PMI RMP (Risk Management Professional) Practice Exams
2023 Risk Management Professional Exam: Practice to succeed
Description
This course contains practice questions to help you prepare for PMI's RMP (Risk Management Professional) exam. This course is having two practice exams. Each exam contains 70 questions. Attempt is made to make sure that every risk management concept is covered in these 140 total questions. The number of questions expected in the actual RMP exam are 115 questions (100 graded and 15 ungraded or testing questions). To succeed in this exam at least you need to understand following:
Risk definition and risk metalanguage
Concept of risk appetite, risk attitude, and risk threshold
How to read sensitivity analysis outputs (such as Tornado diagram, and Monte Carlo simulation outputs)
Difference between risk owner and risk action owners
All tools and techniques as mentioned in the PMBOK and the standard for risk management
Go through the PMI RMP test outline to make sure you understand each task
EMV calculations
Threat and Opportunities response strategies
Difference between residual, secondary, and primary risk
Most of the questions in these exams are scenario based questions to simulate the questions that you can expect in the actual exams. The questions contains detailed explanations as well as relevant references. Going through these questions can help people feel confident on the test day.
These exams can also be useful to people struggling in risk management knowledge area while attempting PMP exam.
It is highly recommended that you should have read through the PMBOK® guide's risk management knowledge area.
To comply with copyright law, and to make sure that minimal text is copied most of the explanation refers back to text book page numbers. Please keep the textbooks handy while analyzing your exams.
These practice exams are created on the basis of following references:
The Standard for Risk Management in Portfolios, Programs, and Projects (2019) Project Management Institute
A Guide to the Project Management Body of Knowledge (PMBOK® Guide), Seventh edition Project Management Institute
The Practice Standard for Project Risk Management covers (2009) Project Management Institute
All the very best!!
“The PMI® logo is a registered mark of the Project Management Institute, Inc.” “PMP®, and PMI®-RMP are all registered trademarks of the Project Management Institute, Inc.”
What You Will Learn!
- Understanding risk management knowledge area of PMBOK
- Understanding the risk planning, risk response implementation, and risk monitoring and control
- Understand how and where to use specific tools and techniques for risk management
- Identify and learns about threats and opportunities
Who Should Attend!
- Risk Managers, Project Managers, Project schedulers, and Program Managers etc.