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| Certification Vendor: | PMI |
|---|---|
| Exam Name: | PMI Risk Management Professional |
| Exam Number: | PMI-RMP |
| Exam Format: | Multiple-choice, Scenario-based |
| Passing Score: | Not explicitly defined (Recommended approx. 70-75%) |
| Exam Price: | USD 520 (PMI Member) / USD 670 (Non-Member) |
| Available Languages: | English |
| Certificate Validity Period: | 3 years |
| Real Exam Qty: | 115 |
| Exam Duration: | 150 minutes |
| Related Certifications: | PMP (Project Management Professional) |
| Sample Questions: | PMI PMI-RMP Sample Questions |
| Exam Way: | Online Proctored (via Pearson VUE) / Onsite (Pearson VUE Test Center) |
| Pre Condition: | Secondary degree (high school diploma, associate's degree, or global equivalent) AND 36 months of project risk management experience within the last 5 years AND 40 hours of project risk management education OR Four-year degree (bachelor's degree or global equivalent) AND 24 months of project risk management experience within the last 5 years AND 30 hours of project risk management education OR Bachelor's degree or post-graduate degree from a GAC accredited program AND 12 months of project risk management experience within the last 5 years AND 30 hours of project risk management education. |
| Official Syllabus URL: | https://www.pmi.org/certifications/risk-management-rmp |
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PMI-RMP Certification Exam is designed to test the knowledge and skills of professionals in the area of risk management. PMI-RMP exam covers a range of topics, including risk identification, risk analysis, risk response planning, risk monitoring and control, and stakeholder engagement. PMI-RMP Exam is based on the PMI-RMP Examination Content Outline, which is developed by a group of experienced risk management professionals.
NEW QUESTION # 58
You are the project manager of the CUL project in your organization. You and the project team are assessing the risk events and creating a probability and impact matrix for the identified risks. Which one of the following statements best describes the requirements for the data type used in qualitative risk analysis?
Answer: C
NEW QUESTION # 59
Which of the following diagrams displays sensitivity analysis data?
Answer: C
NEW QUESTION # 60
Your organization has named you the project manager of the JKN Project. This project has a BAC of
$1,500,000 and it is expected to last 18 months. Management has agreed that if the schedule baseline has a variance of more than five percent then you will need to crash the project. What happens when the project manager crashes a project?
Answer: D
NEW QUESTION # 61
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?
Answer: A
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 project schedule 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) Examination Content Outline 2: A Guide to the Project Management Body of Knowledge (PMBOK Guide) - Sixth Edition
NEW QUESTION # 62
A risk manager monitors risks on a medium-sized project by collecting inputs and data from individual project team members. What output is produced by the risk manager after analyzing the information they receive?
Answer: D
NEW QUESTION # 63
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