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Course Information

Certified Risk Management Professional (CRMP) Course Outline

Module 1: Defining Risk

  • What is Risk?
  • Formula for Risk Calculation
  • What is a Hazard?
  • Risk Categories

Module 2: An Overview of Risk Management

  • What is Risk Management?
  • What is Risk Identification?
  • What is Risk Attitude?
  • What is Risk Mapping?
  • What is a Risk Management Plan?
  • Risk Map

Module 3: Why Risk Managemenist necessary?

  • Overview
  • Enhance Resilience
  • Improving Decision-making
  • Building Trust
  • Creating Opportunities
  • Meeting Stakeholder Expectations

Module 4: What makes Risk Management Worthwhile?

  • Introduction
  • Reasons Why Risk Management is Worthwhile
    • Protection of Assets
    • Cost Reduction
    • Improved Decision Making
    • Compliance
    • Competitive Advantage
    • Stakeholder Confidence

Module 5: Principles of Risk Management

  • Risk Assessment
  • Risk Mitigation
  • Risk Communication
  • Risk Monitoring
  • Integration with Business Processes
  • Continuous Improvement
  • Risk Ownership
  • Risk Culture

Module 6: Risk Management Culture

  • Key Aspects of a Risk Management Culture
  • Barriers to Risk Management
  • What Steps can be Taken?
  • What are the Benefits?
  • Developing and Demonstrating Good Risk Culture
  • Changing the Culture for Risk Management

Module 7: Risk Management Process

  • Plan Risk Management Process
  • Identify Risk Process
  • Qualitative Risk Analysis Process
  • Quantitative Risk Analysis Process
  • Plan Risk Response Process    
  • Monitor and Control Risk Process

Module 8: Assessments and Control of Risk Management

  • Risk Health Checks
  • Triggers for Health Checks
  • Risk Health Check Structure
  • Risk Maturity Models
  • KPIs and EWIs – The Value of Risk Management
  • Strategic KPIs and EWIs
  • Programme KPIs and EWIs
  • Project KPIs and EWIs
  • Operational KPIs and EWIs

Module 9: Duties and Roles Adopted

  • Senior Level
  • Management Commitment
  • Support Level Commitment

Module 10: Risk Management Tools

  • Probability Scales
  • Impact Scales
  • Probability x Impact
  • Risk Register
  • Other Tools for Identification
    • Assumptions Analysis
    • Checklist Analysis
    • Interviewing
    • Brainstorming and Prompt Lists
    • Root Cause Analysis
    • Failure Mode and Effects Analysis
    • Fault Tree Analysis
  • Contingent Response Plan
  • Tools for Monitoring and Controlling Risk

Module 11: Making Changes

  • Introduction to Decision Making
  • Decision Making Process
    • Identifying the Problem
    • Identifying and Analysing Alternatives
    • Making the Decision and Implementing it
    • Review
  • Tools and Techniques
    • Decision Tree
    • Analytic Hierarchy Process (AHP)
    • Influence Diagrams (ID)
  • Generic Response Options
    • Avoiding the Threat
    • Reducing a Threat
    • Transfer the Threat
    • Accept the Risk
    • Prepare Contingency Plans

Module 12: Communicating

  • Overview
  • Risk Communications Matrix
  • Risk Communication Procedures
    • Leadership Level
    • Senior Level
    • Management Level
    • Support Level

Module 13: Engaging with Stakeholders

  • Overview
  • Factors to Give Assurance to Stakeholders

Module 14: Economics of Risk Management

  • Monte Carlo Analysis
  • Cost-Benefit Analysis

Module 15: Application of Risk Management

  • To an Organisation
    • Risk Identification
    • Risk Assessment
    • Risk Management Planning
    • Risk Monitoring and Review
  • To a Specific Business Scenario
    • Risk Mitigation
    • Risk Monitoring and Review
    • Risk Assessment

Module 16: Overcoming Problems

  • Use a Systematic Approach
  • Foster a Risk-aware Culture
  • Use Technology
  • Regularly Review and Update Risk Management Processes
  • Involve Key Stakeholders
  • Monitor and Measure Risks

Module 17: Concluding CRMP

  • Key Points

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Who should attend this CRMP Course?  

The Certified Risk Management Professional (CRMP) Course is a valuable certification for anyone who wants to advance their career in Risk Management. The CPPM Course can benefit a wide range of professionals, including:

  • Risk Managers
  • Operational Managers
  • Business Leaders
  • Compliance Officers
  • Insurance Professionals
  • IT Professionals
  • Project Managers

Prerequisites of the CRMP Course  

There are no formal prerequisites for attending this CRMP Course. However, a basic understanding of risk management concepts can be beneficial.

Certified Risk Management Professional (CRMP) Course Overview

Risk management is the process of identifying, assessing, and controlling risks that could potentially impact an organisation's operations, assets, or reputation. Certified Risk Management Professional (CRMP) is a globally recognised certification that validates the knowledge and expertise of risk management professionals. Effective risk management is crucial for organisations to minimise potential losses and disruptions. Studying this training provides individuals with an understanding of risk management concepts, tools, and techniques, which can help them improve their risk management skills and contribute to their organisation's success. This training helps organisations develop and implement effective risk management strategies and procedures to enhance their risk management culture. Pursuing this training helps individuals enhance their career prospects, increase their earning potential, and prove their commitment to continuous professional development.

The Knowledge Academy’s 2-day Certified Risk Management Professional (CRMP) Training Course provides delegates with in-depth knowledge about fundamental concepts, categories, and processes of risk management. During this training, they will learn about the tools and techniques used in risk management, such as probability and impact scales, decision trees, and cost-benefit analysis. They will also learn about how to modify behaviour to promote effective risk management. This course will be led by our highly skilled and knowledgeable trainer, who has years of experience in teaching and will help delegates get a complete understanding of this course.

Course Objectives

  • To attain knowledge about the risk management process and principles
  • To become familiar with the tools and techniques used in risk management
  • To learn how to develop various skills for risk identification and mapping
  • To understand risk communication procedures and engage with stakeholders
  • To apply risk management to an organisation, including incident and crisis management
  • To promote an effective risk management culture through behaviour modification

After attending this training, delegates will be able to develop and implement effective risk management strategies, policies, and procedures in their organisation. They will also be able to identify and evaluate risks using various tools and techniques.

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What’s included in this CRMP Course?

  • Certified Risk Management Professional CRMP Examination
  • World-Class Training Sessions from Experienced Instructors
  • CRMP Certificate
  • Digital Delegate Pack

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Certified Risk Manager Professional (CRMP) Exam Information

To achieve the Certified Risk Management Professional (CRMP), candidates will need to sit for an examination. The exam format is as follows: 

  • Question Type: Multiple Choice 
  • Total Questions: 40 
  • Total Marks: 40 Marks 
  • Pass Mark: 65%, or 26/40 Marks 
  • Duration: 60 Minutes 
  • Open Book/ Closed Book: Open Book

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Why choose us

Ways to take this course

Our easy to use Virtual platform allows you to sit the course from home with a live instructor. You will follow the same schedule as the classroom course, and will be able to interact with the trainer and other delegates.

Our fully interactive online training platform is compatible across all devices and can be accessed from anywhere, at any time. All our online courses come with a standard 90 days access that can be extended upon request. Our expert trainers are constantly on hand to help you with any questions which may arise.

This is our most popular style of learning. We run courses in 1200 locations, across 200 countries in one of our hand-picked training venues, providing the all important ‘human touch’ which may be missed in other learning styles.

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Highly experienced trainers

All our trainers are highly qualified, have 10+ years of real-world experience and will provide you with an engaging learning experience.

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State of the art training venues

We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible

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Small class sizes

We limit our class sizes to promote better discussion and ensuring everyone has a personalized experience

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Great value for money

Get more bang for your buck! If you find your chosen course cheaper elsewhere, we’ll match it!

This is the same great training as our classroom learning but carried out at your own business premises. This is the perfect option for larger scale training requirements and means less time away from the office.

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Tailored learning experience

Our courses can be adapted to meet your individual project or business requirements regardless of scope.

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Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

This gives your team a great opportunity to come together, bond, and discuss, which you may not get in a standard classroom setting.

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Monitor employees progress

Keep track of your employees’ progression and performance in your own workspace.

What our customers are saying

Certified Risk Management Professional CRMP FAQs

Risk is the chance of somebody being injured by the danger. It also applies to businesses because businesses can also be at risk of financial loss, etc.
There are no formal prerequisites for attending the Certified Risk Management Professional (CRMP) Training Course.
This course is ideal for anyone interested in learning about risk management, but it also benefits professionals who have the responsibility of regularly making important business decisions and wish to enhance their risk management abilities and apply them to their business.
Risk management is the process of creating a complete framework to manage various financial and non-financial risks for professional or personal purposes.
This training helps individuals enhance their risk management skills and knowledge, which can help them advance their careers in risk management.
Certified Risk Management Professional course is 2 days.
Risk management helps organisations identify and manage potential risks to avoid financial, legal, or reputational harm.
In this Certified Risk Management Professional (CRMP) Training course, you will learn about the fundamentals of risk management, risk categories, risk management processes and principles, risk identification and mapping, risk communication procedures, risk management tools and techniques, and the application of risk management to specific situations.
The price for Certified Risk Management Professional CRMP certification in the United Kingdom starts from £1795
The Knowledge Academy is the Leading global training provider for Certified Risk Management Professional CRMP.

Why choose us

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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Trusted & Approved

The Knowledge Academy's M_o_R® courses are fully accredited by PeopleCert, on behalf of AXELOS.

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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