Risk Management is the systematic application of management policies, procedures and practices to the activities of communicating, consulting, establishing the context, and identifying, analyzing, evaluating, treating, monitoring and reviewing risk.
The Risk Management Fundamentals is a certification intended for individuals seeking to validate their foundational knowledge of Risk Management. This exam covers the key terms and definitions related to risk management.
The Risk Management Fundamentals certification exam is an online, closed-book, and remotely-proctored exam. It includes 40 multiple-choice questions and the passing score is 70%. Candidates will have 60 minutes to complete the exam. Validate your foundational knowledge of Risk Management and advance your career. Purchase your exam voucher now!
Exam code |
ITC-116 |
Launch date |
June 2, 2024 |
Exam description |
The Risk Management Fundamentals validates the candidate knowledge in Risk Management. |
Current version |
1.0 |
Exam format |
Multiple choice; computer-based; closed book |
Number of questions |
40 questions |
Passing score |
70% (28 out of 40) |
Exam duration |
60 minutes |
Level |
Foundation |
Languages |
English |
Exam description |
The exam covers the key terms and definitions related to risk management. |
RECOMMENDED HOURS OF STUDY |
16 hours |
Bloom's Taxonomy |
Level 1 (Remembering), Level 2 (Understanding) and Level 3 (Applying) |
Recommended reading |
• ISO Guide 73:2009 Risk management - Vocabulary |
Prerequisites |
There are no prerequisites for this certification |
Recommended experience |
Six months of work experience in Risk Management |
Validity period |
Lifetime |
Domains | Weight |
---|---|
1. Terms relating to risk |
10% |
2. Terms relating to risk management |
25% |
3. Terms relating to the risk management process |
65% |
Total | 100% |
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Take your online proctored exam in the comfort of your home or office.
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Earn 5 certifications and receive an integrator certification (designation).
All exams are available for $150 USD each. Prices may vary slightly by region and currency exchange rates.
There are no prerequisites to take the exams. ITCERTS recommends that candidates have at least six months of work experience in the area that the certification exam covers.
If a candidate does not achieve a passing score on the first attempt, there is no waiting period between the first and the second attempt. If a candidate does not achieve a passing score on the second attempt, the candidate must wait at least 7 days before retaking the exam for a third time. A candidate may not take a given exam any more than three times per year (12 months).
Visit the Online Proctored Exam registration page to find complete instructions.
Training is recommended as part of your certification preparation, but it is not mandatory.
Our exams are currently available in English and Portuguese.
Exams are delivered online (Online Proctored Exams) and can be taken from anywhere in the world.
ITCERTS certifications are considered good-for-life and do not expire.
Your employer can verify your certification on our certification verification page. Your certification number will be needed in order to process the verification.
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