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PMI PMI-RMP Exam Syllabus Topics:

Section	Weight	Objectives
Risk Strategy and Planning	19-20%	- Integrate risk management into project lifecycle - Plan risk management activities - Define risk thresholds and metrics - Establish risk management policies and procedures - Develop risk management strategy
Risk Monitoring and Reporting	19-20%	- Evaluate risk response execution - Review risk audit results - Report risk management performance - Monitor identified and emerging risks - Capture lessons learned regarding risks - Update risk register and documentation - Track risk metrics and triggers
Stakeholder Engagement	19-20%	- Manage stakeholder expectations regarding risks - Promote risk awareness and understanding - Negotiate risk ownership and accountability - Communicate risk information effectively - Facilitate risk workshops and meetings - Involve stakeholders in risk management process - Collaborate with cross-functional teams - Build consensus on risk response strategies - Identify stakeholders and their risk tolerance
Perform Specialized Risk Analyses	14-16%	- Analyze complex risk scenarios and dependencies - Conduct specialized risk assessments (e.g., regulatory, compliance) - Perform advanced quantitative analysis (e.g., Monte Carlo, decision trees)
Risk Process Facilitation	25-28%	- Perform qualitative risk analysis - Plan risk responses - Evaluate risk response effectiveness - Identify risks using various techniques - Manage contingency reserves - Implement risk responses - Perform quantitative risk analysis

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PMI Risk Management Professional Sample Questions (Q65-Q70):

NEW QUESTION # 65
Joyce is the project manager for her company. Joyce and her project team are working through the quantitative analysis for certain risk events within her project. According to the enterprise environmental factors the project manager is to perform sensitivity analysis on any risk with an impact greater than $5,000 in the project. What is the sensitivity analysis?

A. It determines which risk events have the most potential impact on the project.
B. It uses rounds of anonymous surveys to predict probability and impact.
C. It uses round of anonymous surveys to predict which events are most likely to happen.
D. It determines possible combinations of risk events to predict overall project success, failure, or probability of achieving project objectives.

Answer: A

NEW QUESTION # 66
An IT project is 40% complete. During the initial analysis, risks A and B were identified for the project. Risk A has a probability of 0.6 and an impact of US$50.000. Risk B has a probability of 0.7 and an impact of USS60.000. After implementing the planned risk response for risk B. the probability of risk B has been reduced is 0.3.
What is the current project risk exposure?

A. US$18,000
B. US$30,000
C. US$48,000
D. US$72.000

Answer: D

Explanation:
Explanation
The current project risk exposure can be calculated as follows: Risk A: 0.6 (probability) x US$50,000 (impact)
= US$30,000 Risk B (after response): 0.3 (probability) x US$60,000 (impact) = US$18,000 Total risk exposure: US$30,000 (Risk A) + US$18,000 (Risk B) = US$72,000

NEW QUESTION # 67
Thomas is the project manager of the NHJ Project for his company. He has identified several positive risk events within his project and he thinks these events can save the project time and money. Positive risk events, such as these within the NHJ Project are also known as what?

A. Ancillary constituent components
B. Benefits
C. Opportunities
D. Contingency risks

Answer: C

NEW QUESTION # 68
Project stakeholders can often be risk averse with little to no knowledge of the risk process. How should a risk manager increase stakeholder risk appetite?

A. Increase the impact of all risks in the risk breakdown structure (RBS)
B. Develop a generous probabilistic cash flow model
C. Exclude risk averse stakeholders from future risk discussions
D. Explain risk handling and mitigation strategies

Answer: D

Explanation:
The risk manager should increase stakeholder risk appetite by explaining risk handling and mitigation strategies, which will help stakeholders understand how risks can be managed and reduced, making them more comfortable with the risk process.
The best way to increase stakeholder risk appetite is to explain risk handling and mitigation strategies, which are the actions taken to reduce the probability and/or impact of risks, or to enhance the opportunities. By doing so, the risk manager can help the stakeholders understand how the risks can be managed effectively and efficiently, and how the potential benefits can outweigh the potential costs. This can also increase the stakeholder confidence and trust in the risk process and the project outcomes. The other options are not appropriate ways to increase stakeholder risk appetite. Excluding risk averse stakeholders from future risk discussions can alienate them and create conflicts. Increasing the impact of all risks in the risk breakdown structure (RBS) can exaggerate the risk exposure and create unnecessary fear and anxiety. Developing a generous probabilistic cash flow model can create unrealistic expectations and lead to poor decision making. Reference: PMI Risk Management Professional (PMI-RMP) Examination Content Outline and Specifications, page 81. A Guide to the Project Management Body of Knowledge (PMBOKGuide) - Sixth Edition, pages 403-4042.

NEW QUESTION # 69
You work as a project manager for BlueWell Inc. There has been a delay in your project work that is adversely affecting the project schedule. You decided, with your stakeholders' approval, to fast track the project work to get the project done faster. When you fast track the project which of the following are likely to increase?

A. Risks
B. Costs
C. Quality control concerns
D. Human resource needs

Answer: A

NEW QUESTION # 70
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