PMI Risk Management Professional (PMI-RMP) Exam

PMI Risk Management Professional (PMI-RMP) Exam

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PMI-RMP Certification

PMI-RMP certification acknowledges the individual’s unique expertise on the project team while demonstrating the recognition and value the role provides to the project management profession. As a PMI-RMP candidate has more competence in the specialized area of assessing and identifying project risks while mitigating threats and capitalizing on opportunities than a general practitioner and yet, also maintains a basic level of competence in all areas of project management.


Who Should Apply?

Candidates having advanced knowledge and experience in risk management, or if you are a project manager focused on project risk management, including for large projects and/or complex environments, then the PMI-RMP® is an excellent choice for you.


What are the prerequisites for taking PMI-RMP Exam?

  • Secondary degree (high school diploma, associate’s degree, or the global equivalent) and 4,500 hours of project risk management experience with 40 hours of project risk management education

OR

  • Four-year degree (bachelor’s degree or the global equivalent) and 3,000 hours of project risk management experience with 30 hours of project risk management education


Course Outline

  • Domain 1: Risk Strategy and Planning (5 tasks) (19-20%)
  • Domain 2: Stakeholder Engagement (9 tasks) (19-20%)
  • Domain 3: Risk Process Facilitation (7 tasks) (25-28%)
  • Domain 4: Risk Monitoring and Reporting (7 tasks) (19-20%)
  • Domain 5: Perform Specialized Risk Analyses (3 tasks) (14-16%)


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Exam Format and Information

Exam Name PMI Risk Management Professional
Exam Code PMI-RMP®
Exam Duration 3.5 Hours
Exam Format Multiple Choice and Multi-Response Questions
Exam Type Professional

Number of Questions 170 Questions

(Out of which 20 questions are unscored Pre-Test questions)

Exam Eligibility 1 year
Exam Fee $USD 520, For Non-member: USD 670
Exam Language English
Test Computer Based Testing (CBT)


Eligibility Criterion -


1. Secondary degree (high school diploma, associate’s degree, or the global equivalent) 4,500 hours of project risk management experience 40 hours of project risk management education.

OR

2. Four-year degree (bachelor’s degree or the global equivalent) 3,000 hours of project risk management experience 30 hours of project risk management education.

PMI Risk Management Professional (PMI-RMP) Exam FAQs

PDUs are the measuring units which are used for quantifying professional development as part of CCR (continuing certification requirement). It stands for Professional development unit.
In PMI the audits are conducted specifically to check the education and experience on the certification application. It takes one week to complete the process verifying documents and evidence. After the completion of audit you will be able to complete your CAPM certification application.
PMI RMP does not disclose its passing score so it is better to focus on your exam preparation to score well.
This certification exam is available in English and can be translated into multiple languages.
If in any case you don't complete the audit process then it will be considered as failed audit which results in that candidate should re apply for exam after 1 year.

In the PMI Risk Management Professional (PMI-RMP)® interview, you must know that you require technical expertise in the field and the confidence and ability to portray the answers well. 

PMI-RMP® Interview Questions


The application is valid for 1 year.
PMI RMP certification checks the candidate’s expert knowledge on project teams and having skills in identifying risk of projects while reducing threats. In this you also have knowledge to maintain the basic level competence in all areas of the project management.

The PMI Risk Management Professional (PMI-RMP) exam has been developed to meet the demand for a Risk Management Professional to have the ability in identifying project risks and reducing threats using the best available resources.


PMI-RMP Preparation Guide

1. The domains covered in this certification are,

2. Risk Strategy and planning (5 tasks) (19-20%)

3. Stakeholder Engagement (9 tasks) (19-20%)

4. Risk Process Facilitation (7 tasks) (25-28%)

5. Risk Monitoring and reporting (7 tasks) (19-20%)

6. Perform Specialized Risk Analyses (3 tasks) (14-16%)

If you are not able to pass the certification exam then you can give 3 times within 1 year. Fees are associated with a retake of the exam.
No, it is not required to become PMI member before applying for the exam. But it is recommended to become a member as it will save your money.
TestprepTraining provides unique sets of questions that will help you check your skills and knowledge on risk management. These practice questions will help you increase your knowledge for better preparation of exam.
This certification exam will cost you $520 USD for PMI members and $670 USD for non PMI members including the additional taxes.
There will be 170 questions which have to be done in 3.5 hours.

PMI RMP certification is for those candidates having advanced knowledge in risk management or having experience in project risk management as a project manager. When starting to prepare for the exam,

1. Collect all the information related to the PMI RMP exam and create a blueprint with topics.

2. Find online courses to get good study material. This includes a bulk of practice sets of questions that will help you know your strengths and weaknesses.

3. Download PMBOK by signing up for PMI, to find good resources and a study guides. You should do 23 hours of project management education before the exam.

The PMI Risk Management Professional (PMI-RMP) Certification exam is formulated for candidates with advanced knowledge and experience in Risk Management and also Project Managers majoring in their mastery in Project Risk Management.

PMI-RMP Online Tutorial

After you exam completion the result will be shown.
Getting certified with PMI RMP will enhance your knowledge in improving the controls on projects and minimizing loss. It will help you to have better stakeholder relationships to gain trust. This certification will help you in getting a secure job with a good pay raise as it is in high demand in the industry.
Yes, you can reschedule or cancel the exam 2 days before the scheduled appointment. And if you reschedule or cancel the exam within 30 days then you have to pay 70 USD.
For PMI RMP certification candidate should hold a secondary degree with having 4500 hours experience of project risk management with 40 hours of project management education. If having bachelor degree then it is required to have 3000 hours of experience of project risk management with 30 hours of project management education.
Getting certified should definitely be considered but not limited to people in the following roles in any Industry: 1. IT Heads/Senior IT Managers - Module Leads 2. Head/GM/AGM Projects - Senior Consultants 3. Senior or Junior Project Managers - Business Heads 4. Business Practice Heads - Business Analysts

Course Structure for PMI-RMP is -

  • Risk Strategy and Planning 19 – 20%
  • Stakeholder Engagement 19 – 20%
  • Risk Process Facilitation 25 – 28%
  • Risk Monitoring and Reporting 19 – 20%
  • Perform Specialized Risk Analyses 14 – 16%
Membership is not mandatory but it has benefits if one has. One may need to access the pros and cons and decide which is better. Generally, for RMP® it works better to take membership first and then do certification. However, vice versa also works.
For PMI® Members: USD 520, For Non-member: USD 670

1. Four-year degree

2. 3000 hours leading and directing projects

3. 30 hours of project management education

At least 4,500 hours spent in the specialized area of professional project risk management within the last five consecutive years (Secondary diploma (High School diploma, associate’s degree or global equivalent) ) or At least 3,000 hours spent in the specialized area of professional project risk management within the last five consecutive years (Four-year degree (bachelor’s degree or global equivalent) Plus 30 hours of education by any R.E.P (Registered Education Provider of PMI®)
  • Domain 1—Risk Strategy and Planning (5 tasks) 19-20%
  • Domain 2—Stakeholder Engagement (9 tasks) 19-20%
  • Domain 3—Risk Process Facilitation (7 tasks) 25-28%
  • Domain 4—Risk Monitoring and Reporting (7 tasks) 19-20%
  • Domain 5—Perform Specialized Risk Analyses (3 tasks) 14-16%
Case 1 - Secondary degree (high school diploma, associate’s degree, or the global equivalent) 4,500 hours of project risk management experience 40 hours of project risk management education OR Case 2 - Four-year degree (bachelor’s degree or the global equivalent) 3,000 hours of project risk management experience 30 hours of project risk management education

1. You can apply immediately after earning 30 contact hours from any R.E.P of PMI®.

2. Download the application form from the website of PMI®.

3. The application submitted online is processed within 5 business days.

4. You can schedule the exam at any Prometric center immediately after receiving the PMI® eligibility id.

Yes, Testprep Training offers email support for any certification related query while you are preparing for the exam using our practice exams. Your query will be handled by experts in due course.
Yes our experts frequently blog about the tips and tricks for exam preparation.
Yes, we offer a 100% unconditional money back guarantee. In case you are not able to clear the exam for then you can request for the full refund. Please note that we only refund the cost of product purchased from Testprep Training and not the PMI Risk Management Professional (PMI-RMP) Exam cost.
Yes testprep training offers free practice tests for PMI Risk Management Professional (PMI-RMP) Exam which can be used before the final purchase for complete test.
Yes we offer nearly 50% discount for the order more than 10 products at a time. You can reach the testprep training Helpdesk for more details. The member of support staff will respond as soon as possible.
Once purchased, the practice exams can be access for the lifetime.

 

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