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PMI-RMP Reliable Test Duration - PMI-RMP Simulation Questions

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PMI-RMP certification is recognized globally and is highly valued in the industry. It demonstrates a professional’s ability to identify and manage risks in a project or organization, which is crucial for the success of any project. PMI Risk Management Professional certification also showcases a professional’s commitment to excellence and continuous learning in the field of risk management.

How much PMI-RMP Exam Cost

The price of the PMI-RMP exam for members is $520 USD and for non-members is $670 USD.

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PMI-RMP Simulation Questions | Exam PMI-RMP Guide Materials

The software version of our PMI-RMP study engine is designed to simulate a real exam situation. You can install it to as many computers as you need as long as the computer is in Windows system. And our software of the PMI-RMP training material also allows different users to study at the same time. It's economical for a company to buy it for its staff. Friends or workmates can also buy and learn with our PMI-RMP Practice Guide together.

PMI-RMP exam is a rigorous, four-hour exam that tests an individual's knowledge and skills in risk management. PMI-RMP exam consists of 170 multiple-choice questions that cover five domains of risk management: risk strategy and planning, stakeholder engagement, risk process facilitation, risk monitoring and reporting, and performing specialized risk analysis. The PMI-RMP Exam is designed to test an individual's ability to identify, analyze, and respond to risk in a project or organizational context.

PMI Risk Management Professional Sample Questions (Q110-Q115):

NEW QUESTION # 110
You are the project manager of the GHY Project for your company. You have completed the risk response planning with your project team. You now need to update the WBS. Why would the project manager need to update the WBS after the risk response planning process? Choose the best answer.

A. Because of new work generated by the risk responses
B. Because of risks associated with work packages
C. Because of work that was omitted during the WBS creation
D. Because of risk responses that are now activities

Answer: A

NEW QUESTION # 111
Lisa is the project manager of the FKN project for her organization. She is working with Sam, the CIO, to discuss a discount the vendor has offered the project based on the amount of materials that is ordered. Lisa and Sam review the offer and agree that while their project may qualify for the discounted materials the savings is nominal and they would not necessarily pursue the savings. Lisa documents this positive risk response in the risk register. What risk response is this?

A. Share
B. Enhance
C. Transference
D. Acceptance

Answer: D

Explanation:
Explanation/Reference:

NEW QUESTION # 112
A risk manager is confident that they have identified and quantified the risks and opportunities for a project.
When presenting their work to management, on what areas should the risk manager focus? (Choose two.)

A. Risk mitigation actions that will require work from stakeholders
B. Risks related to cost that will impact the major projects that are currently in the execution phase
C. Risks that are tied to the success of the organization
D. Risks as they apply to the organization's overall risk management philosophy and strategic ambition
E. Huge opportunities that possibly bring an additional 30% return for 10 projects in the next year

Answer: C,D

Explanation:
Explanation
The risk manager should focus on risks that are directly tied to the success of the organization and those that align with the organization's risk management philosophy and strategic ambition. This will ensure that management is informed about the most relevant risks and opportunities for the project.

NEW QUESTION # 113
You work as the project manager for Bluewell Inc. You are working on NGQQ Projectyou're your company. You have completed the risk analysis processes for the risk events. You and the project team have created risk responses for most of the identified project risks. Which of the following risk response planning techniques will you use to shift the impact of a threat to a third party, together with the responses?

A. Risk avoidance
B. Risk transference
C. Risk mitigation
D. Risk acceptance

Answer: B

NEW QUESTION # 114
You work as a project manager for BlueWell Inc. Your project is using a new material to construct a large warehouse in your city. This new material is cheaper than traditional building materials, but it takes some time to learn how to use the material properly. You have communicated to the project stakeholders that you will be able to save costs by using the new material, but you will need a few extra weeks to complete training to use the materials. This risk response of learning how to use the new materials can also be known as what term?

A. Benchmarking
B. Cost of conformance to quality
C. Cost-benefits analysis
D. Team development

Answer: B

NEW QUESTION # 115
......

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