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PMI PMI-RMP Exam Syllabus Topics:

Section	Weight	Objectives
Risk Identification	23%	- Apply identification techniques - Identify internal and external risks - Document risks and characteristics - Capture opportunities as well as threats - Update risk register
Risk Response Planning	13%	- Develop response strategies for threats and opportunities - Integrate responses into project plan - Assign owners and responsibilities - Select appropriate response actions
Risk Monitoring and Reporting	19%	- Monitor identified risks and triggers - Update risk register and documents - Communicate risk status to stakeholders - Capture lessons learned - Identify new and emerging risks - Track effectiveness of responses
Risk Strategy and Planning	22%	- Develop risk management strategy - Align risk management with organizational and project objectives - Integrate risk management into project lifecycle - Create risk management plan - Define risk appetite, threshold, and tolerance
Risk Analysis	23%	- Assess probability and impact - Perform quantitative risk analysis - Prioritize risks - Use simulation and modeling techniques - Perform qualitative risk analysis

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PMI Risk Management Professional Sample Questions (Q76-Q81):

NEW QUESTION # 76
Ted is the project manager of the HRR project for his company. Management has asked that Ted periodically reviews the contingency reserve as risk events happen, pass, or are still pending.
What is the purpose of reviewing the contingency reserve?

A. It helps to determine the probability and impact of project risks.
B. It helps to evaluate if the remaining reserve is adequate for the risk exposure.
C. It helps to determine how much more funds will need to be invested in the project.
D. It helps to evaluate secondary and residual risks related to the risk responses and their costs.

Answer: B

NEW QUESTION # 77
Don has hired Jerry, a contractor, to complete a portion of his project work. The contract used was a cost- plus contract. If Don were to perform a risk audit, who would carry the risk in this scenario?

A. Jerry would because of the contract type.
B. Jerry would because he is the hired contractor.
C. Don would because of the contract type.
D. Don would because he is the project manager.

Answer: C

NEW QUESTION # 78
A project manager must have certain interpersonal skills to communicate with stakeholders and manage their expectations of the project work. Which of the following interpersonal skills has been identified as one of the biggest reasons for project success or failure?

A. Political and cultural awareness
B. Communication
C. Influencing
D. Motivation

Answer: B

NEW QUESTION # 79
Ben works as a project manager for the MJH Project. In this project, Ben is preparing to identify stakeholders so he can communicate project requirements, status, and risks. Ben has elected to use a salience model as part of his stakeholder identification process. Which of the following activities best describes a salience model?

A. Describing classes of stakeholders based on their power (ability to impose their will), urgency (need for immediate attention), and legitimacy (their involvement is appropriate).
B. Grouping the stakeholders based on their level of authority ("power") and their level or concern ("interest") regarding the project outcomes.
C. Influence/impact grid, grouping the stakeholders based on their active involvement ("influence") in the project and their ability to affect changes to the project's planning or execution ("impact").
D. Grouping the stakeholders based on their level of authority ("power") and their active involvement ("influence") in the project.

Answer: A

NEW QUESTION # 80
For the last several months, a project manager for a global technology program is focused on improving the project outsourcing process and analyzing the vendor supply chain as key pieces of the cost containment strategy. Early in the project, these two areas were identified as key risks to the final delivery of the project.
Since that initial risk identification, the risk manager works to identify additional risks, as well as analyze the potential impact to the project cost baseline. After performing a cost-risk sensitivity analysis, the risk manager produces this chart.

Based on this analysis, which two risk areas should the project manager focus on to control project cost?

A. Labor rate increases and management reviews
B. Vendor supply chain disruption and final system test
C. Vendor supply chain disruption and software design changes
D. Outsourcing negotiations and vendor supply chain disruption

Answer: B

NEW QUESTION # 81
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