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To be eligible for the PMI-RMP exam, candidates must have a minimum of three years of professional experience in project management and at least 30 hours of formal education in risk management. PMI-RMP exam consists of 170 multiple-choice questions, and candidates have four hours to complete it. PMI Risk Management Professional certification is valid for three years, and professionals must earn 30 professional development units (PDUs) in risk management to maintain their certification. Overall, the PMI-RMP Certification is an excellent credential for project managers who want to demonstrate their skills in risk management and advance their careers.
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PMI-RMP certification is a globally recognized credential that demonstrates a professional's proficiency in risk management. PMI Risk Management Professional certification is ideal for individuals who aspire to advance their careers in project management, and it is also suitable for those who want to enhance their skills in risk management. PMI Risk Management Professional certification exam covers various aspects of risk management, including risk identification, risk assessment, risk response planning, and risk monitoring and control.
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 (Q225-Q230):
NEW QUESTION # 225
Risks with low ratings of probability and impact are included on a ____ for future monitoring.
- A. Risk alarm
- B. Observation list
- C. Watchlist
- D. Risk register
Answer: C
NEW QUESTION # 226
An external vendor needs to be contracted to provide additional capacity and expertise to a project team to reduce the probability of delays in a project. The contracts department is raising a concern about confidentiality risks not addressed in the proposed contract and missing from the risk register.
What should the risk manager do next?
- A. Communicate the identified residual risk.
- B. Assess the identified secondary risk.
- C. Implement the risk contingency plan.
- D. Implement the risk response plan.
Answer: B
Explanation:
According to the PMI Risk Management Professional (PMI-RMP)®Examination Content Outline1, a secondary risk is a risk that arises as a direct result of implementing a risk response to a specific risk. In this case, the risk response is to contract an external vendor to provide additional capacity and expertise to the project team. The secondary risk is the confidentiality risk that the contracts department has identified. The risk manager should assess the secondary risk to determine its probability, impact, and priority, and to plan appropriate responses. This is part of the Perform Qualitative Risk Analysis and Plan Risk Responses processes in the PMBOKGuide2. References: 1: PMI Risk Management Professional (PMI-RMP)® Examination Content Outline 2: A Guide to the Project Management Body of Knowledge (PMBOKGuide)
- Sixth Edition
NEW QUESTION # 227
Wendy is about to perform qualitative risk analysis on the identified risks within her project. Which one of the following will NOT help Wendy to perform this project management activity?
- A. Project scope statement
- B. Stakeholder register
- C. Risk management plan
- D. Risk register
Answer: B
NEW QUESTION # 228
You are the project manager of QSL project for your organization. You are working with your project team and several key stakeholders to create a diagram that shows how various elements of a system interrelate and the mechanism of causation within the system. What diagramming technique are you using as a part of the risk identification process?
- A. Influence diagrams
- B. Predecessor and successor diagramming
- C. System or process flowcharts
- D. Cause and effect diagrams
Answer: C
NEW QUESTION # 229
During a project progress meeting, a project team member is concerned that one of the risks has triggered several other low-level risks. These risks should be responded to quickly or there will be severe consequences for the project deliverables.
What should the risk manager do?
- A. Update the watchlist.
- B. Perform a risk urgency assessment.
- C. Initiate a risk response when these risks occur.
- D. Address only the high-priority risk.
Answer: B
Explanation:
When a risk triggers several other risks that need a quick response, performing a risk urgency assessment is the appropriate course of action. This assessment helps determine how soon a response is required for each risk, considering their potential impact on the project. The PMI guidelines emphasize the importance of urgency in prioritizing risk responses, particularly when the consequences could significantly affect project deliverables if not addressed promptly.
NEW QUESTION # 230
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