Real PMI PMI-RMP Exam Question In PDF

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PMI PMI-RMP (Project Management Institute Risk Management Professional) exam is a certification test that is designed for professionals who are involved in risk management activities in their organizations. PMI Risk Management Professional certification is globally recognized and is highly valued by employers as it demonstrates their employee's proficiency in risk management.

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.

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PMI Risk Management Professional Sample Questions (Q99-Q104):

NEW QUESTION # 99
Adrian is the project manager of the NHP Project. In her project there are several work packages that deal with electrical wiring. Rather than to manage the risk internally she has decided to hire a vendor to complete all work packages that deal with the electrical wiring. By removing the risk internally to a licensed electrician Adrian feels more comfortable with project team being safe.
What type of risk response has Adrian used in this example?

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

Answer: A

NEW QUESTION # 100
You are the project manager of the HJK project for your organization. You and the project team have created risk responses for many of the risk events in the project. A teaming agreement is an example of what risk response?

A. Transference
B. Acceptance
C. Sharing
D. Mitigation

Answer: C

NEW QUESTION # 101
Bill is the project manager for a project that will last six months and has a budget of $580,000. In this project a high-risk has been identified with the new materials the project will be using. Bill would like to assign one person, Beth, to be responsible to monitor this risk. Bill assigns Beth the authority to respond to the risk event if it appears in the risk events that is likely to happen. In addition, Bill hires a consultant to work with Beth on this area of the project. In this instance, who is the risk response owner?

A. The consultant working with Beth, because this is transference
B. Beth, because she has the authority to respond to the risk event
C. Beth and the consultant are the risk owners
D. Bill, because he is the project manager

Answer: B

NEW QUESTION # 102
A risk manager has been assigned to an upcoming project. A senior risk manager within the organization recently completed a similar project and has provided a lessons learned document to aid planning efforts for the upcoming project. Upon reviewing the document, the risk manager discovers that the completed project was delivered several months behind schedule and several thousands of dollars over budget. The root cause was determined to be an unforeseen risk trigger that caused several items to be reworked, creating cascading schedule delays and depleting management reserves.
What should the risk manager do to mitigate the chance of the same issues reoccurring?

A. Increase the management reserves and inform stakeholders of what is available to cover any unexpected expenses
B. Distribute the lessons learned document to stakeholders knowing that the likelihood of reoccurrence is low.
C. Document the known risk triggers as the identified cost and schedule risks in the risk register.
D. Ensure that all project stakeholders have a copy of and understand the project's risk management plan.

Answer: C

NEW QUESTION # 103
You are the project manager of a large construction project. This project will last for 18 months and will cost
$750,000 to complete. You are working with your project team, experts, and stakeholders to identify risks within the project before the project work begins. Management wants to know why you have scheduled so many risk identification meetings throughout the project rather than just initially during the project planning. What is the best reason for the duplicate risk identification sessions?

A. The iterative meetings allow the project manager to communicate pending risks events during project execution.
B. The iterative meetings allow the project manager and the risk identification participants to identify newly discovered risk events throughout the project.
C. The iterative meetings allow the project manager to discuss the risk events which have passed the project and which did not happen.
D. The iterative meetings allow all stakeholders to participate in the risk identification processes throughout the project phases.

Answer: B

NEW QUESTION # 104
......

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Real PMI PMI-RMP Exam Question In PDF

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PMI Risk Management Professional Sample Questions (Q99-Q104):

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