GET THE ACTUAL PMI PMI-RMP EXAM QUESTIONS IN PDF

Get The Actual PMI PMI-RMP Exam Questions In PDF

Get The Actual PMI PMI-RMP Exam Questions In PDF

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Tags: Valid PMI-RMP Test Registration, Latest PMI-RMP Test Camp, PMI-RMP Reliable Test Testking, PMI-RMP Valid Learning Materials, Study Guide PMI-RMP Pdf

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There is no doubt that we all dream of working for top companies around the globe. Some people make it through but some keep on thinking about how to break that glass. If you are among those who belong to the latter category, you should start the preparations for the PMI Risk Management Professional (PMI-RMP) certification exam to improve your knowledge, expertise and crack even the toughest interview easily.

Topics Measured by PMI-RMP

The PMI-RMP exam will cover several risk management-related topics that you need to master beforehand. So, here's a look at some of these domains and their concepts:

  • Risk Process Facilitation

    25% to 28% of the test questions will revolve around this section. It involves the processes through which team members identify, analyze, and respond to risks in a project. Also, tools & methods for fundamental quantitative risk analysis is assessed by this part.

  • Perform Specialized Risk Analysis

    No more than 14%-16% of the questions will stem from this part. So, here, you'll get to express your knowledge of using specialized tools and best practices for project risk management with the help of basic as well as higher-level statistics.

  • Stakeholder Engagement

    This scope takes up to 20% of the questions you will encounter in the PMI-RMP test. It covers the areas related to helping stakeholders and workers understand the risks involved in their project. Your ability to train and use coach techniques will also be tested within such a topic.

  • Risk Strategy and Planning

    The concepts covered in this area will make up around 20% of all exam questions. Particularly, it tests your ability to plan out procedures for risk identification, analysis, and mitigation. It also gives you a chance to prove your expertise when it comes to developing and improving risk management processes for a project.

  • Risk Monitoring and Reporting

    With about 20% of the exam spinning around this portion, it's a must-know for everyone hoping to earn the PMI-RMP certificate. In particular, this topic deals with how specialists monitor risks and communicate performance to other team members and stakeholders.

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PMI Risk Management Professional Sample Questions (Q20-Q25):

NEW QUESTION # 20
A risk manager has been assigned to a project constructing a chemical laboratory. Unfamiliar with chemical laboratories, the risk manager is unsure of where to start objectively identifying risks.
What should the risk manager do?

  • A. Import a risk register from other industry chemical laboratories.
  • B. Review published operational experience reports.
  • C. Define chemical laboratory safety risk thresholds.
  • D. Draft threat and opportunity risks that come to mind.

Answer: B

Explanation:
Explanation
Reviewing published operational experience reports from similar projects or industries can help the risk manager objectively identify risks for the chemical laboratory project. These reports provide valuable insights into potential risks and lessons learned from other projects.


NEW QUESTION # 21
You are the project manager of a large construction project. You are evaluating the strengths, weaknesses, opportunities, and threats involved in a project. In which of the following processes are you on?

  • A. Identify Risks
  • B. Plan Risk Management
  • C. Plan Risk Responses
  • D. Define Scope

Answer: A


NEW QUESTION # 22
You are the project manager of the NHJ project for your company. This project has a budget at completion of
$1,650,000 and you are 60 percent complete. According to the project plan, however, the project should be 65 percent complete. In this project you have spent $995,000 to reach this point of completion. There is a risk that this project may be late so you have taken some measures to recover the project schedule. Management would like to know, based on current performance, what the estimate at completion for this project will be.
What is the estimate at completion?

  • A. $1,650,000
  • B. $1,666,667
  • C. $663,333
  • D. -$8,333

Answer: B


NEW QUESTION # 23
You are the project manager of the YHG project for your company. Within the project, you and the project team have identified a risk event that could have a financial impact on the project of $450,000. This risk event has a 70 percent chance of occurring in the project. The project identifies a solution that will reduce the probability of the risk event to ten percent, but it will cost $260,000 to implement. Management agrees with the solution and asks that you include the risk response in the project plan. What risk response is this?

  • A. This is avoidance because the risk response caused the project plan to be changed.
  • B. This is not a risk response, but a change request.
  • C. This is mitigation because the response reduces the probability.
  • D. This is transference because of the $260,000 cost of the solution.

Answer: C


NEW QUESTION # 24
You work as a project manager for BlueWell Inc. Your project is using a new material to construct a large warehouse in your city. This new material is cheaper than traditional building materials, but it takes some time to learn how to use the material properly. You have communicated to the project stakeholders that you will be able to save costs by using the new material, but you will need a few extra weeks to complete training to use the materials. This risk response of learning how to use the new materials can also be known as what term?

  • A. Cost of conformance to quality
  • B. Cost-benefits analysis
  • C. Benchmarking
  • D. Team development

Answer: A


NEW QUESTION # 25
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