PRMIA 8020 Exam Details & Actual Exam Questions
- Exam Code/Number: 8020
- Exam Name/Title: ORM Certificate - 2023 Update
- Certification Provider: PRMIA
- Corresponding Certification: PRM Certification
- Exam Questions: 62
- Updated On: Sep,01 2026
- Certification Level: Foundation / Associate
PRMIA ORM Certificate - 2023 Update Exam Questions
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(45 Up Votes)PRMIA 8020 Exam Overview:
| Certification Vendor: | PRMIA |
|---|---|
| Exam Name: | ORM Certificate - 2023 Update |
| Exam Number: | 8020 |
| Real Exam Qty: | 60 |
| Related Certifications: | ORM Designation PRM Designation |
| Available Languages: | English |
| Exam Duration: | 120 minutes |
| Exam Price: | $395 - $495 USD (varies by membership status) |
| Exam Format: | Multiple Choice, Computer-Based |
| Certificate Validity Period: | 3 years |
| Passing Score: | 60% |
| Recommended Training: | PRMIA Learning Resources PRMIA ORM Certificate Candidate Guidebook |
| Exam Registration: | Pearson VUE Scheduling PRMIA Official Registration |
| Sample Questions: | PRMIA 8020 Sample Questions |
| Exam Way: | Onsite at Pearson VUE centers or Online Proctored (OnVUE) |
| Pre Condition: | Create PRMIA account; no prior certification or experience required |
| Official Syllabus URL: | https://www.prmia.org/Public/Certificate/ORM_Certificate/Attaining_the_ORM_Certificate.aspx |
PRMIA 8020 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Risk Information and Data Management | 17% | - Reporting requirements and standards - Data collection, validation, and quality - Loss data collection and analysis - Key Risk Indicators (KRIs) and metrics |
| Risk Control and Mitigation | 20% | - Third-party and outsourcing risk management - Control design, implementation, and effectiveness - Business continuity and resilience - Risk mitigation strategies: avoidance, reduction, transfer, acceptance |
| Risk Identification and Assessment | 25% | - Self-assessment and risk control self-assessment (RCSA) - Methods and tools for identification - Scenario analysis and risk mapping - Risk assessment techniques: qualitative and quantitative |
| Monitoring, Reporting, and Assurance | 20% | - Internal and external audit roles - Ongoing monitoring and review processes - Continuous improvement and lessons learned - Compliance and regulatory reporting |
| Risk Governance | 15% | - Board and senior oversight - Policies, standards, and risk appetite statements - Culture, ethics, and conduct risk - Governance frameworks, roles, and responsibilities |
| Introduction to Operational Risk Management | 3% | - Evolution and regulatory context - Basic definitions, concepts, and classification of operational risk - Role and importance in financial and non-financial organizations |
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