Certified Risk Management Professional CRMP

Certified Risk Management Professional CRMP 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 is Risk Management 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 

What You’ll Learn in this Course

This course takes you from understanding the fundamentals of professional risk management to applying structured frameworks across real-world organisational environments. Each stage develops your ability to identify, assess, and control risks effectively while improving strategic decision-making and resilience. 
 

• Learn the core principles and framework of risk management 

• Learn how to identify, analyse, and evaluate potential organisational risks 

• Learn to plan effective risk responses and mitigation strategies 

• Learn to apply CRMP principles across projects, operations, and enterprise levels 

• Learn to monitor, review, and improve risk management performance 

• Learn how to align risk management with strategic and business objectives 

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  

• Type: Open Book