PMI-RMP® - Risk Management Professional

Project managers, risk managers, compliance officers, and professionals responsible for risk management in project environments should consider this certification.

o Education:

o Secondary degree (high school diploma, associate degree, or equivalent):

o 36 months of project risk management experience

o 40 hours of risk management education

o Bachelor’s degree (or global equivalent):

o 24 months of project risk management experience

o 30 hours of risk management education.

o Number of Questions: 115

o Type: Multiple-choice

o Duration: 2.5 hours

o Passing Score: Not disclosed by PMI (pass/fail based on psychometric analysis).

o Cost:

• PMI Member: $520
• Non-Member: $670

Preparation time depends on your prior experience. On average, candidates spend 2-3 months studying for the exam.

o Risk Strategy and Planning: Developing a risk management strategy, aligning with organizational goals.

o Stakeholder Engagement: Managing stakeholder expectations and communication related to risks.

o Risk Process Facilitation: Identifying and analyzing project risks.

o Risk Monitoring and Reporting: Tracking and communicating risk performance and trends.

o Performing Specialized Risk Activities: Advanced risk techniques, including quantitative and qualitative analysis.

Training typically includes PMI’s risk management standards and guidelines, case studies, real-world scenarios, and simulation exams. Tools like Monte Carlo simulations and risk registers may also be introduced.