Risks are a part of project development and, if not managed in time, can pose a threat to an organization and lead to project failure. Hence risk management is a crucial part of all organizational activities, and PMI-RMP certification is a recognition badge for your risk management skills.
However, candidates are often left with various unanswered questions that prevent them from taking the exam.
Here you will find answers to PMI-RMP frequently asked questions and help you move ahead to apply for the exam.
A. The PMI Risk Management Professional (PMI-RMP)® is one of the eight PMI certifications. It helps you portray your knowledge and skills related to risk management planning, risk identification, risk evaluation, developing and implementing risk responses, and monitoring risks.
A. There are many reasons you, as a project manager, can benefit from this certification. A few of them are:
A. The PMI-RMP Exam Content Outline and Specifications (2022) list the details of the domains that you need to master for the exam, application process, eligibility criteria, examination fees, and other information related to the exam.
A. Before preparing for the PMI-RMP exam, grab a copy of the PMI certifications handbook. It includes:
A. PMBOK Guide 7th edition is recommended. PMI members can download it from their official website inside the member’s area.
A. PMI is currently the standard for risk management in portfolios, programs, and projects.
A. Yes. You can now take the PMI-RMP exam online under the supervision of a live proctor. The test is similar to the one conducted at the testing center.
A. If you work as a functional manager, risk manager, project manager, or C-suite executive, you must try to get certified. Also, if you have extensive experience in project risk management and have handled complex projects, then it is the best certification for you.
A. It is recommended to refer to the PMBOK Guide, 7th edition, and practice standard for risk management in portfolios, programs, and projects. Along with these, you can also enroll in training programs for exam preparations.
A. The application process for all the eight certifications by PMI has been simplified since June 2020. The number of screens is reduced from 30 to 4. You now do not have to enter experience in hours domain-wise, and you only have to enter experience details in months.
A. Yes. You have to fulfill specific criteria to be eligible to appear for this exam.
**Eligibility #1: **
Eligibility #2:
A. There are discounts available for PMI members. The exam fee for members is USD 520 and for non-members is USD 670.
A. You can schedule your exam upon receiving payment confirmation from the PMI.
A. Once you apply for the exam, you are eligible for one year and can make 3 attempts.
A. Your application is reviewed within 5 days of submitting it.
A. Your certification remains valid for three years. However, you have to fulfill certification maintenance criteria to apply for recertification.
A. The PMI-RMP certification exam has 170 questions to be completed within 3.5 hours.
A. All the globally-recognized certifications are challenging to pass. Also, the difficulty level varies from person to person, and it depends on your experience and preparation level.
These are the major PMI-RMP frequently asked questions. However, PMI-RMP is best for professionals with vast project risk management experience. If you have project management knowledge, you can also earn this credential to boost your career prospects. Hence, if you plan to take the PMI-RMP certification exam, it is recommended to clear the PMP exam first.
Read also: PMP Online Proctored Exam FAQs
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