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PMI PMI-RMP Exam | PMI-RMP Test Objectives Pdf - Download Demo Free of PMI-RMP Latest Test Materials

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Quiz 2025 PMI First-grade PMI-RMP: PMI Risk Management Professional Test Objectives Pdf

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PMI Risk Management Professional Sample Questions (Q70-Q75):

NEW QUESTION # 70
When conducting a risk identification exercise, what two actions should the risk manager take? (Choose two.)

A. Ensure participants review relevant documents before attending the meeting
B. Update the risk register during the team meeting.
C. Ensure that all the relevant stakeholders participate
D. Arrange a team meeting, review the project's scope, and discuss dependency mapping
E. Request a contingency reserve from management

Answer: C,D

Explanation:
According to the PMBOK Guide, one of the tools and techniques for the identify risks process is data gathering. Data gathering is the process of collecting information from various sources to identify potential risks that may affect the project objectives. Some of the data gathering techniques are brainstorming, interviews, checklists, assumption and constraint analysis, and document analysis1. To conduct a risk identification exercise using data gathering techniques, the risk manager should take the following actions:
Arrange a team meeting, review the project's scope, and discuss dependency mapping. This action can help the risk manager to facilitate a brainstorming session with the project team and other subject matter experts, where they can generate a list of potential risks based on the project scope and the dependencies among the project activities. Dependency mapping is a technique that helps to identify the relationships and interdependencies among the project components, such as tasks, resources, deliverables, and stakeholders2. By reviewing the project scope and discussing the dependency mapping, the risk manager can ensure that the risk identification exercise covers all the relevant aspects of the project and does not miss any important risk sources.
Ensure that all the relevant stakeholders participate. This action can help the risk manager to obtain different perspectives and insights from the stakeholders who have different roles, interests, and expectations in the project. Stakeholders are individuals or groups who can affect or be affected by the project outcomes. They may have valuable information, experience, or expertise that can help to identify potential risks that may not be obvious to the project team. By ensuring that all the relevant stakeholders participate in the risk identification exercise, the risk manager can increase the comprehensiveness and accuracy of the risk identification process and foster stakeholder engagement and buy-in1. Reference: PMBOK Guide, 6th edition, pages 397-399, 414-4151; Mastering the PMI Risk Management Professional (PMI-RMP) Exam, page 70

NEW QUESTION # 71
Frances is the project manager of a project in her organization. This project has a budget of
$567,000 and is schedule to last for three years. Frances wants to examine the risk events to determine which risk events have the most potential impact on the project. Which modeling technique can help Frances to accomplish this goal?

A. Sensitivity analysis
B. Modeling and simulation
C. Expected monetary value
D. Quantitative risk analysis

Answer: A

NEW QUESTION # 72
A risk manager was recently hired to assist with a mid-sized infrastructure project. The risk manager becomes aware that they have an inexperienced project team.
What two items should the risk manager have their team review in order to prepare for an upcoming risk identification workshop? (Choose two.)

A. Organization chart for city permit department
B. Risk management plan
C. Monte Carlo analysis from a similar project
D. Scope of work and requirements
E. List of pre-approved contractors

Answer: B,D

Explanation:
The risk manager should have their team review the scope of work and requirements to ensure they understand the project's objectives and deliverables. Additionally, reviewing the risk management plan will help the team understand the risk management process, roles, and responsibilities, and prepare for the risk identification workshop.
According to the PMBOK® Guide - Sixth Edition1, the scope of work and requirements are key inputs for the risk identification process, as they define the project boundaries, deliverables, assumptions, and constraints. The risk management plan is also an essential input, as it provides the guidelines and framework for how risk management will be performed throughout the project. The other options are not relevant for risk identification, as they are either related to other processes (such as Monte Carlo analysis for quantitative risk analysis) or not directly related to the project risks (such as the list of pre-approved contractors or the organization chart for city permit department). References: PMBOK® Guide - Sixth Edition, pages 397-398.

NEW QUESTION # 73
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 management process
B. Risk identification
C. Risk monitoring and control process
D. Response planning

Answer: C

NEW QUESTION # 74
A project team's manager is responsible for delivering a specific initiative for the organization. They are preparing for a monthly meeting where the manager will present on the current state of this initiative. The agile project lead sends the manager the following email with the current initiative status (Refer to the email exhibit).

How many total story points is the entire initiative?

A. 0
B. 1
C. 2
D. 3

Answer: D

Explanation:
To determine the total story points for the entire initiative, we must sum up the estimates provided in the backlog from the email exhibit. The backlog includes the following user stories with their respective story point estimates:
New log-in screen - 6
Save passwords - 4
Defect fixing - triaged top 10 - 8
Accessibility - color blind - 4
Increase security - 21
Shopping cart - 7
Accept credit card payments - 5
Accept bank drafts - 9
New sort order - 3
Add AI chatbot - 5
Total story points calculation:
6 + 4 + 8 + 4 + 21 + 7 + 5 + 9 + 3 + 5 = 72 story points
Thus, the total number of story points for the initiative is 72, making option A the correct answer.
References:
Agile estimation techniques suggest using story points to estimate the effort required for backlog items.
The PMI Agile Practice Guide explains that story points represent the complexity, effort, and risk associated with a user story.
Agile teams use story point estimation to gauge work effort without associating it with time directly.
This approach ensures that the team has a clear understanding of the overall workload and can manage risks effectively.

NEW QUESTION # 75
......

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