Certified Practising Risk Manager (CPRM®)


Certified Practising Risk Manager or CPRM® (5+ years’ experience in risk management)

CPRM® certification has been developed to meet the demand for qualified risk professionals with a depth of relevant experience.  Organisations are placing greater reliance on having competent risk managers to guide the design and implementation of the risk management framework. A CPRM® is to have knowledge of how to integrate risk management into business processes and systems within an organisation.  Further, they need to demonstrate the application of risk across a broad range of risk management fields, for example, governance, people, customers and markets, operations, supply/procurement etc.

Five Reasons Why You Should Consider Becoming a Certified Practising Risk Manager (CPRM®)

  1. A CPRM® qualification guarantees a currency of risk management knowledge and professional support for your organisation.  Like other industry certifications the CPRM® adds a level of professionalism and trust.
  2. Candidates will gain state-of-the art knowledge.The CPRM® exam is designed to test concepts associated with Risk Management and Enterprise Risk Management.  The CPRM® certification has direct and ongoing input from leading risk professionals and risk practitioners from around the world
  3. The certification process confirms professional achievements.Earning your CPRM® certification can help you prepare for positions of increasing responsibility or transition to a dynamic career in risk. Real world experience is an essential component of attaining CPRM® certification – so becoming a CPRM means considerably more than passing an exam.
  4. CPRMs have access to continuing education and networking opportunities.CPRMs will join a unique community of like-minded professionals with numerous continuing education and networking activities
  5. CPRMs enhance their reputation for integrity.All CPRMs are expected to adhere to principles that promote the highest levels of ethical conduct and disclosure. Employers know that CPRMs will help safeguard their organisation’s reputation.

It is not a CPRM® Competency requirement to develop and implement risk management enterprise-wide or for a portfolio of projects, though it would be advantageous if a CPRM® candidate had this experience.

The CPRM® exam will be offered three times per year in Australian capital cities. A pre-requisite of the new CPRM® exam is either attending RMIA’s 2 day Management of Enterprise Risk course or recognition of prior learning (by RMIA approved institutions).

Proficiency Statement – Certified Practising Risk Manager v1 6 – to be re-evaluated and added in.

The following CPRM® application must be completed and uploaded with a copy of your resume as part of the online application process.

Please note that the RMIA CPRM® Examination Application Form must be completed prior to applying. You must also provide a most recent copy of your resume.

As part of the examination process for CPRM®, candidates need to be familiar with RMIA’s Risk Management Body of Knowledge (RMBoK). Please review the documents below prior to the exam:

  1. Certification Candidates Examination Guide V2 5
  2. RMBoK Domain 1 – Communication and Consultation V2.3
  3. RMBoK Domain 2 – Establish the Context V2.3
  4. RMBoK Domain 3 – Risk Assessment V2.3
  5. RMBoK Domain 4 – Risk Treatment V2.3
  6. RMBoK Domain 5 – Monitoring and Reviewing V2.3
  7. RMBoK Domain 6 – Governance V1.8



CPRM: Locations TBC

26 September 2018 (All States)