PMI’s Risk Management Professional (PMI-RMP)

What is Risk Management Professional?

PMI-RMP is an industry recognized credential that is renowned among project managers. Also, a globally recognized certification which is a proof of a being’s competence in the way of project management’s leading diversity. It demands a specialist who can fulfill his role in project risk management.

Major drive behind Credential

The credential is a self-paced program. It mainly recognizes the aptitudeneeded in managing project risks. Further, it works in lessen down the risks.It is targeted at a project manager professional who are involved in recognizes individuals who provide expertise in order to identify project risks along with preparing plans to capitalize the opportunities.

Skills Identification

In the tunnel of Risk Management, below mentioned skills are measured:

• Risk communication
• Risk Governance
• Risk Analysis
• Risk response planning

Eligibility Criteria

In order to apply for PMI-RMP, Here is the criterion:

Educational Background	Project Risk Management Know-how	Project Risk Management Education
SSC (Secondary degree or high school diploma, associate’s degree or the global equivalent)	Minimum 4,500 of project risk management experience  hours you spent on directing a project	40 hours of project risk management education
OR
Four-year bachelor’s degree or the global equivalent	Minimum 3,000 hours of project risk management experience hours you spent on directing a project	30 hours of project risk management education

PMI-RMP Exam Syllabus

Regarding course objectives, it will be the existence of seven chapters.

• Chapter 1 :Project and Risk Management Framework
• Chapter 2: Risk Management Planning
• Chapter 3: Stakeholder communication and engagement
• Chapter 4: Risk identification
• Chapter 5: Risk Analysis
• Chapter 6: Risk Response
• Chapter 7: Risk monitoring and control

http://www.pmi.org/en/Certification/PMI-Risk-Management-Professional-PMI-RMP/PMI-RMP-Exam-Prep.aspx

PMI-RMP Exam Format

PMI exam is managed by Prometric which is taken at testing centers globally. In exam, the MCQ’s, Fact based questions and linear questions are included. PMI-RMP credential contains175 questions out of which 25 will be pretested and remaining will affect the score. Total time duration is 210 minutes in which a candidate has to solve all questions.

In order to get prepared, PMI-RMP exam guidance is surely helpful.

How to get registered?

In order to get registered, follow below listed instructions:

• Sign up to make an account at pmi.org
• For convenience, a printable application form is available.
• Download MI-RMP handbook to get aware of more details.
• For preparation, Grasp the exam outline, PMP-RMP credential handbook
• Once you get eligible for exam, PMI will notify to schedule the exam. Thus, opt the center near to you.

Registration Fee

For PMI members it costs $520 and for non-PMI members it costs $670. If fails in one trial, the re-examination can save you 2 time more. A re-examination fee is $335 on the other hand, for PMI- nonmembers it is $435.

Exams Retake Policy

In case of failure, the policy is that candidates are granted a one-year eligibility window. The candidates have a maximum of three attempts in order to pass PMI-RMP examination. Again, if they get failed, they have to wait for one year. Adding more, candidates must submit the re-examination form before going through the whole process.

For more details, visit PMI’s site:www.pmi.org