Yes, candidates who are pursuing PMI-RMP Certification should have an educational degree, a minimum number of experience hours in managing project risks , and formal project risk management education according to Project Management Institute.

The domains covered in PMI-RMP Exam are as follows:

• Risk Strategy and Planning-22%
• Risk Identification-23%
• Risk Analysis-23%
• Risk Response- 13%
• Monitor and Close Risks-19%

A PMI member incurs a cost of USD 520 while attempting PMI RMP Exam, whereas a non-member of PMI incurs a cost of USD 670.

Generally, the candidate has to wait only for 5 calendar days for his/her application to get processed. This duration may differ if the candidate’s application by chance gets chosen for an audit.

The questions of the exam are not only created but also individually approved by seasoned practitioners of risk management. These are in alignment with the latest practices in project management.

Candidates have the liberty to reschedule the existing exam appointment within a certain time period. On exceeding the said time limit, candidates would be required to pay a fine.

Please note, if you are within two days of your examination appointment, not counting the date of the appointment itself, you will be unable to reschedule your appointment. The only option presented will be to cancel.

There are no specific study hours but one needs to go through a rigorous and routined learning schedule. Unichrone’s training course is flexible enough to adjust with self-studying availability of one’s free time.

A time span of 90 days is provided for filling up the form. Once the term expires, the entire process has to be re-done. After entering the official website of PMI, the examinee has to create an account to register for the exam.

Results of the exam along with the assessment report can be accessed online. It takes 10 days starting from the exam date for the report to get published. This report is very helpful in learning one’s mistakes and not repeating them in the next attempt.

Each question in the exam bears one point each. Evaluation is done through psychometric analysis. Subject-matter experts across the globe collectively determine the number of right answers needed for the candidate to pass.

The duration offered for scheduling an exam date starts from the application approval day. It ends at 3 months before the completion of the exam-eligibility term. Thus, candidates are recommended to fix the date immediately after they get confirmed about their application acceptance.

Risk management is a process where certified risk professionals, identify risks, analyze and monitor potential risks that may disrupt the functioning of projects. Various measures are taken by risk managers to curb the risks arising due to external and internal factors.

Organizations that implement a robust risk management system in place benefit from handling complex projects at ease. As a result, such businesses hire risk management professionals to take advantage of delivering a project within the scheduled time, costs and resources. Also, organizations that are able to manage their risks effectively gain a competitive advantage over other businesses in the industry.

Project managers, team leaders, junior project managers, business analysts, and individuals who meet the eligibility requirements can become an RMP by passing the exam and earning the certification.

Individuals who meet the eligibility requirements set by Project Management Institute can enroll for risk management course which is carried out for 3 days. After the training session, individuals may take time to prepare for the exam in order to ace the exam the first attempt. Thereafter, individuals can apply for the RMP Certification. The actual time period for attaining the risk management certification cannot be determined as it depends on the capabilities of candidates.

On an average, a risk management professional is paid $100,000 annually. There is an increasing demand for such professionals as organizations constantly look for ways to mitigate potential threats that may harm the smooth flow of businesses.

Owning an RMP Certification in Cite Soleil helps an individual to get recognized globally and pursue a career in organizations located in various nations. When compared to non-certified professionals, a RM Professional is paid comparatively higher salary packages. Also, being certified as RMP increases the credibility of an individual in the project management community.

This certification assures an employee’s ability to analyze possible threats to the project. The individual is empowered to take necessary actions for reducing the number of risks. As a result, the employee becomes an asset for the organization that hires him/her.

Surveys have shown that 83% of organizations that are of a high profile deploy risk management techniques. Thus, there is a fair chance for professionals with this certification to be hired by such companies.

This certification is a benchmark for the performance of a project management employee. As suggested by professional reports, professionals with this accreditation are twice more capable of meeting project goals.

An individual’s efficiency in protecting the organization’s needs and capitalizing its resources are recognized through this certification. Companies seek professionals with RMP Certification who can bring credit to them.

Project Management environments are becoming more complicated and virtual these days. RMP-certified individuals possess appropriate tools for managing project risks with respect to their environment. Naturally, this certification attaches more value to the professionals to be hired.

Re-application for the exam is required when the candidate has failed all the attempts during the previous test-eligibility period. Fees have to be paid for appearing the second and the third time during that period.