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PMI-RMP certification is a valuable certification for professionals who work in the field of risk management. PMI Risk Management Professional certification demonstrates that the candidate has the knowledge and skills necessary to identify, assess, and manage risks in a project or business environment. The PMI-RMP Certification is also a valuable asset for professionals who work in project management, business analysis, or other related fields, as it demonstrates a high level of expertise in risk management.

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PMI-RMP Training Material | PMI-RMP Authorized Exam Dumps

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Individuals who successfully pass the PMI PMI-RMP Certification Exam will receive a certificate that is valid for three years. To maintain their certification, individuals must earn at least 30 professional development units (PDUs) in risk management every three years.

PMI Risk Management Professional Sample Questions (Q75-Q80):

NEW QUESTION # 75
Jenny is the project manager for the NBT projects. She is working with the project team and several subject matter experts to perform the quantitative risk analysis process. During this process she and the project team uncover several risks events that were not previously identified. What should Jenny do with these risk events?

A. The events should be entered into qualitative risk analysis.
B. The events should continue on with quantitative risk analysis.
C. The events should be entered into the risk register.
D. The events should be determined if they need to be accepted or responded to.

Answer: C

NEW QUESTION # 76
A new resource is added to the project team from a matrix organization. How should the project's risk manager familiarize the new team member with the project's risk management process?

A. Provide project specific risk training and mentor through the risk process.
B. Provide the new team member with a copy of the risk register and latest status report.
C. Send the new team member the risk management plan to read.
D. The functional manager is responsible for providing the training.

Answer: A

NEW QUESTION # 77
You are the project manager of the GHG project. You are preparing for the quantitative risk analysis process.
You are using organizational process assets to help you complete the quantitative risk analysis process. Which one of the following is NOT a valid reason to utilize organizational process assets as a part of the quantitative risk analysis process?

A. You will use organizational process assets for information from prior similar projects.
B. You will use organizational process assets to determine costs of all risks events within the current project.
C. You will use organizational process assets for risk databases that may be available from industry sources.
D. You will use organizational process assets for studies of similar projects by risk specialists.

Answer: B

NEW QUESTION # 78
You are the project manager of the BJA Project for your company. Management is worried about one of the identified risks in your project. The risk event has a probability of 90 percent and a cost impact of $85,000. Management and you discuss possible solutions to address the risk. You share
with them that for $75,000 you can reduce the probability of the risk event to 15 percent and the impact to $25,000. This solution will add three weeks to the project schedule. Management thinks this is a good idea and they would like you to add the time and cost additions to your project plan. What type of risk response is used?

A. Mitigation
B. Acceptance
C. Avoidance
D. Exploit

Answer: A

NEW QUESTION # 79
You work as a project manager for BlueWell Inc. You are working with Nancy, the COO of your company, on several risks within the project. Nancy understands that through qualitative analysis you have identified
80 risks that have a low probability and low impact as the project is currently planned. Nancy's concern, however, is that the impact and probability of these risk events may change as conditions within the project may change. She would like to know where will you document and record these 80 risks that have low probability and low impact for future reference. What should you tell Nancy?

A. Risk identification is an iterative process so any changes to the low probability and low impact risks will be reassessed throughout the project life cycle.
B. All risks are recorded in the risk management plan.
C. Risks with low probability and low impact are recorded in a watchlist for future monitoring.
D. All risks, regardless of their assessed impact and probability, are recorded in the risk log.

Answer: C

NEW QUESTION # 80
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