Qualitative Risk Analysis – Risk Management (PMI-RMP)

Analyze risks better

Course Overview:

What you’ll learn

  • The subjective nature of qualitative analysis and the objective, numerical focus of quantitative analysis..
  • The importance of early risk analysis.
  • Success factors for effective risk analysis.
  • The responsibilities in the risk management process by roles such as Risk Manager, Risk Owner, and Risk Analyst.
  • Importance of stakeholder engagement in risk analysis.
  • Tools and techniques for qualitative risk analysis.
  • Importance of documentation throughout the project lifecycle.
  • Risk categories and RBS (Risk Breakdown Structure).
  • Data representation tools like probability and impact matrix, hierarchical charts and affinity diagram.
  • Enterprise environmental factors (EEFs).
  • Organizational Process Assets (OPAs).
  • Importance of facilitation skills in risk workshops.
  • Expert judgment and its application on qualitative risk analysis.
  • Importance of risk data quality assessment.
  • Analytic hierarchy process (AHP).
  • Nominal Group Technique (NGT).

Course Content

  • Introduction –> 3 lectures • 12min.
  • Risk Management Components –> 17 lectures • 1hr 19min.
  • Wrapping up the Course –> 1 lecture • 1min.

Qualitative Risk Analysis - Risk Management (PMI-RMP)


Course Overview:

This course offers a practical approach to qualitative risk analysis. It is aligned with Risk Management Professional Exam of PMI (Project Management Institute). It’s designed for project professionals seeking PMI-RMP certification as well as enhancing their risk management skills.

What You’ll Learn:

  • Risk Analysis Basics: Understand the core principles of risk analysis, differentiating between qualitative and quantitative methods.
  • PMI’s Approach: Learn how qualitative risk analysis fits within the PMI framework, focusing on PMI’s guidelines for risk management.
  • Key Components for Success: Identify critical factors for effective risk analysis, including agreed-upon approaches and definitions, accurate risk data, and iterative analysis throughout the project.
  • Tools and Techniques: Explore PMI-endorsed tools and techniques for assessing and prioritizing risks based on their impact and likelihood.
  • Documentation and Reporting: Learn how to update project documents according to PMI standards, ensuring your risk management efforts are well-documented.

Who Should Enroll:

Ideal for project managers, risk managers, risk analysts and anyone involved in project risk management looking to enhance their careers and align their practices with PMI standards.


Participants will gain the skills to conduct qualitative risk analysis effectively, make informed decisions, and implement risk management strategies that align with PMI’s best practices.


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