(RMP) Risk Management Professional
Introduction
The Project Management Institute (PMI)® offers a professional credential for project risk managers, known as the PMI Risk Management Professional (PMI-RMP) ®. PMI’s professional credentialing examination development processes stand apart from other project management certification examination development practices. PMI aligns its process with certification industry best practices, such as those found in the Standards for Educational and Psychological Testing. A key component of this process is that organizations wishing to offer valid and reliable professional credentialing examinations are directed to use a role delineation study (RDS) as the basis for the creation of the examination. This process uses knowledge and task-driven guidelines to assess practitioner competence, and determine the level of salience, criticality, and frequency of each of the knowledge, tasks, and skills required to perform to the industry-wide standard in the role of a project risk manager.
The role delineation study ensures the validity of an examination. Validation assures the outcome of the exam is in fact measuring and evaluating appropriately the specific knowledge and skills required to function as a project risk management professional. Thus, the role delineation study guarantees that each examination validly measures all elements of the project risk management profession in terms of real settings.
PMI-RMP® credential holders can be confident that their professional credential has been developed according to best practices of test development and based upon input from the practitioners who establish those standards. The PMI-RMP examination is a vital part of the activities leading to earning a professional credential; thus, it is imperative that the PMI-RMP examination reflect accurately the practices of the project risk management professional. All the questions on the examination have been written and extensively reviewed by qualified PMI-RMP credential holders and are supported by current project risk management published references. These questions are mapped against the PMI-RMP Examination Content Outline to ensure that an appropriate number of questions are in place for a valid examination.
PMI retained Alpine Testing Solutions to develop the global PMI-RMP Examination Content Outline. Alpine Testing Solutions provides psychometric, test development, and credential management solutions to credentialing and educational programs. Finally, while the PMI-RMP Examination Content Outline and The Standard for Risk Management in Portfolios, Programs, and Projects (2019) have commonalities, it is important to note that those involved in the study described previously were not bound by The Standard for Risk Management in Portfolios, Programs, and Projects. They were charged with defining the roles of individuals assessing and identifying project risks, mitigating threats, and capitalizing on opportunities, and using their experience and pertinent resources to help in this task.
Exam Content Outline
The following table identifies the proportion of questions from each domain that will appear on the examination. These percentages are used to determine the number of questions related to each domain and task that should appear on the multiple-choice format examination. Important note: The research conducted through the JTA validated that today’s project risk management practitioners work in a variety of project environments and utilize different project approaches. Accordingly, the PMI-RMP certification will be reflective of this and will incorporate approaches across the value delivery spectrum. Predictive, agile, and hybrid approaches will be found throughout the five domain areas listed below and are not isolated to any particular domain or task. The exact number of items for each question type and approach may vary by form. Our scoring model is periodically reviewed by scoring experts to ensure valid assessment of knowledge and skills.
Retaking the Exam
If you do not pass your first exam attempt (and you did not take the Pilot Exam during the Pilot Period), we encourage you to continue your study and retake the exam. You may take the examination up to three times within your one-year eligibility period. After three attempts, you must wait one year from the date of the last examination before you reapply for the certification. This policy is designed to uphold exam security and reduce overexposure of examination questions to individual candidates. However, during this year you are welcome to apply for any other PMI certification. If your one-year eligibility period expires without you passing the examination, you must reapply for the certification.
Reference Materials
Exam candidates should be aware that the PMI Risk Management Professional (PMI-RMP) examination is not written according to any single text or singularly supported by any particular reference. PMI does not endorse specific review courses resources, references, or other materials for certification preparation. The references listed below are not inclusive of all resources that may be utilized and should not be interpreted as a guaranteed means of passing the exam. As the PMI-RMP is a competency–based credential which assesses the integrated set of knowledge, skills and abilities as gained from both practical and learned experiences, it should also be noted that the references identified herewith are but one element of a broader set of educational resources and texts that might possibly be utilized for exam
study and preparation.
The Standard for Risk Management in Portfolios, Programs, and Projects (2019)
Project Management Institute
A Guide to the Project Management Body of Knowledge (PMBOK® Guide), Seventh edition
Project Management Institute
Practical Project Risk Management; The ATOM Methodology, 3rd edition
David Hillson and Peter Simon
Identifying and Managing Project Risk, 3rd edition
Tom Kendrick
Enterprise Risk Management: Today's Leading Research and Best Practices for Tomorrow's Executives,
2nd edition
John Fraser, Rob Quail and Betty Simkins
Project Risk Management: A Practical Implementation Approach
Michael M. Bissonette