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Last Updated: Sep 18, 2026

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A PRMIA certification carries authority that no self-description can match. The PRMIA Operational Risk Manager (ORM) exam is how you earn it, and the 242 practice questions at TrainingQuiz are built to get you there.

PRMIA 8010 Exam Overview:

Certification Vendor:Professional Risk Managers' International Association (PRMIA)
Exam Name:Operational Risk Management (ORM) Certificate Exam
Exam Number:8010
Available Languages:English
Related Certifications:PRMIA Credit & Counterparty Risk Management Certificate
PRMIA Cyber Risk Management Certificate
PRMIA Market, Liquidity & Asset Liability Risk Management Certificate
Passing Score:60%
Exam Price:USD 599 (non-member) / USD 549 (member)
Exam Duration:120 minutes
Exam Format:Multiple Choice
Real Exam Qty:60
Sample Questions: DOWNLOAD DEMO
Exam Way:Computer-based exam conducted at Pearson VUE test centers or online proctored delivery.
Pre Condition:Enrollment in the ORM Certificate program and payment of program fee required before exam authorization. No prior exam prerequisite.
Official Syllabus URL:https://prmia.org/Public/Public/Certificate/ORM.aspx

PRMIA 8010 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Risk Governance6%- Governance Principles and Risk Roles
Topic 2: Operational Resilience4%- Resilience Concepts and Practices
Topic 3: Compliance Risk6%- Compliance Risk Framework
Topic 4: Introduction2%- Overview of Operational Risk Management
Topic 5: Risk Information10%- Loss Data, KRIs and Reporting
Topic 6: Risk Assessment10%- Risk Identification and Assessment Techniques
Topic 7: Risk Management Framework10%- Risk Appetite, Policies, Culture
Topic 8: Case Studies6%- Applied Operational Risk Scenarios
Topic 9: Operational Risk Capital6%- Capital Concepts & Basel III Context

FAQ: Choosing and Using PRMIA Operational Risk Manager (ORM) Prep

PRMIA Operational Risk Manager (ORM) is an official Professional Risk Managers' International Association (PRMIA) exam, catalogued under the code 8010. Passing it earns you the PRM Certification certification at the Certificate level. It also connects with PRMIA Market, Liquidity & Asset Liability Risk Management Certificate, PRMIA Credit & Counterparty Risk Management Certificate, PRMIA Cyber Risk Management Certificate. The credential carries the vendor's authority, which is why it keeps opening doors for the people who hold it.

Yes, and for every version. TrainingQuiz provides free demos of the PRMIA Operational Risk Manager (ORM) material so you can compare the PDF, SOFT, and online formats before deciding. After purchase, updates are free for 365 days, and when your product expires you can extend the update service at a 50% discount.

PRMIA Operational Risk Manager (ORM) gives you 60 questions inside 120 minutes. Rather than cramming mechanically, rehearse the pace actively: the TrainingQuiz SOFT engine teaches through timed exercises, so flagging, skipping, and returning become reflexes before exam day rather than improvisations during it.

Passing PRMIA Operational Risk Manager (ORM) requires 60%, and official registration costs USD 599 (non-member) / USD 549 (member). Since every retake bills the full USD 599 (non-member) / USD 549 (member) again, the sensible sequence is practice first, book second. When your TrainingQuiz practice scores clear the requirement across repeated sessions, the exam stops being a gamble.

Enrollment in the ORM Certificate program and payment of program fee required before exam authorization. No prior exam prerequisite.

Vendor rules change over time, so confirm the current conditions before registering on the official exam page.

A 100% money-back guarantee covers you under stated conditions. Take the PRMIA Operational Risk Manager (ORM) exam within 60 days of purchase; if you fail, you may claim a full refund, provided the exam matches your product. Attempts within 3 days of purchase are ineligible, as are downloaded-but-unused products, free materials, and expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are processed within 7 days. You may instead exchange for two other exam products of equal value, free, keeping the update service on your original purchase.

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PRMIA Operational Risk Manager (ORM) is divided into 9 official domains, led by Risk Assessment (10%), Risk Management Framework (10%), and Risk Governance (6%). The complete breakdown is above on this page; candidates who study the syllabus first waste the least time later.

PRMIA Operational Risk Manager (ORM) Sample Questions:

Question #1

Economic capital under the Earnings Volatility approach is calculated as:

  • A. Earnings under the worst case scenario at a given confidence level/Required rate of return for the firm
  • B. Expected earnings/Required rate of return for the firm
  • C. Expected earnings/Specific risk premium for the firm
  • D. [Expected earningsless Earnings under the worst case scenario at a given confidence level]/Required rate of return for the firm
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #2

For a FX forward contract, what would be the worst time for a counterparty to default (in terms of the maximum likely credit exposure)

  • A. Right after inception
  • B. Indeterminate from the given information
  • C. At maturity
  • D. Roughlythree-quarters of the way towards maturity
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Explanation: Only visible for TrainingQuiz members. You can sign-up / login (it's free).

Question #3

A bank holds a portfolio ofcorporate bonds. Corporate bond spreads widen, resulting in a loss of value for the portfolio. This loss arises due to:

  • A. Credit risk
  • B. Liquidity risk
  • C. Counterparty risk
  • D. Market risk
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for TrainingQuiz members. You can sign-up / login (it's free).

Question #4

For a corporate issuer, which of the following can be used to calculate market implied default probabilities?
I. CDS spreads
II. Bond prices
III. Credit rating issued by S&P
IV. Altman's scoring model

  • A. I, II and III
  • B. I and II
  • C. III and IV
  • D. II and III
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for TrainingQuiz members. You can sign-up / login (it's free).

Question #5

CreditRisk+, the actuarial model for calculating portfolio credit risk, is based upon:

  • A. the Poisson distribution
  • B. the log-normal distribution
  • C. the normal distribution
  • D. the exponential distribution
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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