Should I Go for the PMI-RMP Certification Exam

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Should I Go for the PMI-RMP Certification Exam?
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After having passed the PMP test, a thought could
come to the mind. Do you need to get the PMI-RMP
Certification? Do you think it has any
significance? Many times I hear this question
from people who have recently completed PMPs.
This is a common concern since the PMI-RMP is the
most sought-after certification from the PMI that
they wish to get it. There could be a different
reason. You've been studying for the PMP test. It
passes, but the pressure has been released but
you're not happy with the results. You have
passed an exam like the PMP examination was not a
success for you. You are now in search of a new
project, and are considering taking the PMI-RMP
test. I would not advise you to get this
certification just to get it. There is a
different category of candidates who didn't
successfully pass the PMP exam , but are looking
for the PMI-RMP certificate because of their work
requirements.
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Do I need to go for the PMI-RMP certification
test? It is recommended to get this certification
if you're engaged in the field of risk
management, and have a an genuine interest. This
certification can improve your efficiency and
enhance the chances of your career
advancement. You may also earn this certificate
if you're involved in project management and
looking to pursue the path of the field of risk
management.
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Does this certification appreciated in the
business world? Yes, it is an extremely
sought-after credential in the business and I've
seen it. I have received a lot of interviews when
I changed my CV to include the PMI-RMP
certification. A quick search on any job website
for risk management positions will show that
numerous employers have recommended this
credential , and certain have even made it
compulsory. This demonstrates the importance of
this credential. In the past, PMP certification
holders were uncommon and companies were content
just to have these individuals. Today, businesses
are becoming more prudent. The failure of a
project can be a expensive event They want to
stay clear of it at all costs. This is why they
prefer those with PMI-RMP certification over
non-PMI RMP certification holders to reduce the
risks associated with their projects. I hope that
I've addressed your concerns and you're in a
better position to make a decision about whether
you want to obtain the PMI-RMP certificate and if
you should not. The below information will help
you to understand the process if are considering
this certification.
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Eligibility You must have at least at least 4,500
hours of project risk management experience, if
you have a second degree (high secondary diploma
or similar) and must take part in at least 40
hours of formal project risk management
education. You must have 3000 hours of risk
management experience, if you are a graduate of a
four-year program (bachelor's degrees or
equivalent) and take at least 30 hours of formal
training in project risk management. Exam Fee The
cost for the exam to PMI participants is 520,
and 670 USD for non-members. The PMI membership
cost is 139, which means that if you join PMI
and you apply for the PMI-RMP exam you'll save 11
dollars. This is why I recommend you purchase an
PMI membership prior to applying to the exam, and
make use of the numerous advantages it
offers. Exam The PMI-RMP test consists of 170
multiple-choice tests which include 20 pretest
questions. These questions aren't added to your
final score however they are used to test the
accuracy of questions to be included in future
exams. Since you can't discern the questions in
these tests, you need to be prepared to tackle
every one of the 170 questions. The duration of
the test is 3.5 hours. There is no planned break.
It is possible to break for a moment but the
duration is included in the time for the exam.
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Benefits of a PMI-RMP Certification According
to"Pulse" of the Profession Edition 2015
findings 83 of the organizations that perform
well in project management use risk management
often, while only 49 of the low performers
practice it. This practice results in an
impressive payoff High performers reach their
targets 2.5 times more frequently and spend 13
times less than lower performers. Source
PMI This certification helps companies achieve
better results. It helps them be more proactive
with regards to managing risks. It enhances the
efficiency of projects, helps reduce the chance
of losses and surprises and increases the
resilience of an organization. It boosts the
confidence of stakeholders and trust in both you
and your company.
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