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| Certification Vendor: | PMI (Project Management Institute) |
|---|---|
| Exam Name: | PMI Risk Management Professional (PMI-RMP) Examination |
| Exam Number: | PMI-RMP |
| Certificate Validity Period: | 3 years |
| Exam Duration: | 150 minutes |
| Available Languages: | English |
| Exam Format: | Multiple Choice, Hotspot, Drag and Drop, Multiple Response, Matching |
| Real Exam Qty: | 115 |
| Passing Score: | Not disclosed (determined by psychometric analysis) |
| Exam Price: | USD 520 (non-member), USD 420 (PMI member) - subject to regional variation |
| Related Certifications: | PMI Project Management Professional (PMP) PMI Program Management Professional (PgMP) |
| 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 globally recognized credential offered by the Project Management Institute (PMI) to professionals who specialize in risk management. PMI Risk Management Professional certification is designed to validate an individual's expertise in identifying potential risks, analyzing them, and developing effective strategies to mitigate them. The PMI-RMP Certification Exam covers a wide range of topics, including risk management planning, risk identification and analysis, risk response planning, risk monitoring and control, and stakeholder engagement.
NEW QUESTION # 199
During project execution, a project manager invites the stakeholders to a risk review meeting. During this meeting, a vendor highlights that the mitigation plan for a schedule risk has generated an additional risk.
What should the risk manager do first?
Answer: B
Explanation:
The risk manager should first update the risk register with the new risk identified by the vendor. This will help in keeping track of all the risks associated with the project and facilitate the subsequent planning and management of the risks.
The risk manager should update the new risk in the risk register, which is a project document that records the details of all identified risks, including their description, category, cause, probability, impact, and response strategy. Updating the risk register is the first step to acknowledge the existence of the new risk and to document its characteristics and potential effects on the project objectives. The risk register can then be used as an input for the Plan Risk Responses process, where the risk manager can develop appropriate actions to address the new risk. References: PMI, A Guide to the Project Management Body of Knowledge (PMBOK® Guide), Sixth Edition, 2017, p. 397, 441.
NEW QUESTION # 200
Members of a project team are not taking their risk management responsibilities seriously. They do not consider risk management as primary to the project's success and do not believe that the benefits are significant.
What should the risk manager do?
Answer: B
Explanation:
Explanation
To address the lack of risk management buy-in from the project team, the risk manager should organize risk engagement activities, such as workshops. These activities can help create awareness of the importance of risk management and motivate the team to take their risk management responsibilities seriously.
Risk engagement is the process of involving stakeholders in risk management activities, such as identifying, analyzing, prioritizing, and responding to risks. Risk engagement activities are designed to motivate and influence the project team and other stakeholders to take their risk management responsibilities seriously and to understand the benefits of risk management for the project's success. Risk engagement activities can include workshops, games, simulations, brainstorming sessions, surveys, interviews, and other interactive methods. Risk engagement activities can help to create a positive risk culture, improve communication and collaboration, increase risk awareness and ownership, and enhance risk management skills and knowledge.
References: PMI Risk Management Professional (PMI-RMP) Examination Content Outline and Specifications1, page 9; Mastering PMI-RMP Domains, Tasks, and Enablers for Effective Risk2
NEW QUESTION # 201
A workaround is______________
Answer: A
Explanation:
Used in control risks, a workaround is a response to a threat that has occurred for which a prior response had not been planned or was not effective. [Monitoring and Controlling] PMI®, PMBOK® Guide, 2013, 567
NEW QUESTION # 202
Which of the following techniques for planning risk response can provide a means of identifying symptoms for use as trigger conditions for contingency responses?
Answer: D
NEW QUESTION # 203
You are the project manager of the GHY project. In your organization you must follow certain enterprise environmental factors that establish the rules for risk management . One of the policies your project must adhere to requires periodic rapid analysis of risks within the project. These rapid, cost-effective session must be documented and performed monthly. What type of analysis are you required to perform according to your enterprise environmental factors?
Answer: A
NEW QUESTION # 204
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