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PMI Certification PMI Risk Management Professional (PMI-RMP) Exam

PMI Risk Management Professional (PMI-RMP) Exam

Last Update Sep 8, 2026
Total Questions : 333

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Questions 2

A budget change request was initiated by a functional manager in an organization due to a shortage in the functional manager ' s department budget. The functional manager asks the CEO to approve utilization of a contingency budget reserved for one of the projects in its closing phase.

What should the risk manager of the related project have done to prevent this situation from happening?

Options:

Reformed the risk monitoring and closing process properly.

Created the project work plan and budget more accurately.

Educated the project team on budget change requests.

Communicated better with the organization ' s CEO.

Discussion 0

Questions 3

A project manager is assigned to a new project and is told they need to develop the project ' s risk register. When should the project manager identify the project risks?

Options:

Identify risks only at the project ' s midpoint for the stakeholders to review them

Ensure project team members proactively identify risks throughout the project to plan for possible response strategies

Identify risks at the beginning of the project because the risk posture will not change

Delegate risk identification to each team member and have them record the risks on separate risk registers for their areas

Discussion 0

Questions 4

During a risk reassessment workshop with the project team and some external stakeholders, two key external stakeholders are overemphasizing the impact of a few project risks. This has led to a conflict.

How should the risk manager handle this situation?

Options:

Request for a skilled facilitator to help resolve conflicts that have arise.

Refer to the team’s ground rules on how to resolve conflicts.

Run a sensitivity analysis to check which risks have the most impact.

Use the assumption analysis techniques to validate the assumptions.

Discussion 0

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Questions 5

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:

Implement a disciplined tracking method and report to stakeholders accordingly.

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

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

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

Discussion 0

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