The Professional Risk Management (RMP) Program aims to:

1- Understand basic risk management concepts, including risk definition, classification, analysis, assessment, and handling.

2- Apply different tools and techniques available for risk analysis and assessment, such as SWOT analysis, PESTLE analysis, and quantitative and qualitative evaluation techniques.

3- Learn how to develop effective strategies to handle and mitigate potential risks in organizations and projects.

4- Understand and apply the legal and regulatory framework governing risk management in various industries and sectors.

5- Enhance students' communication and negotiation skills to ensure that stakeholders understand risks and communicate effectively with them.

6- Promote cultural awareness of risks and the necessity of managing them effectively in different cultures and work environments.

7- Enhance students' ability to make informed decisions based on comprehensive risk analysis and assessment.

8- Develop leadership skills in risk management, including the ability to motivate teams and make difficult decisions.

9- Apply principles of sustainability and social responsibility in risk management, including providing sustainable solutions and balancing current and future needs.

10- Enhance ethical culture and orientations in risk management, encouraging appropriate and ethical decision-making in the face of various challenges.

11- Encourage creative and innovative thinking in applying new and effective risk management strategies.

12- Develop students' ability to self-learn and continuously develop their skills and knowledge in risk management.

13- Enable business professionals and project managers to master the science and art of project risk management.

Domain 1: Risk Strategy and Planning

• Perform a Preliminary Document Analysis
• Assess the Project Environment for Threats and Opportunities
• Confirm Risk Thresholds Based on Risk Appetites
• Establish a Risk Management Strategy
• Document the Risk Management Plan
• Plan and Lead Risk Management Activities with Stakeholders

Domain 2: Risk Identification

• Conduct Risk Identification Exercises
• Examine Assumption and Constraint Analyses
• Document Risk Triggers and Thresholds Based on Context/Environment
• Develop a Risk Register

Domain 3: Risk Analysis

• Perform Qualitative Analysis
• Perform Quantitative Analysis
• Identify Threats and Opportunities

Domain 4: Risk Response

• Plan Risk Response
• Implement Risk Response

Domain 5: Monitor and Close Risks

• Gather and Analyse Performance Data
• Monitor Residual and Secondary Risks
• Provide Information Required to Update Relevant Project Documents
• Monitor Project Risk Levels