Riskprep Blog - PRM Exam Preparation, PRM Test Qustions, PRMIA Sample Exams

Think you are ready for the exam?

Written by Mukul Pareek

Recently I received a mail from someone who used Riskprep to say that he practiced all the questions on the site multiple times, and yet he did not pass.  I am confident that he will get through in his next attempt, he wasn’t too far off.

I did however wish to stress this message to all candidates: be aware that Riskprep cannot be, and is not even designed to be your primary study source.  You need to read the handbook.  You need to understand it well.  If there are topics in the handbook that you don’t understand, you should read Hull or other reference text book to clarify that particular topic.  The idea behind Riskprep is to provide you ‘exam-like’ questions.  You can use it to test if you understand the subject matter at a level that goes beyond skimming dense text in the handbook.  But the question pool at Riskprep is finite and once you have seen the answers, it is very likely that you will get it right the next time around. 

So if on your third or fourth round of going through the questions, you are getting nearly everything right, do not let that fool you into thinking that you know it all.  All that means is that you know the questions on Riskprep.  The same logic applies to any other set of questions you might be preparing from.  All questions are ‘easy’ once you know the answer.  The real test is only when you see it the first time.  Use the questions on Riskprep to confirm your understanding of the topics, but repeatedly practicing the same questions will have rather low marginal utility. 

When I set up Riskprep, my objective was to help people assess their state of preparation, identify their areas of weakness, time themselves and get a feel for the real exam.  The questions in the real exam will be different because Riskprep (or anyone else) does not have (nor desires) access to the PRMIA question pool.  If you are conceptually clear on the topics, you will do just fine on the exam. 

Also read http://www.riskprep.com/faq#5 

Feel free to share your experience or leave a comment.