Your Guide to Business Analysis Tools for 2025
January 29, 2025
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This course is part of Risk Management Professional (PMI-RMP®) Certification Course Specialization
Instructor: LearnKartS
Included with
Recommended experience
Intermediate level
Project managers
Risk Managers
Anyone who wants to learn about Risks and Risk Management
Anyone who is preparing for PMI-RMP® certification
Recommended experience
Intermediate level
Project managers
Risk Managers
Anyone who wants to learn about Risks and Risk Management
Anyone who is preparing for PMI-RMP® certification
Understand the fundamentals of Risk Analysis.
Master Qualitative Risk Analysis Techniques such as FMEA or Fault Tree Analysis and Affinity Diagrams for effective risk prioritization.
Explore Quantitative Risk Analysis Techniques, including Monte Carlo simulations, PERT, and advanced sensitivity analyses.
Learn to apply Waterfall and Agile Model Metrics to assess risk impacts on schedules, budgets, and project performance.
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January 2025
15 assignments
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This course covers third domain of PMI-RMP® Exam Content Outline (ECO)-2022.
Unravel the intricacies of precision and strategic risk analysis in this Risk Analysis course! This course of Risk Analysis forms a core aspect of the PMI-RMP® specialization, arming you to use very powerful tools and techniques to appraise risk quantitatively as well as qualitatively. You’ll learn advanced techniques like Monte Carlo simulations and Fault Tree Analysis through interactive lessons, practice assignments, and graded quizzes. Learn to apply Waterfall and Agile metrics, such as earned value and schedule variance, to measure and predict risk impacts. Further, elaborate your analytical skills by venturing deep into sensitivity analysis and decision-making frameworks such as Ishikawa diagrams and Network diagrams. By the end of this course, you’ll be able to: • Analyze risks using qualitative methods such as FMEA and Affinity Diagrams. • Use quantitative risk analysis techniques, such as Monte Carlo simulations and PERT. • Assess project risks with Agile and Waterfall metrics, including budget and schedule performance indices. • Prioritize and categorize risks to align with organizational objectives. • Estimate contingency reserves and perform comprehensive impact analysis. • Educate and empower stakeholders to foster a proactive risk management culture. Take your risk management skills to the next level. Enroll in the Risk Analysis course today!
This module covers a comprehensive range of techniques essential for effective risk analysis, beginning with the risk analysis process, qualitative risk analysis techniques, and advanced methodologies such as FMEA, the Analytic Hierarchy Process (AHP), Affinity diagrams, Influence diagrams, System Dynamics, and Risk Ranking.
15 videos6 assignments
This module starts with an in-depth exploration of quantitative risk analysis and the application of Waterfall model metrics. Learners gain expertise in metrics such as budget at completion, earned value, and cost variance. The module introduces advanced quantitative techniques, including Monte Carlo simulations, PERT analysis, and sensitivity analyses using Tornado diagrams.
27 videos1 reading9 assignments
LearnKartS is a Certification Prep company specializing in Cloud Computing Certifications in AWS, Azure, GCP, Project Management certificates - PMI specific - PMP, PgMP and RMP, and Salesforce certifications. Our state-of-the-art exam simulator engine helps you to identify weak areas along with loads of other analysis to crack the certification in the very first attempt.
LearnKartS
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LearnKartS
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LearnKartS
Course
New York Institute of Finance
Specialization
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This course is the fourth course in the PMI-RMP® specialization course. Hence, this course requires you to have basic understanding of concepts covered in the first 3 courses - Project Management and Risk Fundamentals, Risk Strategy and Planning, and Risk Identification.
Yes, you will receive the course certificate upon completing the videos and quizzes provided in the course.
While completing this course and other courses in the PMI-RMP® specialization provides valuable knowledge and skills aligned with the PMI-RMP® exam content, certification is awarded by the Project Management Institute (PMI®) upon successful completion of the RMP® exam and meeting other eligibility criteria set by PMI®.
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
If you subscribed, you get a 7-day free trial during which you can cancel at no penalty. After that, we don’t give refunds, but you can cancel your subscription at any time. See our full refund policy.
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.
Financial aid available,