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Risk Management Certification Research Report

Research Report on the Risk Management Certification Options

Taking a Risk Management Certification program, and therefore getting your Risk Management Certification, is one of the best decisions you can make. Risk Management is one of the most crucial processes in which the possible risks to any organization or business are identified, quantified and also managed. The outcomes of any business are not easy to comprehend, therefore there is always a certain level of risk which comes with every decision you make. Although it is impossible that businesses and organizations remove all forms of risk from their strategic and financial decisions, but it is important that the project managers must be able to identify and then also manage the possible risks. Timely and effective risk management can help any organization in hedging the risks and also estimate the impact of various risks on future earning of any organization.

Every time risk assessment is conducted in any organization, it is crucial that the assessors must define the goals and objectives which are important. It is essential that the goals must be pre-defined for assessing the risks and also clearly specify what the organization or individual wants to accomplish by conducting risk assessment and management exercise. A large number of organizations when first conduct a risk or vulnerability assessment for their IT infrastructure, workstations, systems and servers, are stunned to realize that they are vulnerable because of software vulnerabilities inherent in the code. For this reason the assessment of IT assets is one the most significant area that needs attention.

In this article we will discuss some of the risk management certification programs that are being offered and how enrolling in a risk management certification program can help you understand the new trends in industry compliancy and information security laws.

PRM™ – Professional Risk Managers’ International Association (PRMIA) Risk Management Certification

One such risk management certification program is offered the Professional Risk Managers’ International Association (PRMIA), which is a non-profit professional association, governed by a Board of Directors directly elected by its global membership. PRMIA’s Operational Risk Manager Certificate is designed in order to deliver a deep, practical understanding of operational risk management frameworks and measurement methodologies in financial institutions. But this risk management certification can only be completed successfully by PRMIA’s members. The exam fee and registration fees is pretty high.

International Certificate in Risk Management – Institute of Risk Management (IRM) Risk Management Certification

Another risk management certification program is conducted by the Institute of Risk Management (IRM), which was established in order to meet the growing demand for a diploma course in risk management. Although this organization covers a broad spectrum for risk management and assessment, but just like other programs the membership fee is very high. The risk management certifications programs are more focused towards the development of professionals working in Banks, Finance and Insurance sector.

G31000 Global Institute for Risk Management Standards’ Risk Management Certification

Another organization is G31000 which stands for the Global Institute for Risk Management Standards. The organization is responsible for setting the standard for professionalism for the thousands of risk professionals worldwide. Their risk management certification program are focused around the ISO 31000 risk management standards and are more useful for employees who have to strictly observe these standards in their organization.

PMI Risk Management Professional (PMI-RMP) Risk Management Certification

Another organization is the Project Management Institute (PMI), that has also their risk management certification as Risk Management Professional (PMI-RMP). It is not so spread as their Project Management Professional (PMP) certification.

Project Risk Professional™ (PRP™) by ProjectManagers.Org Risk Management Certification, accredited by International Institute of Executive Careers (IIEC)

One excellent risk management certification program is offered by ProjectManagers.Org through the Project Risk Professional™ (PRP™) open online course and risk management certification exam. This program provides the best learning opportunity for professionals who want to stand out from the crowd and become the best Project Manager. The risk management certification program offers a simple and systematic way to develop a better understanding also implement effective Risk Management leadership in your daily projects. It also offers you with an organized reference guide to the “best of the best” that is appeared in over the years, and how it all fits together. The Key highlights of this online risk management certification program include:

  • 8 Audio Lessons, where you will be provided with 8 unique and top-class lessons from the best industry experts in Risk management
  • A concise and clear tutorial that will help you in developing a better understanding about the basis in Risk Assessment
  • 2 Expert Webinars by Industry experts
  • 2 incredible value-proven tools that will guarantee you to be a more successful.