Try and practice the latest PRMIA : 8004 real questions & answers
Updated: Sep 01, 2026
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PRMIA 8004 Exam Overview:
| Certification Vendor: | PRMIA |
|---|---|
| Exam Name: | PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics |
| Exam Number: | 8004 |
| Certificate Validity Period: | Lifetime (active status requires annual CRL credits) |
| Exam Price: | USD 275 (members), USD 350 (non-members) |
| Real Exam Qty: | 24 |
| Exam Format: | Multiple Choice, Case Study Based |
| Passing Score: | 60% |
| Exam Duration: | 90 minutes |
| Available Languages: | English |
| Recommended Training: | PRMIA Code of Conduct & Governance Principles PRMIA Exam IV Study Materials |
| Exam Registration: | Pearson VUE Scheduling PRMIA Official Registration |
| Sample Questions: | PRMIA 8004 Sample Questions |
| Exam Way: | Computer-based: Onsite at Pearson VUE centers or Online Proctored |
| Pre Condition: | PRMIA membership; no required exam order; must meet program eligibility |
| Official Syllabus URL: | https://www.prmia.org/PRM |
PRMIA 8004 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| PRMIA Principles of Good Governance | 20% | - Risk governance frameworks - Transparency and disclosure - Board and senior management responsibilities - Risk appetite and accountability |
| PRMIA Standards of Best Practice, Conduct and Ethics | 30% | - Ethical decision-making framework - Code of professional conduct - Compliance with laws and regulations - Professional integrity and accountability |
| PRMIA Case Studies | 50% | - Historical risk failure analysis - Risk management lessons learned - Root cause identification - Application of risk principles to scenarios |
PRMIA PRM Certification - Exam IV: Case Studies; Standards: Governance, Best Practices and Ethics Sample Questions:
Question 1
The Chair, Vice Chair, Secretary and Treasurer of the PRMIA Board of Directors are elected by:
A. A two-thirds affirmative vote of all members
B. All PRMIA Fellow Members
C. The Regional Directors
D. The Blue Ribbon Advisory Panel
Question 2
The Financial Accounting and Reporting Infrastructure of any organization must:
I Accurately represent the corporation's current and known financial condition in a timely manner II Only use off-balance sheet transactions which have a legitimate economic, tax, risk transfer or risk mitigating purpose III Provide a detailed description of the Risk Management Infrastructure in the organization's Annual Report to Shareholders IV Provide an auditable Annual Statement of Compliance with the Board's publicly stated Standards of Corporate Governance to the Board and Audit Committee
A. All of these are expected of the Financial Accounting and Reporting Infrastructure
B. I, III and IV only
C. I and III only
D. I, II and III only
Question 3
The Basic Knowledge a PPRMIA member should comply with, as stipulated within the PRMIA Standards of Best Practice, Conduct & Ethics, is to
A. only possess the required skills and/or certification to complete the risk assessment / management work at hand
B. learn from a qualified risk management practitioner
C. only improve their PERSONAL professional competence
D. maintains and improve their professional competence and strive to maintain and improve the competence of other risk professionals
Question 4
Bankgesellschaft Berlin's failures can be best characterised as
A. both A and B
B. credit risk caused by a diversified portfolio of poor-quality loans
C. credit risk caused by overexposure to the property market
D. none of the above
Question 5
Finite insurance is reinsurance which
A. transfers the total risk at the usual reinsurance price
B. transfers the total risk at less cost than traditional reinsurance
C. transfers only a limited amount of risk at less cost than traditional reinsurance
D. transfers only a limited amount of risk at the usual reinsurance price
Solutions:
| Question 1 Answer: C | Question 2 Answer: A | Question 3 Answer: D | Question 4 Answer: C | Question 5 Answer: C |
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