PMI-RMP Exam Preview, Dumps PMI-RMP Download
PMI-RMP Exam Preview, Dumps PMI-RMP Download
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Our desktop software PMI PMI-RMP practice exam software provides a simulated scenario in which you may pick the PMI PMI-RMP exam questions and schedule them to replicate an actual PMI exam-like situation. With each attempt of the PMI PMI-RMP Practice Exam in this manner, your score is saved.
How much PMI-RMP Exam Cost
The price of the PMI-RMP exam for members is $520 USD and for non-members is $670 USD.
Obtaining the PMI-RMP certification demonstrates an individual’s commitment to advancing their skills and knowledge in risk management. It also provides credibility and recognition within the industry, as the certification is globally recognized and respected by employers and peers. Additionally, individuals who obtain the certification may have access to higher paying job opportunities and increased job security.
PMI-RMP exam is a computer-based test consisting of 170 multiple-choice questions. PMI-RMP Exam Duration is three and a half hours, and the passing score is 61%. PMI-RMP exam is administered by Pearson VUE, a global leader in computer-based testing. PMI-RMP exam fee for PMI members is $520, and for non-members, it is $670. PMI members also have access to several study resources and exam preparation tools at a discounted rate.
PMI-RMP Exam Questions - PMI Risk Management Professional Exam Cram & PMI-RMP Test Guide
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PMI Risk Management Professional Sample Questions (Q221-Q226):
NEW QUESTION # 221
A risk manager schedules workshops for identifying risks about an initiative involving multiple business units, recruitments for different roles, procurements, technological uplift, training, and changes in the ways of working. Who should participate in the risk management activity?
- A. Core project team
- B. Internal stakeholders only
- C. Key business stakeholders
- D. Internal and external stakeholders
Answer: D
Explanation:
Including both internal and external stakeholders ensures diverse perspectives and comprehensive risk identification. PMBOK Guide states:
"Stakeholder participation, including both internal and external stakeholders, is essential during risk identification to ensure a broad and complete identification of risks."
- PMBOK Guide, 6th Edition, Section 11.2
References:
PMBOK Guide, 6th Edition, Section 11.2
NEW QUESTION # 222
A project's design has been completed and approved on time. The construction subcontractor should be mobilizing to start construction but does not have the necessary materials in place, causing a delaying in the project. The risk register only contains risks for the design phase of the project.
What should the project manager have done differently?
- A. Reviewed the assumptions/exclusions register in the project charter
- B. Added generic construction risks to the risk register before construction began
- C. Executed the Monte Carlo sensitivity analysis prior to mobilization
- D. Performed risk identification exercises for the full lifecycle of the project
Answer: D
Explanation:
The project manager should have performed risk identification exercises for the full lifecycle of the project, including the construction phase, to ensure that all potential risks were identified and addressed in the risk register.
Risk identification is the process of determining the risks that may affect the project and documenting their characteristics. Risk identification should be performed throughout the project lifecycle, as new risks may emerge or change over time. Risk identification should also consider all aspects of the project, such as scope, schedule, cost, quality, resources, stakeholders, and procurement. By performing risk identification exercises for the full lifecycle of the project, the project manager could have identified and planned for the potential risks associated with the construction phase, such as delays, material shortages, quality issues, or safety hazards. This would have helped to prevent or mitigate the impact of the risk event that occurred, and to ensure that the risk register is updated and comprehensive. Performing a Monte Carlo sensitivity analysis, adding generic construction risks, or reviewing the assumptions/exclusions register are not sufficient or effective ways of identifying the specific risks that may affect the project during the construction phase. These are either tools for risk analysis, risk response planning, or project initiation, but not risk identification. References: PMI-RMP Certification Handbook1, page 9; PMBOK Guide, pages 397-398.
NEW QUESTION # 223
You are working with the project stakeholders to analyze and prioritize their requirements for the project.
One of the project requirements is to achieve a high-level of customer satisfaction for the project deliverable. What is the danger in this project requirement?
- A. Achieving customer satisfaction is a subjective requirement and entails a high level of risk of being successfully accomplished.
- B. Achieving customer satisfaction is an assumption and should be documented in the project scope.
- C. Achieving customer satisfaction is a risk as the project manager cannot control how satisfied the customer will be with the project deliverables.
- D. Achieving customer satisfaction should always map to the quality requirements for the project.
Answer: A
NEW QUESTION # 224
A project manager is working on a high priority and high profile project. The project team had identified three opportunities, and after analysis, risk responses were recorded. Although risk responses were adequate for the identified opportunities, two of those opportunities were not acted upon. During the risk audit, the project manager found out that several of the planned risk responses were not implemented.
What should the project manager have done to avoid this?
- A. Increased communications to influence stakeholder risk responses
- B. Provided regular training to the risk owners for plan implementation
- C. Updated the project schedule, adding risk owner implementation tasks.
- D. Determined risk triggers and thresholds in the risk response plan
Answer: C
Explanation:
Explanation
The project manager should have updated the project schedule by adding risk owner implementation tasks.
This would have ensured that the planned risk responses were implemented in a timely manner and tracked as part of the project schedule. This would also have allowed the project manager to monitor the progress of risk response implementation and take corrective action if necessary.
NEW QUESTION # 225
A project is In the initiation phase. The project stakeholders are Invited to a meeting to share their thoughts that may impact the project In a positive or negative way.
What will be the main output of this meeting?
- A. Performing a qualitative analysis
- B. Evaluating the project's impact
- C. Identifying threats and opportunities
- D. Evaluating the project's probability of success
Answer: C
Explanation:
Explanation
The main output of the stakeholder meeting in the initiation phase is to identify threats and opportunities that may impact the project in a positive or negative way. This information will be used to develop the risk management plan.
The meeting that the project stakeholders are invited to in the initiation phase is part of the Identify Risks process. The purpose of this process is to identify the risks that may affect the project objectives in a positive or negative way, and to document their characteristics. The main output of this process is the risk register, which is a document that contains the list of identified risks, their causes, potential responses, and other relevant information. The risk register is an essential input for the subsequent risk management processes, such as Perform Qualitative Risk Analysis, Perform Quantitative Risk Analysis, Plan Risk Responses, and Monitor Risks. Therefore, the correct answer is B. Identifying threats and opportunities. References: PMI, The Standard for Risk Management in Portfolios, Programs, and Projects, 2019, p. 79-80, 86-87.
NEW QUESTION # 226
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