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Free PDF Quiz 2025 PMI-RMP: High Hit-Rate Exam PMI Risk Management Professional Simulator

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PMI PMI-RMP (Project Management Institute Risk Management Professional) exam is a certification test that is designed for professionals who are involved in risk management activities in their organizations. PMI Risk Management Professional certification is globally recognized and is highly valued by employers as it demonstrates their employee's proficiency in risk management.

PMI-RMP exam consists of 170 multiple-choice questions that test the candidate's knowledge in five domains of risk management. These domains include risk strategy and planning, stakeholder engagement, risk process facilitation, risk monitoring and reporting, and performing specialized risk analysis. PMI-RMP Exam is four hours long and requires a passing score of 61% or more. The PMI-RMP certification is an excellent career advancement opportunity for risk management professionals seeking to improve their skills and build their credentials. It is also a valuable asset for organizations looking to mitigate project risks and improve project outcomes.

PMI Risk Management Professional Sample Questions (Q100-Q105):

NEW QUESTION # 100
You are the project manager for your organization. You are working with your key stakeholders in the qualitative risk analysis process. You understand that there is certain bias towards the risk events in the project that you need to address, manage, and ideally reduce. What solution does the PMBOK recommend to reduce the influence of bias during qualitative risk analysis?

A. Isolate the stakeholders by project phases to determine their risk bias
B. Involve all stakeholders to vote on the probability and impact of the risk events
C. Provide iterations of risk analysis for true reflection of a risk probability and impact
D. Establish the definitions of the levels of probability and impact

Answer: D

NEW QUESTION # 101
You are the project manager for a construction project. The project involves casting of a column in a very narrow space. Because of lack of space, casting it is highly dangerous. High technical skill will be required for casting that column. You decide to hire a local expert team for casting that column. Which of the following types of risk response are you following?

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

Answer: C

NEW QUESTION # 102
John is the project manager of the NHQ Project for his company. His project has 75 stakeholders, some of which are external to the organization. John needs to make certain that he communicates about risk in the most appropriate method for the external stakeholders. Which project management plan will be the best guide for John to communicate to the external stakeholders?

A. Communications Management Plan
B. Risk Response Plan
C. Project Management Plan
D. Risk Management Plan

Answer: A

NEW QUESTION # 103
Multiple new risks have come up on a project that were not included on the risk register. The project manager met with the team to explain that risk management is critical for the success of the project, and risk identification is key.
What should the project manager do next?

A. Develop the risk response plans for identified risks.
B. Determine the likelihood and impact of the risks.
C. Review assumptions and constraints around risks.
D. Apply an iterative approach to risk identification.

Answer: D

Explanation:
The project manager should apply an iterative approach to risk identification, which involves continuous risk identification throughout the project lifecycle. This will help to identify andaddress new risks that may arise during the project.
According to the PMBOK® Guide, risk identification is the process of determining which risks may affect the project and documenting their characteristics. It is an iterative process because new risks may evolve or become known only as the project progresses through its life cycle. There are many techniques available for risk identification and assessment, such as brainstorming, interviews, checklists, SWOT analysis, cause and effect diagrams, etc. The project manager should apply an iterative approach to risk identification to ensure that all relevant risks are captured and updated throughout the project. The project manager should also involve the project team and other stakeholders in the risk identification process to obtain their input and perspectives.
The other options are not valid for the next step after explaining the importance of risk management to the team:
* Review assumptions and constraints around risks: This is a technique for risk identification, but it is not the only one. The project manager should use a combination of techniques to identify risks, not just focus on one aspect. Also, reviewing assumptions and constraints is not the same as applying an iterative approach, which implies repeating the risk identification process at regular intervals or when changes occur.
* Develop the risk response plans for identified risks: This is a step in the Plan Risk Responses process, which comes after the Perform Qualitative Risk Analysis and Perform Quantitative Risk Analysis processes. The project manager should not develop the risk response plans before identifying and analyzing the risks.
* Determine the likelihood and impact of the risks: This is a step in the Perform Qualitative Risk Analysis process, which comes after the Identify Risks process. The project manager should not determine the likelihood and impact of the risks before identifying them.
References: PMBOK® Guide1, Risk Management Professional (PMI-RMP)® Cert Guide

NEW QUESTION # 104
During a project progress meeting, a project team member is concerned that one of the risks has triggered several other low-level risks. These risks should be responded to quickly or there will be severe consequences for the project deliverables.
What should the risk manager do?

A. Address only the high-priority risk.
B. Perform a risk urgency assessment.
C. Initiate a risk response when these risks occur.
D. Update the watchlist.

Answer: B

NEW QUESTION # 105
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