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| Certification Vendor: | PMI (Project Management Institute) |
|---|---|
| Exam Name: | PMI Risk Management Professional (PMI-RMP) Examination |
| Exam Number: | PMI-RMP |
| Related Certifications: | PMI Program Management Professional (PgMP) PMI Project Management Professional (PMP) |
| Passing Score: | Not disclosed (determined by psychometric analysis) |
| Exam Format: | Drag and Drop, Multiple Response, Matching, Multiple Choice, Hotspot |
| Exam Duration: | 150 minutes |
| Real Exam Qty: | 115 |
| Certificate Validity Period: | 3 years |
| Exam Price: | USD 520 (non-member), USD 420 (PMI member) - subject to regional variation |
| Available Languages: | English |
| Recommended Training: | PMI Authorized Training Partners (ATP) PMI-RMP Exam Prep Resources |
| 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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To be eligible for the PMI-RMP certification exam, candidates must have a secondary degree (high school diploma, associate's degree, or global equivalent) and at least 4,500 hours of project risk management experience. Alternatively, candidates can also have a four-year degree (bachelor's degree or global equivalent) and at least 3,000 hours of project risk management experience. PMI-RMP Exam consists of 170 multiple-choice questions that must be completed within 3.5 hours. The questions are based on the PMI-RMP Exam Content Outline, which covers five domains of risk management.
NEW QUESTION # 74
A project manager works on a long-term and high visibility project at an organization that has a low risk appetite towards this project due to its impact on the company's business. The project sponsors follow up weekly with the project manager, who was just informed by one of the risk owners that the exposure from two high-impact risks are hitting the risk thresholds.
What should the project manager do next?
Answer: C
Explanation:
Explanation
The project manager should complete an assessment of the high-impact risks and confirm the response with the project sponsors (C) since the organization has a low risk appetite for this project. This approach ensures that the sponsors are aware of the situation and can provide guidance on how to proceed. This is in line with PMI's PMBOK Guide, Sixth Edition.
NEW QUESTION # 75
A risk manager is assigned to a mobile network deployment project with a strict contractually agreed-on schedule. One of the key risks identified has materialized. There is insufficient staffing because critical resources are dedicated to strategic projects in the organization. The risk manager expected the resource manager to notice this, but the resource manager thought the project experts would be alerting the team during the project.
What should the risk manager do to prevent this from happening again?
Answer: B
Explanation:
Assigning a risk owner is a foundational principle in risk management, ensuring that each risk has someone fully accountable for monitoring, controlling, and responding to the risk. According to the PMBOK Guide:
"Risk owners should be assigned to each risk. The risk owner is the person responsible for planning an appropriate risk response and ensuring it is implemented as planned."
- PMBOK Guide, 6th Edition, Section 11.3.2.1
Without a clearly assigned risk owner, responsibility can be ambiguous, leading to gaps in monitoring and response.
References:
PMBOK Guide, 6th Edition, Section 11.3.2.1
Practice Standard for Project Risk Management, PMI, Section 5.3
NEW QUESTION # 76
Jenny is the project manager of the NHJ Project for her company. She has identified several positive risk events within the project and she thinks these events can save the project time and money. You, a new team member wants to know that how many risk responses are available for a positive risk event. What will Jenny reply to you?
Answer: B
NEW QUESTION # 77
One way to make it more likely practice project risk management on projects is to______________
Answer: B
Explanation:
Meetings are a tool and technique in the control risks process. Risk management should be an agenda item at periodic status meetings. While the amount of time needed for risk management will vary depending on the identified risks, their priority, and the difficulty of the response, the more often risk management is practiced, the easier it becomes. Frequent discussions about risk make it more likely that risks and opportunities will be identified. [Monitoring and Controlling] PMIยฎ, PMBOKยฎ Guide, 2013, 352
NEW QUESTION # 78
You work as a project manager for SoftTech Inc. You are working with the project stakeholders to begin the qualitative risk analysis process. You will need all of the following as inputs to the qualitative risk analysis process except for which one?
Answer: D
NEW QUESTION # 79
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