The PMI-RMP exam is a challenging test that requires a thorough understanding of risk management concepts and techniques. To successfully pass the exam, it is essential to prepare with the latest PMI Risk Management Professional (PMI-RMP) Exam Dumps. Passcert PMI Risk Management Professional (PMI-RMP) Exam Dumps are designed by certified experts and updated regularly to reflect changes in the exam content. The Passcert PMI Risk Management Professional (PMI-RMP) Exam Dumps cover all the exam domains and provide candidates with an opportunity to test their knowledge and skills. It will build confidence before taking the actual exam.

The PMI-RMP exam is evolving to meet today's demands of the profession, organizations and you. To earn your PMI Risk Management Professional (PMI-RMP) credential, you need to meet the experience and education requirements, and pass the PMI-RMP examination, a 115-question, multiple-choice exam.

The new PMI-RMP exam will cover updated terminology and processes, as well as enterprise-level risks the candidate needs to be knowledgeable about to be successful in project risk management. While the exam will have the same number of questions and will be approximately the same length, it will have new multiple select questions. Predictive, agile, and hybrid approaches will be found throughout the tested domains. The certification exam has 115 multiple-choice questions. And you have 2.5 hours to complete it. To maintain your PMI-RMP, you must earn 30 professional development units in risk management topics every three years.

Risk Strategy and Planning 22%

Risk Identification 23%

Risk Analysis 23%

Risk Response 13%

Monitor and Close Risks 19%

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1. The project manager and the risk manager of a new project to develop an application to support autonomous driving are meeting with the sponsor and key stakeholders to discuss the project. During the meeting, it is identified that the transport authority is discussing new traffic regulations for the industry that could be in place before the project ends.

How should the project manager and the risk manager handle this situation?

A.Ensure the project complies with the current traffic regulations and laws.

B.Send a letter to the traffic authority with the general project information.

C.Perform inquiries on the website of the traffic authority weekly.

D.Meet with the traffic authority staff in charge of the new regulation.

Answer: D

2. A risk manager notices that a risk owner is facing challenges implementing their response strategy and the costs are significantly exceeding expectations. What is the first thing the risk manager should do?

A.Highlight this situation to the project manager

B.Conduct a cost-benefit analysis

C.Change the risk response strategy

D.Analyze the situation and meet with the risk owner

Answer: D

3. A risk manager documents the causes in the risk register and needs to ensure the risk is adequately described. What is critical for the risk manager to consider when describing the causes?

A.Each cause has a degree of uncertainty

B.Each cause has well defined owner

C.The causes represent actual conditions

D.The causes must be validated by the risk owner

Answer: C

4. A company in the mining industry accommodates a lot of innovation and changing work conditions. Because of this, the company experiences difficulty in predicting long term business plans.

How should a professional risk manager manage the risks in such situations?

A.Adopt a predictive approach to manage the risks.

B.Adopt agile approaches to manage the risks.

C.Utilize proper documentation to help manage the risks.

D.Conduct weekly risk management meetings with all stakeholders.

Answer: B

5. A new risk manager is assigned to an ongoing project, what should the new risk manager dofirst to assess the project environment?

A.Review potential next steps with the project team.

B.Review the scope of work to determine the prescribed project methodology.

C.Review the policies and practices that are outlined in the risk management plan.

D.Review the contract and determine the resources and project funding.

Answer: C

6. A project manager has finished the project charter for a project and has now moved into the planning phase. In the first planning meeting, the project manager is trying to determine the risk tolerance and risk attitudes of the project's key stakeholders.

What is the first resource the project manager should reference?

A.Benefits management plan

B.Enterprise environmental factors (EEFs)

C.Project charter

D.Requirements management plan

Answer: B

7. The project risk manager on a large firm fixed priced (FFP) contract has an up-to-date risk register with accurate and detailed information. What should the project risk manager do next?

A.Recommend the removal of risks to the project manager to reduce project risk exposure.

B.Advise the client that the project has exhausted contingency.

C.Quantify the risk exposure that exceeds project contingency.

D.Generate reports to assess and communicate the project risk level.

Answer: D

8. A project manager was informed that the testing of the latest component in the project's software update release was not successful. As a result, 1he delivery timelines for the software release wifi be delayed, The project manager did not previously capture this as a risk to the project.

What should the project manager do next to avoid similar risks?

A.Add contingencies to other tasks to mitigate similar risks.

B.Reassess risks with a new assumptions and constraints analysis.

C.Review the risk response plan looking for lessons learned.

D.Log the event in the issue log and update the project management plan.

Answer: B

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