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| Certification Vendor: | PMI (Project Management Institute) |
|---|---|
| Exam Name: | PMI Risk Management Professional (PMI-RMP) Examination |
| Exam Number: | PMI-RMP |
| Passing Score: | Not disclosed (determined by psychometric analysis) |
| Exam Format: | Drag and Drop, Multiple Response, Multiple Choice, Matching, Hotspot |
| Exam Duration: | 150 minutes |
| Exam Price: | USD 520 (non-member), USD 420 (PMI member) - subject to regional variation |
| Real Exam Qty: | 115 |
| Available Languages: | English |
| Related Certifications: | PMI Project Management Professional (PMP) PMI Program Management Professional (PgMP) |
| Certificate Validity Period: | 3 years |
| Recommended Training: | PMI-RMP Exam Prep Resources PMI Authorized Training Partners (ATP) |
| Exam Registration: | Pearson VUE Scheduling PMI Certification Portal |
| 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 certification is highly regarded in the project management industry as it demonstrates an individual's commitment to enhancing their risk management skills. PMI Risk Management Professional certification program covers topics such as project risk management processes, risk identification, risk analysis, risk response planning, and risk monitoring and control. By obtaining this certification, professionals can showcase their expertise in risk management and demonstrate their ability to enhance the overall success of a project.
PMI-RMP certification is a globally recognized credential offered by the Project Management Institute (PMI) to professionals who specialize in risk management. PMI Risk Management Professional certification is designed to validate an individual's expertise in identifying potential risks, analyzing them, and developing effective strategies to mitigate them. The PMI-RMP Certification Exam covers a wide range of topics, including risk management planning, risk identification and analysis, risk response planning, risk monitoring and control, and stakeholder engagement.
NEW QUESTION # 131
SIMULATION
Fill in the blank with an appropriate phrase.
________are activities that are dangerous to complete and manage such as construction, electrical work, or manufacturing.
Answer:
Explanation:
Pure risks
NEW QUESTION # 132
During project execution, a project manager invites the stakeholders to a risk review meeting. During this meeting, a vendor highlights that the mitigation plan for a schedule risk has generated an additional risk.
What should the risk manager do first?
Answer: B
Explanation:
Explanation
The risk manager should first update the risk register with the new risk identified by the vendor. This will help in keeping track of all the risks associated with the project and facilitate the subsequent planning and management of the risks.
The risk manager should update the new risk in the risk register, which is a project document that records the details of all identified risks, including their description, category, cause, probability, impact, and response strategy. Updating the risk register is the first step to acknowledge the existence of the new risk and to document its characteristics and potential effects on the project objectives. The risk register can then be used as an input for the Plan Risk Responses process, where the risk manager can develop appropriate actions to address the new risk. References: PMI, A Guide to the Project Management Body of Knowledge (PMBOK Guide), Sixth Edition, 2017, p. 397, 441.
NEW QUESTION # 133
A project manager has requested a risk manager facilitate risk identification on a project. While facilitating this effort, the project manager wants to ensure that stakeholders interact and provide their expertise so that an exhaustive list of risks is created.
Which risk identification technique should the risk manager use?
Answer: D
Explanation:
The risk identification technique that the risk manager should use is the nominal group technique. This technique involves bringing stakeholders together to brainstorm potential risks and then ranking them based on their importance. This allows for interaction and collaboration among stakeholders, which can help ensure that an exhaustive list of risks is created.
The nominal group technique is a risk identification technique that involves the interaction and collaboration of stakeholders to generate an exhaustive list of risks. It is a structured process that allows each participant to share their ideas independently, then rank and prioritize them as a group. This technique ensures that all opinions are considered and reduces the influence of dominant or biased individuals12
1: PMI Risk Management Professional (PMI-RMP) Handbook, page 10 2: A Guide to the Project Management Body of Knowledge (PMBOK Guide) - Seventh Edition, page 11.2.2.1
NEW QUESTION # 134
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?
Answer: C
NEW QUESTION # 135
Because risk management is relatively new on projects in your company, you decide to examine and document the effectiveness of risk responses in dealing with identified risks and their root causes. You therefore______________
Answer: B
Explanation:
The risk audit is a tool and technique in the control risks process with two purposes: to assess the effectiveness of risk responses and to evaluate the effectiveness of the risk management process.
[Monitoring and Controlling]
PMI®, PMBOK® Guide, 2013, 351
NEW QUESTION # 136
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