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.
Certification Path
There is no prerequisite for this PMI PMI-RMP exam.
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Prestigious Positions to Get
The PMI-RMP certification is the perfect boost you need to prove to your employers that you are well versed in all the techniques of project risk management. It places you at a higher competing ground among other risk management professionals. The individuals with this certificate can take up the job roles, such as a Risk Analyst, a Senior Risk Analyst, a Project Coordinator, a Risk Manager, a Project Manager, and a Program Manager, among others. The salary prospects for the Risk Analysts range from $80,730 to $106,991 per year, with an average remuneration of $93,469 per annum.
Reference: https://www.pmi.org/certifications/risk-management-rmp
PMI PMI-RMP Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Risk Response Planning | 13% | - Integrate responses into project plan - Select appropriate response actions - Develop response strategies for threats and opportunities - Assign owners and responsibilities |
| Risk Identification | 23% | - Capture opportunities as well as threats - Apply identification techniques - Document risks and characteristics - Update risk register - Identify internal and external risks |
| Risk Monitoring and Reporting | 19% | - Update risk register and documents - Identify new and emerging risks - Track effectiveness of responses - Communicate risk status to stakeholders - Monitor identified risks and triggers - Capture lessons learned |
| Risk Strategy and Planning | 22% | - Integrate risk management into project lifecycle - Develop risk management strategy - Define risk appetite, threshold, and tolerance - Align risk management with organizational and project objectives - Create risk management plan |
| Risk Analysis | 23% | - Use simulation and modeling techniques - Perform quantitative risk analysis - Assess probability and impact - Prioritize risks - Perform qualitative risk analysis |
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