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PMI PMI-RMP Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Risk Strategy and Planning	22%	- Create risk management plan - Develop risk management strategy - Integrate risk management into project lifecycle - Define risk appetite, threshold, and tolerance - Align risk management with organizational and project objectives
Topic 2: Risk Monitoring and Reporting	19%	- Track effectiveness of responses - Update risk register and documents - Monitor identified risks and triggers - Capture lessons learned - Communicate risk status to stakeholders - Identify new and emerging risks
Topic 3: Risk Identification	23%	- Document risks and characteristics - Update risk register - Apply identification techniques - Capture opportunities as well as threats - Identify internal and external risks
Topic 4: Risk Response Planning	13%	- Develop response strategies for threats and opportunities - Integrate responses into project plan - Select appropriate response actions - Assign owners and responsibilities
Topic 5: Risk Analysis	23%	- Use simulation and modeling techniques - Prioritize risks - Perform quantitative risk analysis - Assess probability and impact - Perform qualitative risk analysis

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PMI Risk Management Professional Sample Questions (Q326-Q331):

NEW QUESTION # 326
A project manager wants to introduce a new technology to improve a project's performance. However, there are some costs associated that are beyond the current budget, and the proposed technology has not been applied to any previous company projects.
What should the project manager do in this situation?

A. Accept the fact that there is a risk associated with this new technology.
B. Escalate this initiative to project decision makers and sponsors.
C. Take advantage of this opportunity of Improving the project performance.
D. Outsource the implementation of the new technology as soon as possible.

Answer: B

Explanation:
Explanation
The project manager should escalate this initiative to project decision makers and sponsors, as they have the authority to approve changes in budget and scope. They can evaluate the potential benefits and associated with the new technology and make an informed decision on whether to proceed.

NEW QUESTION # 327
You are the project manager of the GHY Project for your company. You have completed the risk response planning with your project team. You now need to update the WBS. Why would the project manager need to update the WBS after the risk response planning process? Choose the best answer.

A. Because of risk responses that are now activities
B. Because of risks associated with work packages
C. Because of work that was omitted during the WBS creation
D. Because of new work generated by the risk responses

Answer: D

NEW QUESTION # 328
Henry is the project manager of the QBG Project for his company. This project has a budget of $4,576,900 and is expected to last 18 months to complete. The CIO, a stakeholder in the project, has introduced a scope change request for additional deliverables as part of the project work. What component of the change control system would review the proposed changes' impact on the features and functions of the project's product?

A. Configuration management system
B. Cost change control system
C. Integrated change control
D. Scope change control system

Answer: A

NEW QUESTION # 329
Tom works as a project manager for BlueWell Inc. He is determining which risks can affect the project. Which of the following inputs of the identify risks process is useful in identifying risks, and provides a quantitative assessment of the likely cost to complete the scheduled activities?

A. Activity duration estimates
B. Risk management plan
C. Cost management plan
D. Activity cost estimates

Answer: D

NEW QUESTION # 330
You are the project manager of a large construction project. Part of the project involves the wiring of the electricity in the building your project is creating. You and the project team determine the electrical work is too dangerous to perform yourself so you hire an electrician to perform the work for the project. This is an example of what type of risk response?

A. Avoidance
B. Mitigation
C. Transference
D. Acceptance

Answer: C

NEW QUESTION # 331
......

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