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PMI PMI-RMP Exam Syllabus Topics:

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

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PMI Risk Management Professional Sample Questions (Q45-Q50):

NEW QUESTION # 45
SIMULATION
Fill in the blank with an appropriate phrase. The _________ is the risk or danger of an action or an event, a method or a (technical) process that still conceives these dangers even if all theoretically possible safety measures would be applied

Answer:

Explanation:
residual risk

NEW QUESTION # 46
Don has hired Jerry, a contractor, to complete a portion of his project work. The contract used was a cost- plus contract. If Don were to perform a risk audit, who would carry the risk in this scenario?

A. Jerry would because of the contract type.
B. Jerry would because he is the hired contractor.
C. Don would because of the contract type.
D. Don would because he is the project manager.

Answer: C

NEW QUESTION # 47
You are the project manager of the BJA Project for your company. Management is worried about one of the identified risks in your project. The risk event has a probability of 90 percent and a cost impact of $85,000. Management and you discuss possible solutions to address the risk. You share
with them that for $75,000 you can reduce the probability of the risk event to 15 percent and the impact to $25,000. This solution will add three weeks to the project schedule. Management thinks this is a good idea and they would like you to add the time and cost additions to your project plan. What type of risk response is used?

A. Exploit
B. Mitigation
C. Avoidance
D. Acceptance

Answer: B

NEW QUESTION # 48
A new risk manager has been hired on a project and meets with the project director. The project director supplies the project's risk register and asks the risk manager for an analysis of its effectiveness.
What two actions should the risk manager do next? (Choose two.)

A. Check to ensure that the risks are gathered using Delphi technique.
B. Check for risk classification and that probability and impact are identified.
C. Check to ensure that the risk is supported by a Monte Carlo simulation.
D. Check to ensure that risk origin, triggering event, and ownership is identified.
E. Check to ensure the risk meeting agenda and supporting documents are distributed.

Answer: B,D

NEW QUESTION # 49
You and your project team have identified the project risks and now are analyzing the probability and impact of the risks. What type of analysis of the risks provides a quick and high-level review of each identified risk event?

A. Quantitative risk analysis
B. A risk probability-impact matrix
C. Seven risk responses
D. Qualitative risk analysis

Answer: D

NEW QUESTION # 50
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