EXAM PMI PMI-RMP SIMULATOR FEE - TEST PMI-RMP QUESTION

Exam PMI PMI-RMP Simulator Fee - Test PMI-RMP Question

Exam PMI PMI-RMP Simulator Fee - Test PMI-RMP Question

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The prominent benefits of PMI PMI-RMP certification exam are more career opportunities, updated skills and knowledge, recognition of expertise, and instant rise in salary and promotion in new job roles. To do this you just need to pass the PMI PMI-RMP Exam. However, to get success in the PMI-RMP exam is not an easy task, it is a challenging PMI-RMP exam.

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Free PDF PMI - PMI-RMP - Newest Exam PMI Risk Management Professional Simulator Fee

Getting an authoritative IT certification will make a great difference to your career like PMI-RMP exam tests. The difficulty and profession of real questions need much time and energy to prepare, which can be solved by our PMI-RMP dumps torrent. The latest training materials are tested by IT experts and certified trainers who studied PMI-RMP Exam Questions for many years. The high quality of our vce braindumps are the guarantee of high passing score.

Career Path

Holding the PMI Risk Management Professional certification allows to boost your career in the field of risk management to another level. There is a wide range of positions that you can opt for, including a Corporate Development Transaction Services Manager, a Construction Management Professional, a General Manager, a Network Program Manager, a Nurse Manager Risk Management, a Risk Management Analyst, Senior Software Engineer, and more. Besides that, these specialists can earn an average income of $65,000 per year.

PMI PMI-RMP Certification Exam is designed for individuals who have experience in the field of project management and are interested in obtaining a professional certification that will validate their risk management expertise. PMI-RMP exam covers a broad range of topics related to risk management, including risk identification, analysis, response planning, and risk monitoring and control.

PMI Risk Management Professional Sample Questions (Q53-Q58):

NEW QUESTION # 53
Frank is the project manager of the NHQ project for his company. Frank is working with the project team, key stakeholders, and several subject matter experts on risks dealing with the new materials in the project.
Frank wants to utilize a risk analysis method that will help the team to make decisions in the presence of the current uncertainty surrounding the new materials. Which risk analysis approach can Frank use to create an approach to make decisions in the presence of uncertainty?

  • A. Delphi Technique
  • B. Quantitative risk analysis process
  • C. Qualitative risk analysis process
  • D. Monte Carlo Technique

Answer: B


NEW QUESTION # 54
A newly assigned risk manager realizes that a project has unrealistic funding and low resources. Which document should the risk manager review?

  • A. Risk management plan
  • B. Risk assessment criteria
  • C. Project management plan
  • D. Project assumptions

Answer: C

Explanation:
When a risk manager realizes that a project has unrealistic funding and low resources, the appropriate document to review is the Project Management Plan. The Project Management Plan includes detailed information about the project's budget, resources, and overall strategy. By reviewing this plan, the risk manager can identify any discrepancies between the planned and actual resources and funding, allowing them to assess the associated risks and take necessary corrective actions.
PMI's standards indicate that the Project Management Plan is the primary document that outlines how the project will be executed, monitored, and controlled, including how resources and budgets are allocated.


NEW QUESTION # 55
Kelly is the project manager of the BHH project for her organization. She is completing the risk identification process for this portion of her project. Which one of the following is the only thing that the risk identification process will create for Kelly?

  • A. Risk register updates
  • B. Risk register
  • C. Change requests
  • D. Project document updates

Answer: B


NEW QUESTION # 56
Project stakeholders can often be risk averse with little to no knowledge of the risk process. How should a risk manager increase stakeholder risk appetite?

  • A. Explain risk handling and mitigation strategies
  • B. Exclude risk averse stakeholders from future risk discussions
  • C. Develop a generous probabilistic cash flow model
  • D. Increase the impact of all risks in the risk breakdown structure (RBS)

Answer: A

Explanation:
The risk manager should increase stakeholder risk appetite by explaining risk handling and mitigation strategies, which will help stakeholders understand how risks can be managed and reduced, making them more comfortable with the risk process.
The best way to increase stakeholder risk appetite is to explain risk handling and mitigation strategies, which are the actions taken to reduce the probability and/or impact of risks, or to enhance the opportunities. By doing so, the risk manager can help the stakeholders understand how the risks can be managed effectively and efficiently, and how the potential benefits can outweigh the potential costs. This can also increase the stakeholder confidence and trust in the risk process and the project outcomes. The other options are not appropriate ways to increase stakeholder risk appetite. Excluding risk averse stakeholders from future risk discussions can alienate them and create conflicts. Increasing the impact of all risks in the risk breakdown structure (RBS) can exaggerate the risk exposure and create unnecessary fear and anxiety. Developing a generous probabilistic cash flow model can create unrealistic expectations and lead to poor decision making. Reference: PMI Risk Management Professional (PMI-RMP) Examination Content Outline and Specifications, page 81. A Guide to the Project Management Body of Knowledge (PMBOKGuide) - Sixth Edition, pages 403-4042.


NEW QUESTION # 57
There are four inputs to the Monitoring and Controlling Project Risks process. Which one of the following will NOT help you, the project manager, to prepare for risk monitoring and controlling?

  • A. Risk register
  • B. Project management plan
  • C. Change requests
  • D. Work Performance Information

Answer: C


NEW QUESTION # 58
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