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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
Exam Format:	Matching, Multiple Response, Drag and Drop, Hotspot, Multiple Choice
Related Certifications:	PMI Program Management Professional (PgMP) PMI Project Management Professional (PMP)
Exam Duration:	150 minutes
Real Exam Qty:	115
Passing Score:	Not disclosed (determined by psychometric analysis)
Available Languages:	English
Certificate Validity Period:	3 years
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 exam is a computer-based test that consists of 170 multiple-choice questions. Candidates have four hours to complete the exam. PMI-RMP exam is administered by Pearson VUE, a leading provider of computer-based testing services. The PMI-RMP Certification is valid for three years, after which candidates are required to renew their certification by earning 30 Professional Development Units (PDUs) in risk management-related activities.

PMI Risk Management Professional Sample Questions (Q186-Q191):

NEW QUESTION # 186
Fred is the project manager of the PKL project. He is working with his project team to complete the quantitative risk analysis process as a part of risk management planning. Fred understands that once the quantitative risk analysis process is complete, the process will need to be completed again in at least two other times in the project. When will the quantitative risk analysis process need to be repeated?

A. Quantitative risk analysis process will be completed again after the risk response planning and as a part of monitoring and controlling.
B. Quantitative risk analysis process will be completed again after new risks are identified and as part of monitoring and controlling.
C. Quantitative risk analysis process will be completed again after the plan risk response planning and as part of procurement.
D. Quantitative risk analysis process will be completed again after the cost management planning and as a part of monitoring and controlling.

Answer: A

NEW QUESTION # 187
Gary is the project manager of the MMQ project for his company. He is working with his project team to plan the risk responses for his project. Sarah, a project team member, does not understand the process that Gary is using to plan the risk responses. Which approach is the preferred method to address project risks and the risk responses?

A. Risks in the project should be addressed by their impact for creating risk responses.
B. Risks in the project should be addressed by the organization's risk tolerance for creating risk responses.
C. Risks in the project should be addressed by their probability for creating risk responses.
D. Risks in the project should be addressed by their priority for creating risk responses.

Answer: D

NEW QUESTION # 188
A project manager realizes the team undertaking the project work has fallen behind the planned schedule. The risk manager identifies a new risk resulting from this delay and will need to understand how this will affect the project deadline.
Which kind of numerical analysis should be performed to understand the worst-case scenarios?

A. Qualitative risk analysis
B. Sensitivity analysis
C. Root cause analysis
D. Earned value analysis

Answer: B

Explanation:
sensitivity analysis is a technique that helps to determine which risks have the most potential impact on the project. It examines the extent to which the uncertainty of each project element affects the objective being examined when all other uncertain elements are held at their baseline values. Sensitivity analysis is often used to assess the risk exposure of the projectschedule and cost, and to identify the critical risks that need to be managed. In this case, the risk manager needs to understand how the new risk resulting from the delay will affect the project deadline, which is the objective being examined. By performing sensitivity analysis, the risk manager can compare the relative importance and interaction of the new risk with other existing risks, and determine the worst-case scenarios for the project completion date. Sensitivity analysis can also help to prioritize risks for response planning and to develop contingency reserves. This is part of the Perform Quantitative Risk Analysis process in the PMBOK® Guide2. References: 1: PMI Risk Management Professional (PMI-RMP)® ExaminationContent Outline 2: A Guide to the Project Management Body of Knowledge (PMBOK® Guide) - Sixth Edition

NEW QUESTION # 189
A risk manager for a hospital extension project is leading a project team in developing a risk management plan. One team member is responsible for conducting risk identification. The team member just joined the team and is struggling to ensure the coverage of all risks that might arise in this complex project.
How should the risk manager address this concern?

A. Develop a probability and impact matrix to analyze possible risks.
B. Develop a risk impact analysis to assess the consequences of possible risks
C. Develop a risk breakdown structure {RBS) to identify possible risks.
D. Create a risk register to capture and track possible risks.

Answer: C

NEW QUESTION # 190
Sensitivity analysis is a technique for systematically changing parameters in a model to determine the effects of such changes and is useful for computer modelers for a range of purposes. Which of the following purposes does the sensitivity analysis include? Each correct answer represents a complete solution. Choose all that apply.

A. Increased understanding or quantification of the system
B. Decision making or the development of recommendations for decision makers
C. Model development
D. Estimating the average outcome

Answer: A,B,C

NEW QUESTION # 191
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