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Canadian Risk Management CRM55 — Risk Assessment and Treatment — Information & Free Practice

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About Canadian Risk Management CRM55 — Risk Assessment and Treatment

Canadian Risk Management CRM55 — Risk Assessment and Treatment · CA

Key exam facts

Provider
RIMS (Risk and Insurance Management Society) administers the Canadian standardized CRM55 exam; delivery is through The Institutes' virtual learning management system.
Format
Virtual computer-delivered multiple-choice knowledge examination; two sections of 50 and 20 questions.
Exam questions
Total questions: 70.
Time limit
1 hour 40 minutes of examination time. Additional time for qualifying accommodations may be requested after purchase and is complimentary.
Passing score
70% is the passing score; an immediate pass/fail message is displayed.
Exam fee
Per exam: USD 205 for RIMS members; USD 225 for non-members. Extra examination time for qualifying accommodations is complimentary. Course tuition and the separate USD 125 designation fee are not included in this exam fee.

Topics covered

  • Introduction to risk assessment and treatment

  • Root cause analysis

  • Business continuity management

  • Physical property risk

  • Intellectual property and reputation risk

  • Legal and regulatory risk

  • Management liability and Human Resource risk

  • Environmental risk

  • Crime and cyber risk

  • Fleet risk

  • Smart products and risk management

How to prepare

Work through the topics, read the explanation after each answer, and revisit the areas where you miss questions. Use the official outline and reference materials below to guide your study.

These independent practice questions are not actual exam items and do not guarantee a passing result.

Frequently asked questions

What is the exam format?

Virtual computer-delivered multiple-choice knowledge examination; two sections of 50 and 20 questions.

How many questions are on the exam?

Total questions: 70.

How long is the exam?

1 hour 40 minutes of examination time. Additional time for qualifying accommodations may be requested after purchase and is complimentary.

What is the passing score?

70% is the passing score; an immediate pass/fail message is displayed.

How much does the exam cost?

Per exam: USD 205 for RIMS members; USD 225 for non-members. Extra examination time for qualifying accommodations is complimentary. Course tuition and the separate USD 125 designation fee are not included in this exam fee.

Official sources and references

Confirm current exam arrangements with the exam provider.