Anyone who has pursued a project management certification is familiar with the Project Management Institute (PMI), either through research or by picking up the coveted Project Management Professional (PMP) credential. However, PMI also offers the Risk Management Profession (PMI-RMP) certification, as well as several others that focus on business management, processes, analysis and scheduling.
The PMI-RMP identifies IT professionals involved with large projects or working in complex environments who assess and identify project-based risks. They are also competent in designing and implementing mitigation plans that counter the risks from system vulnerabilities, natural disasters and the like.
The PMI-RMP exam covers five knowledge domains: Risk Strategy and Planning (Domain 1), Stakeholder Engagement (Domain 2), Risk Process Facilitation (Domain 3), Risk Monitoring and Reporting (Domain 4) and Perform Specialized Risk Analyses (Domain 5).
Requirements: Pass one exam (170 questions, 3.5 hours), prove achievement of a secondary degree (high school diploma, associate’s degree or global equivalent), and prove at least 4,500 hours of project risk management experience and 40 hours of project risk management education. The experience and education requirement can be substituted with a four-year degree (bachelor’s degree or global equivalent), at least 3,000 hours of project risk management experience and 30 hours of project risk management education.
Exam cost: $520 (member), $670 (non-member).