USE PMI PMI-RMP QUESTIONS - BEST STRATEGY TO BEAT THE EXAM STRESS

Use PMI PMI-RMP Questions - Best Strategy To Beat The Exam Stress

Use PMI PMI-RMP Questions - Best Strategy To Beat The Exam Stress

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PMI-RMP Certification Exam is a rigorous test consisting of 170 multiple-choice questions that must be completed within 3.5 hours. PMI-RMP exam covers five domains of risk management, including risk strategy and planning, stakeholder engagement, risk process facilitation, risk monitoring and reporting, and performing specialized risk analysis. Candidates who successfully pass the exam can earn the PMI-RMP Certification, which is valid for three years and requires ongoing professional development to maintain.

PMI Risk Management Professional Sample Questions (Q206-Q211):

NEW QUESTION # 206
The project manager generates a monthly risk report for key stakeholders which documents high and medium risk items only. Where would the project manager find the list of recipients for the report?

  • A. Communications management plan
  • B. Project charter
  • C. Risk register
  • D. Risk management plan

Answer: A


NEW QUESTION # 207
After completing the risk register, many team members feel there is a lack of time prioritization for one of the identified risks What are the team members referring to?

  • A. Risk trigger
  • B. Risk time impact
  • C. Risk urgency
  • D. Risk escalation

Answer: C

Explanation:
Risk urgency refers to the timeframe within which a risk might occur and necessitates prioritization based on how soon a response is required. When team members express concerns about a lack of time prioritization for an identified risk, they are highlighting the need to assess and address the risk's urgency. Evaluating risk urgency involves determining the proximity of the risk event and ensuring that timely actions are planned to mitigate or respond to the risk appropriately. Incorporating urgency assessments into the risk management process helps in allocating resources and attention to risks that require immediate action, thereby enhancing the project's resilience against potential threats.
PMI Risk Management Study Guide References:
The PMI-RMP Exam Preparation Study Guide discusses the concept of risk urgency, noting that
"understanding the timing of potential risk events is crucial for effective prioritization and response planning."


NEW QUESTION # 208
Examine the figure given below. What will be the expected monetary value of Risk C?

  • A. -$113,750
  • B. -$175,000
  • C. -$27,000
  • D. $175,000 if the risk event actually happens

Answer: C


NEW QUESTION # 209
A risk manager on an infrastructure project gathers and analyzes performance data. The risk manager wants to identify which variables will impact the schedule and determine how these factors interact.
Which data analysis tool should the risk manager use to forecast future performance?

  • A. Sensitivity analysis
  • B. What-if scenario analysis
  • C. Regression analysis
  • D. Decision tree analysis

Answer: C

Explanation:
Explanation
Regression analysis is a data analysis tool that helps identify variables that impact the schedule and determine how these factors interact. It is used to forecast future performance based on historical data and the relationship between variables. (Reference: PMBOK Guide, 6th Edition, p. 248)


NEW QUESTION # 210
Mark works as a project manager for TechSoft Inc. Mark, the project team, and the key project stakeholders have completed a round of qualitative risk analysis. He needs to update the risk register with his findings so that he can communicate the risk results to the project stakeholders - including management. Mark will need to update all of the following information except for which one?

  • A. Trends in qualitative risk analysis
  • B. Prioritized list of quantified risks
  • C. Watchlist of low-priority risks
  • D. Risks grouped by categories

Answer: B


NEW QUESTION # 211
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