The MRCP Revision Forum is to discuss MRCP Exams in this forum. MRCP stands for 'Membership of the Royal College of Physicians'. The MRCP is a postgraduate exam and is run by the Federation of the Medical Royal Colleges. The MRCP is divided into 3 parts. MRCP Part 1 and MRCP Part 2 are written papers and MRCP Part 2 PACES is the clinical assessment.