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Exam Info

The candidates will have 210 minutes to answer 170 questions presented in the multiple-choice format. Please note that there are 20 unscored items, which will be placed throughout the subject areas as the pretest questions. This exam can be taken in the English language, and the students must pay the fee of $520 (for PMI members) or $670 (for non-members) to schedule the test. As for the registration process, it can be done through the Pearson VUE platform.

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.

2. In case you have a four-year degree such as a bachelor's degree, you need to have:

  • worked as a project manager for 24 months in the past 5 years;
  • undergone project risk management education for at least 30 hours.

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.

Reference: https://www.pmi.org/certifications/risk-management-rmp

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PMI PMI-RMP Exam Syllabus Topics:

SectionWeightObjectives
Risk Analysis23%- Use simulation and modeling techniques
- Perform qualitative risk analysis
- Perform quantitative risk analysis
- Assess probability and impact
- Prioritize risks
Risk Monitoring and Reporting19%- Update risk register and documents
- Track effectiveness of responses
- Capture lessons learned
- Communicate risk status to stakeholders
- Monitor identified risks and triggers
- Identify new and emerging risks
Risk Identification23%- Identify internal and external risks
- Document risks and characteristics
- Apply identification techniques
- Capture opportunities as well as threats
- Update risk register
Risk Response Planning13%- Develop response strategies for threats and opportunities
- Assign owners and responsibilities
- Select appropriate response actions
- Integrate responses into project plan
Risk Strategy and Planning22%- Create risk management plan
- Develop risk management strategy
- Align risk management with organizational and project objectives
- Integrate risk management into project lifecycle
- Define risk appetite, threshold, and tolerance

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