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RIMS-CRMP Handbook 2024

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RIMS-CRMP

Certification Handbook
RIMS
228 Park Ave S PMB 23312, New York, NY 10003-1502
(212) 286-9292 | RIMS-CRMP@RIMS.org
www.RIMS.org
RIMS-CRMP Certification Program | Certification Handbook

Table of Contents
About the RIMS-CRMP Certification Program..................................................... 3
Introduction............................................................................................................................3
The RIMS-CRMP Certification..........................................................................................3
Scope of the RIMS-CRMP Certification.........................................................................3
The RIMS-CRMP Certification Commission.................................................................3
Eligibility Requirements........................................................................................... 4
Definitions.............................................................................................................................. 4
Eligibility Appeals................................................................................................................ 4
Application............................................................................................................................ 4
Preparing for the Examination............................................................................... 5
Certification Commission Position on Training and Education............................. 5
Studying for the Exam....................................................................................................... 5
Examination Content.......................................................................................................... 6
Examination Matrix............................................................................................................ 6
RIMS-CRMP Examination Content Outline..................................................................7
Scheduling the Examination................................................................................... 8
Scheduling............................................................................................................................. 8
Availability of CBT Sites...................................................................................................... 8
No Show Policy.................................................................................................................... 8
Refund Policy........................................................................................................................ 8
Exam Cancellations ........................................................................................................... 9
Taking the Examination........................................................................................... 9
Examination Administration of Online Proctored Exams........................................ 9
Authorization to Test........................................................................................................... 9
Examination Security Procedures.................................................................................. 9
Biometrics.............................................................................................................................10
Erasable Note Board.........................................................................................................10
Personal Items.....................................................................................................................10
After the Examination.............................................................................................10
Examination Results..........................................................................................................10
Disputed Results.................................................................................................................10
Retests.....................................................................................................................................11
Maintenance of Certification and Recertification.............................................. 11
Annual Maintenance and Reporting Requirements................................................11
Recertification Fees.............................................................................................................11
Recertification Cycle...........................................................................................................11
Recertification......................................................................................................................11
RIMS-CRMP Code of Professional Responsibility...............................................12
The Code of Ethics............................................................................................................. 12
RIMS-CRMP Certification Definitions ..................................................................13
RIMS-CRMP Certification Reference Material List ........................................... 14
RIMS-CRMP Fee Schedule .....................................................................................15

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RIMS-CRMP Certification Program | Certification Handbook

About the RIMS-CRMP Certification Program


Introduction
Thank you for your interest in the RIMS-Certified Risk Management Professional (RIMS-CRMP) examination administered by
RIMS, the risk management society™. As the preeminent organization dedicated to advancing the practice of risk management,
RIMS is a global not-for-profit organization representing more than 3,500 industrial, service, nonprofit, charitable and government
entities throughout the world. Founded in 1950, RIMS brings networking, professional development and education opportunities to
its membership of 10,000 risk management professionals who are located in more than 60 countries.
This handbook contains the application requirements, procedures, and eligibility to sit for the RIMS-CRMP certification examination.
The policies that oversee the certification process are also included.

The RIMS-CRMP Certification


The mission of the RIMS-Certified Risk Management Professional (RIMS-CRMP) certification program is to advance risk manage-
ment from a discipline to a recognized profession that can be relied upon by the public by defining and reinforcing the profession-
al capabilities and competencies needed by organizations of current and next generation risk management practitioners.

The RIMS-CRMP certification defines the highest achievement of risk management competencies for the risk management professional.
Individuals who earn the RIMS-CRMP have demonstrated their knowledge and competency in the area of risk management, and are
dedicated to upholding high standards of ethical and professional conduct. It represents the standard of education, experience and
integrity that the discipline requires. Individuals who earn and retain the RIMS-CRMP certification are required to pass a rigorous exam,
uphold an established Code of Ethics and meet certification maintenance requirements. Typically RIMS-CRMPs have expertise in risk
management and have chosen to supplement their existing professional knowledge by earning the RIMS-CRMP certification.

RIMS-CRMPs may use the credential to establish credibility within their organization and among risk management professionals.
Adding the RIMS-CRMP certification to your professional profile verifies that you have achieved the level of expertise, education, and
experience required to successfully manage risk, support risk-informed decision-making, and create value for your organization.

Scope of the RIMS-CRMP Certification


The scope of the RIMS-CRMP is as follows:
A risk management professional is a partner who supports the organization to leverage the opportunities and un-
certainties associated with its goals and objectives. They lead the development and implementation of risk man-
agement practices that enable the organization to make risk-effective decisions that create and sustain value.

The RIMS-CRMP Certification Commission


The RIMS-CRMP Certification is governed by the Certification Commission. The Commission is an independently appointed
authority whose charge is governance of the certification process and related certification decisions. The charge includes over-
sight of the certification program, promotion of certification within the risk management profession and maintaining independent
functions that are separate from other RIMS units such as membership and other entities. This practice assures that all certification
decisions and practices are made in accordance with certification program requirements and are not linked to other RIMS pro-
grams or membership requirements.
The Certification Commission operates independently to establish and uphold high standards of competence for RIMS-CRMPs
and to evaluate RIMS-CRMPs against those standards.
The purpose of the Certification Commission is to:
1. Establish and implement policies and procedures that guide certification decisions, including the granting, maintaining, recertifying,
altering the scope of the certification, and suspending or withdrawing the certification;
2. Review and impose sanctions on RIMS-CRMPs found in violation of the RIMS-CRMP Code of Ethics;
3. Develop and maintain a valid, reliable, and legally defensible assessment;
4. Assure the trust of the public is served through the certification program;
5. Acquire, develop, disseminate, and preserve data and other valuable information that informs the RIMS-CRMP Certification Program;
6. Represent and include the interests of interested parties and stakeholders affected by the RIMS-CRMP Certification.

© 2024 Risk and Insurance Management Society, Inc. All rights reserved. 3
RIMS-CRMP Certification Program | Certification Handbook

RIMS-CRMP Eligibility Requirements


All applicants for the RIMS-CRMP certification must meet these requirements:
1. Degree and Experience Requirement
Bachelor’s degree1 or higher (or global equivalent) in risk management, and one year of full-time work experience (or full-time
equivalence) in risk management.2
OR
Student enrolled in the final year of a bachelor’s degree program or higher (or global equivalent) in risk management.3
OR
Bachelor’s degree or higher (or global equivalent) in non-risk management area of study, and three years of full-time work
experience (or full-time equivalence) in risk management.1
2. Non-Degree Experience Requirement
Six years of risk management experience.1
1
Degrees must be obtained from accredited or equivalent schools of higher education.
2
Risk Management experience, broadly defined, is occupational experience that includes the competent application of frameworks, tools, and
solutions that support risk-informed decision-making to achieve an organization’s goals. Occupational experience spans from early-stage program
design, to risk financing and executive risk advising. This includes discovering, analyzing, implementing, or leading the risk management practices for
or on behalf of organizations. This experience may also include the development, selection or offering of risk transfer or financing solutions. Irrespec-
tive of any job specific focus, the core element of the risk management experience is the alignment of risk-informed decisions with the organization’s
strategy to create and protect enterprise value.
3
Students may apply for the certification and take the examination but will not be awarded the certification and may not hold themselves as certification
holders until after passing the exam, completing the degree requirement, and demonstrating one-year of full-time experience in risk management.
Conduct Disclosures and Eligibility. A criminal conviction or other adjudication (including civil judgments or licensure orders) based on
conduct that relates to the applicant’s risk management duties, or relates to fraud, dishonesty, theft, abuse of trust, or otherwise bears on
an applicant’s fitness to serve as a risk management professional may render the applicant ineligible for RIMS-CRMP certification. Any
disclosure made under this provision will be reviewed by the Certification Commission prior to a final decision on eligibility being made.
Applicants must also submit a completed application which can be found under the “How to Apply” section of the RIMS-CRMP website.
The RIMS-CRMP certification examination is offered year-round. Candidates will receive notification of eligibility to take the exam that
will contain an authorization to test. The exam must be taken within the test window or the examination fee will be forfeited, and the
candidate will be required to reapply as a new applicant.
The Fee Schedule is located on page 16.

Definitions
Applicant: An individual who has submitted the Application for RIMS-CRMP Certification.
Candidate: An individual who meets the eligibility requirements for RIMS-CRMP Certification.
Certified Individual: An individual who has earned and maintained the RIMS-CRMP Certification and is authorized to use the RIMS-CRMP® mark.
A complete list of definitions is located on page 14.

Eligibility Appeals
If an applicant is notified that they do not meet the eligibility requirements to sit for the exam, the applicant may appeal the decision to
the Commission. The candidate must complete a RIMS-CRMP Certification Appeals Form and submit to the RIMS-CRMP Certification
Department within those 30 calendar days to RIMS-CRMP@RIMS.org. Visit www.RIMS.org/Certification to download the full RIMS-
CRMP handbook, which includes the Appeals Form.

Application
The application for the RIMS-CRMP is available in the How to Apply section of the RIMS-CRMP website at www.RIMS.org/Certification.
Candidates may also request a copy by contacting the RIMS-CRMP Certification Department at RIMS-CRMP@RIMS.org
Electronic signatures will be accepted on the application. In compliance with federal “E-SIGN” legislation, the RIMS-CRMP Certification
Department will securely store all online applications, renewal and recertification applications.
All candidates will be notified within 15 business days via email once their application for the RIMS-CRMP certification program has
been processed and approved. The email will include detailed directions for how to register for the RIMS-CRMP examination.
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RIMS-CRMP Certification Program | Certification Handbook

Preparing for the Examination


The RIMS-CRMP examination is a computer based, multiple-choice, closed book examination that is proctored. Candidates have two
hours to complete the examination.
The RIMS-CRMP examination was developed in accordance with best practices in test development and measurement. Working
with experts in the development of certification examinations, the resulting RIMS-CRMP certification examination is reliable and valid.
To validate the examination, measurement specialists worked with the RIMS-CRMP staff, and a committee of RIMS-CRMP Subject
Matter Experts (SMEs) to design and conduct a job task analysis study. That analysis resulted in the development of a standardized
examination content outline that included the expertise of RIMS-CRMP SMEs. RIMS-CRMP SMEs were also called upon to write, review,
edit, and approve examination questions under the guidance of experts in testing and measurement.
Candidates are encouraged to prepare for the RIMS-CRMP examination by reviewing the RIMS-CRMP Examination Blueprint located
on page 6 of this handbook, as well as resources located on the RIMS-CRMP website. Candidates may also choose professional
courses, college/university courses or self-study methods to prepare for the examination. The RIMS certification department cannot
recommend or endorse any courses or curriculum in preparation of the exam.
A list of suggested reference materials is located on page 14.

Certification Commission Position on Training and Education


Please note that the Certification Commission does not require applicants to take prescribed training or education programs
from any company or organization. The Commission does not recommend or endorse any training or education programs as
preparation for the certification examination, nor does it accredit or endorse any source of education as a guarantee of success
on the RIMS-CRMP certification examination. Certification is awarded solely on the basis of an individual’s ability to meet the
certification requirements.

Studying for the Exam


The RIMS-CRMP certification represents knowledge about risk management that is available from a wide range of sources, some of
which are listed below. The RIMS-CRMP Certification Department does not guarantee that the resources it provides, or those of any
other entity, will ensure passing the RIMS-CRMP examination. The RIMS-CRMP Certification Department does not require candidates
to purchase any of its resources as a condition of qualifying for the examination or awarding the RIMS-CRMP certification. Visit the
Resources section of the RIMS-CRMP website for a list of recommended reading material.
The important topics that candidates should study to successfully prepare for the RIMS-CRMP examination are listed in the Examination
Content Outline (see page 7). Candidates are strongly encouraged to carefully review the Examination Content Outline to identify any
topic areas that may require extra review and study.
Candidates should decide what they want to read and study based on their current experience and knowledge about risk management
to determine how much preparation is required for each topic area of the examination. Consider the following questions in order to
determine how you should study:
• What area has the greatest number of test questions?
• What area will require the most prep time?
• What are your stronger areas? Concentrate on the areas on which you are least familiar.
A list of suggested reference materials is located on page 14.

© 2024 Risk and Insurance Management Society, Inc. All rights reserved. 5
RIMS-CRMP Certification Program | Certification Handbook

Examination Content
Examination Blueprint Matrix
This exam matrix is provided to illustrate the general distribution of questions and the relative weight or emphasis given to a skill or
content area on the examination. A successful risk management practitioner should have experience and a fundamental under-
standing of these five broad topic areas. For a more specific breakdown of topics, refer to the Final Examination Content Outline.

Final Examination Blueprint Matrix

Examination Blueprint Matrix


A. Analyzing the Organizational Model 16%
B. Designing Organizational Risk Strategies 26%
C. Implementing Risk Process 32%
D. Developing Organizational Risk Competency 16%
E. Supporting Decision Making 10%
Total 100%

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RIMS-CRMP Certification Program | Certification Handbook

RIMS-CRMP Examination Content Outline


The task list below describes the activities that a RIMS-Certified Risk Management Professional is expected to perform on the job.
All examination questions are linked to these tasks.

Final Examination Content Outline

Duties and Tasks Final


A. Analyzing the Organizational Model 16%
A.1 Obtain internal organization information
A.2 Obtain external information about organization
A.3 Conduct internal analyses on the organization
A.4 Assess organizational resilience
B. Designing Organizational Risk Strategies 26%
B.1 Determine risk appetite and tolerance
B.2 Develop risk strategy approach
B.3 Define organizational risk competency and capabilities
B.4 Design risk management framework
B.5 Obtain organizational support for risk strategy
B.6 Design implementation plan
B.7 Develop risk communication plan
C. Implementing Risk Process 32%
C.1 Identify scope, context, and criteria
C.2 Identify risks and opportunities
C.3 Analyze identified risk
C.4 Evaluate risk
C.5 Collaborate with stakeholders to identify risk solution options
C.6 Monitor organizational risk
D. Developing Organizational Risk Competency 16%
D.1 Engage organization’s risk network
D.2 Deliver risk training
D.3 Coach organization on the risk process and techniques
D.4 Continuously improve risk management process
D.5 Integrate risk management into day-to-day operations
E. Supporting Decision Making 10%
E.1 Influence risk-based decision making
E.2 Advise on risk and resilience decisions
Total 100%

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RIMS-CRMP Certification Program | Certification Handbook

Scheduling the Examination


Scheduling
All candidates will receive an email from the RIMS-CRMP Certification Department with detailed instructions for scheduling the
examination with Pearson VUE. Candidates will have the opportunity to schedule their examination either online or by telephone for CBT
exams at Pearson testing centers. Candidates registering for online proctored exams may only schedule their exam online. The RIMS-CRMP
Certification Department and Pearson VUE will send an email to candidates with a complete list of examination registration instructions. The
candidate should contact the RIMS-CRMP Certification Department immediately if they do not receive the emailed instructions

Availability of Computer-Based Testing (CBT) Sites and Online Proctored Exams


The RIMS-CRMP Certification Department makes it possible for candidates to sit for the RIMS-CRMP certification examination at a
date and time that is convenient for them. Candidates may schedule their RIMS-CRMP certification examination at any convenient date
and time within their eligibility period. Candidates must schedule their exam at least 24 hours in advance, but may schedule up to 60
calendar days before their desired examination date for the best selection of dates, times, and testing locations.
Note that because Pearson VUE testing centers have limited availability, especially during prime testing periods, it is recommended
that the candidate schedule their exam early in order to increase the likelihood of receiving their first choice of date, time, and location.
Appointments will be made on a first-come, first-served basis, according to availability of testing sites. Neither RIMS nor the RIMS-CRMP
Certification Department is responsible for test center availability.
If the candidate fails to schedule their examination within their eligibility period, the candidate will be subject to an examination
extension fee. Neither the RIMS-CRMP Certification Department nor Pearson VUE is responsible if the candidate does not schedule an
appointment before their eligibility expires. A fee schedule is posted on the RIMS-CRMP certification website.
Testing centers can be located by visiting the Pearson VUE website and clicking “For test takers.”
Scheduling an online proctored exam is the same as scheduling an exam at a Pearson testing center. Candidates will be given the
option to choose to take the exam at their home residence or in their office.

No-Show Policy
Once the CBT examination or online proctored appointment is scheduled, the candidate will be permitted to make changes to the
appointment such as location, rescheduling or cancellation. All changes are made through the PearsonVue.com website.

Candidates may cancel a scheduled exam online without penalty up to 24 hours before their appointment. Candidates who do not give
at least 24 hours’ notice of cancellation or who do not show up for the exam appointment will be considered a no show. Candidates
who show up late and are not admitted, fail to present adequate identification, or refuse to sign the nondisclosure agreement will not be
allowed to take the test and will be considered a no show.

Candidates who are considered no-shows forfeit the full examination fee. Should no-show candidates wish to register for the
examination again, they will be required to pay an additional examination (no-show) fee. A fee schedule is located on page 16 or you
may view it on the “Application” section of the RIMS-CRMP website.

Refund Policy
Refunds are granted only for ineligibility, emergency cancellations, withdrawals from the certification process within the original
authorization period. Refunds are granted at the discretion of certification personnel. Refunds are not granted to candidates who forfeit
or fail the examination.

If your application is pending approval for over one year, your application will be purged and your exam fees will be forfeited. No
refund will be provided. If you wish to pursue certification, you will need to reapply, resubmit the necessary documents, and repay the
application fees.

If you become a RIMS member after submitting your exam application, you will not be granted a refund for the member rate for
certification.

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RIMS-CRMP Certification Program | Certification Handbook

Cancel and Reschedule an Exam Without Penalty


Extenuating circumstances which are considered grounds for an emergency exam cancellation, no-show at a scheduled exam, or
withdrawal from an exam without penalty include the following: 1) Medical emergency; 2) Death in immediate family; 3) Jury duty; 4)
Military duty; or 5) State of emergency. Work-related circumstances are not considered extenuating under this policy.

Candidates who experience an emergency situation must cancel their exam, request a cancellation, or withdraw from the exam within
72 hours following the missed exam appointment in writing to RIMS-CRMP@RIMS.org and shall include supporting documentation of
the circumstances. If your request is approved, you will be provided with a new authorization to reschedule your exam at no cost.

In the event that the OnVUE connection is lost during check-in to take the examination, or the proctor has not contacted the candidate
within thirty (30) minutes, the candidate will need to reschedule the exam. The fee to reschedule will be waived.

Taking the Examination


All RIMS-CRMP candidates must have prior authorization from the RIMS-CRMP Certification Department to take the examination.
Candidates must provide two forms of identification (a list of acceptable forms of identification is below), at least one of which must be
government issued, have a photo and a signature. The name on the IDs must match exactly the name submitted on the application or
on the web account profile and in the appointment confirmation email.
Additional details on taking the examination are provided to candidates in the email they receive from the RIMS-CRMP Certification
Department once their application is approved. If candidates experience problems that affect their ability to take the examination, they
must notify the test administrator at the testing site or online proctor immediately. Test administrators or online proctors cannot answer
any questions about test items or content of the examination. However, if candidates have a procedural question, the testing staff and
online proctor will do their best to assist them. If during the examination the candidate has questions or concerns about a test item, they
may leave a comment by clicking the “comment” button on the computer screen or through chat to contact the online proctor.
All examination questions are copyrighted property of RIMS. It is forbidden under federal copyright law to copy, reproduce, record,
distribute or display these examination questions by any means, in whole or in part. Doing so may subject the candidate to severe civil
and criminal penalties and actions by the RIMS organization.
The test administrator or proctor will keep the official time and ensure that candidates are given the allotted time of two hours for the
examination. If a candidate leaves the room to take a restroom break the examination time will not stop. Restroom breaks are not
permitted for online proctored exams. Candidates are not permitted to leave the examination area to go to their cars, to speak to
anyone, or make personal calls.
The test administrator may dismiss a candidate from the examination for any of the following reasons:
• If the candidate’s admission to the examination is unauthorized.
• If a candidate creates a disturbance or gives or receives help.
• If a candidate attempts to remove examination materials or notes from the testing room.
• If a candidate attempts to take the examination for someone else.
• If a candidate has in his or her possession any prohibited item.
• If a candidate exhibits behavior consistent with memorization or copying of examination items.
The following protocols apply to online proctored exams:
• The testing area should be in a walled room with a closed door.
• Individuals other than the candidate may not see the computer screen that presents the examination questions.
• If another person enters the room during testing, the exam will be terminated.
• Candidates are not permitted to leave the room during testing. Breaks are not allowed during testing for any reason.
If the candidate leaves the room, the proctor will end the session and the candidate will be unable to continue testing.
• Water in a clear glass is allowed during testing; however, eating, smoking, and chewing gum are prohibited.

Examination Administration of Online Proctored Exams


For online proctored exams, candidates must check-in thirty (30) minutes before the examination start time, when the examination
check-in window opens. They may test at their home residence or in their office of employment. Candidates must download the OnVUE
software and conduct a systems check to make sure the computer is ready for the test. They will take photos of their government-issued
ID and testing environment, as well as a headshot. The photos will be reviewed and the exam will be queued up. Most candidates will
start their exam within 15 minutes of their appointment time. If the pictures don’t pass the review, candidates will be joined by a greeter
as soon as possible to help troubleshoot.
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RIMS-CRMP Certification Program | Certification Handbook

The test area must be in a walled room, with a closed door and without distractions. No one else is permitted in the room during testing.
If another person enters the room during testing, the exam will be terminated. Candidates must demonstrate the desktop is clean and
not within arm’s reach of books, notepads, sticky notes, papers, pens, pencils, and other writing instruments/objects, or other articles.
Additional monitors and computers must be unplugged and turned off. Items on the wall with writing on them, such as whiteboards, will
be inspected.
Candidates will be monitored by a certified proctor via webcam and microphone throughout the test to ensure the integrity and security
of the exam experience.
In the event that the connection is lost during check-in to take the examination and the proctor has not contacted the candidate within
thirty (30) minutes, the candidate will need to reschedule the exam. A fee to reschedule will be waived.

Authorization to Test
You are strongly urged to schedule your test as soon as convenient after your application is approved. You will receive an “Authorization
to Test” via email. This authorization will contain the timeframe within which you must test. If you are unable to test within your original
authorization window, you may request an extension for an additional fee.
If you do not request an extension at least 24 hours prior to your examination date, you will need to reapply and pay a new examination fee.
Please refer to the Fee Schedule on the RIMS-CRMP website. A fee schedule is located on page 15.

Examination Security Procedures


Candidates who are taking the RIMS-CRMP examination at a Pearson VUE testing center or via online proctoring will be required to
provide two forms of valid ID. A primary ID must contain a photo and signature, and one secondary ID with a signature.

The following IDs meet the primary ID requirements:


• Government-issued driver’s license • Alien registration card (green card, permanent resident visa)
• State/national identification card • U.S. Passport card
• Passport* • U.S. Dept. of State Driver’s License
Primary
• Military ID*
* The primary ID must contain a photo and signature unless the signature is embedded
in the identification. When this occurs, candidate must present another form of signature
identification from the primary or secondary list.
The following IDs meet the secondary ID requirements:
Any ID on the primary list
Secondary OR
Social Security card
Credit/bank ATM card (signature required)

Biometrics
Some Pearson VUE testing centers (those designated as Pearson Professional Centers [PPC] and some designated as Select Pearson VUE
Testing Centers [PVTC]) may require biometric identification using palm vein capture technology. Palm vein recognition examines the
unique patterns in a candidate’s palm veins using a safe, near-infrared light source like that in a TV remote control. All centers require
electronic signature and a digital photo.
Erasable Note Board
Standard procedure is that the candidate receives one erasable note board to use as scratch paper during the examination.
Scratch paper, erasable whiteboards, or any other physical writing object are not permitted for online proctored exams.
Personal Items
Candidates are not allowed to bring personal items into the testing area. Headsets, mobile phones, electronic devices, watches,
wallets, purses, hats, bags, coats, books, notes, or any materials not specifically approved by the certification body are not
permitted. Failure to comply with these examination requirements, and the test area or “workspace” not passing a room scan, will
result in termination of the exam administration and candidates will need to reschedule and pay a rescheduling fee.

Consideration is made for comfort items (such as a pillow, crutches, and tissues), which the testing center administrator must inspect for CBT
exams. A designated area will be provided in the testing area for all personal belongings, but neither Pearson VUE nor the RIMS-CRMP
Certification Department is responsible for any personal belongs left in the area before, during or after the examination.

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RIMS-CRMP Certification Program | Certification Handbook

After the Examination


Examination Results
Candidates will be provided with a printed report of their results at the completion of their examination. All results are designated
as Pass/Fail.
Candidates who failed the examination will be provided a diagnostic analysis of their relative strengths and weaknesses by
content area, along with their examination results. Diagnostic analysis is not provided onsite. It will be sent in a follow-up email.
Candidates who have successfully passed the examination will be notified of their certification status by the RIMS-CRMP Certification
Department. Those who have passed the examination and met all other eligibility requirements will receive a RIMS-CRMP Welcome
Packet that includes a RIMS-CRMP certificate and other business and communication items. The individual may then use the
RIMS-CRMP initials after their name, and use the RIMS-CRMP mark as allowed by the RIMS-CRMP Code of Ethics and the policies of
the RIMS-CRMP Certification Commission.

Disputed Results
The RIMS-CRMP Certification Department employs a rigorous process to ensure that no errors occur in the scoring of exams,
including a quality control scoring audit and statistical analysis of all questions. Due to the accuracy of electronically scored
exams, changes as a result of rescoring are highly unlikely. However, a candidate may request a hand-score of his or her exam
by completing and submitting the Application to Hand Grade Answer Sheet (located online in the full candidate handbook) with
the requisite fee. Please contact the RIMS-CRMP Certification Department at RIMS-CRMP@RIMS.org or refer to the website for
the fee schedule. All such requests must be sent to the RIMS-CRMP Certification Department within 90 days of the test date.
Applications received after 90 calendar days from the original examination date will be returned to the candidate.

Retests
Candidates who fail the exam may retake it and must pay the retest fee each time. Candidates who fail may retake the exam 30 days after the
first attempt. Candidates who fail on the second attempt may take the exam a third time and must do so 90 days after the second attempt.
After the third failure, the candidate will be required to wait 180 days, reapply as a new candidate, and pay all applicable fees.

© 2024 Risk and Insurance Management Society, Inc. All rights reserved. 11
RIMS-CRMP Certification Program | Certification Handbook

Maintenance of Certification and


Recertification Requirements
The RIMS-CRMP recertification program was developed to ensure the continuing commitment of RIMS-CRMPs to
the credential and to ensure that RIMS-CRMPs’ continued competence is enhanced by the process. Recertification is
a vital part of the RIMS-CRMP credentialing program. The requirements for recertification, and the means by which
RIMS-CRMPs demonstrate compliance with the recertification requirements, are based on the philosophy of continued
competence through recertification. As such, specific recertification requirements have been established.
Certification is awarded for a period of two years. The RIMS-CRMP maintenance of certification process was developed
to ensure the continuing commitment of RIMS-CRMPs to the credential and to ensure RIMS-CRMPs continue to meet
minimum standards for certification.

Annual Maintenance and Reporting Requirements


Recertification Fees
Recertification fees are due at the time of submission of the recertification application and must be paid in full. The fee schedule is as
follows:
• Members: $150
• Non-Members: $200
Recertification Cycle
Recertification cycles are two years in length. This means that every RIMS-CRMP holder must complete the 50 recertifi-
cation points within the designated two years. Recertification activities must occur during the valid two-year recertifica-
tion period. Professional development activities are not retroactive.
Applicants who have passed the RIMS-CRMP exam are considered to have active credentials on the date they receive
an official welcome letter and certificate from the RIMS-CRMP Certification Department.
The designated two-year cycle begins the day certification credentials become active and ends the last of day of the
certification month two years later. Credits applied toward meeting the recertification requirements must be completed
during the certification cycle. Credits may not be carried over from one certification cycle to the next.
Recertification
The RIMS-CRMP recertification process was developed to ensure the ongoing commitment of RIMS-CRMPs to the
certification and to enable credential holders to continually enhance professional education and competence through an
ongoing recertification cycle. Recertification is a vital part of the RIMS-CRMP credentialing program and is designed to ensure
that RIMS-CRMPs expand their technical knowledge of risk management and all related practices. Recertification is required
every two years from the last day of the month of certification.
RIMS-CRMPs are required to earn 50 RIMS-CRMP recertification points within a two-year period and must agree to abide
by and uphold the Code of Ethics. Failure to comply with recertification requirements will result in the expiration of certification
and removal of the RIMS-CRMP credential.
Fifty (50) points must be earned within the recertification cycle, with 1 point = 1 hour of activity. Alignment with the competency
requirements was determined.
Visit the Recertification section of www.RIMS.org/Certification to learn about the points requirement, how to recertify and
download the Recertification Handbook.

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RIMS-CRMP Certification Program | Certification Handbook

RIMS-CRMP Code of Professional Responsibility


The Code of Ethics
The Code of Ethics of the Certification Commission
The RIMS-CRMP Certification Department issues the RIMS-CRMP Code of Ethics to outline ethical principles and rules for all
persons who are certified by the Certification Commission to use the RIMS-CRMP designation. Agreement to uphold and abide
by the Code of Ethics is a requirement for earning and maintaining certification. Implicit in a RIMS-CRMP’s acceptance of the
certification is an obligation to comply with the mandates and requirements of all applicable laws and regulations, and to take
the responsibility to perform all professional services and activities in an ethical manner. The RIMS-CRMP Code of Ethics is based
on the standards of competence, honesty, trustworthiness, fairness, and professionalism. The Code of Ethics is available on the
RIMS-CRMP website and listed below:
Certified persons who fail to comply with the Code of Ethics are subject to disciplinary procedures which may result in sanctions.
All sanctions are subject to appeal. Following the exhaustion of appeals, the Commission shall make available upon request the
certification status and any sanctions of individuals.
The Code of Ethics are not set forth to determine behaviors resulting in criminal or civil liability, nor are they intended to resolve
matters of market competition.
To file a violation of the Code of Ethics use the RIMS-CRMP Certification Program Complaint Form. Download the full candidate
handbook at www.RIMS.org/Certification to access this form.
As a RIMS-Certified Risk Management Professional or individual applying for RIMS-CRMP Certification, I agree to uphold and
abide by the follow tenets:
1. Perform professional duties in accordance with the laws and with integrity.
2. Perform professional duties in a competent and ethical manner.
3. Avoid acts or omissions amounting to unprofessional conduct.
4. Avoid malicious conduct that would injure the professional reputation or practice of others.
5. Provide complete and accurate information when applying for certification and recertification.
6. Refrain from personal behavior that may compromise the integrity of the credential.
7. Disclose to the Certification Commission in any criminal convictions, and disclose any other adjudication (including civil
judgments or licensure orders) based on conduct that relates to my risk management duties, or relates to fraud, dishonesty,
theft, abuse of trust; such disclosures will be made no later than 30 days after any conviction or adjudication that occurs after
submission of my application.
8. Abide and uphold the policies of the Certification Commission.
9. Safeguard confidential and privileged information, and exercise due care to prevent its improper disclosure.
10. Maintain competency requirements through recertification.
11. Use the logo and certification marks only in an authorized and approved manner.
12. Exhibit appropriate professional conduct in my interactions with all individuals whom I encounter in connection with my
professional roles, such as clients, co-workers, and Certification Commission personnel, including by refraining from
discrimination, harassment, or retaliation and by respecting appropriate professional boundaries in my interactions with
clients and others.
13. Not engage in cheating or other dishonest behavior that violates exam security (including unauthorized reproducing,
distributing, displaying, discussing, sharing, or otherwise misusing test questions or any part of test questions) before, during,
or after a Certification Commission examination.
14. Cooperate with and respond to inquiries from the Certification Commission related to my own or another’s compliance with
the Certification Commission’s policies and this Code of Ethics.
15. Pay all fees and provide information required by the Certification Commission.

© 2024 Risk and Insurance Management Society, Inc. All rights reserved. 13
RIMS-CRMP Certification Program | Certification Handbook

Certification Definitions
Applicant:
An individual who has submitted the Application for RIMS-CRMP Certification.
Candidate:
An individual who meets the eligibility requirements for RIMS-CRMP Certification.
Certification:
The voluntary process by which a non-governmental entity grants a time-limited recognition and use of a credential to an
individual after verifying that he or she has met predetermined and standardized criteria. (2005 ICE Guide.)
Certification Commission:
A group of individuals appointed or elected to govern one or more certification programs and responsible for all certification
decision making, including governance.
Certified Individual:
An individual who has earned and maintained the RIMS-CRMP Certification and is authorized to use the RIMS-CRMP® mark.
Credential:
Abilities and experience that make someone suitable for a particular job or activity, or proof of someone’s abilities and experience.
Competencies:
Knowledge or expertise in a given area.
Continued Competence:
The lifelong process of maintaining and documenting a specified level of skill through ongoing learning and development and
subsequent reassessment.
Domain:
Body of knowledge, skills or abilities being measured or examined by a test, experiment or research study.
Examination Blueprint:
Content areas on the exam that comprise the knowledge, skills, and abilities that have been determined to be important elements
of competency for the job or occupation being assessed.
Job Task Analysis:
Systematic identification of the fundamental elements of a job, and examination of knowledge and skills required for the job’s
performance.
Recertification:
Requirements and procedures established as part of a certification program that certificants must meet in order to ensure
continuing competence and renew their certification.
Reliability:
The degree to which a test is consistent and stable in measuring what it is intended to measure. It determines the results to be
stable over a period of time.
Scope Statement:
A broad, general, and written statement of a specific job, based on the findings of a job analysis.
Subject Matter Expert (SME):
Person who is an authority in a particular area or topic.
Validity:
The degree to which the test actually measures what it claims to measure.

14 © 2024 Risk and Insurance Management Society, Inc. All rights reserved.
RIMS-CRMP Certification Program | Certification Handbook

Reference Material
These materials will be useful in helping you study for the RIMS-CRMP Exam. It is not an exhaustive list and it is recommended that
you self-assess according to the domains listed in the Examination Blueprint and study accordingly. Visit the Resources section of
www.RIMS.org/Certification for the most up-to-date list of references.

Complete List of RIMS-CRMP References


1. Barasa, Mbau, Gilson. “What Is Resilience and How Can It Be Nurtured? A Systematic Review of Empirical Literature on Organizational
Resilience.” International Journal of Health Policy and Management, 2018 Jun; 7(6): pp. 491–503. Published online 2018 Feb 6. doi: 10.15171/
ijhpm.2018.06.
2. Chapman, Robert. Simple Tools and Techniques for Enterprise Risk Management, 2nd ed., John Wiley & Sons, Ltd, London, 2011.
3. Elliott, Michael. Risk Financing, The Institutes, Malvern, PA.
4. Elliott, Michael. Enterprise Risk Management, The Institutes, Malvern, PA.
5. Elliott, Michael. Risk Assessment and Treatment, The Institutes, Malvern, PA.
6. Elliott, Michael. Risk Management Principles and Practices, The Institutes, Malvern, PA.
7. Fox, C. and Seigel, M. ANSI/ASIS/RIMS RA 1. Risk Assessment, ASIS & RIMS, New York, 2015.
8. Fraser, J. and Simkins, B.J. Enterprise Risk Management, 1st ed., John Wiley & Sons, Inc., Hoboken, NJ.
9. Gamble, John; Thompson Jr., Arthur; Peteraf, Margaret. Essentials of Strategic Management: The Quest for Competitive Advantage, 6th ed, 2019.
10. Hoegl-Hartmann. 2021 Article: Bouncing back, if not Beyond: Challenges for Research on Resilience.
11. Hopkin, Paul. Fundamentals of Risk Management, 2018.
12. International Organization for Standardization. Risk Management - Guidelines (ISO Standard No. 31000:2018).
13. Lam, James. Enterprise Risk Management, 2nd ed., John Wiley & Sons, Inc., Hoboken, NJ, 2014.
14. McManus, Seville, Vargo, Brunsdon. Paper, Facilitated Process for Improving Organizational Resilience, Natural Hazards Review.
15. Moeller, Robert. COSO Enterprise Risk Management, John Wiley & Sons, Inc., Hoboken, NJ.
16. RIMS Executive Report, Exploring the Risk Committee Advantage, RIMS, New York, NY, 2015.
17. RIMS Executive Report, Transitioning to Enterprise Risk Management, RIMS, New York, NY, 2014.
18. Risk Management - Principles and Guidelines, ISO 31000.
19. Risk Management Assessment Framework: A Tool for departments, 1st ed., HM Treasury, 2009.
20. Strategic Risk Management Development Council. RIMS Strategic Risk Management Implementation Guide, RIMS, New York, NY.
21. Zawanda, Brian. The Business Continuity Operating System, Gravitas Press, 2021.

Top 10 RIMS-CRMP References

1. Chapman, Robert. Simple Tools and Techniques for Enterprise Risk Management, 2nd ed., John Wiley & Sons, Ltd, London, 2011.
2. Elliott, Michael. Risk Management Principles and Practices, The Institutes, Malvern, PA.
3. Fraser, J. and Simkins, B.J. Enterprise Risk Management, 1st ed., John Wiley & Sons, Inc., Hoboken, NJ.
4. Gamble, John; Thompson Jr., Arthur; Peteraf, Margaret. Essentials of Strategic Management: The Quest for Competitive Advantage, 6th ed, 2019.
5. Hopkin, Paul. Fundamentals of Risk Management, 2018.
6. International Organization for Standardization. Risk Management — Guidelines (ISO Standard No. 31000:2018).
7. Moeller, Robert. COSO Enterprise Risk Management, John Wiley & Sons, Inc., Hoboken, NJ.
8. RIMS Executive Report, Exploring the Risk Committee Advantage, RIMS, New York, NY, 2015.
9. RIMS Executive Report, Transitioning to Enterprise Risk Management, RIMS, New York, NY, 2014.
10. Strategic Risk Management Development Council. RIMS Strategic Risk Management Implementation Guide, RIMS, New York, NY.

© 2024 Risk and Insurance Management Society, Inc. All rights reserved. 15
RIMS-CRMP Certification Program | Certification Handbook

RIMS-CRMP Fee Schedule


Incident Member Non-Member Student Member Student Non-Member
Exam $375* $525* $275* $375*
Recertification $150 $200
Exam Retake $275 $375 $175 $275
Exam Extension $150 $250 $50 $100
Hand Score $25 $25
Certificate Replacement $20 $20
Cancellation $0** $0** $0** $0**
No-Show $275*** $375*** $175*** $275***

* Includes nonrefundable $100 application processing fee.

** Cancellation = 24 hours or more of notice. Exams can be rescheduled during the original authorized test window.

*** No Show = Less than 24 hours of notice, late to the testing center, failure to show ID, or failure to sign the NDA.

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www.RIMS.org/Certification

228 Park Ave S PMB 23312,


New York, NY 10003-1502
(212) 286-9292 | www.RIMS.org revised: May 2024

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