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PMI PMI-RMP Exam Syllabus Topics:

SectionObjectives
Topic 1: Risk Analysis- Qualitative Risk Analysis
- Quantitative Risk Analysis
Topic 2: Risk Monitoring and Control- Risk Reporting and Communication
- Risk Audits and Reviews
Topic 3: Risk Identification- Overall Project Risk Identification
- Identifying Individual Risks
Topic 4: Risk Strategy and Planning- Risk Management Planning
- Stakeholder Engagement in Risk
Topic 5: Risk Response Planning- Threat Response Strategies
- Opportunity Response Strategies

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PMI Risk Management Professional Sample Questions (Q238-Q243):

NEW QUESTION # 238
Because risk management is relatively new on projects in your company, you decide to examine and document the effectiveness of risk responses in dealing with identified risks and their root causes. You therefore______________

Answer: B

Explanation:
The risk audit is a tool and technique in the control risks process with two purposes: to assess the effectiveness of risk responses and to evaluate the effectiveness of the risk management process.
[Monitoring and Controlling]
PMI®, PMBOK® Guide, 2013, 351


NEW QUESTION # 239
Holly is the project manager of the GHH Project. During risk identification and the subsequent risk analysis process she has identified a risk with a high probability and high impact for her project. She and the stakeholder agree that the project management plan should be changed to eliminate the risk threat entirely. What risk response has Holly used in this instance?

Answer: C


NEW QUESTION # 240
A project team in a multinational organization is working on a risk management plan for a multimillion-dollar project. This project involves three global regions with a wide range of critical stakeholders with varying degrees of risk appetite.
What should the risk manager advise the project team to do?

Answer: C

Explanation:
When managing risks in a project that spans multiple regions with varying degrees of risk appetite, it is essential to align the project's risk thresholds with the organization's overall risk appetite. This approach ensures consistency across all regions and projects, particularly in multinational organizations where varying regional practices and risk appetites could create discrepancies. By aligning with the organizational risk appetite, the project team ensures that the risk management process adheres to the strategic objectives and governance framework set by the organization. This alignment also helps in managing stakeholder expectations and ensuring that the project remains within acceptable risk parameters set by the organization as a whole, as emphasized in the Risk Management Policy.


NEW QUESTION # 241
During a risk identification process in a construction project, the lack of space to install air conditioners is raised as a risk with high impact. Which is an example of an early risk trigger?

Answer: D

Explanation:
A risk trigger is an indication or warning sign that a risk is about to occur or has occurred. A risk trigger can be an event, a condition, or a situation that signals the onset of a risk. A risk trigger can help the project team to identify and respond to risks in a timely manner. In this case, the lack of space to install air conditioners is a risk with high impact on the project. A potential need to share the space with other machinery is an example of an early risk trigger, because it indicates that the space issue may become a problem in the future. If the project team detects this trigger, they can take proactive actions to avoid or mitigate the risk, such as finding an alternative location, modifying the design, or negotiating with the stakeholders. Reference: PMI, The Standard for Risk Management in Portfolios, Programs, and Projects, 2019, p. 102-103.


NEW QUESTION # 242
What are the critical success factors for the Plan Risk Management process?

Answer: D


NEW QUESTION # 243
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