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| Certification Vendor: | Professional Risk Managers' International Association (PRMIA) |
|---|---|
| Exam Name: | PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics |
| Exam Number: | 8004 |
| Certificate Validity Period: | PRM designation sustainable with continued membership; certificate validity linked to PRM status, not separate expiry |
| Related Certifications: | PRM (Professional Risk Manager) Designation |
| Real Exam Qty: | 110 multiple-choice questions (varies slightly by test version) :contentReference[oaicite:1]{index=1} |
| Exam Duration: | Usually part of PRM Exam 2 structure, ~240 total for exam 2 (individual session details vary by test form) |
| Exam Format: | Case study based questions, Multiple choice |
| Passing Score: | 60% (PRM exam standard) :contentReference[oaicite:0]{index=0} |
| Available Languages: | English |
| Exam Price: | See PRMIA official fee schedule (varies by membership status; official site required) :contentReference[oaicite:2]{index=2} |
| Sample Questions: | ![]() |
| Exam Way: | Computer-based testing administered through PRMIA testing windows / partner test centers; case studies integrated within multiple-choice format |
| Pre Condition: | Must be enrolled in or progressing toward the PRM designation program; detailed prerequisites and eligibility provided by PRMIA candidate guidebook or official site :contentReference[oaicite:3]{index=3} |
| Official Syllabus URL: | https://www.prmia.org/Public/Public/PRM/Case_Studies_and_Standards.aspx |
| Section | Objectives |
|---|---|
| Topic 1: Standards & Practices | - Group of Thirty Best Practices, Global Derivatives Study Group - Standards of Best Practice, Conduct and Ethics, PRMIA Ethics Committee - Principles of Good Governance Principles, PRMIA - Bylaws of Professional Risk Managers' International Association, PRMIA |
| Topic 2: Case Studies | - Lehman Brothers - WorldCom - Metallgesellschaft - Operational Resilience at TSB - Northern Rock - Washington Mutual (Wamu) - Long Term Capital Management (LTCM) - Fannie Mae and Freddie Mac - American Insurance Group (AIG) - Silicon Valley Bank - Orange County - Barings - Bankers Trust - National Australia Bank (NAB) - FX Options - FTX |
PRMIA PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics is an official Professional Risk Managers' International Association (PRMIA) certification exam, listed under the code 8004. Clearing it earns the PRM certification, a Professional / Advanced-level credential. It also ties into PRM (Professional Risk Manager) Designation, which makes it a useful anchor for a longer certification plan. For employers, the value is simple: the vendor itself has verified what you know.
You will work through 110 multiple-choice questions (varies slightly by test version) :contentReference[oaicite:1]{index=1} questions in Usually part of PRM Exam 2 structure, ~240 total for exam 2 (individual session details vary by test form) on the PRMIA PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics exam. The content is only half the battle; the clock is the other half. Train both at once: set the ValidDumps test engine to full timed mode, practice skipping and returning to stubborn items, and repeat until finishing with minutes to spare feels normal rather than lucky.
Passing PRMIA PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics requires 60% (PRM exam standard) :contentReference[oaicite:0]{index=0}, and the official registration fee is See PRMIA official fee schedule (varies by membership status; official site required) :contentReference[oaicite:2]{index=2}. Remember that a retake bills the same See PRMIA official fee schedule (varies by membership status; official site required) :contentReference[oaicite:2]{index=2} all over again, so winging it is the most expensive strategy on the table. A better approach: benchmark yourself with the ValidDumps practice tests first, and schedule the real exam only once your scores sit comfortably and consistently above the requirement.
Must be enrolled in or progressing toward the PRM designation program; detailed prerequisites and eligibility provided by PRMIA candidate guidebook or official site :contentReference[oaicite:3]{index=3}
Requirements do evolve, so before you spend a registration fee, verify the current conditions on the official exam page.
Yes. The free demo on this page contains a portion of the complete PRMIA PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics question set, enough to judge the accuracy and the clarity of the explanations for yourself. After purchase, updates are free for 365 days, and once your product expires you can extend the update service at a 50% discount.
ValidDumps provides a 100% money-back guarantee with clearly stated conditions. Take the PRMIA PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics exam within 60 days of purchase; if you fail, you may claim a full refund, as long as the exam matches your product. Exams taken within 3 days of purchase are not eligible, and neither are products that were downloaded but never used, free materials, or expired orders; the candidate name must match the payer name. File the claim with a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and it is processed within 7 days. If you would rather exchange than refund, you can receive two other exam products of equal value free of charge and keep the update service on your original purchase.
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The official PRMIA PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics syllabus comprises 2 domains. The heaviest hitters are Case Studies, Standards & Practices. The complete outline sits above on this page; walk it top to bottom and mark every line you could not teach to someone else.
The early 2003 trading strategy of China Aviation oil was
Correct Answer: B 🗳️
Which of the following was the key contributory risk factor to the problems at LTCM in the summer of 1998?
I Model Risk
II Lack of Transparency
III Breakdown of Historical Correlations
IV Over Regulation by Federal Regulators
Correct Answer: A 🗳️
The problems at WorldCom can best be characterized as related to:
Correct Answer: B 🗳️
The hedging strategy employed by MG Refining & Marketing has been called:
Correct Answer: D 🗳️
Which of the following best characterizes the problems that developed at Bankgesellschaft Berlin?
Correct Answer: A 🗳️
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