What is the RME Certification?
The Risk Management Expert (RME) certification is a step up from the RMP, and is one of the most sought-after certifications for those in line to become a senior risk manager or want to elevate their level of expertise. RMEs are experts in the field, and work within some of the more complex and advanced areas of risk management. RMEs might be tasked not only with forecasting and mitigating risk, but also ensuring all processes for reporting and managing risk are followed. They are also experienced in supervising employees. In short, RMEs have more responsibilities and deal with greater challenges than those who are RMPs as they have more experience.
Why Should You Choose the RME?
The RME certification gives individuals an opportunity to refresh their knowledge and experience related to their academic study prior to their professional career. The RME also adds to employability by significantly boosting a resume. By augmenting the expertise of years in the industry, it will help RMEs progress to senior roles that offer a range of benefits including a higher salary and more responsibility.The certification could also lead you to roles like president, vice president or director if you continue your education and obtain the risk management master certification as well.
Why Are Businesses Looking for RMEs?
Businesses seek out RMEs because they need individuals in senior positions who have a wealth of experience and the knowledge required to help those who they supervise learn and develop their skills while working to meet the needs of the president or vice president of risk management. RMEs have many years of experience and they have the certification to validate their expertise. Organizations seek them out because they can rely on them to be excellent employees who need little training.
How to Get the RME Certification
The RME certification requires the completion of four areas of coursework, which are available online. These are offered by both CMI and its approved partners as well as an examination which you must pass with 50%. The course is online and consists of live lectures, a learning portal and other materials. This is taught by experts in risk management. After you have studied for the exam, you must take this with the CMI directly.
In order to obtain the RME certification, you must complete a four-question, open-book exam over a four-week span of time. Each question will assess your understanding and competence using the information you’ve learned in real-life scenarios. In order to pass, you must receive a score of at least 50 percent. If you fail, you will need to retake.
The RME course is a professional, practice-based program that has been shown to be more beneficial for learning than strictly academic classes. The skills learned through the RME course will directly translate from studies to a job site. Classes will be taught by lecturers with significant years of experience or more in the field. There are six different areas of study included in the course.
To prepare you for the examination, you will learn 4 different courses.
Who Should Apply?
- Three years of industry related experience along with a relevant college/university degree; or
- A RMP certification with one year of post-qualification experience; and.
- Adherence to CMI’s Ethics in Construction Management
With regards to payment, you have two options. You can pay the full amount in one lump sum payment or by our monthly direct debit payment plan. Please see below for fees:
- Total fee - $2,090.00 ($416.00 savings than monthly payment plan); or
- Monthly direct debit plan - Upfront fee of $358 and a monthly direct debit of $358 for 6 consecutive months (from Month 1 to Month 6 – total 6 payments)
Additional Information and FAQs
Your RME certification is valid for three years, and can be renewed every three years by taking a CEU (Continuing Education Unit).
- • The enrolment of the course and exam is valid for maximum of 3 years from the first payment made, the course must be completed in this time period.
- • Applying for regular membership once you have passed the exam is compulsory to receive the certificate.
Frequently Asked Questions
How long is the course? The duration of the course will be 6 months. This will include live lectures, but you will be required to complete some independent study prior to taking the exam (open book online exam) also. Can I follow the program if I work full-time? Yes, the course is flexible and offered through live online lectures. The lecturers will be scheduled at weekends. This means you can take the course and work full-time. If you miss any of the live lectures you can catch up the following day as lectures will be uploaded on our LMS (study portal). How is the course delivered? The course is delivered through live online lectures and a study portal with lecture slides and supplementary materials. You can access the course from anywhere in the world if you have internet access along with a computer or a tablet. You will be able to ask your lecturer questions by voice or chat during the lecture or afterwards. How do I apply? You can apply online in as little as three minutes, and will be enrolled as soon as your course instructor has reviewed your application and the payment is received. You will be required to participate in an online ID Verification check before you take your exam, where your course instructor will confirm your identity.