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PMI PMI-RMP Exam Syllabus Topics:

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

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PMI Risk Management Professional Sample Questions (Q260-Q265):

NEW QUESTION # 260
A well established project begins to experience cost overruns and falls behind schedule. The project risk register identifies many risks and risk response plans in place, yet many risks are transitioning into issues. As the risks occur and become issues, many of the response plans are in progress, but not complete. The data from this graph represents the status of the project risks.

Based on this information, what improvement to the risk management process is required?

A. Transition to an issue management program and close the remaining open risks.
B. Review remaining risk response plans and invest in schedule quality improvements.
C. Improve the risk analysis to better define root causes.
D. Increase the project risk identification and analysis.

Answer: C

NEW QUESTION # 261
Harold is the project manager of a large project in his organization. He has been actively communicating and working with the project stakeholders. One of the outputs of the manage stakeholder expectations process can actually create new risk events for Harold's project. Which output of the manage stakeholder expectations process can create risks?

A. Change requests
B. Organizational process assets updates
C. Project document updates
D. Project management plan updates

Answer: A

NEW QUESTION # 262
Which of the following templates may be included in the risk management plan?

A. Formal brainstorming list
B. Formal structure for a risk statement
C. Work performance report
D. Structure for a SWOT diagram

Answer: B

NEW QUESTION # 263
The project risk manager on a large firm fixed priced (FFP) contract has an up-to-date risk register with accurate and detailed information. What should the project risk manager do next?

A. Advise the client that the project has exhausted contingency.
B. Recommend the removal of risks to the project manager to reduce project risk exposure.
C. Quantify the risk exposure that exceeds project contingency.
D. Generate reports to assess and communicate the project risk level.

Answer: D

Explanation:
Explanation
The project risk manager should generate reports to assess and communicate the project risk level to stakeholders. This helps in making informed decisions and taking appropriate actions to manage risks effectively.

NEW QUESTION # 264

Based on this information, which of the following has the highest risk exposure?

A. Labor shortage R
B. Delayed procurement
C. Schedule slippage
D. Funding shortage

Answer: B

NEW QUESTION # 265
......

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