PMI-RMP PASS-SURE MATERIALS - PMI-RMP QUIZ BOOTCAMP & PMI-RMP TEST QUIZ

PMI-RMP Pass-Sure Materials - PMI-RMP Quiz Bootcamp & PMI-RMP Test Quiz

PMI-RMP Pass-Sure Materials - PMI-RMP Quiz Bootcamp & PMI-RMP Test Quiz

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PMI-RMP certification exam focuses on several key areas, including risk management planning, risk identification, risk analysis, risk response planning, and risk monitoring and control. PMI-RMP Exam is designed to test the candidate's knowledge and proficiency in each of these areas, as well as their ability to apply risk management principles in real-world scenarios. By earning the PMI-RMP certification, professionals can showcase their expertise in risk management and enhance their career prospects in project management.

PMI PMI-RMP, or Project Management Institute Risk Management Professional, is a certification exam that is designed to test the proficiency and knowledge of individuals in the field of risk management. PMI Risk Management Professional certification is globally recognized and is highly respected in the industry. It is an ideal certification for professionals who are interested in developing and enhancing their risk management skills.

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This PMI Risk Management Professional (PMI-RMP) practice exam software is easily accessible on all Windows laptops and computers. You do not require an active internet connection after installation of the PMI Risk Management Professional (PMI-RMP) practice exam software. Repetitive attempts of PMI Risk Management Professional (PMI-RMP) exam dumps boosts confidence and provide familiarity with the PMI-RMP actual exam format.

PMI-RMP exam is a computer-based test that consists of 170 multiple-choice questions. Candidates have four hours to complete the exam. PMI-RMP exam is administered by Pearson VUE, a leading provider of computer-based testing services. The PMI-RMP Certification is valid for three years, after which candidates are required to renew their certification by earning 30 Professional Development Units (PDUs) in risk management-related activities.

PMI Risk Management Professional Sample Questions (Q75-Q80):

NEW QUESTION # 75
A supplier Is delayed in delivering fuel for a project. The project manager anticipated this risk and is requesting fuel from another supplier. When speaking with the other supplier, a new risk appears because fulfilling the order will cause delays with several other projects.
After performing a detailed analysis, what should the risk manager do?

  • A. Execute the approved risk response plan.
  • B. Negotiate with the supplier to resolve the problem.
  • C. Escalate the problem to the project sponsors.
  • D. Assign a team member to update the issue leg.

Answer: A

Explanation:
Explanation
The risk manager should execute the approved risk response plan, which should have been developed during the risk management process. This plan outlines the actions to be taken in response to specific risks and ensures that the project team is prepared to address potential issues.


NEW QUESTION # 76
Risks with low ratings of probability and impact are included on a ____ for future monitoring.

  • A. Observation list
  • B. Risk alarm
  • C. Watchlist
  • D. Risk register

Answer: C


NEW QUESTION # 77
Executing the risk response plan in order to react to risk events throughout the project is called:

  • A. Mitigation.
  • B. Contingency planning.
  • C. Monitoring and control.
  • D. Life cycle costing.

Answer: C


NEW QUESTION # 78
The project team is updating the risk register with the minimum acceptable level of exposure and impact for each risk. The team also wants to determine if they have reached the maximum level of exposure before they escalate the risk.
What should the team perform in this scenario?

  • A. Risk response planning
  • B. Monitor and control risks
  • C. Quantitative risk analysis
  • D. Risk urgency assessment

Answer: C

Explanation:
Explanation
Quantitative risk analysis helps determine the minimum acceptable level of exposure and impact for each risk.
It also helps to understand if the maximum level of exposure has been reached before escalating the risk.
(Reference: PMBOK Guide, 6th Edition, p. 423)
The team should perform quantitative risk analysis, which is the process of numerically analyzing the effect of identified risks on overall project objectives. Quantitative risk analysis can help the team to establish the minimum acceptable level of exposure and impact for each risk, as well as the maximum level of exposure before escalation. Quantitative risk analysis can also provide probabilistic estimates of project outcomes, such as cost and schedule, and support risk prioritization and decision making. References: PMI, A Guide to the Project Management Body of Knowledge (PMBOK Guide), Sixth Edition, 2017, p. 399; PMI, The Standard for Risk Management in Portfolios, Programs, and Projects, 2019, p. 69.


NEW QUESTION # 79
A project manager is creating a risk management plan, but participants in a group meeting are hesitant to express their concerns. What will encourage participants to offer their opinions?

  • A. Brainstorming
  • B. Nominal group technique
  • C. Monte Carlo simulation
  • D. Interviews

Answer: B


NEW QUESTION # 80
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