How to Become a PMI-RMP (Project Management Institute - Risk Management Professional)

Job security is increasingly more important in today's work environment. Project Management is one of the strongest fields to be in at this time. The PMI-RMP (Project Management Institute - Risk Management Professional) recognizes individuals who provide expertise in the specialized area of assessing and identifying project risks along with preparing plans to mitigate threats and capitalize on opportunities, according to PMI. This global credential acknowledges individuals who strengthen and support project management by offering knowledge specific to project risk management.

APPLICATION SUBMISSION:
In this step you will be documenting all of your education and project management experience. This can be done online at the Project Management Institute (PMI) web site. PMI is very clear in defining these requirements. First you will need to meet the education and professional experience requirements. There are two options: Option one: High school diploma, associate's degree or global equivalent AND at least 4,500 hours spent in the specialized area of professional project risk management within the last five consecutive years AND 40 contact hours of formal education in the specialized area of project risk management; or Option two: Bachelor's degree or global equivalent AND at least 3,000 hours spent in the specialized area of professional project risk management within the last five consecutive years AND 30 contact hours of formal education in the specialized area of project risk management. Once you submit your application, this application window is open for 90 days.

APPLICATION COMPLETENESS REVIEW:
It takes PMI about 5 business days to review your application once submitted online.

APPLICATION PAYMENT PROCESS:
If your application passes the review process, you will need to pay for your exam before it can be scheduled. The cost of the exam is $670 ($520 for PMI members).

AUDIT PROCESS:
If your application is selected for audit, this process will take 5 business days. During this process you will be asked for copies of diplomas and signatures from supervisors or managers to the projects you have worked on.

MULTIPLE-CHOICE EXAMINATION ELIGIBILITY:
You are eligible to take your test for 1 year from the date of your application being approved. If you have not taken your test in this period of time, you will need to reapply. The exam contains 170 multiple-choice questions. 20 of the questions are considered pretest questions, and 150 are scored. You will be given 3.5 hours to complete the exam.

CERTIFICATION CYCLE:
Your certification is valid for 3 years after passing the exam. After this time, continuing education is required to maintain the certification.