• PMI edition May: Module 5 Risk, Procurement and Stakeholders Management

    PMI edition May: Module 5 Risk, Procurement and Stakeholders Management


For each project manager, the PMI (Project Management Institute) certification is recognition of the high degree of professionalism and the key to new career opportunities and interesting projects.
Preparation for the certification requires considerable experience in project management, knowledge, and understanding of the project management basic tools and significant time costs.

Our training will help you to systematize the lessons learned and obtain an optimal, complete set of knowledge for successful passage of the CAPM®, PMP®, PMI-ACP® exams.

This training is also suitable for those who are not yet planning to pass the certification exam but want to learn more about the best international project management practices and dive into the real world of project management.
The main focus of this course will be on key tools in project management, practical cases and features of test tasks.

Each module describes such approaches as Waterfall and Agile. The last, the 6th module, allows immersing more deeply into the philosophy and principles of Agile projects.

Information is provided by the coach in a positive, easy-to-remember and as much as possible applied form.

The program is based on PMBOK (Project Management Body of Knowledge) v.6., Agile Practice Guide, best world practices, as well as practical experience and knowledge of the coach.

The training will help you to:

  • learn best practices and project management tools
  • learn how to use a single project management language that is understandable throughout the world
  • learn how to address challenges successfully at all stages of  the project’s lifecycle
  • proceed through the necessary stages of preparation for the CAPM®, PMP®, PMI-ACP® exam.

The training will be useful for:

  • Management at all levels
  • Agile Transformation Agents and Leaders
  • Project Managers
  • Program Managers
  • Scrum Masters
  • Tech/Team Leads
  • everyone involved in managing successful teams

Training Program 

The training consists of six one-day modules. The modules include theoretical knowledge and practical examples, recommendations on preparation and passing exams. At the end of each module, participants pass test samples of the certification exams, and the results can be discussed with the trainer.
The training can be purchased as a whole program or each module separately.

Module 5: Risk, Procurement and Stakeholders Management

Risk Management

  • risk management processes, inputs, outputs
  • risk management terminology, basic concepts
  • risk management planning: a Risk Breakdown Structure, the Probability and Impact Matrix, a Risk Register, the Stakeholder risk appetite
  • risk identification: influence factors, risk identification tools: SWOT analysis, an interview, the Delphi method, checklists, Root Cause Analysis (RCA), constraint analysis, Prompt lists
  • Qualitative and quantitative analysis of project risks: additional parameters of risk description, risk probability and impact assessment, Risk Data Quality Assessment, Hierarchical charts, Simulation, Sensitivity analysis
  • risk response planning/implementation: risk response strategies, analysis of alternatives, Decisiontreeanalysis, Ishikawa Chart
  • risk monitoring and visualization: Risk Breakdown Structure, Reserve analysis

Procurement Management

  • Procurement Management processes, inputs, outputs,
  • tender documentation preparation: Procurement Statement of Work (SOW), Terms of Reference (TOR), Request for Quotation (RFQ), Request for Information (RFI)
  • contract types, terms of use, merits and demerits, risks: Firm fixed price (FFP), Fixed price incentive fee (FPIF), Fixed price with economic price adjustments (FPEPA), Cost plus fixed fee (CPFF), Cost plus incentive fee (CPIF), Cost plus award fee (CPAF), Time and material contracts (T&M).
  • Approaches to analysis and selection of suppliers: Least cost, Qualifications only, Quality-based/highest technical proposal score, Quality and cost-based, Sole source, Fixed budget  and tools for working with suppliers, monitoring compliance with conditions, negotiating strategies

Stakeholders Management

  • Stakeholders Management processes, entrances, exits
  • stakeholder identification: roles, interests, level of knowledge, expectations, and level of influence
  • data analysis: Power/interest grid, power/influence grid, or impact/influence grid, Stakeholder cube, Salience model
  • stakeholder management: Mind mapping, Stakeholder engagement assessment matrix, stakeholder engagement level management
  • visualization of project results for stakeholders, rules for effective presentation
  • monitoring project involvement/satisfaction

Price of the full course:

Early bird (until April 13) - 15000 UAH
Just in Time (until May 11) - 17000 UAH
Last Call (from May 12) - 20000 UAH

Cost per 1 module:

3500 UAH


who teaches
Ciklum & E5 Trainings