candidates must satisfy the following criteria:
  • A degree
  • At least 3,000 hours spent in the specialized area of professional project risk management within the last five consecutive years
  • 30 contact hours of formal education in the specialized area of project risk management.

*This course qualifies for 30 Contact Hours of formal project risk management education, satisfying the Project Management Institute PMI-RMP Exam requirement.

— OR —

  • A high school diploma (equivalent to GCE O-Level) or an associate’s degree (or global equivalent)
  • At least 4,500 hours spent in the specialized area of professional project risk management within the last five consecutive years
  • 40 contact hours of formal education in the specialized area of project risk management
    • As this is an intensive 4-day course, please commit to the full 4-day schedule as absence or breaks in between would likely be disruptive to your learning journey.
  • 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 75% 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 75% 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 (before 31st Dec – 8% GST applies)
    For exam purchases, NTUC LHUB must receive payment by 31st December 2023
    [You are encouraged to make payment ahead of time]
    before GST after GST
    PMI member Exam Fee $767.59 $829.01    Buy now
    Non-PMI member Exam Fee $974.60 $1052.57             Buy now
    Exam Fee (from 1st Jan – 9% GST applies)
    For exam purchases, from 1st January 2024
    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
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