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PMI PMI-RMP Premium Bundle
PMI PMI-RMP Premium Bundle

PMI-RMP Premium File: 443 Questions & Answers

Last Update: Aug 31, 2021

PMI-RMP Training Course: 153 Video Lectures

PMI-RMP PDF Study Guide: 173 Pages

$79.99

PMI-RMP Bundle gives you unlimited access to "PMI-RMP" files. However, this does not replace the need for a .vce exam simulator. To download your .vce exam simulator click here

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PMI PMI-RMP Practice Test Questions in VCE Format

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PMI PMI-RMP Practice Test Questions, Exam Dumps

PMI PMI-RMP PMI Risk Management Professional exam dumps vce, practice test questions, study guide & video training course to study and pass quickly and easily. PMI PMI-RMP PMI Risk Management Professional exam dumps & practice test questions and answers. You need avanset vce exam simulator in order to study the PMI PMI-RMP certification exam dumps & PMI PMI-RMP practice test questions in vce format.

If you want to highlight your skills in identifying and assessing project risks, mitigating threats, and capitalizing on opportunities, the PMI Risk Management Professional certification is ideal for you. Obtaining this certificate places you aside from other specialists and brings honor to your organization. All you have to do is pass the associated exam, which is PMI-RMP. Thus, if you’re waiting for greater recognition, this test will evaluate your expertise and help you stand out to the stakeholders, peers, and employers.

Requirements

The PMI-RMP certification exam is designed for those individuals who hold a position of a Project Manager and concentrate on project risk management such as complex environments and large projects. The potential candidates are also required to have high-level knowledge and expertise in risk management. Moreover, the applicants must fulfill some prerequisites before applying for this test. They should have a secondary degree as well as possess 36 months of working experience in project risk management within the last 5 years, and 40 hours of education in this sphere. On the other hand, those applicants who hold a four-year degree, 24 months of working experience in project risk management within the last 5 years, and 30 hours of education in project risk management are eligible for this exam as well.

Exam Info

The candidates will have 210 minutes to answer 170 questions presented in the multiple-choice format. Please note that there are 20 unscored items, which will be placed throughout the subject areas as the pretest questions. This exam can be taken in the English language, and the students must pay the fee of $520 (for PMI members) or $670 (for non-members) to schedule the test. As for the registration process, it can be done through the Pearson VUE platform.

The potential candidates should know what to expect from the test before they start their preparation phase. That is why they have to observe all the topics of the PMI-RMP exam. All in all, the domains of this certification test are highlighted as follows:

Risk Planning and Strategy (19-20%)

  • Developing the risk assessment tools & processes that measure risk tolerances of a stakeholder to estimate and define the risk minimum for the project as well as determine the standards for risk levels;
  • Updating the risk procedures and policies utilizing information to improve the risk management effectiveness;
  • Developing and recommending the project risk strategy according to the project objectives to set the sketch for the risk management plan;
  • Producing the risk management plan for the project based on data, such as industry policies and procedures, project information, stakeholder data, and external factors to determine, fund, and staff practical risk management processes for the project that adjust with different project plans;
  • Establishing the evaluation standards for the risk management processes according to the project objectives and baselines to measure the capability of the project risk process.

Stakeholder Engagement (19-20%)

  • Utilizing the interpersonal skills to develop a common understanding of the importance of risk management to foster the proper level of risk ownership, responsibility, and shared accountability;
  • Training, coaching, and educating the stakeholders in risk processes and principles to create a common understanding of processes & principles, as well as foster involvement in risk management;
  • Coaching the project team members in performing risk processes to secure the regular utilization of risk processes;
  • Utilizing the tools and processes such as analyzing historical stakeholder behaviors and interviewing stakeholders to assess stakeholder risk tolerance for identifying the project risk thresholds;
  • Engaging the stakeholders on the risk prioritization process according to the stakeholder risk tolerance and different relevant standards for optimizing the consensus regarding priorities;
  • Providing the risk-related advice to the stakeholders concerning risk planning and strategy, risk reporting, risk process facilitation, and functional risk tasks utilizing useful communication techniques for supporting effective risk-based decision making;
  • Promoting risk ownership by proactively communicating responsibilities and roles as well as involving project team members in the expansion of risk responses for improving the risk response execution;
  • Utilizing useful communication methods and sharing information on project risk performance to liaise with the stakeholders of other projects to notify them about suggestions for their projects.

Risk Process Facilitation (25-28%)

  • Applying the risk assessment tools and processes to determine risk levels and measure stakeholder risk tolerances;
  • Utilizing different techniques to facilitate risk identification for enabling the stakeholders and project team to determine & understand the risk display of the project;
  • Utilizing the quantitative and qualitative techniques & tools to facilitate the evaluation of the project team’s of the recognized risks’ attributes for prioritizing the risks for response planning;
  • Facilitating the expansion of the related risk actions and aligned risk response strategy by risk owners from the data found during the risk analysis to ensure defined & timely action when needed;
  • Facilitating the creation of project emergency reserve according to the risk display of the project to have the resources and capability for responding to the realized risks;
  • Providing the risk data to schedule and cost analysts to assure that project risk is correctly displayed in the schedule and cost estimates for the project;
  • Using the scenarios to evaluate the key requirements & dependencies and validate potential risk responses for enhancing the probability of project success.

Risk Monitoring and Reporting (19-20%)

  • Utilizing the standard tools & techniques to document and regularly update the project risk data for maintaining a current repository of all the project risk information;
  • Coordinating with project manager utilizing communication techniques for integrating the risk management during the project;
  • Utilizing the risk-related metrics as defined in the risk management plan to create the periodical standard and custom reports for communicating the risk management status and activities;
  • Monitoring the risk response metrics by examining risk response display information and presenting to key stakeholders for ensuring analysis of risk as well as developing extra risk response strategies to remove secondary & residual risks;
  • Analyzing the risk process performance toward established metrics for driving the risk process improvements;
  • Updating the project risk management plan utilizing the relevant external and internal inputs for keeping the plan current;
  • Capturing the risk lessons discovered through a thorough review of the project risk process performance reports, risk management plan, risk audits, risk register, and other reports for incorporating into later risk planning.

Perform Specialized Risk Analyses (14-16%)

  • Utilizing the specialized qualitative techniques and advanced quantitative tools to measure the characteristics of recognized risks for estimating overall risk exposure of the project;
  • Analyzing the risk data presented during the project utilizing the expert judgment and statistical analyses for defining the weaknesses and strengths of risk strategy & processes, as well as recommending the process changes when indicated;
  • Utilizing the advanced techniques and tools to perform the specialized risk analysis for supporting the stakeholder decision for the project.

Preparation Process

Unfortunately, the PMI does not provide the applicants with any training courses, but we ensure that you can find useful tips, which help you prepare for the PMI-RMP exam. All in all, it is recommended to do the following:

  • Download and review the PMI-RMP Handbook;
  • Look through the Exam Content Outline;
  • Study the Practice Standard for Project Risk Management;
  • Take up a formal study course offered by the accredited Authorized Training Partners or PMI chapters;
  • Observe the latest edition of ‘A Guide to the Project Management Body of Knowledge’.

All the links for these materials can be found on the official website.

Besides that, the potential candidates can use the other prep resources, such as practice tests, tutorials, videos, and books, which give them all the required knowledge and skills for the PMI-RMP exam.

Career Path

Holding the PMI Risk Management Professional certification allows to boost your career in the field of risk management to another level. There is a wide range of positions that you can opt for, including a Corporate Development Transaction Services Manager, a Construction Management Professional, a General Manager, a Network Program Manager, a Nurse Manager Risk Management, a Risk Management Analyst, Senior Software Engineer, and more. Besides that, these specialists can earn an average income of $65,000 per year.

Go to testing centre with ease on our mind when you use PMI PMI-RMP vce exam dumps, practice test questions and answers. PMI PMI-RMP PMI Risk Management Professional certification practice test questions and answers, study guide, exam dumps and video training course in vce format to help you study with ease. Prepare with confidence and study using PMI PMI-RMP exam dumps & practice test questions and answers vce from ExamCollection.

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