Risk Management Modules
Risk Management Modules
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The following Modules are now NOW AVAILABLE! online:
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Registration now available |
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| Keep coming back, other specialised modules will be available soon. |
For information on RMM events in each state please click below:
QLD | NSW | VIC | TAS | WA | SA | ACT
Who is required to complete a Risk Management Module?
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New Members Members seeking Provisional Membership (PMAPI) with Residential Property Valuer (RPV) designation and those seeking Associate Membership (AAPI) with Certified Practising Valuer (CPV) are required to complete the Risk Management Module Fundamentals. Members who have joined within the past 12 months and have yet to complete a Risk Management Module are also required to complete the Risk Management Module Fundamentals. |
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Existing Members All Members currently undertaking Valuations of Australian property (intellectual, personal, real and leasehold property and includes plant and machinery), who do not hold a current RMM Certificate or hold one that is due to expire this year are required to complete a Risk Management Module. Some modules may not be offered face to face if the numbers attending are considered insufficient to conduct the module. Members wanting to complete a specific face to face session should register early to avoid disappointment. |
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A range of Risk Management Modules are available
There are a number of modules on offer in 2012:
| RMM Fundamentals |
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This is the standard Risk Management Module that set out the fundamentals of Risk Management. It is compulsory for all Members who have not previously undertaken a Risk Management Module. |
| RMM Regional |
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The fundamentals Risk Management Module has been adapted to suit Valuation business that “do a bit of everything”. Is designed for delivery in regional areas and will include a workshop dealing with rural land (where appropriate). |
| RMM Volume Residential |
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A focus on volume residential. It will cover fundamentals, but focus on specific issues for practitioners that spend most of their time dealing with short form valuations to lenders. Will cover issues around automates valuations, desktop valuations, short form valuations, the role of panel managers and data aggregators, retainer agreements with clients, common risk areas, relevant APRA regulations and burning issues relevant to the Valuation profession. |
| RMM Commercial |
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The fundamentals, but with a focus on commercial mortgage and expert work. Tailored for Valuers dealing with assets above $3M. Includes examples relevant to premium residential, rental determinations, expert work, financial reporting and syndicated loans. |
| RMM Government and Rating Valuations |
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The fundamentals with a focus on rating valuations, government municipal legislation, expert witness work and key cases. Targeted for Municipal Valuers, firms advising private clients on rating matters and compulsory acquisition work. |
| RMM Plant & Machinery |
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The fundamentals, with a focus on plant and machinery Valuers |
| RMM and Financial Institutions |
| A forum for CEO’s and senior managers of Valuation forms with attendance by key clients to review important issues relevant to the valuation and finance professions. |
How will the Risk Management Modules be delivered?
The Risk Management Modules will be delivered face to face and on-line.
Face to face is the preferred method of delivery for the Risk Management Modules, as it enables interaction with presenters and other Members during the sessions and promotes a better understanding of the subject matter. DLA Piper will be the presenters of the face to face sessions.
Due to the nature of the RMM and Financial Institutions Risk Management Module, this module will not be available for completion on-line.
When will the Risk Management Modules be available?
The Risk Management Modules will be available for face to face from 1 July 2012. Each Division is finalising a number of dates for the delivery of modules around the country.
The number of face to face sessions offered during 2012 will far exceed those offered in 2013 and 2014. Some modules may not be offered if the numbers attending are considered insufficient to conduct the module. Members wanting to complete a specific face to face session should register early to avoid disappointment.
The Risk Management Fundamentals and other specialist modules (with the exception of RMM and Financial Institutions) are now available for on-line completion.
What is the investment for the Risk Management Modules?
The special Members only price for the Risk Management Module is $255 each (GST inclusive), irrespective of which Risk Management Module is being undertaken. For non-Members of the API, the investment is $415 (GST inclusive).
Are CPD Points allocated for the Risk Management Module?
Four (4) CPD points will be allocated on successful completion of the Risk Management Module. Successful completion is defined as successfully completing the assessment in the face to face session or the successful completion of the on-line quiz for the on-line session.