New PMI-RMP Dumps Free Exam Latest Release | Updated PMI-RMP: PMI Risk Management Professional
New PMI-RMP Dumps Free Exam Latest Release | Updated PMI-RMP: PMI Risk Management Professional
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PMI-RMP (PMI Risk Management Professional) Exam is a certification offered by the Project Management Institute (PMI) to professionals who want to demonstrate their expertise in risk management. PMI Risk Management Professional certification is designed for individuals who are responsible for identifying, assessing, and mitigating risks in various projects. The PMI-RMP Exam covers a wide range of topics related to risk management, including risk identification, risk analysis, risk response planning, and risk monitoring and control.
How to study the PMI-RMP Exam
There are two main types of resources for preparation of certification exams first there are the study guides and the books that are detailed and suitable for building knowledge from ground up then there are video tutorial and lectures that can somehow ease the pain of through study and are comparatively less boring for some candidates yet these demand time and concentration from the learner. Smart Candidates who want to build a solid foundation in all exam topics and related technologies usually combine video lectures with study guides to reap the benefits of both but there is one crucial preparation tool as often overlooked by most candidates the practice exams. Practice exams are built to make students comfortable with the real exam environment. Statistics have shown that most students fail not due to that preparation but due to exam anxiety the fear of the unknown. RealValidExam expert team recommends you to prepare some notes on these topics along with it don't forget to practice PMI PMI-RMP Exam Dumps which been written by our expert team, Both these will help you a lot to clear this exam with good marks.
PMI PMI-RMP Questions - Latest PMI-RMP Dumps [2025]
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PMI Risk Management Professional Sample Questions (Q217-Q222):
NEW QUESTION # 217
Tom works as a project manager for BlueWell Inc. He is determining which risks can affect the project.
Which of the following inputs of the identify risks process is useful in identifying risks, and provides a quantitative assessment of the likely cost to complete the scheduled activities?
- A. Activity cost estimates
- B. Risk management plan
- C. Cost management plan
- D. Activity duration estimates
Answer: A
NEW QUESTION # 218
A risk manager is facilitating a risk identification workshop on a new product with technical experts. There is no consensus among the technical experts on most of the identified risks and their characteristics. The risk manager decides to resolve this difference using another technique.
Which technique should the risk manager use in this situation?
- A. Delphi method
- B. Brainstorming
- C. Focus group
- D. Checklist analysis
Answer: A
Explanation:
Explanation
The risk manager should use the Delphi method in this situation, as this is a technique that can help resolve differences among experts and reach a consensus on the identified risks and their characteristics. The Delphi method is a tool used to make quick decisions with consensus. This technique consists of sending several sets of anonymous questions to each expert. This is followed by a group discussion after every round. The Delphi method can help the risk manager to solicit the opinions of all experts without revealing their identities. This way, the experts can express their views freely and honestly, without being influenced or intimidated by others. The Delphi method can also reduce personal bias, ego, or emotional conflict among the participants.
The risk manager can use the results of the Delphi method to create a list of potential risks and their causes, effects, and probabilities. The other options are not appropriate techniques for the risk manager to use in this situation. Brainstorming is a technique that can help generate ideas and identify risks, but it may not be effective in resolving differences among experts, as it involves open and spontaneous discussion. Focus group is a technique that can help collect requirements and opinions from stakeholders, but it may not be suitable for resolving technical disagreements among experts, as it involves a moderated and structured discussion.
Checklist analysis is a technique that can help identify risks based on historical information and lessons learned, but it may not be helpful in resolving differences among experts, as it involves a predefined list of potential risks. References: 3, 4, 5
NEW QUESTION # 219
Gary has identified a project risk that could injure project team members. He does not want to accept any risk where someone could become injured on this project so he hires a professional vendor to complete this portion of the project work. This workaround to the risk event is known as what type of risk response?
- A. Avoidance
- B. Transference
- C. Mitigation
- D. Acceptance
Answer: B
NEW QUESTION # 220
You are the project manager of the NHJ project for your company. This project has a budget at completion of $1,650,000 and you are 60 percent complete. According to the project plan, however, the project should be 65 percent complete. In this project you have spent $995,000 to reach this point of completion. There is a risk that this project may be late so you have taken some measures to recover the project schedule. Management would like to know, based on current performance, what the estimate at completion for this project will be. What is the estimate at completion?
- A. $1,666,667
- B. -$8,333
- C. $1,650,000
- D. $663,333
Answer: A
NEW QUESTION # 221
Mary is the project manager of the HGH Project for her company. She and her project team have agreed that if the vendor is late by more than ten days they will cancel the order and hire the NBG Company to fulfill the order. The NBG Company can guarantee orders within three days, but the costs of their products are significantly more expensive than the current vendor. What type of a response strategy is this?
- A. Expert judgment
- B. Contingent response strategy
- C. Internal risk management strategy
- D. External risk response
Answer: B
Explanation:
Explanation/Reference:
NEW QUESTION # 222
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