Risk Management Professional (RMP)

Hello RMP Aspirants,

I thought the RMP was a much harder. The PMP (which I took 8 months ago) seemed pretty easy to me perhaps because the broad range of material creates highly differentiated answer choices. It's always easy to throw away at least two on the PMP. This wasn't the case on the RMP. The answers were much closer together requiring greater knowledge of the material.

If you really want to be safe,

Know every single tool in detail and their pros and cons. memorize the risk ITTOs.

• Get the Rita Risk Management Professional book to flesh out your knowledge, but know that it is definitely NOT definitive unlike their PMP material. You should be able to go through it pretty quick and just fill in the gaps if you already thoroughly studied the Rita PMP Prep Book. Read the Rita Risk Chart daily

• You'll have to find something with distributions in it and understand how they relate to estimating (PERT).

• Decision trees are more complex than what is in the Rita materials. You need to find something to help with that.

• Understand concepts of checklists/Residuals/secondary risks/fallback plans/workarounds/contingency plans/Project Risk Scores/Risk Ranking e.t.c

• Know all about management and contingency reserves, how to create, when to use, how to use, approval, etc.

• Know Expected Monitory Value and basic Earned Value Analysis and calculations on Best Case/Worst case Scenario.

• Understand risk Inputs Tools & Techniques Outputs. There are nitty, gritty questions about what tool or output falls under what process and so forth. They constitute at least half the questions, and all of the other choices will also be risk ITTOs.

• Keep your 42 process chart & Formulas handy during the exam and Focus reading the questions..

• Focus on last 4 Knowledge areas Human Resource, Communication, Risk & Procurement from PMBOK and “Risk Management Standards”

• Duration for study, if your PMP concepts are fresh 10 days consecutive days are good enough …

Good Luck to all other RMP Aspirants

Mansoor – RMP, PMP