[Jun 06, 2026] Pass Project Management Professional PMI-RMP Exam With 267 Questions
Ultimate Guide to Prepare Free PMI PMI-RMP Exam Questions and Answer
To be eligible for the PMI-RMP certification, a candidate must have a secondary degree, such as a high school diploma or an associate’s degree, along with 4,500 hours of project risk management experience and 40 hours of project risk management education. Alternatively, a candidate can have a four-year degree, along with 3,000 hours of project risk management experience and 30 hours of project risk management education.
PMI Risk Management Professional (PMI-RMP) credential is an esteemed certification offered by the Project Management Institute (PMI). PMI Risk Management Professional certification is designed for professionals who specialize in risk management and aim to enhance their expertise in identifying, assessing, and mitigating risks in projects. PMI-RMP certification is globally recognized and valued by organizations across industries as a mark of excellence in risk management.
NEW QUESTION # 66
Adrian is the project manager of the NHP Project. In her project there are several work packages that deal with electrical wiring. Rather than to manage the risk internally she has decided to hire a vendor to complete all work packages that deal with the electrical wiring. By removing the risk internally to a licensed electrician Adrian feels more comfortable with project team being safe.
What type of risk response has Adrian used in this example?
- A. Mitigation
- B. Avoidance
- C. Transference
- D. Acceptance
Answer: C
NEW QUESTION # 67
What are critical success factors for the Plan Risk Responses process?
- A. Define roles and responsibilities, address threats and opportunities, address interaction of risks and responses, and specify timing of responses
- B. Define roles and responsibilities, address threats and opportunities, categorize risk causes, and addresses interaction of risks and responses
- C. Identify appropriate project model, define roles and responsibilities, address threats and opportunities, and addresses interaction of risks and responses
- D. Collect high-quality information about risks, address threats and opportunities, address interaction of risks and responses, and specify timing of responses
Answer: A
NEW QUESTION # 68
Towards the end of definitive design, project costs have increased to the point where it will be classified as a capital asset project. The customer has expressed they want one final total project completion date and will afford no extensions after it is established.
How should the risk manager proceed?
- A. Perform a qualitative risk analysis and update the results.
- B. Perform a quantitative risk analysis and update the results.
- C. Update the assumptions/exclusions register with the new information.
- D. Update the risk register and prepare for the Monte Carlo analysis.
Answer: B
Explanation:
Explanation
The risk manager should perform a quantitative risk analysis to determine the potential impact of risks on the project's completion date. This will help in providing a more accurate project completion date to the customer, considering the risks and their potential effects on the project schedule.
According to the PMI Risk Management Professional (PMI-RMP) Examination Content Outline1, one of the tasks in the domain of Risk Analysis is to perform quantitative risk analysis using techniques such as Monte Carlo simulation, decision tree analysis, sensitivity analysis, etc., to quantify the possible outcomes for the project and their probabilities, and to evaluate the cost and schedule impacts of risks1. In this scenario, the risk manager should perform a quantitative risk analysis and update the results, because the project costs have increased significantly and the customer has imposed a strict deadline for the project completion. A quantitative risk analysis will help the risk manager to estimate the probability of meeting the project objectives, such as cost and schedule, and to determine the appropriate contingency reserves for the project. A quantitative risk analysis will also provide more accurate and reliable information for the customer and the project team, and will support the risk response planning process2. References: 1: PMI Risk Management Professional (PMI-RMP) Examination Content Outline, page 92: A Guide to the Project Management Body of Knowledge (PMBOK Guide) - Sixth Edition, pages 431-432.
NEW QUESTION # 69
A project's design has been completed and approved on time. The construction subcontractor should be mobilizing to start construction but does not have the necessary materials in place, causing a delaying in the project. The risk register only contains risks for the design phase of the project.
What should the project manager have done differently?
- A. Executed the Monte Carlo sensitivity analysis prior to mobilization
- B. Performed risk identification exercises for the full lifecycle of the project
- C. Reviewed the assumptions/exclusions register in the project charter
- D. Added generic construction risks to the risk register before construction began
Answer: B
Explanation:
The project manager should have performed risk identification exercises for the full lifecycle of the project, including the construction phase, to ensure that all potential risks were identifiedand addressed in the risk register.
Risk identification is the process of determining the risks that may affect the project and documenting their characteristics. Risk identification should be performed throughout the project lifecycle, as new risks may emerge or change over time. Risk identification should also consider all aspects of the project, such as scope, schedule, cost, quality, resources, stakeholders, and procurement. By performing risk identification exercises for the full lifecycle of the project, the project manager could have identified and planned for the potential risks associated with the construction phase, such as delays, material shortages, quality issues, or safety hazards. This would have helped to prevent or mitigate the impact of the risk event that occurred, and to ensure that the risk register is updated and comprehensive. Performing a Monte Carlo sensitivity analysis, adding generic construction risks, or reviewing the assumptions/exclusions register are not sufficient or effective ways of identifying the specific risks that may affect the project during the construction phase. These are either tools for risk analysis, risk response planning, or project initiation, but not risk identification.
References: PMI-RMP® Certification Handbook1, page 9; PMBOK® Guide, pages 397-398.
NEW QUESTION # 70
After a number of risk workshops, risks have been identified. Which is the first element the risk owner should look for in the response plan to help mitigate the risks?
- A. Verify due dates for the actions have been identified
- B. Probability of a response triggering a secondary risk
- C. How the response will affect the quality of the components
- D. If the risk response is tied to an activity on the critical path
Answer: A
Explanation:
The first element the risk owner should look for in the response plan is to verify that due dates for the actions have been identified. This ensures that risk mitigation actions are timely and can be effectively monitored.
After identifying the risks and assigning risk owners, the next step is to develop risk response plans that describe how to address each risk. The first element that the risk owner should look for in the response plan is the due date for the actions that are required to implement the response. The due date is important because it helps to prioritize the risk response activities, monitor the progress of the risk response, and ensure that the response is executed in a timely manner. The due date also helps to align the risk response with the project schedule and avoid any delays or conflicts. The other elements, such as the probability of a secondary risk, the impact on the quality of the components, and the relationship with the critical path, are also relevant for the risk response plan, but they are not the first element that the risk owner should look for. References: PMI,
2017. A Guide to the Project Management Body of Knowledge (PMBOK® Guide) - Sixth Edition. Newtown Square, PA: Project Management Institute, Inc., pp. 407-4081
NEW QUESTION # 71
You are the project manager of the BJA Project for your company. Management is worried about one of the identified risks in your project. The risk event has a probability of 90 percent and a cost impact of $85,000. Management and you discuss possible solutions to address the risk. You share with them that for $75,000 you can reduce the probability of the risk event to 15 percent and the impact to $25,000. This solution will add three weeks to the project schedule.
Management thinks this is a good idea and they would like you to add the time and cost additions to your project plan.
What type of risk response is used?
- A. Exploit
- B. Mitigation
- C. Avoidance
- D. Acceptance
Answer: B
NEW QUESTION # 72
The project manager leading a company's digital signature initiative for engineering drawings has identified threats and opportunities using a strengths, weaknesses, opportunities, and threats (SWOT) analysis.
What are two potential threats or opportunities under the SWOT analysis? (Choose two.)
- A. A growing number of competitors with digital signatures.
- B. The organization's professional engineers having reservations about possible information tampering.
- C. An elimination of manual steps associated with recording wet signatures
- D. The growing adoption of mobile communications in the industry.
- E. The management team agreeing to include more resource for the digital signature initiative.
Answer: A,B
Explanation:
SWOT analysis identifies strengths, weaknesses, opportunities, and threats. In this case, B and C are potential threats or opportunities. B is a threat as engineers' reservations may hinder the initiative, and C is an opportunity as growing competition may drive the company to improve its digital signature capabilities.
A SWOT analysis is a technique used to identify the strengths, weaknesses, opportunities, and threats of a project, organization, or option. It helps to evaluate the internal and external factors that can affect the project' s success or failure. In this question, the project manager has used a SWOT analysis to identify the threats and opportunities for the digital signature initiative. A threat is an external factor that can negatively impact the project's objectives, while an opportunity is an external factor that can positively impact the project's objectives. Therefore, two potential threats or opportunities under the SWOT analysis are:
* B. The organization's professional engineers having reservations about possible information tampering.
This is a threat because it can reduce the acceptance and adoption of the digital signature initiative by the key stakeholders, who are the professional engineers. They may have concerns about the security, reliability, and validity of the digital signatures, and may prefer to use the traditional wet signatures.
This can affect the project's scope, quality, and stakeholder satisfaction.
* C. A growing number of competitors with digital signatures. This is an opportunity because it can create a competitive advantage for the organization, as it can offer faster, cheaper, and more efficient services to its clients. The digital signature initiative can also help the organization to comply with the industry standards and regulations, and to enhance its reputation and brand image. This can affect the project's schedule, cost, and profitability.
The other options are not threats or opportunities under the SWOT analysis, because they are either internal factors or not relevant to the project's objectives. They are:
* A. The management team agreeing to include more resource for the digital signature initiative. This is a strength, not a threat or an opportunity, because it is an internal factor that can help the project to achieve its objectives. It can provide more support, expertise, and funding for the project, and improve the project's performance and quality.
* D. An elimination of manual steps associated with recording wet signatures. This is a benefit, not a threat or an opportunity, because it is an outcome or result of the project, not a factor that can affect the project. It can improve the efficiency, accuracy, and convenience of the project's deliverables, and reduce the errors, delays, and costs associated with the wet signatures.
* E. The growing adoption of mobile communications in the industry. This is a trend, not a threat or an opportunity, because it is a general change or development in the industry, not a specific factor that can affect the project. It can influence the demand, expectations, and preferences of the project's customers and stakeholders, but it does not directly impact the project's objectives.
References: PMI, 2017. A Guide to the Project Management Body of Knowledge (PMBOKGuide) - Sixth Edition. Newtown Square, PA: Project Management Institute, Inc., pp. 375-3761 PMI, 2019. Practice Standard for Project Risk Management. Newtown Square, PA: Project Management Institute, Inc., p. 182
NEW QUESTION # 73
While performing risk identification exercises, the risk manager often encounters biases from the project team. How can the risk manager accurately identify what will trigger a risk?
- A. Review published operational experience reports
- B. Use the mean answers provided by the project team
- C. Review the results with the project manager afterward
- D. Remind the project team to keep an open mind
Answer: A
NEW QUESTION # 74
You are the project manager for a construction project. The project includes a work that involves very high financial risks. You decide to insure processes so that any ill happening can be compensated. Which type of strategies have you used to deal with the risks involved with that particular work?
- A. Accept
- B. Transfer
- C. Avoid
- D. Mitigate
Answer: B
NEW QUESTION # 75
ww Mary is a project manager in her organization. On her current project she is working with her project team and other key stakeholders to identify the risks within the project. She is currently aiming to create a comprehensive list of project risks so she is using a facilitator to help generate ideas about project risks. What risk identification method is Mary likely using?
- A. Brainstorming
- B. Expert judgment
- C. Delphi Techniques
- D. Checklist analysis
Answer: A
NEW QUESTION # 76
A risk manager of a major project facilitates a meeting to develop the risk management plan. What two factors does the risk manager need to consider to ensure an effective risk management plan is developed? (Choose two.)
- A. Ensuring risk response strategies mitigate all risks.
- B. Minimizing implementation costs.
- C. Aligning to project constraints and priorities.
- D. Obtaining stakeholder acceptance
- E. Applying modern risk management techniques.
Answer: C,D
Explanation:
Explanation
To ensure an effective risk management plan, the risk manager needs to consider aligning the plan to project constraints and priorities and obtaining stakeholder acceptance, as these factors will help ensure that the plan is relevant and supported by the project team and stakeholders.
NEW QUESTION # 77
You work as a project manager for TechSoft Inc. You are working with the project stakeholders on the qualitative risk analysis process in your project. You have used all the tools to the qualitative risk analysis process in your project. Which of the following techniques is NOT used as a tool in qualitative risk analysis process?
- A. Risk Data Quality Assessment
- B. Risk Reassessment
- C. Risk Urgency Assessment
- D. Risk Categorization
Answer: B
NEW QUESTION # 78
Your organization, as part of its enterprise environmental factors, has established risk governance to be implemented in each project. Part of this governance is the reassessment of risks within each project. How much detail and repetition in approach for risks to be reassessed for probability and impact?
- A. The amount of detail of repetition that is appropriate depends on how the project progresses relative to its objectives.
- B. Each risk reassessment should go into the same depth as the original risk assessment activity.
- C. The level of detail and reassessment should reflect the priority of the project.
- D. The probability and impact of risk event should determine the level of reassessment throughout the project lifecycle.
Answer: A
NEW QUESTION # 79
Who is the most appropriate person to conduct a risk identification brainstorming session?
- A. Project manager
- B. Project sponsor
- C. Facilitator
- D. Subject matter expert
Answer: C
NEW QUESTION # 80
An organization performs an annual strategies and initiatives workshop during which a strengths, weaknesses, opportunities, and threats (SWOT) analysis is being conducted. As part of this process the functional managers identify the opportunities and threats.
What should the risk manager do next?
- A. Update the risk register with the identified risks
- B. Utilize different tools to identify the risks
- C. Plan risk responses to the threats
- D. Add only the threats to the risk register
Answer: A
Explanation:
The risk manager should update the risk register with both the opportunities and threats identified during the SWOT analysis. This will help in tracking and managing all potential risks throughout the project lifecycle.
Update the risk register with the identified risks Comprehensive and Detailed 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 update the risk register with identified risks, causes, categories, and potential responses1. A risk register is a document used to track and report on project risks and opportunities throughout the project's life cycle2. In this scenario, the risk manager should update the risk register with the identified risks, both opportunities and threats, that result from the SWOT analysis. The risk manager should also include the causes, categories, and potential responses for each risk, as well as other relevant information such as probability, impact, priority, owner, etc. The risk manager should not add only the threats to the risk register, because opportunities are also a type of risk that can have a positive effect on the project objectives and should be recorded and managed accordingly3. The risk manager should not utilize different tools to identify the risks, because the SWOT analysis is a valid and useful tool for risk identification and there is no indication that it was insufficient or inappropriate for the project context4. The risk manager should not plan risk responses to the threats, because that is a separate process that comes after risk identification and requires further analysis and evaluation of the risks5. Reference: 1: PMI Risk Management Professional (PMI-RMP)Examination Content Outline, page 82: Risk Register in Project Management - Project Management Academy63: A Guide to the Project Management Body of Knowledge (PMBOKGuide) - Sixth Edition, page 3974: How to Perform a SWOT Analysis - Project Risk Coach25: A Guide to the Project Management Body of Knowledge (PMBOKGuide) - Sixth Edition, page 440.
NEW QUESTION # 81
......
PMI-RMP Exam covers various aspects of risk management, including risk planning, risk identification, risk analysis, risk response planning, and risk monitoring and control. PMI-RMP exam is based on the PMI’s Guide to the Project Management Body of Knowledge (PMBOK Guide) and the Practice Standard for Project Risk Management. It is a rigorous exam that requires extensive preparation, which includes studying the PMBOK Guide and the practice standard, taking practice exams, and participating in training programs. Upon passing the exam, individuals will earn the PMI-RMP certification, which is recognized globally and demonstrates their proficiency in risk management.
PMI Risk Management Professional Practice Tests 2026 | Pass PMI-RMP with confidence!: https://drive.google.com/open?id=1EdEBWEDrSvemO4g3UYzbATfvahsiAUik
Pass PMI-RMP Tests Engine pdf - All Free Dumps: https://www.examtorrent.com/PMI-RMP-valid-vce-dumps.html
