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Risk Management Credential - Exam

  • ASQ RU : 1
  • Provider : ASQ
  • Audience : Academic, Executive, Practitioner, New to Quality, Professional

The ASQ Risk Management Specialized Credential Exam will test your knowledge of risk management fundamentals, risk management planning, risk identification, analysis, and evaluation, and risk treatment and monitoring. Pass the exam to demonstrate your lean proficiency to peers and employers, boost your resume, and utilize the benefits risk management can offer your organization. The 60-question, 1 hour and 45 minute exam is entirely online and can be taken at any time from the comfort of your home or office.

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  • ASQ RU : 1
  • Questions : 60 multiple-choice
  • Exam Time : 1 hour, 45 minutes
  • Exam Delivery Format : Online, via web browser
  • Note : Fees includes Exam only
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Prerequisites:

There are no experience or educational prerequisites to take the Risk Management Specialized Credential Exam. Please see the System Requirements tab for technical requirements.

Eligibility Expiration:

Candidates will have 180 days from purchase date to take their exam.

Retake:

Candidates who are unsuccessful in their exam attempt need to pay the full exam fee in order to retake the exam.

  • Risk Management Fundamentals (20%)

    • Understand basic terms including risk, risk management, hazard, event, consequence, likelihood (occurrence, probability, rate), and control
    • Define risk management scope and context
    • Understand and distinguish between various stages of risk management, including risk management planning, risk identification, risk analysis, risk evaluation, risk assessment, risk treatment (response, mitigation, control), risk reporting, and risk monitoring
    • Apply risk-based thinking and decision making to various situations
    • Define types of enterprise risk management including strategic, software/cybersecurity, business, regulatory, medical/health, and audit
    • Define types of operational risk management including supplier, supply chain, safety, project, manufacturing/operations, service, and quality system
    • Define types of product risk management including design, process, use, and safety
    • Understand the requirements of ISO 31000 and the risk-based requirements of the ISO 9001 series of standards

  • Risk Management Planning (30%)

    • Prepare a risk management plan that includes objectives, risk criteria, stakeholder identification, team member roles and responsibilities, scope, methodology, communication, and tool identification
    • Utilize a risk matrix and risk priority number (RPN) to define risk acceptability criteria and levels of risk
    • Understand methods of documenting risk such as risk registers
    • Understand the risk management plan and, where applicable, its interaction with the organizational quality plan

  • Risk Identification, Analysis, and Evaluation (30%)

    • Apply failure mode and effects analysis (FMEA) and understand the various types of FMEA including design, system, process, and use scenarios
    • Define and interpret the results of a fault tree analysis, hazard analysis, and strengths-weaknesses-opportunities-threats (SWOT) analysis
    • Understand hazard analysis and critical control points (HACCP), preliminary hazard analysis (PHA), hazard operability analysis (HAZOP), process decision program chart (PDPC), and bow-tie analysis
    • Understand and describe decision/event tree analysis and scenario analysis

  • Risk Treatment and Monitoring (20%)

    • Understand risk response planning and utilize risk treatment strategies including avoid, mitigate, transfer, and accept
    • Understand risk management reporting, communicating, and review as well as the role of management review
    • Use change impact analysis to assess risks created by design, process, and system changes
    • Understand how to monitor risk using post-market surveillance and metrics such as risk levels and trends
    • Use corrective and preventative action (CAPA) to address risks

Technical Requirements

Hardware Requirements

  • PC, Mac, or mobile device
  • Audio speakers or headset
  • High-speed internet connection

Supported Browsers

You can view courses on any devices that support these browsers. This includes mobile devices such as iPhones, iPads, and Android-enabled phones and tablets.

  • Windows: Internet Explorer 11, Microsoft Edge (latest version), Google Chrome (latest version), Firefox (latest version)
  • Mac: Safari (latest version), Google Chrome (latest version), Firefox (latest version)
  • Mobile: Safari in Apple iOS 10 or later, Google Chrome in Apple iOS 10 or later, Google Chrome in Android OS 4.4 or later

Required Browser Settings

  • JavaScript must be enabled for published courses to work.
  • Font downloads must be enabled to see the correct fonts and characters.
  • When using Internet Explorer, turn off Compatibility View for sites where courses are hosted.
  • Deactivate any pop-up blockers, spam filters, and company firewalls that could interfere with access to the e-learning.
  • Third-party toolbars such as Bing, Yahoo, and Google should also be disabled due to their own pop-up blocking capabilities.

Accessing Your E-learning

After registration, you will receive an email with access instructions. If you do not, please check your email junk, spam, or clutter folders.

The examination is not eligible for a refund.

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