Monday, May 10, 2021

Course Comparison: RMP 30 Contact Hours Vs. RMP Live Lessons

 

After availability of two new courses on Risk Management Professional (RMP) exam - RMP 30 Contact Hours Online and RMP Live Lessons, I’ve been getting these two questions from aspiring PMI-RMPs. These are important and pertinent questions.

Which course to go for RMP - RMP 30 Contact Hours or RMP Live Lessons? 
What are the differences?


Do note that both these courses are unique and are ONLY such courses in the world. No one gives moneyback guarantee (but everyone claims to give!), without a number of terms and conditions. Both these courses come with full moneyback guarantee. These are simple, direct and upfront moneyback guarantees. 

Both these courses are now being used by aspiring PMI-RMPs around the world, to clear the RMP exam and/or earn the RMP 30 contact hours certificate.

Fundamental Difference

First and foremost, these two courses vary with their goal(s) and objective(s) with the associated motto. 

For RMP 30 Contact Hours, we have:

  • One Goal: Get the 30 contact hours with complete satisfaction. 
  • One Objective: Get the 30 RMP contact hours in 6 months.
  • One Motto: Don’t just get casually trained for 30 contact hours. Understand fully, learn strongly and prepare well for your RMP exam.

You learn more on it, in this video: https://www.youtube.com/watch?v=TQ3Bj9MhJ9k

For RMP Live Lessons, we have:

  • One Goal: You clear the RMP exam. 
  • Two Objectives: 1) Get the RMP Contact Hours Certificate. 2) Crack the RMP exam in 6 months.
  • One Motto: Learn deeply and use it to clear the RMP Exam.

You learn more on it, in this video: https://www.youtube.com/watch?v=3UqZp8Z8lWw

You can see all the sample videos in this playlist:
Sample Video Playlist for RMP Live Lessons - 27 Videos

Note: A number of videos from the above playlist are also part of RMP 30 Contact Hours Online Course.

With this background, let's see the other main differences.

Other Main Differences

I’ve outline other main differences in the below two tables. Actually, it’s one table, but I’ve segregated them into two in order to have better visibility and understanding.

The second part of this table is noted below.

Now, time a for reality check!

A Reality Check 

As noted earlier, almost everyone claims to give moneyback guarantee and create some thousands of RMPs every year. Like Project Management Certification (PMP) exam, if you search the web, or open social media, you will find a number of successs stories! 

Also, there are providers who are selling courses as low as $10 or $15 USD (Rs 700 to Rs 1,000 INR). However with such courses, you understand little to nothing. Passing the exam remains a very distant dream -- many cases actually a pipe-dream -- with such courses. For example, for PMP, the $10-providers have thousands and thousands of subscribers, but very few actual PMPs. 

Let’s take the data from PMI on RMP credential holders. As of 2020, there are just over 6,000 RMPs, worldwide. But there are thousands and thousands of providers such as ATPs and REPs. If you consider all providers, the numbers will be much more. This is shown in the below snippet.

It means one ATP or REP, on an average, can’t even enable one RMP in years. Re-read the previous line -- in years of their operations! This is really bad and becomes worse considering their advertisements. 

I believe the providers can do it because they have a lot of external money coming-in. With large funding, they can have a number of advertisements and social media posts, which are mostly fakes.  

With such kind of marketing schemes ($10/$15 USD), two make money, because they get 100,000s of subsribers by enticement of low cost courses.  

  1. The external funders.
  2. The founders looking for quick buck and exit.

But, you -- the customer and course subscribers -- get nothing of real value. This is evident with very low number of RMPs, but thousands of subscribers in those providers' portals. 

Management teaches you an important lesson: Time is more important than moeny. Cost can be recovered, resources can be hired, scope can be added, but you can not recover the lost time.

A high quality course with high quality questions take enormous time to prepare. To prepare these courses, I've learned and practiced for years. These courses have taken me months to build -- even with my deep learning on risk management. As a reader or learner, this is the time (the time I spent working on the course and content) you save. The time saved for you will be in years.


Conclusion

I’ve enabled many RMPs, who have used my book, I Want To Be A RMP and/or Practical RMP with Primavera Risk Analysis course over years to clear the RMP exam. 

Few of them written their RMP Success Stories.

When you purchase the courses, I’m also involved with you throughout your journey. Many providers can’t do that, because they don’t have the subject matter understanding. They are merely course aggregators.

For these two new courses, I've informed the goals and objectives. I've also outlined other differences. These, I believe, will help you to choose the course of your choice.

With either of these courses, I firmly believe that you:

  • Get the best value for your money.
  • Will have the content with the latest risk management standards, practice guides and the needed books.
  • Will understand the content clearly, which boosts your confidence. 

Above all, if you prepare sincerely, you have a fair chance to clear the RMP exam and be a certified PMI-RMP.


RMP Live Lessons - Guaranteed Pass:

RMP 30 Contact Hours Course:

Friday, April 30, 2021

Nine More Sample Videos: RMP Live Lessons – Guaranteed Pass

 

This is in continuation of the following posts: 

In this post, 9 more sample videos have been made public. The access to these videos is completely free and can be seen at the YouTube channel of Management Yogi.

The videos are from:

  • Lesson – 4: Risk Management Framework and Life Cycle (2 videos)
    • Video: 4.1.11 Enterprise Risk Management (ERM) Fundamentals
    • Video: 4.1.13 Combining All - PPP Risk Management and ERM
  • Lesson – 5: Risk Management and Other Knowledge Areas (2 videos)
    • Video: 5.2.22 Risk Management on Comms. Management (1) [from Part - 2]
    • Video: 5.2.23 Risk Management on Comms. Management (2) [from Part - 2]
  • Lesson – 7: Risk Identification (2 videos)
    • Video: 7.1.6 Identify Risks Process - Why Do It?
    • Video: 7.1.11 Non-Risk Items
  • Lesson – 8: Risk Qualification (1 video)
    • Video: 8.1.16 Analyzing a Populated Risk Score Matrix
  • Lesson – 14: Various Risk Management Exercises (2 videos)
    • Video: 14.1.7 Risk Management - I&O Exercises
    • Video: 14.1.15 Risk Management - Flow Diagram Exercises (3)

You can check these videos one by one.

Part 1 of this series: Sample Videos from RMP Live Lessons 

Part 2 of this series: Sample Videos from RMP Live Lessons 


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Videos: Lesson 4 – Risk Management Framework and Life Cycle 

Video 4.1.11 Enterprise Risk Management (ERM) Fundamentals (5m:06s)

In the current RMP exam, you can expect questions on the Enterprise Risk Management (ERM), which is an advanced topic. A new risk management standard has been made available for this risk. This video explains the fundamentals of ERM.


Video 4.1.13 Combining All - PPP Risk Management and ERM (2m:28s)

Enterprise risk management includes portfolio risk management, program risk management and project risk management. This takes a consolidated view for ERM along with portfolios, programs and projects.


To know more Enterprise Risk Management, you can refer the latest article: 

Enterprise Risk Management (ERM) and Risk Governance

Do note that the above article also covers Risk Governance, along with one video on the differences between Risk Governance and Risk Management. 

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Videos: Lesson 5 – Risk Management and Other Knowledge Areas

Risk Management impacts other knowledge areas and other knowledge areas also impact risk management. RMP Live Lessons (RMP 30 Contact Hours online) is the ONLY course in the world, which covers these areas.

Video 5.2.22 Risk Management Impact on Communications Management (1) (2m:00s)

Various Risk Management process impacts the building of the Communications Management Plan. Communications Management, along with Stakeholder Management are important for your RMP Exam. 


Video 5.2.23 Risk Management Impact on Communications Management (2) (3m:03s)

Risk Management and its artifacts affect the way communication distribution happens. This video explains with two key risk management artifacts – Risk Register and Risk Report.



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Videos: Lesson 7 - Risk Identification

Video 7.1.6 Identify Risks Process - Why Do It? (3m:46s)

Risks can be known-unknowns, unknown-unknowns, unknowable-unknowns, emergent risks, among others. The process of Risk Identification is also assigning potential Risk Owners and building preliminary Risk Responses, which can be very tricky. This video explains with the tricky areas.


Video 7.1.11 Non-Risk Items (1m:27s)

Many confuse between risk items and risk-related features! For example, issues or concerns are not risks. This video informs on non-risk items. 



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Videos: Lesson 8 – Risk Qualification

8.1.16 Analyzing a Populated Risk Score Matrix (2m:22s)

Not only for your RMP exam, but also in the real world you have to analyze populated risk score matrix (or simply, risk matrix/risk charts). The RMP Live Lessons course takes a real-world risk matrix built with the help of Primavera Risk Analysis software tool and analyzes such a matrix.


To know more on building risk matrix, you can read this article:

Deep Dive into Risk Matrix Reporting.


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Videos: Lesson 14 – Various Risk Management Exercises

To clear the RMP exam, you need to be thorough with a number of Inputs, Tools and Techniques and Outputs (ITTOs). It’s not just from the PMBOK guide, 6th edition. These can be from the Practice Standard for Risk Management, the Foundational Standard for Risk Management in Portfolios, Programs and Projects, and other PMI mandated references and books!

Video 8. 14.1.7 Risk Management - I&O Exercises (3m:00s)

This video takes a number of inputs, outputs for Risk Management and explains where they will be created. Some of these are not Inputs or Outputs, but have been knowingly put to test your understanding. It’s a partial video (the actual video is much longer).


These exercises are very unique to RMP Live Lessons. 

Video 8. 14.1.15 Risk Management - Flow Diagram Exercises (3) (6m:56s)

The RMP Live Lessons video course comes with numerous flow diagram and flow diagram exercises. In total, you have 50 such flow diagrams. This flow diagram exercise talks about a number of special Tools and Techniques (T&Ts). 

These flow-diagram exercises are very unique to RMP Live Lessons. 


You can read the accompanying article to get a background:

Fundamentals of Project Risk Management Framework


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To know more about this course and what is "Guaranteed RMP or Your Money Back Program",  please refer:

RMP Live Lessons – Guaranteed Pass or Your Money Back

Part 1 of this series: Sample Videos from RMP Live Lessons 

Part 2 of this series: Sample Videos from RMP Live Lessons

If you require more information, please send a mail to: managementyogi@gmail.com

You can also see the sample videos in a playlist.

RMP Guaranteed Pass Sample Video Playlist (27 Videos) 


More on RMP Live Lessons - Guaranteed Pass:

RMP 30 Contact Hours Course:


Sunday, April 25, 2021

More Sample Videos: RMP Live Lessons – Guaranteed Pass

 



This is in continuation of the following posts: 

Nine sample videos have been made available in the above post.

In this post, 9 more sample videos have been made public. The access to these videos is completely free and can be seen at the YouTube channel of Management Yogi.

The videos are from:

  • Lesson - 2: Introduction (2 videos)
    • Video: 2.1.5 PMI-RMP Certification Pre-requisites
    • Video: 2.1.8 The PMI-RMP Exam Structure
  • Lesson - 3: Fundamentals of Risk and Risk Management (2 videos)
    • Video: 3.1.22 Risk Attitude Spectrum
    • Video: 3.1.40 Possible Types of Risks
  • Lesson - 5: Risk Management and Other Knowledge Areas (3 videos)
    • Video: 5.1.1 Learning Objectives [from Part - 1]
    • Video: 5.1.2 Impact of Risk Management [from Part - 2]
    • Video: 5.2.43 Stakeholder Management Impact on Risk Management [from Part - 2]
  • Lesson - 6: Risk Management Planning (1 video)
    • Video: 6.1.3 Risk Management Planning - Key Points
  • Lesson - 8: Risk Qualification (1 video)
    • Video: 8.1.3 Perform QLRA Process –- What Happens?

You can check these videos one by one.

Part 1 of this series: Sample Videos from RMP Live Lessons

Part 3 of this series: Sample Videos from RMP Live Lessons



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Videos: Lesson 2  Introduction

Video 2.1.5 PMI-RMP Certification Pre-requisites (3m:26s)

This video needed pre-requisites to sit in the Risk Management Professional (RMP) exam. These are the latest ones.



Video 2.1.8 The PMI-RMP Exam Structure (5m:48s)

This video explains on possible the RMP exam structure with the number of questions (scored and unscored), the exam duration, the performance rating categories and how you should score in the exam to pass. 


To check upon various RMP Success Stories, you can refer: 

RMP Success Stories Over Years 


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Videos: Lesson 3  Fundamentals of Risk and Risk Management

Video 3.1.22 Risk Attitude Spectrum (2m:44s)

Risk attitude spectrum talks about varieties of attitudes of risk stakeholders, from risk paranoid to risk addicted. It also explains the other ones such risk seeker, risk averse and risk neutral in a figure. 


To know more on Risk Attitude, refer an article by a PMI-RMP: 

PMP Protein - Understanding Risk Attitude 


Video 3.1.40 Possible Types of Risks (4m:06s)

In the risk management landscape, a number of possible risks can occur. This video outlines a list of such possible risks. We will see more as we proceed across the RMP Live Lessons course. 


Accompanying article: Possible Types of Risks


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Videos: Lesson 5  Risk Management and Other Knowledge Areas

Risk Management impacts other knowledge areas and other knowledge areas also impact risk management. RMP Live Lessons (and also RMP 30 Contact Hours online) is the ONLY course in the world, which covers these areas.

Video 5.1.1 Learning Objectives (2m:37s)

The learning objectives for this lesson 5. As you can see, the impact of risk management on all other knowledge areas and also impact of other knowledge areas in risk management has been covered exhaustively. You will also know details on Management Reserve, Contingency Reserve, EVA in Risk Management, among many others.



Video 5.1.2 Impact of Risk Management (4m:27s)

Risk Management other areas of project management. It’s also impacted by all other areas of project management. This video explains.



Video 5.1.43 Stakeholder Management Impact on Risk Management (4m:24s)

Stakeholder Engagement is an important domain for your RMP exam. This video informs and explains (a part) on how Stakeholder Management impacts Risk Management. 



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Videos: Lesson 6  Risk Management Planning

6.1.3 Risk Management Planning - Key Points (3m:04s)

This video explains the key points with respect to Risk Management Planning. It also explains that the process of risk management planning is different from other processes. 



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Videos: Lesson 8  Risk Qualification

8.1.3 Perform QLRA Process – What Happens? (3m:14s)

The process of Perform Qualitative Risk Analysis (QLRA) interacts with other processes in Risk Management. This video explains with a figure. In every process of Risk Management, a number of figurative explanations have been given. This figure is one among many such explanations. 


To know more on Qualitative Risk Analysis, you can refer this article as well: 

Understanding Qualitative Risk Analysis

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To know more about this course and what is "Guaranteed RMP or Your Money Back Program",  please refer:

Part 1 of this series: Sample Videos on RMP Live Lessons

Part 3 of this series: Sample Videos on RMP Live Lessons

If you require more information, please send a mail to: managementyogi@gmail.com

You can also see the sample videos in a playlist.



More on RMP Live Lessons - Guaranteed Pass:

RMP 30 Contact Hours Course: