Monday, November 23, 2015

How did I prepare for PMI-RMP Certification?

By With No comments:
What is PMI-RMP® Certification? How did I prepare for PMI-RMP® Certification? You will find answers to these questions in this article.

PMI-RMP® Certification is the prestigious Risk Management Professional Certification from PMI (Project Management Institute). It demonstrates your ability to identify and analyze project risks, avoid/ transfer/ mitigate threats and capitalize on opportunities. PMI states that

83% of organizations that are high performers in project management practice risk management frequently while just 49 percent of low performers do so (Pulse of the Profession®: Capturing the Value of Project Management, February 2015)


How did I prepare for PMI-RMP Certification?

I became a Certified Risk Management Professional and earned my PMI-RMP® Credential about two years back. In this article, I would like to share the various mock exams I tried and the scores I obtained in those. I am just jotting down the journey towards obtaining PMI-RMP® Certification.

Date of the Mock Test Service Provider Description No. of questions Score Obtained
1 24-06-2013 SimpliLearn Free PMP test 175 78.9 %
2 15-07-2013 Ucertify Free RMP Test 15 73 %
3 16-07-2013 Ucertify Chapter Quiz 26 77 %
4 17-07-2013 The PM Instructors Free PMI-RMP Questions 20 85 %
5 22-07-2013 Rita Mulcahy Pretest 25 84 %
6 28-07-2013 Abdulla J. Alkuwaiti Practice Questions 65 87.1 %
7 29-07-2013 PMXCEL.com Sample Quiz 25 92 %
8 02-08-2013 Head First PMP Risk Management Chapter Questions 20 95 %
9 03-08-2013 VTC RMP Part 1 40 95 %
10 04-08-2013 VTC RMP Part 2 50 88 %
11 05-08-2013 Scordo Risk Management Questions 10 80 %
12 06-08-2013 Oliver Lehmann PMP Test 75 80 %
13 06-08-2013 VTC RMP Part 3 125 89 %
14 07-08-2013 VTC PMI-SP Part 1 40 85 %
15 10-08-2013 Rita Mulcahy Human Resource Chapter 34 76 %
16 10-08-2013 Rita Mulcahy Quality Chapter 35 91 %
17 12-08-2013 Rita Mulcahy Time Chapter 38 94.7 %
18 14-08-2013 Edwel Free PMP Exam 200 79 %
19 12-08-2013 Rita Mulcahy Cost Chapter 38 94.7 %
 20  15-08-2013 Rita Mulcahy Procurement Chapter 40 92.5 %

I believe that only practice can help you. I believe that most of the candidates who prepare for the risk management exam are already certified PMPs. So, they have the knowledge and basic understanding of how the risks are identified, assessed, risk responses planned, monitored and controlled. So, all they need is to practice more and more mock tests/ practice questions to get it right. Please go ahead and successfully obtain your PMI-RMP Credential!

Wednesday, November 4, 2015

PMI Ending The Economic Exception Pilot, But Savings Continue

By With 2 comments:
PMI embarked on the Economic Exception Pilot Program for PMI membership about three years back. The pilot program was open to only PMI members from four countries namely Brazil, India, Mexico and Nigeria.

Under the Economic Exception Pilot Program, existing members enjoyed about 50% discount in their membership renewal fees. While the regular membership fee was US$129, PMI members enjoyed a discounted fees of US$65 under the Economic Exception Pilot Program.

I am one of those members benefited by the Economic Exception Pilot Program. I was extremely happy to renew the PMI membership in 2014 and 2015 at the discounted price. Since it was launched as a pilot program for only three years, it is about to expire by end of this year. I was eagerly awaiting to see whether PMI would further extend this benefit.


PMI ending the Economic Exception Pilot

Unfortunately, PMI has decided to discontinue this program in India after December 2015. I am not sure about the status of the program in the other three countries, Brazil, Mexico and Nigeria. PMI has sent a recent update to PMI members in India:
Thank you for joining PMI under the Economic Exception Pilot. While the pilot is being discontinued after 31 December 2015, your savings will continue.

Since you participated in the pilot, you are eligible for a special US$65 annual membership rate when you renew your membership during your next renewal period.

You can continue to enjoy another year of membership benefits and save significantly over the regular membership rate of US$129 every year you renew without interruption.

I am disappointed at PMI ending the Economic Exception Pilot Program in India. But, at the least, I am glad that PMI has allowed me to renew the membership for another year at the discounted price. Thank you, Project Management Institute!

How to renew the PMI membership using the discounted price?

Would you like to renew your membership for one last time using the discounted price? Here are the steps you should follow:
  1. Log on to www.PMI.org with your username and password
  2. Click on the myPMI tab
  3. Click on the "Renew your membership/Print invoice" link located under your name and member information
  4. Select the "Economic Exception" option and click "continue"
  5. Proceed to Checkout
Good things happen when you get involved with PMI.