This book is published due to my own experience in difficulties to find risk management references especially in Bahasa Indonesia. There are only few books that can be used as references and most of them can only be found from either bookstores or online store outside Indonesia region. I hope this book can help PMI-RMP candidates in preparing their exam. The practice exams in book are taken from several Risk Management books. My aim is to provide a complete and comprehensive risk management handbook to be used by practitioners, academicians and people who interested to learn risk management. This book is written based on Project Management Institute (PMI) guidelines in risk management. PMI has several certifications that internationally accepted and some of them are specialist. Risk Management Professional (PMI-RMP®) is one of the credentials that measure knowledge understanding and experiences in risk management. As one of the PMI-RMP® credential holders in Indonesia, I really suggest that more people should learn about risk management and apply it in their project, either big or small projects. Having a credential holder like PMI-RMP® is not the only objective, but the process of preparation and application in real projects is the most valuable learning experience and make better understanding. This book will be used as one of course materials in AVENEW Indonesia, especially in risk management training. AVENEW Indonesia provides many trainings related to project management, risk management and consulting in many areas of expertise such as IT, Telecommunication, Oil and Gas, Building, Property, and many others. For further information you may contact the AVENEW team at info@avenew-indonesia.com or visit the website www.avenew-indonesia.com.

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Table of Contents
Introduction 1
Objectives 2
Readiness Assessment 5
Questions 5
Solutions and Explanations 15
Chapter 1: PMI-RMP Exam Overview 21
The Requirements for PMI-Risk Management Professional Exam 23
How to Apply the Exam 24
What Should You Know before Taking The Exam 25
The Five Domains of Project Risk Management 26
Chapter 2: Risk Management Overview 37
The Risk Management Process 40
What Should You Know About Risk Management 42
Risk Governance Concept 46
Chapter 3: The Risk Management Process 49
Plan Risk Management 50
Identify Risk 55
Perform Qualitative Risk Analysis 63
Perform Quantitative Risk Analysis 68
Plan Risk Response 72
Control Risk 79
Chapter 4: Tools and Techniques 87
Tools and Techniques for Risk Planning 87
Tools and Techniques for Risk Identification 88
Tools and Techniques for Qualitative Risk Analysis 93
Tools and Techniques for Quantitative Risk Analysis 97
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Tools and Techniques for Risk Response 108
Tools and Techniques for Risk Controlling 113
Chapter 5: Tailoring Other Knowledge
Areas to Risk Management 115
Final Exam Question 129
Solutions and Explanations 177
References 205
Glossary 207