100% PMI-RMP Correct Answers, PMI-RMP Exam Engine

P.S. Free & New PMI-RMP dumps are available on Google Drive shared by ExamcollectionPass: https://drive.google.com/open?id=1zCNbqfWE3BpZjlT2AoXL_-60qGQ5tBPv

You can land your ideal job and advance your career with the PMI PMI-RMP certification. Success in the PMI PMI-RMP exam verifies your talent to perform crucial technical tasks. Preparation for this PMI PMI-RMP exam is a tricky task. Make sure you choose the top-notch PMI PMI-RMP Study Materials to get ready for this exam. For your smooth PMI-RMP test preparation, ExamcollectionPass provides updated PMI-RMP practice material with a success guarantee.

Achieving the PMI-RMP Certification can provide numerous benefits to professionals in the project management field. It demonstrates a high level of expertise in risk management and can lead to increased career opportunities and higher salaries. PMI Risk Management Professional certification can also enhance a professional's credibility and provide recognition within their industry.

>> 100% PMI-RMP Correct Answers <<

Practical 100% PMI-RMP Correct Answers | Amazing Pass Rate For PMI-RMP Exam | Valid PMI-RMP: PMI Risk Management Professional

Our test engine has been introduced for the preparation of PMI-RMP practice test and bring great convenience for most IT workers. It will make you feel the atmosphere of the PMI-RMP actual test and remark the mistakes when you practice the exam questions. We strongly recommend that you should prepare your PMI-RMP Exam PDF with our test engine before taking real exam.

PMI Risk Management Professional Sample Questions (Q145-Q150):

NEW QUESTION # 145
Upon reviewing the risk analysis results, the project manager notices several risks that occur more frequently than others. What should the project manager do?

A. Implement the risk handling strategies for those risks
B. Reduce the probabilities of those risks on the risk register
C. Request additional management reserve for those risks
D. Transfer ownership of those risks to the customer

Answer: C

Explanation:
The project manager should implement the risk handling strategies for the risks that occur more frequently, as this will help reduce their impact on the project and improve overall project performance.
Exploit is a positive risk response strategy that aims to ensure that the opportunity is realized 1. It involves eliminating the uncertainty associated with a particular upside risk and making it happen 2. For example, if there is an opportunity to reduce the project cost by using a cheaper supplier, the project manager can exploit it by signing a contract with the supplier and securing the savings. Exploit is the opposite of avoid, which is a negative risk response strategy that seeks to eliminate the threat or protect the project from its impact 2.
The other options are not appropriate for taking full advantage of opportunities. Mitigate is a negative risk response strategy that reduces the probability and/or impact of a threat 2. It is the opposite of enhance, which is a positive risk response strategy that increases the probability and/or impact of an opportunity 1. Accept is a risk response strategy that involves acknowledging the risk and not taking any action unless the risk occurs 2.
It can be applied to both threats and opportunities, but it does not actively pursue them. Transfer is a negative risk response strategy that shifts the impact of a threat to a third party, along with ownership of the response 2. It is the opposite of share, which is a positive risk response strategy that allocates ownership of an opportunity to a third party who is best able to capture it for the benefit of the project 1.
References: 1: How To Exploit and Enhance Project Opportunities - Project Risk Coach 2 2: A Guide to the Project Management Body of Knowledge (PMBOKGuide) - Sixth Edition, page 443-4451

NEW QUESTION # 146
Diana is the project manager of the QPS project for her company. In this project Diana and the project team have identified a pure risk. Diana and the project team decided, along with the key stakeholders, to remove the pure risk from the project by changing the project plan altogether.
What is a pure risk?

A. It is a risk event that is generated due to errors or omission in the project work.
B. It is a risk event that is created by a risk response.
C. It is a risk event that cannot be avoided because of the order of the work.
D. It is a risk event that only has a negative side, such as loss of life or limb.

Answer: D

NEW QUESTION # 147
The risk manager for an IT project developing a software application has a major stakeholder concerned that the project will not conclude within the available funding. The risk manager found delays in the iterations and increments in the project's budget, potentially increasing the duration by two weeks.
What tools should the risk manager use to properly decide the risk of not finishing the project within the budget?

A. Estimation and probability analysis tools (i.e. Monte Carlo simulations)
B. Team performance reports and analysis tools
C. Stakeholder management and communication tools
D. Schedule management tools (i.e., Gantt Charts)

Answer: A

Explanation:
In a situation where there are concerns about finishing the project within the budget due to delays and cost increments, using estimation and probability analysis tools, such as Monte Carlo simulations, is appropriate.
These tools help the risk manager to model potential outcomes based on different scenarios, providing a statistical probability of staying within the budget or finishing on time. This data-driven approach allows for more informed decision-making regarding the project's financial risks.

NEW QUESTION # 148
You work as a project manager for SoftTech Inc. You are working with the project stakeholders to begin the qualitative risk analysis process. Which of the following inputs will be needed for the qualitative risk analysis process in your project? Each correct answer represents a complete solution. Choose all that apply.

A. Project scope statement
B. Risk register
C. Organizational process assets
D. Cost management plan

Answer: A,B,C

NEW QUESTION # 149
A company has a project whose objective is to extract gold reserves from Field 1. However, another field closest to the company. Field 2, which has a higher probability of having twice as much gold reserves than Field 1. The risk manager requests the board of Directors to include Field 2 under the scope of the current project by management of change because the project's profitability will increase by 80%.
What type of request is the risk manager describing?

A. A challenge to stakeholder thresholds
B. A challenge to the project investment
C. A request to increase project earnings
D. A request to increase project resources

Answer: A

NEW QUESTION # 150
......

Additionally, students can take multiple PMI PMI-RMP exam questions, helping them to check and improve their performance. Three formats are prepared in such a way that by using them, candidates will feel confident and crack the PMI Risk Management Professional (PMI-RMP) actual exam. These three formats suit different preparation styles of PMI-RMP test takers.

PMI-RMP Exam Engine: https://www.examcollectionpass.com/PMI/PMI-RMP-practice-exam-dumps.html

P.S. Free & New PMI-RMP dumps are available on Google Drive shared by ExamcollectionPass: https://drive.google.com/open?id=1zCNbqfWE3BpZjlT2AoXL_-60qGQ5tBPv