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Stakeholder Engagement (19-20%)

• Utilizing useful communication methods and sharing information on project risk performance to liaise with the stakeholders of other projects to notify them about suggestions for their projects.
• Training, coaching, and educating the stakeholders in risk processes and principles to create a common understanding of processes & principles, as well as foster involvement in risk management;
• Coaching the project team members in performing risk processes to secure the regular utilization of risk processes;
• Utilizing the interpersonal skills to develop a common understanding of the importance of risk management to foster the proper level of risk ownership, responsibility, and shared accountability;
• Promoting risk ownership by proactively communicating responsibilities and roles as well as involving project team members in the expansion of risk responses for improving the risk response execution;
• Utilizing the tools and processes such as analyzing historical stakeholder behaviors and interviewing stakeholders to assess stakeholder risk tolerance for identifying the project risk thresholds;
• Providing the risk-related advice to the stakeholders concerning risk planning and strategy, risk reporting, risk process facilitation, and functional risk tasks utilizing useful communication techniques for supporting effective risk-based decision making;
• Engaging the stakeholders on the risk prioritization process according to the stakeholder risk tolerance and different relevant standards for optimizing the consensus regarding priorities;

Reference: https://www.pmi.org/certifications/risk-management-rmp

Perform Specialized Risk Analyses (14-16%)

• Utilizing the specialized qualitative techniques and advanced quantitative tools to measure the characteristics of recognized risks for estimating overall risk exposure of the project;
• Analyzing the risk data presented during the project utilizing the expert judgment and statistical analyses for defining the weaknesses and strengths of risk strategy & processes, as well as recommending the process changes when indicated;
• Utilizing the advanced techniques and tools to perform the specialized risk analysis for supporting the stakeholder decision for the project.

If you want to highlight your skills in identifying and assessing project risks, mitigating threats, and capitalizing on opportunities, the PMI Risk Management Professional certification is ideal for you. Obtaining this certificate places you aside from other specialists and brings honor to your organization. All you have to do is pass the associated exam, which is PMI-RMP. Thus, if you’re waiting for greater recognition, this test will evaluate your expertise and help you stand out to the stakeholders, peers, and employers.