RELIABLE PMI-RMP TEST BRAINDUMPS | PMI-RMP EXAM VCE FREE

Reliable PMI-RMP Test Braindumps | PMI-RMP Exam Vce Free

Reliable PMI-RMP Test Braindumps | PMI-RMP Exam Vce Free

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PMI-RMP certification exam is designed to test the knowledge and skills of candidates in the area of risk management. PMI-RMP exam consists of 170 multiple-choice questions that are divided into five domains. These domains are risk strategy and planning, stakeholder engagement, risk process facilitation, risk monitoring and reporting, and performing specialized risk analysis. PMI-RMP exam is designed to test the candidate's ability to apply risk management concepts and techniques in real-world situations.

To qualify for the PMI-RMP Exam, individuals must have a minimum of 4,500 hours of experience in risk management and 40 hours of project risk management education. Additionally, individuals must hold a secondary degree, such as a high school diploma or equivalent. PMI-RMP exam itself consists of 170 multiple-choice questions and must be completed within a four-hour timeframe.

PMI Risk Management Professional Sample Questions (Q109-Q114):

NEW QUESTION # 109
The risk manager also serves as a facilitator for a project and realizes the project team members have biases impacting how they perceive risks. What analysis is currently being used?

  • A. Qualitative risk analysis
  • B. Force field analysis
  • C. Quantitative risk analysis
  • D. Stakeholder analysis

Answer: A

Explanation:
Explanation
The analysis currently being used is qualitative risk analysis. Qualitative risk analysis involves assessing risks based on their likelihood of occurrence and their potential impact on the project. This type of analysis can help identify biases that may be impacting how team members perceive risks.
Qualitative risk analysis is the process of prioritizing individual project risks for further analysis or action by assessing their probability of occurrence and impact as well as other characteristics. Qualitative risk analysis helps to identify the most significant risks that require attention and response planning. One of the tools and techniques used in qualitative risk analysis is risk data quality assessment, which evaluates the degree to which the data about individual project risks is useful for risk management. Risk data quality assessment considers various aspects of data quality, such as reliability, accuracy, integrity, precision, and bias. Bias is the tendency of human judgment to be influenced by personal or organizational preferences, assumptions, beliefs, or emotions, rather than by objective facts or evidence. Bias can affect how project team members perceive and assess risks, leading to inaccurate or incomplete risk analysis results. Therefore, the risk manager who realizes the project team members have biases impacting how they perceive risks is currently using qualitative risk analysis to prioritize the risks and assess the quality of risk data. References: PMI, Practice Standard for Project Risk Management, 2009, p. 37-38, 41-42.


NEW QUESTION # 110
A risk manager on an infrastructure project gathers and analyzes performance data. The risk manager wants to identify which variables will impact the schedule and determine how these factors interact.
Which data analysis tool should the risk manager use to forecast future performance?

  • A. What-if scenario analysis
  • B. Regression analysis
  • C. Sensitivity analysis
  • D. Decision tree analysis

Answer: A

Explanation:
Regression analysis is a data analysis tool that helps identify variables that impact the schedule and determine how these factors interact. It is used to forecast future performance based on historical data and the relationship between variables. (Reference: PMBOK Guide, 6th Edition, p. 248) According to the PMI Risk Management Professional (PMI-RMP) Reference Materials, regression analysis is a data analysis tool that examines the relationship between one or more independent variables and a dependent variable1. Regression analysis can be used to forecast future performance based on historical data and trends2. In this case, the risk manager wants to identify which variables will impact the schedule (the dependent variable) and determine how these factors interact (the independent variables). Therefore, the risk manager should use regression analysis to create a mathematical model that can predict the schedule performance based on the values of the variables. Regression analysis can also help the risk manager to assess the significance and strength of the relationship between the variables and the schedule3.
References: 1: PMI, A Guide to the Project Management Body of Knowledge (PMBOKGuide), Sixth Edition, 2017, p. 720 2: PMI, Practice Standard for Project Risk Management, 2009, p. 95 3: Tips and Tricks for Passing the Risk Management Professional (PMI-RMP ...


NEW QUESTION # 111
____ analysis is a statistical concept that calculates the average outcome when the future includes scenarios that may or may not happen.

  • A. Expert judgment
  • B. Sensitivity
  • C. Modeling and simulation
  • D. Expected monetary value

Answer: D


NEW QUESTION # 112
You are the project manager for the ABC organization. Your current project has 75 internal stakeholders and 245 external stakeholders. Many of the risks within your project will only affect the internal stakeholders, but several of the identified risk events will affect the external stakeholders. Management would like to know the total number of communication channels in the project. How many communication channels exist in this project?

  • A. 51,040
  • B. 102,080
  • C. 0
  • D. 1

Answer: A


NEW QUESTION # 113
A risk manager has identified multiple risks in an innovation project and needs to prioritize the use of resources to respond to the risks. Which analysis will help the risk manager in this situation?

  • A. Statistical analysis
  • B. Qualitative analysis
  • C. Impact analysis
  • D. Sensitivity analysis

Answer: B


NEW QUESTION # 114
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