Biography
PMI-RMP New Dumps Files & PMI-RMP Latest Test Cost
By doing this the successful PMI-RMP candidates can gain several personal and professional benefits in their career and achieve their professional career objectives in a short time period. To attain this you just need to enroll in the PMI PMI-RMP Certification Exam and put all your efforts to pass this challenging PMI-RMP exam with good scores.
To increase your chances of success, consider utilizing the ValidVCE PMI-RMP Exam Questions, which are valid, updated, and reflective of the actual PMI-RMP exam. Don't miss the opportunity to strengthen your PMI PMI-RMP exam preparation with these valuable questions. The ValidVCE is a leading platform that has been assisting the PMI PMI-RMP Exam candidates for many years. Over this long time period countless PMI-RMP exam candidates have passed their PMI PMI-RMP certification exam. They got success in PMI Risk Management Professional exam with flying colors and did a job in top world companies.
>> PMI-RMP New Dumps Files <<
PMI-RMP Latest Test Cost, Exam PMI-RMP Quick Prep
If you want to maintain your job or get a better job for making a living for your family, it is urgent for you to try your best to get the PMI-RMP certification. We are glad to help you get the certification with our best PMI-RMP study materials successfully. Our company has done the research of the study material for several years, and the experts and professors from our company have created the famous PMI-RMP learning prep for all customers.
PMI Risk Management Professional Sample Questions (Q191-Q196):
NEW QUESTION # 191
At an oil and gas company, a major unified management information system is to be implemented. The project manager noted that risks gathered from the organization's business functions are not properly identified and categorized, making it difficult to develop an effective risk response.
How should the project manager handle this situation?
- A. Coach the functional groups on how to properly conduct the process.
- B. Ask functional managers to improve their risk register and process.
- C. Outsource conducting the risk response plan to risk consultants.
- D. Adjust the risk response plans to effectively handle the identified risks.
Answer: A
Explanation:
Explanation
The project manager should provide guidance and coaching to the functional groups on how to properly identify and categorize risks. This will help improve the quality of the risk register and ensure an effective risk response plan can be developed.
The project manager should coach the functional groups on how to properly conduct the process of identifying and categorizing risks, as this will help to improve the quality and consistency of the risk information and to facilitate the development of an effective risk response plan. The project manager should also provide guidance and support on how to use the appropriate tools and techniques, such as risk breakdown structure, risk taxonomy, risk checklists, risk interviews, and risk workshops, to elicit and document the risks from different perspectives and sources. By coaching the functional groups, the project manager can also enhance their risk awareness and ownership, and foster a collaborative risk culture within the project. References: The Standard for Risk Management in Portfolios, Programs, and Projects, page 71-72; PMBOK Guide, 6th edition, page 397-398.
NEW QUESTION # 192
A project manager identifies a risk in a multifunctional project and decides to take no action. What should the risk manager do if the risk occurs?
- A. Review the project management plan.
- B. Create a change request.
- C. Implement a workaround.
- D. Implement a contingency or fallback plan.
Answer: D
NEW QUESTION # 193
You are working as a project manager in your organization. You are nearing the final stages of project execution and looking towards the final risk monitoring and controlling activities. For your project archives, which one of the following is an output of risk monitoring and control?
- A. Quantitative risk analysis
- B. Requested changes
- C. Qualitative risk analysis
- D. Risk audits
Answer: B
NEW QUESTION # 194
Upon reviewing the risk analysis results, the project manager notices several risks that occur more frequently than others. What should the project manager do?
- A. Reduce the probabilities of those risks on the risk register
- B. Transfer ownership of those risks to the customer
- C. Implement the risk handling strategies for those risks
- D. Request additional management reserve for those risks
Answer: D
Explanation:
Explanation
The project manager should implement the risk handling strategies for the risks that occur more frequently, as this will help reduce their impact on the project and improve overall project performance.
Exploit is a positive risk response strategy that aims to ensure that the opportunity is realized 1. It involves eliminating the uncertainty associated with a particular upside risk and making it happen 2. For example, if there is an opportunity to reduce the project cost by using a cheaper supplier, the project manager can exploit it by signing a contract with the supplier and securing the savings. Exploit is the opposite of avoid, which is a negative risk response strategy that seeks to eliminate the threat or protect the project from its impact 2.
The other options are not appropriate for taking full advantage of opportunities. Mitigate is a negative risk response strategy that reduces the probability and/or impact of a threat 2. It is the opposite of enhance, which is a positive risk response strategy that increases the probability and/or impact of an opportunity 1. Accept is a risk response strategy that involves acknowledging the risk and not taking any action unless the risk occurs 2.
It can be applied to both threats and opportunities, but it does not actively pursue them. Transfer is a negative risk response strategy that shifts the impact of a threat to a third party, along with ownership of the response 2. It is the opposite of share, which is a positive risk response strategy that allocates ownership of an opportunity to a third party who is best able to capture it for the benefit of the project 1.
References: 1: How To Exploit and Enhance Project Opportunities - Project Risk Coach 2 2: A Guide to the Project Management Body of Knowledge (PMBOK Guide) - Sixth Edition, page 443-4451
NEW QUESTION # 195
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. Analyze the assumptions and constraints
- C. Create prompt lists for expert interviews
- D. Perform a review of project documents
Answer: A
Explanation:
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. References: The Standard for Risk Management in Portfolios, Programs, and Projects, page 72; PMBOK Guide, 6th edition, page 398.
NEW QUESTION # 196
......
Before making a final purchase, ValidVCE customers can try the features of the PMI-RMP practice material with a free demo. If a customer purchases our PMI-RMP exam preparation material, we will provide them with Free PMI-RMP Exam Questions updates for up to 1 year. If the PMI-RMP certification test content changes after your purchase within 1 year, you will instantly get free real questions updates.
PMI-RMP Latest Test Cost: https://www.validvce.com/PMI-RMP-exam-collection.html
Our PMI-RMP study quiz is made from various experts for examination situation in recent years in the field of systematic analysis of finishing, meet the demand of the students as much as possible, at the same time have a professional staff to check and review PMI-RMP practice materials, made the learning of the students enjoy the information of high quality, It is highly recommended for you to get updates so you can start your preparation using updated PMI PMI-RMP dumps pdf files, and detailed question answers.
The Options Dialog, In this article, I use the state design pattern to illustrate how to add state management to your C++ code, Our PMI-RMP study quiz is made from various experts for examination situation in recent years in the field of systematic analysis of finishing, meet the demand of the students as much as possible, at the same time have a professional staff to check and review PMI-RMP practice materials, made the learning of the students enjoy the information of high quality.
Experience 24/7 Support And Real PMI-RMP Exam Questions With ValidVCE
It is highly recommended for you to get updates so you can start your preparation using updated PMI PMI-RMP dumps pdf files, and detailed question answers.
This version of PMI PMI-RMP exam cram materials is rather powerful, Perhaps you are deeply bothered by preparing the exam, Just free download the demo of our PMI-RMP exam questions!
