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| Certification Vendor: | PMI |
|---|---|
| Exam Name: | PMI Risk Management Professional Certification Exam |
| Exam Number: | PMI-RMP |
| Certificate Validity Period: | 3 years |
| Exam Price: | $520 USD (PMI members), $670 USD (non-members) |
| Available Languages: | Arabic, Chinese (Simplified), English |
| Passing Score: | Not published; scaled scoring, approx. 75% accuracy recommended |
| Related Certifications: | PMI Agile Certified Practitioner (PMI-ACP) Program Management Professional (PgMP) Project Management Professional (PMP) |
| Exam Duration: | 150 minutes |
| Real Exam Qty: | 115 (100 scored, 15 unscored pretest) |
| Exam Format: | Scenario-based, Multiple-select (multiple answers), Computer-based, Multiple-choice (single answer) |
| Recommended Training: | PMI-RMP Exam Content Outline PMI-RMP Official Exam Prep Course |
| Exam Registration: | PMI Official Registration Pearson VUE Scheduling |
| Sample Questions: | PMI PMI-RMP Sample Questions |
| Exam Way: | Computer-based test at Pearson VUE centers or online proctored |
| Pre Condition: | Option 1: Secondary diploma + 36 months risk experience (last 5 years) + 40 hours risk education; Option 2: Bachelor's degree + 24 months risk experience (last 5 years) + 30 hours risk education; Option 3: Bachelor's from GAC-accredited program + 18 months risk experience (last 5 years) |
| Official Syllabus URL: | https://www.pmi.org/certifications/risk-management-rmp |
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The candidates will have 210 minutes to answer 170 questions presented in the multiple-choice format. Please note that there are 20 unscored items, which will be placed throughout the subject areas as the pretest questions. This exam can be taken in the English language, and the students must pay the fee of $520 (for PMI members) or $670 (for non-members) to schedule the test. As for the registration process, it can be done through the Pearson VUE platform.
NEW QUESTION # 143
Tom is the project manager of the GGG project for his company. He is working with the project team on the Perform Qualitative Risk Analysis process. Tom is having the project team to review the project scope statement as an input to the qualitative risk analysis process. Why?
Answer: D
NEW QUESTION # 144
The risk manager for a large-scale software-development project with a tight deadline and multiple stakeholders highlights concerns about potential delays, communication gaps, and vendor reliability. During the early stages of the project, the project sponsor asks the risk manager to identify and address any potential risks that could disrupt project delivery.
What should the risk manager do?
Answer: A
Explanation:
The immediate need is to identify potential risks systematically. Risk-management exercises-such as facilitated workshops, brainstorming, interviews, prompt lists, checklists, and assumption analysis-bring relevant participants together to identify threats and opportunities before they affect delivery.
Qualitative risk analysis is performed after individual risks have been identified and documented. It prioritizes risks by considering factors such as probability, impact, urgency, and proximity; it does not replace the identification step.
Consulting the project management plan may help the risk manager understand scope, schedule, procurement, communications, and other risk-relevant information, but merely consulting the plan does not complete the requested identification activity. Creating a list of potential issues is also inappropriate because an issue is a condition that has already occurred, whereas a risk is an uncertain event or condition that may affect objectives.
Therefore, conducting structured risk-management exercises is the best available action for identifying potential risks and preparing them for subsequent analysis and response planning.
Why the other options are not the best answers:
A). This occurs after risks are identified and recorded.
C). The plan is an input, but reviewing it alone does not identify and address the risks.
D). The option confuses future uncertain risks with current issues.
References:
PMI, PMBOK Guide-Sixth Edition, Section 11.2, Identify Risks.
PMI, Practice Standard for Project Risk Management, guidance on facilitated risk-identification techniques.
PMI, The Standard for Risk Management in Portfolios, Programs, and Projects, guidance on collaborative risk identification.
NEW QUESTION # 145
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: A
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 ofdominant or biased individuals12 References: 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 # 146
The risk register is developed during the initial phases of a virtualized desktop deployment. The register is reviewed by peers, responses are planned, reviewed again, and risks are prioritized.
After project completion, the risk register is reviewed as part of the formal lessons learned process. During the review, itis realized that the risk register was not updated, and many responses were not executed during the deployment.
Which of the following options should have been performed during the execution of the project?
Answer: D
NEW QUESTION # 147
A new initiative to deploy a high-speed broadband network across underserved rural areas has multiple stakeholders. These stakeholders include government agencies, private investors, and local community groups. During the project's initiation phase, several risks are identified. As a result, the project sponsor requests that the risk manager document and track these risks.
What should the risk manager do?
Answer: B
Explanation:
A verbatim extract cannot be authenticated without access to the applicable official PMI Risk Manager study guide or source document. The PMI-aligned explanation is as follows:
The sponsor specifically requests that the identified risks be documented and tracked. The risk register is the primary project document used to record and maintain information about individual project risks.
An initial risk register may include:
* Risk identification number.
* Risk description.
* Risk cause.
* Potential risk event.
* Potential effect on project objectives.
* Risk category.
* Date identified.
* Person who identified the risk.
* Potential risk owner.
* Initial probability and impact information.
* Assumptions and supporting information.
* Proposed responses, where available.
* Current risk status.
The risk register is progressively updated throughout the project as risks are analyzed, assigned, responded to, monitored, escalated, or closed.
Option A is not the best answer because a risk-management strategy explains how risk management will be performed. It does not replace the risk register used to document and track individual risks.
Option B is premature because risks should be properly documented, analyzed, prioritized, and assigned before mitigation or contingency actions are selected.
Option C may be valuable for identifying additional risks and engaging stakeholders, but the question states that risks have already been identified and the sponsor specifically wants them documented and tracked.
The risk manager should therefore create or update the risk register.
References:
PMI, PMBOK Guide-Sixth Edition, Section 11.2, Identify Risks.
PMI, PMBOK Guide-Sixth Edition, risk register as an output of the Identify Risks process.
PMI, Practice Standard for Project Risk Management, guidance concerning risk identification and risk documentation.
PMI, The Standard for Risk Management in Portfolios, Programs, and Projects, guidance concerning risk information, documentation, ownership, and traceability.
NEW QUESTION # 148
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