Reliable PMI-RMP Exam Answers & PMI-RMP Testking Exam Questions

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2. In case you have a four-year degree such as a bachelor's degree, you need to have:

worked as a project manager for 24 months in the past 5 years;
undergone project risk management education for at least 30 hours.

This PMI-RMP exam is open to everyone who meets the aforementioned requirements and when it comes to the test details, it contains multiple-choice questions about risk identification, strategies, analysis, mitigation procedures, and best practices. In all, you will have 3 hours and 30 minutes to choose the correct answers to 170 items. What concerns the exam entry fee, the prices for PMI members and non-members differ. Thus, members of the PMI pay $520 for the official test while non-members pay $670. So, if you want to save another $150 on your PMI-RMP certification, you can become a PMI member by registering on their website. To add more, the PMI-RMP exam will be held in any of the Pearson VUE-approved centers in your area. Overall, there are several such testing centers around the world so all you need to do is to find one near your location. Finally, eligible candidates are allowed to take the PMI-RMP exam a maximum of 3 times within one year of eligibility.

Risk Process Facilitation (25-28%)

Utilizing different techniques to facilitate risk identification for enabling the stakeholders and project team to determine & understand the risk display of the project;
Applying the risk assessment tools and processes to determine risk levels and measure stakeholder risk tolerances;
Utilizing the quantitative and qualitative techniques & tools to facilitate the evaluation of the project team’s of the recognized risks’ attributes for prioritizing the risks for response planning;
Facilitating the creation of project emergency reserve according to the risk display of the project to have the resources and capability for responding to the realized risks;
Facilitating the expansion of the related risk actions and aligned risk response strategy by risk owners from the data found during the risk analysis to ensure defined & timely action when needed;

The Project Management Institute (PMI) is a globally recognized organization that offers various certifications to professionals in the project management domain. One of the most sought-after certifications from PMI is the PMI-RMP (PMI Risk Management Professional) certification. PMI Risk Management Professional certification is specifically designed for professionals who want to specialize in risk management practices and techniques.

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

NEW QUESTION # 206
You are the project manager of the NGQQ Project for your company. To help you communicate project status to your stakeholders, you are going to create a stakeholder register. All of the following information should be included in the stakeholder register except for which one?

A. Assessment information of the stakeholders' major requirements, expectations, and potential influence
B. Identification information for each stakeholder
C. Stakeholder classification of their role in the project
D. Stakeholder management strategy

Answer: D

NEW QUESTION # 207
A well established project begins to experience cost overruns and falls behind schedule. The project risk register identifies many risks and risk response plans in place, yet many risks are transitioning into issues. As the risks occur and become issues, many of the response plans are in progress, but not complete. The data from this graph represents the status of the project risks.

Based on this information, what improvement to the risk management process is required?

A. Improve the risk analysis to better define root causes.
B. Review remaining risk response plans and invest in schedule quality improvements.
C. Increase the project risk identification and analysis.
D. Transition to an issue management program and close the remaining open risks.

Answer: A

NEW QUESTION # 208
Mark works as a project manager of the NNH project. In this project, he has created a contingency response that the cost performance index should be less than 0.91. The NHH project has a budget at completion of $950,000 and is 43 percent complete - though the project should be 50 percent complete. The project has spent $470,897 to reach the 43 percent complete milestone. What is the project's cost performance index?

A. 0.80
B. 0.87
C. 0.91
D. 0.95

Answer: B

NEW QUESTION # 209
During a meeting to develop the risk management plan, the risk manager recognizes that risks may be identified that could also impact other projects that the company is pursuing. What should the risk manager do?

A. Include an escalation process in the risk management plan
B. Contact the risk managers of the other projects and inform them
C. Take note of the extensive impact of these risks in the risk register
D. Address the unique characteristics of these risks on a case-by-case basis

Answer: A

Explanation:
The risk manager should include an escalation process in the risk management plan to address risks that may impact other projects. This ensures that any identified risks that could affect multiple projects are communicated and managed appropriately across the organization.
The risk manager should include an escalation process in the risk management plan to deal with risks that may affect other projects or the organization as a whole. An escalation process is a set of procedures that defines how and when risks should be communicated to higher levels of authority or responsibility for decision making or resolution. The escalation process should specify the criteria, roles, responsibilities, and communication channels for escalating risks. The risk manager should follow the escalation process when identifying risks that may have extensive impacts beyond the scope of the project. The other options are not appropriate actions for the risk manager to take. Contacting the risk managers of the other projects and informing them is not sufficient, as it does not ensure that the risks are properly addressed or resolved. Taking note of the extensive impact of these risks in the risk register is not enough, as it does not involve the necessary stakeholders or decision makers. Addressing the unique characteristics of these risks on a case-by-case basis is not consistent, as it does not follow a standard process or protocol. Reference: 2, 3, 4

NEW QUESTION # 210
The risk register is developed during the initial phases of a virtualized desktop deployment. The register is reviewed by peers, responses are planned, reviewed again, and risks are prioritized.
After project completion, the risk register is reviewed as part of the formal lessons learned process. During the review, itis realized that the risk register was not updated, and many responses were not executed during the deployment.
Which of the following options should have been performed during the execution of the project?

A. Risk monitoring and control process
B. Risk identification
C. Risk management process
D. Response planning

Answer: A

NEW QUESTION # 211
......

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Reliable PMI-RMP Exam Answers & PMI-RMP Testking Exam Questions

2. In case you have a four-year degree such as a bachelor's degree, you need to have:

Risk Process Facilitation (25-28%)

PMI-RMP Testking Exam Questions & Test PMI-RMP Free

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

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