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Perform Specialized Risk Analyses (14-16%)

• 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 specialized qualitative techniques and advanced quantitative tools to measure the characteristics of recognized risks for estimating overall risk exposure of the project;
• Utilizing the advanced techniques and tools to perform the specialized risk analysis for supporting the stakeholder decision for the project.

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

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The PMI Risk Management Professional (PMI-RMP) certification validates the specialists’ expertise in identifying and evaluating project risks, mitigating threats, and capitalizing on the opportunities to enhance and protect the needs of any organization. The certificate also maintains a fundamental level of competence in all the areas of project management. To get certified, the applicants are required to meet certain educational and experience requirements as well as complete one qualifying exam.