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PMI PMI-RMP Exam Syllabus Topics:

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

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PMI Risk Management Professional Sample Questions (Q232-Q237):

NEW QUESTION # 232
Rex is the project manager of the BDF Project. This project will last for two years and has a budget of
$2,345,000. Management has instructed Rex that the project must not go over budget as funds are very tight in the organization. During the project planning Rex and the project team discover a positive risk event to save
$75,000. Rex wants to make certain that this risk event happens so which risk response method is most appropriate?

A. Share
B. Mitigation
C. Exploit
D. Enhance

Answer: C

Explanation:
Explanation

NEW QUESTION # 233
A stakeholder is asked to approve additional funding to implement a risk response plan. However, the stakeholder is unsure of the amount that could be approved without escalation.
Where should the stakeholder look to determine the amount that can be approved?

A. Risk register
B. Project charter
C. Organizational process assets
D. Risk management plan

Answer: D

NEW QUESTION # 234
There are seven risk responses, a project manager can use to address risk events. Which one of the following is a risk response that is appropriate for positive or negative risk events depending on the scenario in the project?

A. Transference
B. Sharing
C. Acceptance
D. Avoidance

Answer: C

Explanation:
Explanation

NEW QUESTION # 235
You and your project team are just starting the risk identification activities for a project that is scheduled to last for 18 months. Your project team has already identified a long list of risks that need to be analyzed. How often should you and the project team do risk identification?

A. Identify risks is an iterative process
B. At least once per month
C. It depends on how many risks are initially identified.
D. Several times until the project moves into execution

Answer: A

NEW QUESTION # 236
Jenny is the project manager for the NBT projects. She is working with the project team and several subject matter experts to perform the quantitative risk analysis process. During this process she and the project team uncover several risks events that were not previously identified. What should Jenny do with these risk events?

A. The events should continue on with quantitative risk analysis.
B. The events should be entered into the risk register.
C. The events should be determined if they need to be accepted or responded to.
D. The events should be entered into qualitative risk analysis.

Answer: B

NEW QUESTION # 237
......

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