Exam PMI-RMP Fee | PMI-RMP Exam Score

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PMI-RMP certification exam is a rigorous test of an individual's knowledge and skills in project risk management. It is designed to ensure that certified professionals have the necessary competencies to identify and manage risks effectively. PMI Risk Management Professional certification is recognized globally and is highly valued by employers in various industries.

PMI-RMP certification is ideal for professionals who work in industries that require a high level of risk management, such as construction, healthcare, finance, and information technology. PMI Risk Management Professional certification is also suitable for project managers and risk management professionals who want to enhance their skills and increase their career opportunities. By obtaining the PMI-RMP Certification, professionals can demonstrate their expertise in risk management and gain a competitive edge in the job market.

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Stakeholder Engagement (19-20%)

Training, coaching, and educating the stakeholders in risk processes and principles to create a common understanding of processes & principles, as well as foster involvement in risk management;
Providing the risk-related advice to the stakeholders concerning risk planning and strategy, risk reporting, risk process facilitation, and functional risk tasks utilizing useful communication techniques for supporting effective risk-based decision making;
Promoting risk ownership by proactively communicating responsibilities and roles as well as involving project team members in the expansion of risk responses for improving the risk response execution;
Utilizing the tools and processes such as analyzing historical stakeholder behaviors and interviewing stakeholders to assess stakeholder risk tolerance for identifying the project risk thresholds;
Utilizing useful communication methods and sharing information on project risk performance to liaise with the stakeholders of other projects to notify them about suggestions for their projects.

PMI Risk Management Professional Sample Questions (Q227-Q232):

NEW QUESTION # 227
Consider a project with a budget at completion of $1,345,000 and it is supposed to be completed by today, but it is only 80 percent complete. This project has spent $1,250,000 to reach this point of completion. What is the schedule variance for this project?

A. -$269,000
B. -$174,000
C. -$217,500
D. 20 percent

Answer: B

NEW QUESTION # 228
Which of the following is NOT an objective of a risk audit?

A. Ensuring that each risk identified and deemed critical has a computed expected value
B. Confirming that the project is well managed and that the risks are being controlled
C. Confirming that risk management has been practiced throughout the project life cycle
D. Evaluating the effectiveness of risk responses in dealing with identified risks

Answer: A

Explanation:
It is not feasible or necessary to quantify every risk. Therefore, a risk audit should never have as an objective to ensure that each project risk has a computed expected value. [Monitoring and Controlling] PMI®, PMBOK® Guide, 2013, 351

NEW QUESTION # 229
A regional vendor for custom manufactured steel oil derricks is awarded a contract to design, manufacture, and install 40 offshore oil platforms. Installation of these derricks requires precision placement and stable seas for the transport and installation ships to properly install the deep water structure. It takes 65 days to transport the deep water structures for each platform from the manufacturing facility to the installation site at a cost of US$155,000 per day. The monsoon season runs from May to September each year and is a known risk for placement of the oil platforms. There is an incentive clause in the contract that will provide a USS1,500,000 payment, if all 40 platforms are in place and ready for use by 5 January 2016.

What is the probability of receiving this incentive?

A. 47.5%
B. 44.5%
C. 42.9%
D. 35.0%

Answer: B

NEW QUESTION # 230
You are preparing to start the qualitative risk analysis process for your project. You will be relying on some organizational process assets to influence the process. Which one of the following is NOT a probable reason for relying on organizational process assets as an input for qualitative risk analysis?

A. Risk databases that may be available from industry sources
B. Studies of similar projects by risk specialists
C. Information on prior, similar projects
D. Review of vendor contracts to examine risks in past projects

Answer: D

NEW QUESTION # 231
Harry works as a project manager for BlueWell Inc. He is determining how to conduct the risk management activities for a project. According to the PMBOK, there are six inputs to the plan risk management process.
Which one of the following is NOT an input to this process?

A. Cost management plan
B. Schedule management plan
C. Risk management plan
D. Project scope statement

Answer: C

NEW QUESTION # 232
......

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Exam PMI-RMP Fee | PMI-RMP Exam Score

PMI PMI-RMP Dumps PDF To Gain Brilliant Result (2025)

Stakeholder Engagement (19-20%)

PMI Risk Management Professional Sample Questions (Q227-Q232):

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