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PMI Risk Management Professional (PMI-RMP) Exam

Last Update Jul 1, 2025
Total Questions : 264 With Comprehensive Analysis

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PMI Risk Management Professional (PMI-RMP) Exam Questions and Answers

Questions 1

A risk manager is assigned to a new system deployment project with a strict contractually agreed-on schedule. One of the key risks identified is the availability of experts because many are shared on other strategic projects in the organization.

What should the risk manager do to address this situation?

Options:

A.

Implement a disciplined tracking method and report to stakeholders accordingly.

B.

Call for a project team meeting to review risk strategies and make required adjustments.

C.

Escalate the staffing topic to the sponsor and request more budget for contingencies.

D.

Revisit the project charter for scope adjustments and sign them off with the customer.

Questions 2

The project risk manager on a large firm fixed priced (FFP) contract has an up-to-date risk register with accurate and detailed information. What should the project risk manager do next?

Options:

A.

Recommend the removal of risks to the project manager to reduce project risk exposure.

B.

Advise the client that the project has exhausted contingency.

C.

Quantify the risk exposure that exceeds project contingency.

D.

Generate reports to assess and communicate the project risk level.

Questions 3

The risk manager conducted an updated Monte Carlo simul-ation for the project at the end of a phase. The simul-ation reveals a key activity is now on the critical path.

What recommendation should the risk manager make to the project manager?

Options:

A.

Add more float to the key activity

B.

Add more contingency to the project

C.

Review the plans for the key activity

D.

Increase the budget for the key activity