PMI-RMP® Credential Overview

PMI-RMP

Description

The Project Management Institute's Risk Management Professional (PMI-RMP)® credential demonstrates that the project manager has the experience, education and competency to manage project risk. The PMI-RMP® credential was introduced in 2008 and as of year-end 2014, there are 2,900 PMI-RMP® credential holders globally.

Audience

Experienced project risk managers across all industries

Requirements

With a high school diploma or global equivalent:

>4500 hours of professional project risk management experience within the last 5 years

> 40 hours of project risk management education

With a Bachelor’s degree or higher:

> 3000 hours of professional project risk management experience within the last 5 years

> 30 hours of project management education

Application Process

  1. Verify that you meet the PMI-RMP® eligibility requirements above
  2. Create an account at www.pmi.org
  3. Complete the on-line PMI-RMP® application at pmi.org and submit
  4. In approximately 5 days you will receive an application approval e-mail from PMI®; log into www.pmi.org and pay your credential fee ($520 for PMI® members and $670 for non-PMI® members). Within minutes you will receive a confirmation e-mail stating 1 of 2 things:
    1. Thank you...here is your test code and exam scheduling instructions
    2. Thank you...your application has been selected for audit...here is your audit welcome packet
  5. If you are audited (25% of applications are randomly selected for audit upon payment of exam fees), complete all audit forms and mail them to PMI. In approximately 5 days you will receive an e-mail stating 1 of 3 things:
    1. Thank you...here is your test code and exam scheduling instructions
    2. Thank you...we require further information...here is what we need
    3. Sorry...you have failed to meet the audit requirements...please refer to the PMI-RMP® Handbook for our refund policy procedure
  6. When you have your test code, go to www.prometric.com/PMI to schedule your exam

Exam Information

  • You will have up to one year from the date your application is approved to take your exam
  • If you fail your exam, you are allowed to re-test twice within your one year eligibility period
  • Exams are available at multiple Prometric locations around the world
  • You will need to provide 2 forms of identification upon arriving at the test center
  • All of your belongings, including your cell phone, etc., are placed in a locker and are not accessible during the exam
  • You will have 3 1/2 hours to complete 170 multiple-choice questions
  • Of the 170 questions, 20 questions are considered pre-test and are not scored
  • The questions will represent the following risk management domains:
    • Risk Strategy and Planning - 19-20% of the exam questions
    • Stakeholder Engagement - 19-20% of the exam questions
    • Risk Process Facilitation - 25-28% of the exam questions
    • Risk Monitoring and Reporting - 19-20% of the exam questions
    • Perform Specialized Risk Analyses - 14-16% of the exam questions
  • There are no scheduled breaks during your exam and as such, the clock will continue even if you step away from the exam
  • Questions are provided one at a time and can either be answered, answered and marked, or left blank and marked for review
  • Upon submission of the exam, you will be asked to answer a survey prior to receiving your results
  • Upon completion of the survey, you will be notified as to whether you passed or failed the exam
  • The exam center will provide you with a paper copy of your results, including your proficiency level in each of the domains. Proficiency levels are:
    • Proficient
    • Moderately Proficient
    • Below Proficient

How to Prepare

To prepare for the PMI-RMP® exam you may choose to self-study or take an exam preparation course.
Because of the difficulty of the PMI-RMP® exam many candidates choose to attend an exam preparation “boot-camp” style class. Typical boot camps are 2-3 days in length. At PM Learning Solutions, we believe it takes a minimum of 30 hours of class time to convey all of the information and ensure the candidate will be able to pass on the first attempt.

Another option is to self-study. There are a number of products available on the market, but the ultimate sources are The Practice Standard for Risk Management  and The PMBOK® Guide, 5th Edition. Most students require supplements to these materials. Before purchasing any study materials / books, please verify that the author is actually PMI-RMP® credentialed and that the book is intended for exam prep versus a book on general risk management practices. Candidates that participate in PMLS's PMI-RMP® Exam Prep class will receive all of the materials that they need to be successful on the exams. The only supplement suggested would be PMLS's PMI-RMP® Exam Prep Flash Cards.

PMI-RMP® Exam Prep Resources

PMP® Classes

PMI-RMP® Corporate Classes

PM Learning Solutions

  2550 W Union Hills Dr

Suite 350-302

Phoenix, AZ 85027

  (888) 871-PMLS (7657)

  Mon - Fri | 9:00 - 5:00 MST

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