Course Overview

    Overview

    Course Highlights

    Eligibility Criteria

    Benefits

    Exam Format

    Certification Cost

    What Is the PMI-RMP Credential and Who Is It For?Your Path to Specialist Risk Recognition

    The PMI Risk Management Professional (PMI-RMP) is the Project Management Institute's specialist credential for professionals who identify, assess and control risk across projects and programmes. It recognises your ability to mitigate threats, capitalise on opportunities and protect project value, setting you apart from general project management practitioners. Our PMI-RMP certification training in Riga is aligned to PMI's Examination Content Outline (effective January 2022), the PMI Practice Standard for Project Risk Management and the PMBOK Guide, covering all five risk management domains across predictive, agile and hybrid delivery. Delivered by experienced PMI-aligned trainers in live virtual and classroom formats, the programme prepares you for the 115-question exam and provides 32 contact hours of risk management education. For Riga's banking, fintech, IT services and infrastructure professionals, the RMP credential is a clear route into senior risk roles. Start your journey with Invensis Learning and move from learning to certified with a structured, supported path.

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    Invensis Learning is a Premier PMI Authorized Training Partner (ATP ID 4177) in Riga , approved to deliver official PMi-RMP Certification training with PMI-aligned courseware and standards.

    What Is the PMI-RMP Credential and Who Is It For?Your Path to Specialist Risk Recognition

    Certification Badge

    Invensis Learning is a Premier PMI Authorized Training Partner (ATP ID 4177) in Riga , approved to deliver official PMi-RMP Certification training with PMI-aligned courseware and standards.

    Key Highlightsof the PMI-RMP Certification Training Course

    PMI-RMP Certification Eligibility in RigaDo You Qualify for the PMI-RMP Exam?

    The Career Payoff of Becoming Risk-CertifiedSkills, Roles and Recognition

    PMI-RMP Exam Format in RigaWhat to expect on exam day

    The PMI-RMP exam validates your ability to identify, assess, prioritize, and manage project risks while supporting informed decision-making across project lifecycles. The exam focuses on risk strategy and planning, stakeholder engagement, risk process facilitation, monitoring and reporting, and performing specialized risk activities. Through a combination of multiple-choice and scenario-based questions, candidates are tested on their ability to apply risk management principles in real-world project environments.

    PMI-RMP Certification Cost in Riga

    Note: Prices may vary depending on your location and delivery preferences. Reach out to our learning advisors for the exact pricing details.

    Risk Management Careers in RigaWhy RMP Pays off in the Baltic Market

    The RMP credential is increasingly valued by Riga employers that run large, regulated or capital-intensive project portfolios, from Nordic bank service centres and fintechs to IT delivery houses and EU-funded infrastructure programmes. As banks scale risk functions and mega-projects such as Rail Baltica raise the bar on governance, certified project risk specialists are in short supply. Demand runs from risk analyst up to project risk manager and head of risk, and here is what the market is telling us right now.

    Why Project Risk Skills Are in Demand Across Riga

    The RMP is more than a credential. It is a career multiplier for professionals who protect project value. Join the risk specialists Riga employers are hiring, and start your journey today.

    Your Riga Career Transformation

    Your Career Before and After the RMP

    A Clear Step up in Riga

    Latvia's risk and project market is growing with fintech, EU-funded infrastructure and expanding Nordic service centres, and employers increasingly separate certified risk specialists from the rest. Here is which side of that line you want to be on.

    Sources: Algas.lv, Glassdoor, SalaryExpert (Latvia) 2026.

    How to Get PMI-RMP Certified in RigaStep-by-Step Certification Process

    The PMI-RMP certification path in Riga is a pure exam track: once your PMI application is approved, you proceed directly to the 115-question, 150-minute exam administered through Pearson VUE , no peer-panel review is required. From initial training to exam day typically takes 6-10 weeks, including application processing.

    Step 1: Confirm PMI-RMP Eligibility

    Verify you meet one of the three eligibility sets. Set A: high school or secondary school diploma (or global equivalent) + 36 months / 3 years of project risk management experience within the last 5 years + 40 hours of project risk management education. Set B: bachelor's degree or higher (or global equivalent) + 24 months / 2 years of project risk management experience within the last 5 years + 30 hours of project risk management education. Set C: bachelor's degree or higher from a GAC-accredited program + 12 months / 1 year of project risk management experience within the past 5 years + 30 hours of project risk management education. Education hours must be in project risk management topics specifically.

    Step 2: Enroll in a Learning Program

    Choose a learning format that aligns with your schedule and goals, such as a PMI-RMP bootcamp, live virtual sessions, self-paced learning, or corporate group training. Enrollment provides access to PMI-aligned courseware, practice assessments, and expert-led guidance.

    Step 3: Register on the PMI Candidate Portal

    Create or sign in to your PMI account at pmi.org. PMI membership (~$139/year) is optional but reduces the PMI-RMP exam fee from ~$670 to ~$520 and gives access to the PMI Risk Management Practice Guide and the PMI Standard for Risk Management.

    Step 4: Submit the PMI-RMP Application to PMI

    Submit your application via the PMI candidate portal: document your project risk management experience, list your 30 or 40 contact hours, and pay the application/exam fee (~$520 PMI member or ~$670 non-member). PMI typically processes applications within 5-10 business days. Unlike PfMP, no peer-panel review is required.

    Step 5: Sit the 115-Question PMI-RMP Exam via Pearson VUE

    Once approved, you receive a one-year exam eligibility window. Book your PMI-RMP exam through Pearson VUE , online proctored from your home or office in Riga, or at a Pearson VUE test centre. The exam is 115 multiple-choice and scenario questions over 150 minutes, covering all five risk management domains.

    Step 6: Earn the PMI-RMP Credential and Plan CCR Renewal

    On passing, PMI issues your PMI-RMP digital badge and certificate. The credential is valid for three years; renew via PMI's Continuing Certification Requirements (CCR) programme by earning 30 PDUs in risk-relevant content across the 3-year cycle.

    Module 1: Risk Strategy and Planning

    • Understanding project environment, risk culture, and strategic alignment
    • Preliminary document analysis and stakeholder assessment
    • Risk appetite and threshold determination across business functions
    • Establishing risk management frameworks, templates, and tools
    • Creating a comprehensive risk management plan aligned with organizational goals
    • Role mapping and governance planning (e.g., RACI)
    • Facilitating stakeholder engagement and education in risk strategy
    • Developing and prioritizing risk metrics for performance tracking

    Module 2: Risk Identification

    • Conducting risk identification workshops and SME interviews
    • Analyzing assumptions, constraints, and dependencies
    • Classifying risks as threats or opportunities based on project context
    • Documenting risk triggers, thresholds, consequences, and timing
    • Empowering stakeholder participation in identifying project risks
    • Developing and maintaining a robust risk register with ownership mapping
    • Establishing traceability of risk sources and origin within project lifecycle

    Module 3: Risk Analysis

    • Performing qualitative risk analysis using probability-impact matrices
    • Classifying risks using Risk Breakdown Structure (RBS) categories
    • Quantitative analysis techniques (e.g., Monte Carlo, EMV, sensitivity analysis)
    • Forecasting risk trends using historical and performance data
    • Prioritizing risks based on urgency, impact, and risk exposure
    • Evaluating complex project risks across cost, schedule, scope, and compliance
    • Coaching stakeholders on interpreting and applying analysis outputs

    Module 4: Risk Response Planning and Implementation

    • Selecting appropriate response strategies: mitigate, avoid, transfer, accept
    • Developing actionable and measurable risk response plans
    • Assigning ownership, timelines, and metrics to each risk action
    • Evaluating risk response effectiveness using visual tools (e.g., burndown charts)
    • Executing contingency plans and real-time risk workarounds
    • Managing secondary and residual risks emerging post-response
    • Aligning response activities with risk tolerance and project success criteria

    Module 5: Risk Monitoring and Closure

    • Monitoring overall project risk levels and exposure shifts
    • Tracking performance indicators for risk response effectiveness
    • Updating project documents: risk register, lessons learned, PM plans
    • Communicating current risk status across stakeholder groups
    • Closing expired or mitigated risks with documented outcomes
    • Performing variance analysis and residual risk tracking
    • Reporting secondary risk impacts and cascading effects to leadership

    Course Curriculumof the PMI-RMP Certification Training

    The PMI-RMP curriculum follows the official PMI Examination Content Outline and covers all tested domains. Modules are delivered over 4 days with scenario walkthroughs, chapter quizzes, and PMI-RMP-format mock exams that mirror the live PMI paper.

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    Skills You Will Master in This ProgrammeRisk Capability You Can Apply at Work

    The training builds practical, exam-ready risk capability across all five PMI-RMP domains: Risk Strategy and Planning, Risk Identification, Risk Analysis, Risk Response, and Monitor and Close Risks. By the end you can lead risk on projects and programmes and sit the exam with confidence.

    Build a Risk Strategy and Plan

    In this programme you will learn to set up risk management for a project end to end: analyse project documents, assess the environment with tools such as SWOT and PESTLE, confirm risk thresholds with stakeholders and document a tailored risk management plan aligned to predictive, agile or hybrid delivery.

    Identify Threats and Opportunities

    Facilitate structured risk identification using brainstorming, the Delphi technique, interviews, checklists and assumption analysis. You will record risks in a clear cause-risk-effect format and build a complete, well-owned risk register for the whole team.

    Analyse Risk Qualitatively and Quantitatively

    Apply the probability and impact matrix to prioritise risks, then use quantitative techniques such as Monte Carlo simulation, decision tree analysis, sensitivity analysis and expected monetary value to model the aggregate effect of risk on cost and schedule.

    Plan and Implement Risk Responses

    Develop response strategies for threats (avoid, transfer, mitigate, accept) and opportunities (exploit, share, enhance, accept), assign owners, set triggers, build contingency and fallback plans, and fold reserves into the project baseline.

    Monitor and Close Project Risks

    Track identified, residual and secondary risks against their triggers, run periodic risk reviews, report on the changing risk profile to governance bodies, and formally close risks while capturing lessons learned for future projects.

    Prepare for the PMI-RMP Exam

    Get ready for the 115-question, closed-book, 2.5-hour exam with practice questions mapped to the January 2022 ECO, plus guidance on documenting your risk management experience and education for the PMI application.

    Who Should TakePMI-RMP Training in Riga?

    Risk Manager

    Project Risk Manager

    Program Risk Manager

    Portfolio Risk Analyst

    Enterprise Risk Officer (delivery focus)

    PMO Risk Lead

    Quantitative Risk Analyst (project context)

    Who Can Take This Certification Training

    PMI-RMP Certification Training Modesfor Professionals and Teams

    We offer flexible training formats designed to suit different learning preferences, schedules, and professional goals. Whether you prefer classroom learning, live online sessions, team-based learning, or personalized coaching, choose the option that best supports your PMI-RMP learning and certification journey.

    PMI-RMP Live Virtual Training

    • Live online instructor-led sessions

    • Interactive discussions and virtual activities

    • Expert guidance from experienced trainers

    • Practice assessments and revision support

    • Dedicated Q&A sessions for concept clarification

    • Fixed schedules for accountability and momentum

    • Small batch sizes for personalized attention

    • Access from any location with internet connectivity

    EUR 1550

    Attend fully interactive online sessions from anywhere while benefiting from real-time instructor guidance and collaborative learning experiences. This Virtual PMI-RMP training option helps professionals build advanced risk management skills while balancing work commitments.

    Official PMI-aligned Course Material

    Best For: Professionals seeking the flexibility of online learning without compromising on live instructor interaction.

    PMI-RMP Classroom Training

    • Instructor-led classroom sessions

    • Interactive discussions and group activities

    • Real-world examples and practical exercises

    • Structured learning with fixed schedules

    • Opportunities for peer networking and collaboration

    • Practice assessments and knowledge checks

    • Dedicated Q&A and concept clarification

    • Immediate trainer feedback and support

    Learn through face-to-face sessions led by experienced instructors in a collaborative classroom environment. This Classroom PMI-RMP training format combines expert guidance, peer interaction, and practical risk management exercises to create an engaging learning experience.

    Official PMI-aligned Course Material

    Best For: Learners who prefer in-person interaction, structured schedules, and collaborative learning experiences.

    PMI-RMP Corporate Group Training

    • Customized training aligned to organizational goals

    • Flexible delivery: onsite, virtual, hybrid, or blended

    • Scheduling tailored to business availability

    • Role-based examples and industry-relevant discussions

    • Progress tracking and learner assessments where applicable

    • Dedicated coordination and administrative support

    • Consistent learning experiences across teams

    • Scalable delivery for local, regional, or global workforces

    Designed for organizations that want to strengthen risk management capabilities, improve project governance, and build enterprise-wide risk awareness through structured learning initiatives. This format is ideal for PMI-RMP training for companies in Riga seeking to enhance organizational resilience.

    Official PMI-aligned Course Material

    Best For: Organizations looking to upskill employees, address capability gaps, and deliver consistent training across teams.

    PMI-RMP Focused 1-to-1 Training

    • One-to-one instructor attention

    • Customized learning plans and objectives

    • Flexible scheduling based on availability

    • Personalized feedback and coaching

    • Additional focus on challenging topics

    • Targeted practice and revision support

    • Faster clarification of questions and concepts

    • Learning pace is adapted to individual needs

    Receive personalized instruction tailored to your goals, pace, and learning requirements through dedicated sessions with an expert trainer. This format provides PMI-RMP coaching for professionals seeking individualized support with exam preparation, risk analysis techniques, and application guidance.

    Official PMI-aligned Course Material

    Receive personalized instruction tailored to your goals, pace, and learning requirements through dedicated sessions with an expert trainer.

    PMI-RMP Live Virtual Training

    PMI-RMP Live Virtual Training

    Live online instructor-led sessions

    Interactive discussions and virtual activities

    Expert guidance from experienced trainers

    Practice assessments and revision support

    Dedicated Q&A sessions for concept clarification

    Fixed schedules for accountability and momentum

    Small batch sizes for personalized attention

    Access from any location with internet connectivity

    Starts from

    EUR 1550

    Please Note: Attend fully interactive online sessions from anywhere while benefiting from real-time instructor guidance and collaborative learning experiences. This Virtual PMI-RMP training option helps professionals build advanced risk management skills while balancing work commitments.

    Official PMI-aligned Course Material

    Best For: Professionals seeking the flexibility of online learning without compromising on live instructor interaction.

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    Why Train with Invensis Learning in RigaExpert-Led PMI-RMP Prep

    Invensis Learning delivers structured RMP training for professionals and organisations in Riga who want to specialise in project risk management and prepare for the exam. As a PMI Authorized Training Partner, we combine PMI-aligned courseware, experienced trainers, flexible delivery and dependable learner support. That focus has made us a trusted PMI-RMP training company in Riga. Whether you enrol as an individual or plan corporate training for your team, you get a professional learning experience built around practical understanding, real-world application and measurable outcomes.

    • PMI Authorized Training Partner delivering PMI-aligned courseware
    • Experienced trainers with real project risk management expertise
    • Flexible formats: live online, classroom and corporate group training
    • 32 contact hours that satisfy the risk management education requirement
    • Guidance on the PMI application and documenting your experience
    • Practice questions and mock exams mapped to the January 2022 ECO
    • ISO 9001:2015 and ISO 27001:2022 certified training operations
    • Dedicated learner support before, during and after training

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    PMI-RMP Training Locations in RigaInstructor-led in-person Classroom training is available for group batches. All other public cohorts are delivered as Instructor-led Live Virtual. See available cohorts.

    PMI-RMP Training Location in Riga

    Radisson Blu - Hotel Latvija, 55, Elizabetes iela, Centra district, Centrs, Centra area, Riga, LV-1010, Latvia

    PMI-RMP Training Location in Riga

    Grand Palace Hotel, 12, Pils iela, Old Riga, Latgale neighborhood, Riga, LV-1050, Latvia

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    PMI-RMP Corporate Training in RigaFor Your Organisation

    • Suitable for small, medium and large risk and delivery teams
    • Customised schedules aligned to your team's availability
    • Flexible delivery through onsite, live virtual or hybrid formats
    • Trainers with real project risk management and industry expertise
    • Role-based examples from banking, fintech, IT and infrastructure
    • Dedicated coordination and learner support for group programmes
    • Scalable delivery for teams across Latvia and global locations

    Leading Organisations

    SwedbankSEBCitadeleAccentureTietoevryAirBaltic

    What Our Learners Say

    From Informal to Structured Risk Practice

    "The training turned risk management from something I did informally into a structured discipline. The sessions on qualitative analysis and Monte Carlo modelling were exactly what I needed, and the practice questions made the exam far less daunting."

    Kārlis Ozols

    Project Risk Manager

    0/0

    Clear Domains and Strong Application Support

    "As a compliance specialist moving into project risk, I found the coverage of the five domains clear and practical. The application guidance helped me document my experience properly for PMI. I passed on my first attempt."

    Ilze Bērziņa

    Operational Risk Officer

    0/0

    Practical and Easy to Apply

    "The live virtual sessions fit around my delivery schedule, and the trainer used real project examples I could relate to. The response planning content has already changed how I run risk reviews at work."

    Jānis Kalniņš

    Senior Project Manager

    0/0

    Consistent Risk Practice Across the Team

    "We enrolled our PMO team to raise risk maturity across a regulated programme. The training gave everyone a shared vocabulary and a consistent approach to the risk register. Coordination with Invensis Learning was smooth throughout."

    Anda Liepa

    PMO Lead, Financial Services

    0/0

    Tailored Training That Fit Our Sector

    "We needed our delivery managers to handle risk properly on EU-funded infrastructure work. The corporate programme was tailored to our sector, and the audit-ready focus on monitoring and reporting was exactly right for us."

    Māris Vītols

    Head of Delivery, Infrastructure

    0/0



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    Frequently Asked QuestionsHere's everything you may ask...

    Yes. The RMP is a globally recognised PMI credential that marks you as a project risk specialist, which Riga employers in banking, fintech, IT and infrastructure increasingly value. Senior risk roles in Latvia pay well above the national average, and certified risk specialists remain scarce, so the credential can strengthen both your prospects and your negotiating position.

    General

    Is the PMI-RMP worth it for professionals in Riga?

    Yes. The RMP is a globally recognised PMI credential that marks you as a project risk specialist, which Riga employers in banking, fintech, IT and infrastructure increasingly value. Senior risk roles in Latvia pay well above the national average, and certified risk specialists remain scarce, so the credential can strengthen both your prospects and your negotiating position.

    What is the PMI-RMP certification?

    The PMI Risk Management Professional (PMI-RMP) is PMI's specialist credential in project risk management. It recognises your ability to identify, assess, respond to and monitor risk on projects and programmes, and sets you apart from general project management practitioners.

    Who should take the RMP certification?

    The RMP suits project risk managers, risk analysts, senior project managers, PMO members, risk consultants and professionals in high-risk sectors such as banking, energy and infrastructure. It is ideal if your role focuses on managing project risk rather than general delivery.

    Is the PMI-RMP recognised internationally?

    Yes. As a PMI credential, the RMP is recognised by employers worldwide. It is especially valued in high-risk industries such as construction, defence, energy and financial services, where formal project risk management is often contractually or regulatorily required.

    How long is the PMI-RMP valid and how do I renew it?

    The RMP is valid for three years. To maintain it, you earn 30 PDUs in risk management topics within each three-year cycle through PMI's Continuing Certification Requirements system and pay the renewal fee.

    Pricing

    What is included in the RMP training fee?

    The training fee typically includes PMI-aligned courseware, 32 contact hours of instruction, practice questions and mock exams mapped to the ECO, downloadable templates, application guidance and learner support. The PMI exam fee is billed separately by PMI. Request a quote for current pricing in Riga.

    How much does the PMI-RMP exam cost?

    PMI bills the exam fee separately in USD under regional pricing, for reference around USD 520 for members and USD 670 for non-members; verify current fees at pmi.org. PMI membership can reduce the exam cost and gives access to the Practice Standard for Project Risk Management.

    Do you offer group or corporate pricing for teams in Riga?

    Yes. We offer corporate group training with customised schedules and volume-based pricing for PMOs, risk functions and delivery teams. Contact us for a tailored quote for your organisation.

    What payment options are available?

    We accept major credit and debit cards and bank transfers, and offer instalment options on selected plans. Speak with a learning advisor to choose the option that suits you.

    Is the exam fee included in the course price?

    No. The PMI exam fee is paid directly to PMI and is not part of the training fee. Our training covers your preparation, contact hours and application guidance. Ask an advisor for a full breakdown of costs.

    Exam

    What is the format of the PMI-RMP exam?

    The exam is closed book with multiple-choice questions, delivered online through Pearson VUE OnVUE proctoring or at a Pearson VUE test centre. It is based on the PMI-RMP Examination Content Outline effective January 2022.

    How many questions are on the exam and how long is it?

    The RMP exam has 115 questions and a time limit of 2.5 hours (150 minutes). Results are reported with domain-level performance feedback rather than a fixed percentage score.

    What are the PMI-RMP exam domains and weights?

    There are five domains per the January 2022 ECO: Risk Strategy and Planning (20%), Risk Identification (20%), Risk Analysis (23%), Risk Response (22%) and Monitor and Close Risks (15%).

    What are the eligibility requirements for the RMP?

    PMI offers three routes. With a secondary diploma you need 36 months of risk management experience in the last five years and 40 hours of risk education; with a four-year degree you need 24 months and 30 hours; with a GAC-accredited degree you need 12 months and 30 hours. Our 32 contact hours satisfy the 30-hour requirement.

    What if I do not pass the exam on the first attempt?

    PMI allows up to three attempts within your one-year eligibility period, with a re-examination fee for the second and third attempts. Our practice questions, mock exams and trainer support are designed to help you pass the first time.

    Course Content

    What will I learn in the PMI-RMP training?

    You will learn to plan risk strategy, identify threats and opportunities, run qualitative and quantitative analysis, plan and implement responses, and monitor and close risks. The training covers tools such as SWOT, the probability and impact matrix, Monte Carlo simulation and expected monetary value.

    Do I need prior experience to follow the course?

    The training is built for professionals with some project exposure, but it explains each domain from first principles, so committed learners can follow it comfortably. Note that PMI's exam eligibility does require documented risk management experience.

    Is the courseware aligned with the current RMP syllabus?

    Yes. The courseware is aligned to the PMI-RMP Examination Content Outline effective January 2022, the PMI Practice Standard for Project Risk Management and the PMBOK Guide, covering predictive, agile and hybrid delivery.

    Are practice tests and mock exams included?

    Yes. The programme includes practice questions and full-length mock exams mapped to the ECO, plus topic-wise quizzes, so you can identify weak areas and build readiness before exam day.

    Will I receive a certificate after the training?

    Yes. After meeting the course requirements you receive a course completion certificate confirming the 32 contact hours earned, which count toward the risk management education requirement for the PMI-RMP application.

    Enrollment

    How soon can I start and how do I enrol?

    You can enrol through the Invensis Learning website or by talking to a learning advisor. Choose your preferred format and batch, complete payment, and you will receive access to schedules, courseware and learning resources. See upcoming batches to get started.

    What training formats are available in Riga?

    We offer online (live virtual) instructor-led training, classroom sessions and customised corporate group training, so you can choose the format that fits your schedule and learning preference.

    Can I reschedule or transfer my enrolment to another batch?

    Yes. Flexi options let you reschedule or transfer to another batch, and selected plans let you attend the training twice. Contact support to arrange this.

    Do you help with the PMI application?

    Yes. We guide you through documenting your risk management experience and education hours for the PMI application, and explain the audit process, so you can submit with confidence.

    What is the refund or cancellation policy?

    Refunds and cancellations are handled per our published policy, and selected plans include a money-back guarantee. Reach out to our team for the details that apply to your enrolment.