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PMI-RMP Valid Test Pdf, PMI-RMP Latest Dumps Book

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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 Risk Management Professional Sample Questions (Q109-Q114):

NEW QUESTION # 109
Henry is the project manager of the QBG Project for his company. This project has a budget of $4,576,900 and is expected to last 18 months to complete. The CIO, a stakeholder in the project, has introduced a scope change request for additional deliverables as part of the project work. What component of the change control system would review the proposed changes’ impact on the features and functions of the project’s product?

  • A. Configuration management system
  • B. Cost change control system
  • C. Scope change control system
  • D. Integrated change control

Answer: A

NEW QUESTION # 110
You are the project manager of the NJJ project. Your enterprise environmental factors require that you establish certain risk management rules regarding low risks within your project. What is the best policy for risks with low probability and low impact in the project management?

  • A. These risks should be placed on a watchlist for future monitoring.
  • B. These risks should be accepted.
  • C. These risks should be identified, but dismissed.
  • D. These risks should be placed in the risk register.

Answer: A

Explanation:
Explanation

NEW QUESTION # 111
You work as a project manager for BlueWell Inc. You are performing the quantitative risk analysis for your project. One of the project risks has a 50 percent probability of happening, and it will cost the project $55,000 if the risk happens. What will be the expected monetary value of this risk event?

  • A. Negative $27,500
  • B. Negative $55,000
  • C. Negative $26,000
  • D. Zero – the risk event has not yet occurred

Answer: A

NEW QUESTION # 112

Contingency Reserve Total: US$213,000
Due to a mitigation strategy, Risk 4’s probability has been reduced to 40%. What would be the new contingency reserve total?

  • A. US$92,400
  • B. Unable to calculate a total due to lack of pertinent information.
  • C. US$145,800
  • D. US$157,000

Answer: D

NEW QUESTION # 113
You are the project manager of the GHQ project for your company. You are working with your project team to prepare for the qualitative risk analysis process. Mary, a project team member, does not understand why you need to complete qualitative risks analysis. You explain to Mary that qualitative risks analysis helps you determine which risks needs additional analysis. There are also some other benefits that qualitative risks analysis can do for the project. Which one of the following is NOT an accomplishment of the qualitative risk analysis process?

  • A. Time frame for a risk response
  • B. Corresponding impact on project objectives
  • C. Prioritization of identified risk events based on probability and impact
  • D. Cost of the risk impact if the risk event occurs

Answer: D

NEW QUESTION # 114
……

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