- Exam Code: PMI-RMP
- Exam Name: PMI Risk Management Professional
- Certification Provider: PMI
- Corresponding Certification:Project Management Professional
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What is the duration of the PMI-RMP Exam
- Format: Multiple choices, multiple answers
- Number of Questions: 170
- Length of Examination: 3.5 hours
Risk Monitoring and Reporting (19-20%)
- Updating the project risk management plan utilizing the relevant external and internal inputs for keeping the plan current;
- Capturing the risk lessons discovered through a thorough review of the project risk process performance reports, risk management plan, risk audits, risk register, and other reports for incorporating into later risk planning.
- Coordinating with project manager utilizing communication techniques for integrating the risk management during the project;
- Analyzing the risk process performance toward established metrics for driving the risk process improvements;
- Utilizing the risk-related metrics as defined in the risk management plan to create the periodical standard and custom reports for communicating the risk management status and activities;
- Utilizing the standard tools & techniques to document and regularly update the project risk data for maintaining a current repository of all the project risk information;
- Monitoring the risk response metrics by examining risk response display information and presenting to key stakeholders for ensuring analysis of risk as well as developing extra risk response strategies to remove secondary & residual risks;
PMI stands for the Project Management Institute, and it is the world's No.1 association for project managers who want to leverage their skills in this field by obtaining the related certificates. Among many other options, this institute offers the PMI-RMP or the PMI Risk Management Professional certification. Individuals who prove their knowledge of project risk identification and mitigation by passing the associated PMI-RMP exam will be issued this certification. But why opt for it? Well, project risk management remains one of the most important activities for organizations all around the globe with the majority of the world's largest project management companies doing a lot of risk management activities to increase their chances of succeeding. So, since project risk management significantly improves the project success rate and saves money, the PMI-RMP certificate will greatly increase your value in the eyes of potential employers.
Reference: https://www.pmi.org/certifications/risk-management-rmp
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2. In case you have a four-year degree such as a bachelor's degree, you need to have:
- undergone project risk management education for at least 30 hours.
- worked as a project manager for 24 months in the past 5 years;
This PMI-RMP exam is open to everyone who meets the aforementioned requirements and when it comes to the test details, it contains multiple-choice questions about risk identification, strategies, analysis, mitigation procedures, and best practices. In all, you will have 3 hours and 30 minutes to choose the correct answers to 170 items. What concerns the exam entry fee, the prices for PMI members and non-members differ. Thus, members of the PMI pay $520 for the official test while non-members pay $670. So, if you want to save another $150 on your PMI-RMP certification, you can become a PMI member by registering on their website. To add more, the PMI-RMP exam will be held in any of the Pearson VUE-approved centers in your area. Overall, there are several such testing centers around the world so all you need to do is to find one near your location. Finally, eligible candidates are allowed to take the PMI-RMP exam a maximum of 3 times within one year of eligibility.
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PMI PMI-RMP Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Risk Response Planning | - Threat Response Strategies - Opportunity Response Strategies |
| Risk Monitoring and Control | - Risk Reporting and Communication - Risk Audits and Reviews |
| Risk Analysis | - Quantitative Risk Analysis - Qualitative Risk Analysis |
| Risk Strategy and Planning | - Risk Management Planning - Stakeholder Engagement in Risk |
| Risk Identification | - Overall Project Risk Identification - Identifying Individual Risks |
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