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Mock PMI-RMP Exam & PMI-RMP Latest Test Dumps

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The PMI-RMP exam requires a lot of preparation, hard work, and practice to be successful. To pass the PMI Risk Management Professional (PMI-RMP) test, you need to get updated PMI PMI-RMP dumps. These PMI-RMP questions are necessary to study for the test and pass it on the first try. Updated PMI-RMP Practice Questions are essential prepare successfully for the PMI Risk Management Professional certification exam. But gaining access to updated PMI-RMP questions is challenging for the candidates.

PMI Risk Management Professional Sample Questions (Q171-Q176):

NEW QUESTION # 171
A company manages confidential customer information, and a data breach exposing sensitive information was discovered.
What should the risk manager do?

A. Identify residual and secondary risks.
B. Execute the security risks contingency plan.
C. Get a report of customers affected by the risk.
D. Coordinate a response with the risk owner.

Answer: D

Explanation:
According to the PMBOK Guide, the risk owner is the person assigned the responsibility of monitoring the risk and implementing the risk response plan. The risk owner should be involved in the risk response execution and evaluation, and should communicate the results and outcomes to the relevant stakeholders. In the case of a data breach, the risk owner should coordinate a response with the risk manager and other parties involved, such as the security team, the legal team, the customer service team, and the senior management.
The risk owner should also report the status of the risk and the effectiveness of the response plan to the risk manager. The risk manager should oversee the risk response process and ensure that the risk is handled appropriately and in alignment with the project objectives and stakeholder expectations. References: = PMBOK Guide, 6th edition, pages 452-453; The Standard for Risk Management in Portfolios, Programs, and Projects, page 79.

NEW QUESTION # 172
Ben works as a project manager for the MJH Project. In this project, Ben is preparing to identify stakeholders so he can communicate project requirements, status, and risks. Ben has elected to use a salience model as part of his stakeholder identification process. Which of the following activities best describes a salience model?

A. Grouping the stakeholders based on their level of authority ("power") and their active involvement ("influence") in the project.
B. Grouping the stakeholders based on their level of authority ("power") and their level or concern ("interest") regarding the project outcomes.
C. Describing classes of stakeholders based on their power (ability to impose their will), urgency (need for immediate attention), and legitimacy (their involvement is appropriate).
D. Influence/impact grid, grouping the stakeholders based on their active involvement ("influence") in the project and their ability to affect changes to the project's planning or execution ("impact").

Answer: C

NEW QUESTION # 173
A risk manager for a cross-functional project is initiating the risk identification process. The risk manager conducted some meetings for stakeholders to express their concerns, but some stakeholders are complaining that their opinions were not considered.
How should the risk manager address these concerns?

A. Rewrite the risk register to include the additional possible risks and inform the stakeholders.
B. Refer to the project charter to find guidelines and stakeholder communication channels.
C. Refer to the requirements documentation to confirm stakeholder requirements as they relate to risks.
D. Review the stakeholder register and stakeholder engagement plan to communicate and solicit stakeholder input.

Answer: D

Explanation:
Explanation
According to the PMI Risk Management Professional (PMI-RMP) Examination Content Outline1, one of the tasks in the domain of Risk Identification is to review the stakeholder register and stakeholder engagement plan to communicate and solicit stakeholder input on risks throughout the project life cycle1. The stakeholder register is a project document that identifies the project stakeholders, their roles, interests, expectations, influence, and communication requirements2. The stakeholder engagement plan is a component of the project management plan that describes the strategies and actions to promote productive involvement of stakeholders in project decision making and execution3. In this scenario, the risk manager should review these documents to address the concerns of some stakeholders who are complaining that their opinions were not considered in the risk identification process. The risk manager should communicate with the stakeholders according to their preferences and needs, and solicit their input on the project risks using various tools and techniques, such as interviews, surveys, brainstorming, etc. The risk manager should also update the stakeholder register and stakeholder engagement plan as needed to reflect any changes in the stakeholder community or their expectations. The risk manager should not refer to the requirements documentation to confirm stakeholder requirements as they relate to risks, because that is not a direct way to address the stakeholders' concerns, and it may not capture all the potential risks that the stakeholders may identify4. The risk manager should not refer to the project charter to find guidelines and stakeholder communication channels, because the project charter is a high-level document that does not provide detailed information on how to communicate and engage with the stakeholders5. The risk manager should not rewrite the risk register to include the additional possible risks and inform the stakeholders, because that is a premature and presumptuous action that may not reflect the actual views and inputs of the stakeholders, and it may create more confusion and dissatisfaction among them6. References: 1: PMI Risk Management Professional (PMI-RMP) Examination Content Outline, page
82: A Guide to the Project Management Body of Knowledge (PMBOK Guide) - Sixth Edition, page 5133:
A Guide to the Project Management Body of Knowledge (PMBOK Guide) - Sixth Edition, page 5184: A Guide to the Project Management Body of Knowledge (PMBOK Guide) - Sixth Edition, page 1525: A Guide to the Project Management Body of Knowledge (PMBOK Guide) - Sixth Edition, page 776: A Guide to the Project Management Body of Knowledge (PMBOK Guide) - Sixth Edition, page 414.

NEW QUESTION # 174
A risk manager of a complex project has identified a risk and believes a deeper understanding of the source and likelihood is necessary. How should the risk manager proceed?

A. Develop and employ an Ishikawa diagram
B. Create prompt lists for expert interviews
C. Analyze the assumptions and constraints
D. Perform a review of project documents

Answer: A

Explanation:
An Ishikawa diagram (also known as a fishbone or cause-and-effect diagram) is a tool used to identify and analyze the root causes and sources of a risk. It helps the risk manager gain a deeper understanding of the risk source and likelihood. (Reference: PMBOK Guide, 6th Edition, p. 139) An Ishikawa diagram, also known as a fishbone diagram or a cause-and-effect diagram, is a tool that can help the risk manager to analyze the root causes of a risk and to identify the factors that influence its occurrence and impact. An Ishikawa diagram can also help to visualize the relationships among different causes and to prioritize the most significant ones. By developing and employing an Ishikawa diagram, the risk manager can gain a deeper understanding of the source and likelihood of the risk and plan appropriate responses accordingly. Reference: The Standard for Risk Management in Portfolios, Programs, and Projects, page 72; PMBOK Guide, 6th edition, page 398.

NEW QUESTION # 175
You are the project manager of the AMD project for your organization. In this project, you are currently performing quantitative risk analysis. The tool and technique you are using is simulation where the project model is computed many times with the input values chosen at random for each iteration. The goal is to create a probability distribution from the iterations for the project schedule. What technique will you use with this simulation?

A. Analogous modeling
B. Expected Monetary Value
C. Pareto modeling
D. Monte Carlo Technique

Answer: D

NEW QUESTION # 176
......

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