Risk Management Professional (PMI-RMP)®1st edition by Carl Pritchard – Ebook PDF Instant Download/DeliveryISBN: 0138108331, 9780138108335
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ISBN-10 : 0138108331
ISBN-13 : 9780138108335
Author : Carl Pritchard
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
Risk Management Professional (PMI-RMP)®1st Table of contents:
Part I: Strategic Risk and Risk Planning
Chapter 1: The Risk Structure
“Do I Know This Already?” Quiz
Foundation Topics
Risk Documentation Capture
Industry Benchmarks
Project Plans
Lessons Learned
Customer Agreements
Project Assumptions
The Project Charter
Risk Roles and Responsibilities
Risk Manager
Risk Owner
Risk Team
Project Roles
Risk Responsibilities
The Risk Archive
Risk Repository
Risk Register
Exam Preparation Tasks
Review All the Key Topics
Key Terms You Should Know
Review Questions
Chapter 2: Risk Environment and Culture
“Do I Know This Already?” Quiz
Foundation Topics
Risk Attitude, Appetite, and Maturity
Tolerance
Threshold
Appetite
Attitude
Risk Maturity
Risk Assumptions
Constraint-Driven Risks
Stakeholders and Risk Culture
Salience Model
Stakeholder Tolerances
Risk Owners
Stakeholder Risk Planning
Program Stakeholders
Portfolio Stakeholders
Data Processing
Organizational Infrastructure
Communication
Facilities, Equipment, and Hardware
Capacity
Exam Preparation Tasks
Review All the Key Topics
Key Terms You Should Know
Review Questions
Chapter 3: Tolerance, Thresholds, and Triggers
“Do I Know This Already?” Quiz
Foundation Topics
Risk Absorption
Organizational and Project Risk Tolerance
Organizational Risk Tolerance
Project Risk Tolerance
Thresholds
Triggers
Recognizing and Resolving Cultural Discord
Exam Preparation Tasks
Review All the Key Topics
Key Terms You Should Know
Review Questions
Chapter 4: Strategic Risk
“Do I Know This Already?” Quiz
Foundation Topics
Risk Process Alignment
Risk Management Planning
Risk Identification
Risk Analysis
Qualitative Analysis
Quantitative Analysis
Risk Response Development
Risk Response Implementation and Control
Risk Process Tools
Risk Sources and Their Roles
Risk Alliances
Exam Preparation Tasks
Review All the Key Topics
Key Terms You Should Know
Review Questions
Chapter 5: The Risk Management Plan (RMP)
“Do I Know This Already?” Quiz
Foundation Topics
The Three R’s: RAM, RACI, and RBS
Responsibility Assignment Matrix (RAM)
RACI (Responsible Accountable Consult Inform) Chart
The Risk Breakdown Structure
Risk Responsibility and Accountability
Risk Responsibility in the Risk Management Plan
Risk Accountability in the Risk Management Plan
Risk Communication Documentation
The Author
The Timing
The Recipients
Communications Modes
Risk Education and Training
Exam Preparation Tasks
Review All the Key Topics
Key Terms You Should Know
Review Questions
Chapter 6: Connecting Others in Risk
“Do I Know This Already?” Quiz
Foundation Topics
Stakeholders and Their Roles
Strategic Risk and the Stakeholders
Team Engagement in Appetites, Attitudes, and Priorities
Forming
Storming
Norming
Performing
Adjourning
Team-Driven Data-Gathering Techniques
Brainstorming
Nominal Group Technique
Focus Groups
Interviews
The Delphi Technique
Meetings
Rules of Engagement
Tolerance Rules
Trigger Rules
Escalation Rules
Reporting Rules
Information–Sharing Rules
Risk Education Beyond the Strategic
Exam Preparation Tasks
Review All the Key Topics
Key Terms You Should Know
Review Questions
Part II: Risk Identification
Chapter 7: Practical, Team-Based Risk Identification
“Do I Know This Already?” Quiz
Foundation Topics
Identification Approaches
Mind Mapping
Affinity Diagram
Root Cause Analysis
Checklist Analysis
Assumptions Analysis
SWOT Analysis
Expert Judgment
The Risk Questions
Preliminary Data Analysis
The Risk Register
Exam Preparation Tasks
Review All the Key Topics
Key Terms You Should Know
Review Questions
Chapter 8: Constraints and Assumptions
“Do I Know This Already?” Quiz
Foundation Topics
Constraints as Risk Drivers
Known-Knowns
Unknown-Knowns
Unknown-Unknowns
Known-Unknowns
Pure Versus Business or Speculative Risk
Changes in Constraints
Assumptions as Identified Risks
The Open Assumptions and Constraints Discussion
Assumptions, Constraints, Tolerances, and Thresholds
Exam Preparation Tasks
Review All the Key Topics
Key Terms You Should Know
Review Questions
Chapter 9: Applying Triggers and Thresholds
“Do I Know This Already?” Quiz
Foundation Topics
Compliance and the Implications of Tolerance
Tolerance- and Threshold-Driven Triggers
Visible Triggers
Physical Triggers
Stakeholder-Driven Triggers
Exam Preparation Tasks
Review All the Key Topics
Key Terms You Should Know
Review Questions
Chapter 10: The Risk Register
“Do I Know This Already?” Quiz
Foundation Topics
Register Functionality
Register Categories
Risk ID
Risk Event
Probability
Impact
Urgency
Propinquity
Proximity
Dormancy
Manageability and Controllability
Connectivity
Detectability (FMEA)
Strategic Impact
Overall Risk
Priority
Risk Owner
Area(s) Impacted
Escalation
Response Strategy Type
Response Strategy Narrative Description
Implementation Schedule
Implementation Review
Retirement Criteria
Follow-up
Outcome
Archival Location
Risk Classification
Exam Preparation Tasks
Review All the Key Topics
Key Terms You Should Know
Review Questions
Part III: Risk Analytics
Chapter 11: Risk Qualification
“Do I Know This Already?” Quiz
Foundation Topics
Risk Sorting
Taxonomic Review
Risk Management Plan Application
Risk Ranking
Group Risk Ranking
Individual Risk Ranking
Fist to Five
Dot Voting
Roman Voting
Consensus
Nominal Group Technique
Stakeholder-Based Ranking Support
Exam Preparation Tasks
Review All the Key Topics
Key Terms You Should Know
Review Questions
Chapter 12: Risk Quantification
“Do I Know This Already?” Quiz
Foundation Topics
Performance Data and Its Implications
Waterfall Performance Data
Budget at Completion
Planned Value
Earned Value
Actual Costs
Schedule Variance and Schedule Performance Index
Cost Variance and Cost Performance Index
Estimate at Completion
To-Complete Performance Index
Agile Performance Data
Sprint Completion
User Stories Completion
Story Point Completion
General Versus Detailed Quantitative Analysis
General Analysis
Detailed Analysis
Sensitivity Analysis Tools
Monte Carlo Sensitivity Analysis
Tornado Diagram
Network Diagram Sensitivity Analysis (Critical Path)
Ishikawa Diagram Analysis (Root Cause)
Decision Tree Analysis
Relative Risk Weight and Priority
Exam Preparation Tasks
Review All the Key Topics
Key Terms You Should Know
Review Questions
Chapter 13: Risk Complexity, Assessment, and Analysis
“Do I Know This Already?” Quiz
Foundation Topics
Risk Complexity
Root Cause Analysis (Ishikawa)
SWOT Analysis
Tree Diagrams
Fault Trees
Decision Trees
Risk Interconnectedness
Risk at the Organizational Level
Threat Versus Opportunity
Exam Preparation Tasks
Review All the Key Topics
Key Terms You Should Know
Review Questions
Part IV: Risk Management and Resolution
Chapter 14: Response Planning
“Do I Know This Already?” Quiz
Foundation Topics
Opportunity Versus Threat Strategies
Opportunity Strategies
Passive Acceptance
Active Acceptance
Exploitation
Enhancement
Sharing
Escalation
Threat Strategies
Avoidance
Mitigation
Transfer
Escalation
Action Plans and Risk Owners
Action Plans
Agile Action Plans
Predictive Action Plans
Risk Owners
Resolution Metrics and Communication
Resolution Metrics and Evaluation
Workarounds
Response Communication
Organizational Impacts
Tolerances
Policy
Compliance
Objectives
Exam Preparation Tasks
Review All the Key Topics
Key Terms You Should Know
Review Questions
Chapter 15: Response Implementation
“Do I Know This Already?” Quiz
Foundation Topics
Response Plans Versus Contingencies
Stakeholder Response Reactions
Nature of the Response
Personal/Professional Implementation Involvement
Personal/Professional Tolerances
Residual Risk and Its Implications
Secondary Risk and Its Implications
Exam Preparation Tasks
Review All the Key Topics
Key Terms You Should Know
Review Questions
Part V: Tracking and Closing Out Risks
Chapter 16: Data Collection
“Do I Know This Already?” Quiz
Foundation Topics
Gathering Information
Data Sources
Degrees of Accuracy
Ranking Approach Efficacy
High-Probability Risk Realization
High-Impact Risk Realization
Resilience
Anti-fragility
Overall Risk and Project Influence
Contrasting Project and Organizational Risk
Project Risks in an Organizational Context
Organizational Risk Taking in a Project Context
Organizational Aspects as Risk Sources/Drivers
Rewards in Risk–Reward
Rewards to Offset Risks
Exam Preparation Tasks
Review All the Key Topics
Key Terms You Should Know
Review Questions
Chapter 17: The Leftovers and the Latecomers
“Do I Know This Already?” Quiz
Foundation Topics
Residuals and Deductibles
Deployed and Undeployed Responses
Intended and Unintended Outcomes
Residual Project and Organizational Risk
Residual Financial Risk
Residual Quality Risk
Residual Reputational Risk
Response-Generated Risks
Risk Environment and Response-Generated Risk
Specific Responses That Generate Risk
Firm-Fixed Price Contracts
Fixed-Price Economic Adjustment (FPEA) Contracts
Fixed-Price Incentive Fee (FPI or FPIF) Contracts
Cost-Plus Incentive Fee (CPIF) Contracts
Cost-Plus Award Fee (CPAF) Contracts
Cost-Plus Fixed Fee (CPFF) Contracts
Time and Materials (T&M) Contracts
Cost-Plus Percentage of Cost (CPPC) Contracts
Contract Type Summary
Late Risk Reporting
Risk Register Updates
Workaround Reporting
Exam Preparation Tasks
Review All the Key Topics
Key Terms You Should Know
Review Questions
Chapter 18: Sharing Risk Information
“Do I Know This Already?” Quiz
Foundation Topics
Risk Reporting
Qualitative Data Gathering and Reporting: Predictive
Qualitative Data Gathering and Reporting: Adaptive
Quantitative Data Gathering and Reporting: Predictive
Quantitative Data Gathering and Reporting: Adaptive
Related Document Updates
Management Plan Updates
Lessons Learned Updates
Change Log Updates
Project-wide Risk Updates
How Has the Project Gone?
What Risks Remain?
What’s the Likelihood of Success?
Organization-wide Risk Updates
Organizational Impact Risks
Personnel/Stakeholders Risk Updates
Deliverables Organizational Risks (Quality)
System Life Cycle Risk Updates
Unanticipated Overuse
Environmental/Technical/Organizational Change
Updated Risks to the Project Management Culture
Cultural “Get Away with It” Risk Updates
Misapplication Risk Updates
Tolerance Updates
Exam Preparation Tasks
Review All the Key Topics
Key Terms You Should Know
Review Questions
Part VI: Final Preparation
Chapter 19: Final Preparation
Suggested Plan for Final Review and Study
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