Certified Risk Management Professional CRMP Overview

Course syllabus

Who it’s for

What’s included

Exams

FAQs

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 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
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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 Training Course. However, a basic understanding of risk management concepts can be beneficial.

Certified Risk Management Professional (CRMP) Course Overview

Risk management plays a pivotal role in today's dynamic business environment. The Certified Risk Management Professional (CRMP) Course provides participants with essential skills to effectively identify, assess, and mitigate risks. In an era of uncertainty, mastering risk management is crucial for organisations to safeguard their assets and achieve sustainable growth.

Proficiency in risk management is indispensable across various sectors, including finance, healthcare, and manufacturing. Professionals aspiring to lead risk management initiatives, such as Risk Managers, Financial Analysts, and Project Managers, should aim to master this discipline. By acquiring the CRMP Certification, individuals demonstrate competence in handling diverse risk scenarios and contribute significantly to organisational resilience.

The Knowledge Academy’s intensive 2-day training equips delegates with practical tools and techniques to navigate complex risk landscapes. Through interactive sessions and real-world case studies, participants comprehensively understand risk identification, assessment methodologies, and risk mitigation strategies. Moreover, the course fosters a proactive risk management mindset, empowering delegates to anticipate potential threats and seize opportunities effectively.

Course Objectives

  • To understand the fundamentals of risk management principles and concepts
  • To learn various risk identification techniques and tools
  • To develop skills in assessing and prioritising risks based on their impact and likelihood
  • To explore different strategies for mitigating and managing risks
  • To understand the role of governance and compliance in risk management

After completing this course, delegates will receive a certification validating their expertise in risk management. This globally recognised credential enhances career prospects and opens doors to exciting industry opportunities. Certified professionals demonstrate their commitment to excellence and are equipped to drive organisational success through effective risk management practices.

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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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Train Your Workforce

Looking for Certified Risk Management Professional CRMP in-house or onsite training in Toronto? We specialise in corporate group training and bulk bookings for organisations of all sizes in Toronto. Our trainers deliver tailored sessions at your premises, online, or hybrid, with best price guarantee, group discounts and flexible scheduling to train your team.

Our Toronto venue

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Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Toronto, a city in the Canadian province of Ontario, has an average population of roughly 2,615,000 spread across 243.33 square miles of land – making it the busiest and most populous region in the whole of Canada.  At The Knowledge Academy, we offer 50,000 classroom based training courses throughout the different areas of Toronto, in order to enhance people’s learning in an array of subject areas.  Education in Canada is generally funded by federal, provincial, and local governments; the system is divided into primary, secondary and post-secondary education and is operated under provincial jurisdiction.  On the whole, there are 190 days in a school year, starting in September and ending towards the last Friday of June.  Some popular and highly regarded universities in Canada include: the University of Toronto (notable alumni including: William Lyon Mackenzie King, Vincent Massey, Donald Sutherland and Lesra Martin), the University of British Columbia (notable alumni including: Eddie Peng, Justin Trudeau and Nardwuar the Human Serviette), and the University of Alberta (notable alumni including: Dayo Wong, George Stanley and Beverley McLachlin).  With its massively diverse citizenry and education options, it is hard to solely categorise the formation of its education system; it is also the home site to four publicly funded K12 school boards, a publicly funded religious K12 school board, a range of K12 private and prepatory school and a plethora of other religious, vocational, career and specialist schools.  As French is a commonly spoken language in Canada, there are also a number of public school boards designed for French language students.  Regarding religious schools, there are a number of Christian, Islamic and Jewish schools based in Toronto, all of which offering a slightly different educational system to their students and are tailored to best suit a specific religion.  With non-public schooling in mind, there are also a variety of religious non-public school boards spread throughout Toronto, namely the Board of Jewish Education of Toronto and the Toronto Adventist District School Board.  

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Ways to take Certified Risk Management Professional CRMP in Toronto

Online Instructor-Led Learning

Online Self-Paced Learning

Onsite Learning

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Certified Risk Management Professional CRMP. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

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Live classes

Join a scheduled class with a live instructor and other delegates.

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Interactive

Engage in activities, and communicate with your trainer and peers.

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Global Pool of the Best Trainers

We handpick from a global pool of expert trainers for our Online Instructor-led courses.

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Expertise

With 10+ years of quality, instructor-led training, we equip professionals with lasting skills for success.

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Scalable Training Delivery

Access Certified Risk Management Professional CRMP in Toronto delivered by one of the largest training providers, with scalable instructor-led classes, accessible worldwide.

Master Certified Risk Management Professional CRMP with a flexible yet structured approach that combines live, expert-led sessions and self-paced study. With Weekly one-to-one tutor support and consistently high pass rates, you’ll receive tailored guidance and achieve real results.

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Structured Yet Flexible Learning

Take part in scheduled, instructor-led sessions with real-time feedback, while enjoying the freedom to study independently. Interactive resources and progress tracking tools help you stay motivated and on target.

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Engaging & Interactive Training

Join dynamic live sessions featuring discussions, practical activities, and peer collaboration. Learn from Certified Risk Management Professional CRMP industry experts and reinforce your knowledge with self-paced modules—plus, connect with professionals in your field.

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Expert-Led Course

Gain valuable insight from experienced trainers during live sessions, and revisit course materials anytime to deepen your understanding. This method offers the ideal balance between expert guidance and independent learning.

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Global Training Accessibility

Access top-quality training across time zones—anytime, anywhere. Whether at home or on the go, our expert-led sessions and flexible study materials support your goals, and help you on the journey towards the certification.

Learn Certified Risk Management Professional CRMP through The Knowledge Academy’s Online Self-Paced Learning. This flexible and structured format supports your training goals and enables every professional to build skills with confidence.

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Flexible Learning

Access Certified Risk Management Professional CRMP resources 24/7 to maintain steady progress, complete regular assessments or tasks, and upskill effectively alongside work commitments.

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Expert-Developed Content

Our Online Course content is designed by experienced trainers to ensure accuracy, relevance, and practical value.

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Global Training Provider

Access Certified Risk Management Professional CRMP in Toronto from a trusted global training provider delivering consistent learning to professionals worldwide.

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Cost-Effective Training

Benefit from the cost-effective Certified Risk Management Professional CRMP that delivers high-quality course content without compromising learning outcomes.

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Interactive LMS

Track performance, download resources, and receive AI-enabled support through The Knowledge Academy’s dedicated Learning Management System.

Package deals for Certified Risk Management Professional CRMP in Toronto

Our training experts have compiled a range of course packages on a variety of categories in Certified Risk Management Professional CRMP, to boost your career. The packages consist of the best possible qualifications with Certified Risk Management Professional CRMP, and allows you to purchase multiple courses at a discounted rate.

Certified Risk Management Professional | Risk Management Training in Toronto FAQs

What does CRMP stand for?

CRMP stands for Certified Risk Management Professional. It's a credential offered by The Knowledge Academy, indicating proficiency in identifying, assessing, and mitigating risks in various domains, enhancing organisational resilience and strategic decision-making.

What are the benefits of the CRMP Certification for individuals?

The CRMP Certification offers individuals credibility, enhanced skills, and recognition in risk management. It validates expertise, opens career opportunities, and signifies commitment to professional development, providing a competitive edge in the industry.

What skills can be gained from this CRMP Course?

This course equips delegates with skills in risk management, including risk identification, assessment, and mitigation strategies. It covers techniques for effective risk communication and monitoring, enhancing decision-making capabilities in complex environments.

What is the importance of risk management?

Risk management is crucial for businesses as it identifies, assesses, and mitigates potential threats, ensuring continuity and stability. By systematically addressing uncertainties, organisations safeguard against financial losses, reputation damage, and regulatory issues, fostering resilience and sustainable growth.

Are there any prerequisites for this CRMP Course?

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

What is included in the CRMP Certification?

In this training course, delegates will have 2-day intensive training with our experienced instructors, a digital delegate pack consisting of important notes related to this course, and a certificate after course completion.

What is the duration of the Certified Risk Management Professional Course?

This course is a 2-day training course during which delegates participate in intensive learning sessions that cover various course topics.

Will I receive a certification upon completing this training?

Yes, upon completing this course you will receive a certificate of completion to validate your achievement and demonstrate your proficiency in the course material.

What will I learn in this CRMP Certification?

This certification covers topics such as risk management principles, risk assessment methodologies, risk communication strategies, and risk mitigation techniques. It equips professionals with the skills needed to identify, analyse, and respond to various types of risks effectively.

What career opportunities are available to individuals who have earned the CRMP Certification?

Individuals with the CRMP Certification can pursue careers as Risk Managers, Compliance Officers, Project Managers, and Consultants in various industries like finance, healthcare, and IT. The certification enhances job prospects and credibility in risk management roles.

How does the CRMP Training Course compare to other risk management certifications in the industry?

The CRMP Training Course offers a comprehensive curriculum that rivals other industry certifications. It covers risk management principles in depth, providing valuable skills for professionals.

How does the CRMP Certification contribute to a candidate's credibility and reputation in the risk management field?

This certification enhances credibility in risk management by validating expertise, skills, and adherence to industry standards. Accredited by a reputable institution like Knowledge Academy, it signifies competence and commitment, bolstering a professional's reputation in the field.

Why should I choose the CRMP Certification over other risk management certifications available in the market?

This certification, recognised globally, offers comprehensive risk management skills, equipping you with practical tools and strategies. Its industry relevance, rigorous curriculum, and accreditation make it a prime choice for advancing your risk management career.

Why choose The Knowledge Academy in Toronto over others?

The Knowledge Academy in Toronto stands out as a prestigious training provider known for its extensive course offerings, expert instructors, adaptable learning formats, and industry recognition. It's a dependable option for those seeking this jQuery Course.

What is the cost/training fees for Certified Risk Management Professional CRMP in Toronto?

The training fees for Certified Risk Management Professional CRMP in Toronto starts from CAD3995

Which is the best training institute/provider of Certified Risk Management Professional CRMP in Toronto?

The Knowledge Academy is one of the Leading global training provider for Certified Risk Management Professional CRMP.

What are the best MoR® Management of Risk courses in Toronto?

Please see our MoR® Management of Risk courses available in Toronto

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