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PMI-RMP Trustworthy Practice, PMI-RMP Download Demo

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PMI PMI-RMP certification exam is a highly respected and globally recognized certification in the field of risk management. It is designed for individuals who have experience in project risk management and are interested in developing and enhancing their risk management skills. PMI-RMP exam covers a broad range of topics related to risk management, and individuals who successfully pass the exam will receive a certificate that is valid for three years.

PMI-RMP exam is targeted at professionals who have experience in risk management and project management. PMI-RMP Exam Tests a candidate's knowledge of risk management principles and practices, as well as their ability to apply risk management tools and techniques in project management scenarios. PMI-RMP exam covers topics such as risk identification, risk analysis, risk response planning, risk monitoring and control, and stakeholder engagement.

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It is acknowledged that there are numerous PMI-RMP learning questions for candidates for the exam, however, it is impossible for you to summarize all of the key points in so many materials by yourself. But since you have clicked into this website for PMI-RMP practice materials you need not to worry about that at all because our company is especially here for you to solve this problem. With our PMI-RMP Exam Questions, you will pass your exam just in one go for we are the most professional team in this career for over ten years.

PMI-RMP certification exam is based on the PMI Risk Management Framework, which encompasses the entire risk management process from risk identification to risk response. PMI-RMP Exam Tests the candidate's ability to identify, assess, and prioritize risks, as well as develop and implement risk response strategies. PMI Risk Management Professional certification also covers risk monitoring and control, which involves tracking and reporting on the effectiveness of risk response strategies.

PMI Risk Management Professional Sample Questions (Q93-Q98):

NEW QUESTION # 93
You are the project manager of the NNN project for your company. You and the project team are working together to plan the risk responses for the project. You feel that the team has successfully completed the risk response planning and now you must initiate what risk process it is. Which of the following risk processes is repeated after the plan risk responses to determine if the overall project risk has been satisfactorily decreased?

A. Risk response implementation
B. Risk identification
C. Quantitative risk analysis
D. Qualitative risk analysis

Answer: C

NEW QUESTION # 94
A stakeholder is asked to approve additional funding to implement a risk response plan. However, the stakeholder is unsure of the amount that could be approved without escalation.
Where should the stakeholder look to determine the amount that can be approved?

A. Organizational process assets
B. Project charter
C. Risk management plan
D. Risk register

Answer: C

NEW QUESTION # 95
You are the project manager of the GHG project for your company. You have identified the project risks, completed qualitative and quantitative analysis, and created risk responses. You also need to document how and when risk audits will be performed in the project. Where will you define the frequency of risk audits?

A. Risk response plan
B. Risk management plan
C. Quality management plan
D. Schedule management plan

Answer: B

NEW QUESTION # 96
Adrian is a project manager for a new project using a technology that has recently been released and there's relatively little information about the technology. Initial testing of the technology makes the use of it look promising, but there's still uncertainty as to the longevity and reliability of the technology. Adrian wants to consider the technology factors a risk for her project. Where should she document the risks associated with this technology so she can track the risk status and responses?

A. Risk low-level watch list
B. Project charter
C. Risk register
D. Project scope statement

Answer: C

NEW QUESTION # 97
Some issues and unexpected results were found after completing the first phase of a project. The project team is planning the next phase and team members want to avoid the previous issues.
What should the risk manager do to avoid the previous issues?

A. Create an issue log to share with the team.
B. Improve monitoring and controlling of activities.
C. Document the issues in the lessons learned.
D. Use the information for a risk workshop.

Answer: D

Explanation:
According to the PMI Risk Management Professional (PMI-RMP) Examination Content Outline1, one of the tasks in the domain of Risk Identification is to use the information from project documents, lessons learned, and other sources to facilitate the risk identification process1. A risk workshop is a tool and technique for risk identification that involves bringing together the project team, stakeholders, subject matter experts, and risk management experts to identify and analyze the project risks in a structured and collaborative manner2. In this scenario, the risk manager should use the information from the issues and unexpected results found in the first phase of the project for a risk workshop, to avoid the previous issues in the next phase. The risk workshop will help the risk manager and the project team to identify the root causes of the issues, assess their probability and impact, and develop appropriate risk responses. The risk workshop will also enable the risk manager to update the risk register and the risk report with the new information and communicate the risk status to the relevant stakeholders. The risk manager should not improve monitoring and controlling of activities, because that is not a specific action to avoid the previous issues, but rather a general practice that should be done throughout the project life cycle3. The risk manager should not document the issues in the lessons learned, because that is not enough to avoid the previous issues, but rather a way to capture and share the knowledge gained from the project for future reference4. The risk manager should not create an issue log to share with the team, because that is not a proactive risk management technique, but rather a reactive way to track and resolve the issues that have already occurred5. References: 1: PMI Risk Management Professional (PMI-RMP) Examination Content Outline, page 82: A Guide to the Project Management Body of Knowledge (PMBOK Guide) - Sixth Edition, page 4003: A Guide to the Project Management Body of Knowledge (PMBOK Guide) - Sixth Edition, page 4564: A Guide to the Project Management Body of Knowledge (PMBOK Guide) - Sixth Edition, page 1005: What Is an Issue Log? Templates & Tips6.

NEW QUESTION # 98
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