IRMSA Board Exam – Certified Risk Management Practitioner – FAQ
What do I need to do to write the Board Exam?
- Before you register for the Board Exam, ensure that you meet the membership criteria of Associate Member.
- If you meet the criteria and you are not an Associate Member of IRMSA, then you will need to apply for Associate Membership in order to write the Board Exam.
- In the meantime, click on the link provided in the Board Exam email or go to the Board Exam page on the IRMSA website and register online for the Board Exam.
- Complete all the information properly in order for the IRMSA team to be able to accurately assess your registration or it could be declined.
To become an Associate Member, you must meet one of the following criteria:
- Have no qualification + 10 years risk management experience
- Have any non-risk qualification + 5 years risk management experience
- A risk qualification + 3 years risk management experience
- The IRMSA Occupational qualification + 3 years risk management experience
What are the costs involved in order to write the Board Exam?
- First pay the application fee of R500 ex VAT – you will automatically receive an invoice for this once you have completed the online application for the exam. This payment is due once you have made your online application. Applications will not be processed until proof of payment for this has been received.
- Should you meet the criteria and are accepted to write the Board Exam, then the fee will be R3,200 (excl VAT).
What does the Board exam fee include?
- · The Board Exam fee includes the study material, two preparation workshops and the exam and the exam equipment (as the exam is online).
What is the study material?
- The study material is made up of relevant sources that align to the IRMSA qualification (Organisational Risk Practitioner) curriculum.
- The sources are made up of relevant standards (such as ISO 31000, King 3, IRMSA Guideline to Risk Management, etc) and other documents that are relevant.
- The source material is made available to the Board Exam candidates online, on the IRMSA Your Membership system.
Are there any workshops before the exam?
- There are two workshops before the exam to assist candidates in preparing for the Board Exam.
- One workshop deals with the actual exam and how it is structured and how you should prepare
- The other workshop handles content and any difficulties that candidates are having with content.
When will the preparation workshops be held?
- To be advised soon. Please confirm directly with IRMSA.
- The exam has 100 marks.
- 70% is multiple choice questions and 30% has opened ended questions.
- The exam is taken at an IRMSA venue at a set time.
- A laptop is provided for candidates and the exam is taken online.
Will the exam be offered only in Johannesburg?
- IRMSA intends to offer the exam in Johannesburg, Cape Town and Durban in June, but it depends on numbers received in each region.
- The candidates will be liaised with should the sufficient numbers not be met in the region.
If I complete the exam successfully will I automatically receive the designation Certified Risk Management Practitioner (CRM Prac)?
- No, you will need to complete your work experience log book which needs to be signed off by your supervisor at your workplace.
- Once this is signed off and you have passed the exam, then you will receive the designation, which is registered with the South African Qualification Authority (SAQA).
Will the exam only be offered on 30 June this year?
- No, the exam will be offered in November again this year. This cycle will be repeated in 2016.
Does this mean I have completed the IRMSA qualification?
- No, you have received the designation of Certified Risk Management Practitioner (CRM Prac).
- In order to complete the qualification, you will need to register for the qualification (The Organisational Risk Practitioner, developed through the Quality Council for Trade and Occupations (QCTO)) once it is opened to the market either late 2015 or early 2016
What happens if I register for the exam in June and I am unable to write?
- You may defer the exam to November. This must be done at least 21 days before the date of the exam.
- If you need to defer after the 21 day notice period, you will need a doctor's certificate and your application will be reviewed by the committee.
- There is a cost of R500 to defer the exam.