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PMI PMI-RMP Exam Overview:

Certification Vendor:	PMI (Project Management Institute)
Exam Name:	PMI Risk Management Professional (PMI-RMP) Examination
Exam Number:	PMI-RMP
Exam Price:	USD 520 (non-member), USD 420 (PMI member) - subject to regional variation
Real Exam Qty:	115
Certificate Validity Period:	3 years
Available Languages:	English
Related Certifications:	PMI Project Management Professional (PMP) PMI Program Management Professional (PgMP)
Exam Format:	Hotspot, Multiple Response, Multiple Choice, Drag and Drop, Matching
Passing Score:	Not disclosed (determined by psychometric analysis)
Exam Duration:	150 minutes
Recommended Training:	PMI-RMP Exam Prep Resources PMI Authorized Training Partners (ATP)
Exam Registration:	PMI Certification Portal Pearson VUE Scheduling
Sample Questions:	PMI PMI-RMP Sample Questions
Exam Way:	Computer-based exam delivered via Pearson VUE (online proctored or test center)
Pre Condition:	Secondary degree (high school diploma, associate degree or global equivalent) + 36 months of project risk management experience within last 5 years OR four-year degree + 24 months of project risk management experience within last 5 years
Official Syllabus URL:	https://www.pmi.org/certifications/risk-management-rmp

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PMI-RMP certification is a valuable credential for professionals looking to enhance their expertise in risk management. The PMI-RMP exam is a rigorous test of knowledge and skills in risk management, based on the PMI Risk Management Framework and the PMI Practice Standard for Project Risk Management. Eligibility for the exam requires a combination of education and experience in project risk management. The PMI-RMP Certification is globally recognized and valued by organizations across industries, making it an excellent investment for professionals looking to advance their careers in risk management.

PMI Risk Management Professional Sample Questions (Q69-Q74):

NEW QUESTION # 69
You are project manager for ABD project. You, with your team, are working on the following activities:
* Probabilistic analysis of a project.
* Probability of achieving cost and time objectives.
* Trends in Qualitative Risk Analysis results.
On which of the following processes are you working on?

A. Plan Risk Management
B. Perform Quantitative Risk Analysis
C. Perform Qualitative Risk Analysis
D. Identify Risks

Answer: B

NEW QUESTION # 70
An organization with a large computer network identified a potential cyber security threat. Although certain measures were implemented to avoid the risk, the cyber security threat occurs. The measures were partially successful and a new unforeseen risk emerges.
What should the risk owner do?

A. Escalate the case to the risk manager and wait for their instructions.
B. Apply a work around to eliminate or mitigate the impact of the threat.
C. Conduct an analysis to determine the root cause of the failed response.
D. Develop an efficient network protection solution quickly to mitigate the risk.

Answer: B

Explanation:
According to the PMBOK Guide, one of the tools and techniques for the implement risk responses process is root cause analysis. Root cause analysis is a technique that focuses on identifying the fundamental reason for the occurrence of a problem or a risk. By conducting a root cause analysis, the risk owner can determine why the implemented measures were only partially successful and what caused the new unforeseen risk to emerge. This can help the risk owner to identify and implement more effective risk responses, as well as to update the risk register and the risk report with the new information1 . References: PMBOK Guide, 6th edition, pages 452-453, 474-4751; PMI-RMP Exam Content Outline, 2015, page 8.

NEW QUESTION # 71
The stakeholder is unwilling to make decisions that would result in negative consequences to the project.
Which of the following describes the stakeholders attitude regarding project risks?

A. Not enough information available to describe the stakeholder's risk attitude.
B. Risk accepting
C. Risk neutral
D. Risk averse

Answer: D

NEW QUESTION # 72
The project risk manager is in the process of identifying risks. The project sponsor has communicated that there is an influential stakeholder who has a senior management position. The other stakeholders do not feel comfortable speaking in front of this stakeholder.
What should the project risk manager do next to identify risks?

A. Use the brainstorming technique to remove personal bias.
B. Review the risk breakdown structure to ensure project scope is covered.
C. Consider the Delphi technique to gather all stakeholder opinions.
D. Use expert judgment to remove ego or emotional conflict.

Answer: C

Explanation:
The Delphi technique allows the project risk manager to gather opinions from all stakeholders anonymously. This method would enable stakeholders to express their concerns without feeling uncomfortable in front of the influential stakeholder.
The Delphi technique is a tool used to make quick decisions with consensus. This technique consists of sending several sets of anonymous questions to each expert. This is followed by a group discussion after every round. The Delphi technique can help the project risk manager to identify risks by soliciting the opinions of all stakeholders without revealing their identities. This way, the stakeholders can express their views freely and honestly, without being influenced or intimidated by the influential stakeholder. The Delphi technique can also reduce personal bias, ego, or emotional conflict among the participants. The project risk manager can use the results of the Delphi technique to create a list of potential risks and their causes, effects, and probabilities. Reference: 3, 2, 5

NEW QUESTION # 73
Your project uses a piece of equipment that if the temperature of the machine goes above 450 degree Fahrenheit the machine will overheat and have to be shut down for 48 hours. Should this machine overheat even once it will delay the project's end date. You work with your project to create a response that should the temperature of the machine reach 430, the machine will be paused for at least an hour to cool it down. The temperature of 430 is called what?

A. Risk identification
B. Risk response
C. Risk trigger
D. Risk event

Answer: C

NEW QUESTION # 74
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