HOT PMI-RMP DUMPS VCE | PASS-SURE PMI PMI-RMP EXAM OUTLINE: PMI RISK MANAGEMENT PROFESSIONAL

Hot PMI-RMP Dumps Vce | Pass-Sure PMI PMI-RMP Exam Outline: PMI Risk Management Professional

Hot PMI-RMP Dumps Vce | Pass-Sure PMI PMI-RMP Exam Outline: PMI Risk Management Professional

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Just as an old saying goes, it is better to gain a skill than to be rich. Contemporarily, competence far outweighs family backgrounds and academic degrees. One of the significant factors to judge whether one is competent or not is his or her PMI-RMP certificates. Generally speaking, PMI-RMP certificates function as the fundamental requirement when a company needs to increase manpower in its start-up stage. In this respect, our PMI-RMP practice materials can satisfy your demands if you are now in preparation for a PMI-RMP certificate.

PMI-RMP certification is an excellent opportunity for individuals who want to enhance their knowledge and skills in risk management. PMI Risk Management Professional certification is highly valued by employers and can open up new career opportunities for professionals in this field. With the right preparation and dedication, passing the PMI-RMP exam can be a game-changer for your career.

To be eligible for the PMI-RMP certification exam, candidates must have a minimum of three years of professional experience in risk management and 30 hours of project risk management education. PMI-RMP Exam itself consists of 170 multiple-choice questions and has a duration of four hours. The PMI-RMP certification is valid for three years, after which candidates must renew their certification by earning professional development units (PDUs) through continuing education and professional development activities. Overall, the PMI-RMP certification is an excellent choice for professionals who want to specialize in risk management and enhance their career prospects in the project management domain.

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PMI-RMP Exam Outline - Reliable PMI-RMP Test Experience

You should not register for the PMI PMI Risk Management Professional certification exam without proper preparation. Passing the PMI Risk Management Professional exam is quite a challenging task. This difficult task becomes easier if you use valid PMI PMI-RMP Exam Dumps of ITPassLeader. Don't forget that the PMI Risk Management Professional (PMI-RMP) test registration fee is hefty and your money will go to waste if you don't crack this exam.

To be eligible for the PMI-RMP certification exam, candidates must have a minimum of 3,000 hours of experience in project risk management and 30 hours of formal risk management education. Alternatively, candidates can have a bachelor's degree or higher and 2,000 hours of experience in project risk management and 30 hours of formal risk management education. Once eligible, candidates must pass a rigorous exam that tests their knowledge of risk management concepts, tools, and techniques. Successful candidates earn the PMI-RMP Certification, which is recognized globally as a mark of excellence in risk management.

PMI Risk Management Professional Sample Questions (Q59-Q64):

NEW QUESTION # 59
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. Document the known risk triggers as the identified cost and schedule risks in the risk register.
  • C. Ensure that all project stakeholders have a copy of and understand the project's risk management plan.
  • D. Distribute the lessons learned document to stakeholders knowing that the likelihood of reoccurrence is low.

Answer: B


NEW QUESTION # 60
Several key stakeholders approach the project manager with concerns. The stakeholders have received feedback from local businesses that have reported a reduction in customers because of construction activities at the worksite, and they plan to submit a claim to the municipality to fine the project manager's company.
How should the project manager address this concern?

  • A. Evaluate the risk with the team and update the issueing
  • B. Update the key risks and perform a quantitative risk analysis.
  • C. Discuss the concern with the local business owners.
  • D. Adjust construction work hours to after business hours.

Answer: A

Explanation:
Explanation
The project manager should evaluate the risk with the team and update the issueing to address the concerns of the stakeholders and local businesses.
This concern is a potential risk that could affect the project's reputation, stakeholder satisfaction, and profitability. The project manager should evaluate the risk with the team and update the issue log, which is a tool for documenting and monitoring the resolution of issues that arise during the project. The issue log should include information such as the issue description, the priority, the owner, the status, and the actions taken. The project manager should also communicate with the stakeholders and the local businesses to address their concerns and seek a mutually beneficial solution. The project manager should not ignore the concern, as it could escalate into a bigger problem. The project manager should not discuss the concern with the local business owners alone, as this could bypass the stakeholders and create more conflicts. The project manager should not update the key risks and perform a quantitative risk analysis, as this is a time-consuming and complex process that may not be necessary for this type of risk. The project manager should not adjust the construction work hours to after business hours, as this could incur additional costs, disrupt the project schedule, and affect the workers' safety and productivity. References: PMI, 2017. A Guide to the Project Management Body of Knowledge (PMBOK Guide) - Sixth Edition. Newtown Square, PA: Project Management Institute, Inc., pp. 115-116, 408-4091


NEW QUESTION # 61
Lisa is the project manager of the SQL project for her company. She has completed the risk response planning with her project team and is now ready to update the risk register to reflect the risk response. Which of the following statements best describes the level of detail Lisa should include with the risk responses she has created?

  • A. The level of detail must define exactly the risk response for each identified risk.
  • B. The level of detail should correspond with the priority ranking.
  • C. The level of detail is set by historical information.
  • D. The level of detail is set of project risk governance.

Answer: B


NEW QUESTION # 62
The company is a risk seeking organization, and has experienced measurable success based on their current strategy for growth. A new project has an overall project risk that exceeds the risk levels documented in the risk management plan.
What would be the best course of action for the company to take with the project based on its current scope?

  • A. Perform a Monte Carlo simulation to understand possible risk outcomes.
  • B. Monitor ongoing risks closely for any major changes.
  • C. Conduct a stakeholder meeting to validate stakeholder risk appetite.
  • D. Cancel the project, as the overall level of risk remains unacceptable.

Answer: A


NEW QUESTION # 63
There are seven risk responses for any project. Which one of the following is a valid risk response for a negative risk event?

  • A. Share
  • B. Exploit
  • C. Enhance
  • D. Acceptance

Answer: D


NEW QUESTION # 64
......

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