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PMI RMP (RMP) Practice Tests & Test Prep by Exam Edge - FAQ

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Why should I use Exam Edge to prepare for the PMI Risk Management Professional Exam?

FAQ's for Exam Edge PMI Risk Management Professional practice tests

We have ten great reasons why Exam Edge is the #1 source on the internet when it comes to preparing for PMI Risk Management Professional test:

  • Comprehensive content: Exam Edge's PMI Risk Management Professional practice tests are created specifically to prepare you for the real exam. All our PMI RMP practice test questions parallel the topics covered on the real test. The topics themselves are covered in the same proportions as the real test too, based on outlines provided by the Project Management Institute in their PMI RMP test guidelines.

  • Realistic practice: Our PMI RMP practice exams are designed to help familiarize you with the real test. With the same time limits as the real exam, our practice tests enable you to practice your pacing and time management ahead of test day.

  • Detailed explanations: As you complete your practice tests, we show you which questions you answered correctly and which ones you answered incorrectly, in addition to providing you with detailed step-by-step explanations for every single PMI Risk Management Professional practice exam question.

  • Performance insights: After you complete a practice test, we provide you with your raw score (how many you answered correctly) and our estimate of the PMI RMP score you would have received if you had taken the real test.

  • Ease of access: Because all our practice tests are web-based, there is no software to install. You can take PMI RMP practice exams on any device with access to the internet, at any time.

  • Flexible use: If you must pause while taking one of our practice tests, you can continue right where you left off. When you continue the test, you will start exactly where you were, and with the same amount of time you had remaining.

  • Thousands of unique questions: We offer 5 different online practice exams with 500 unique questions to help you prepare for your PMI Risk Management Professional !

  • Low cost: The cost of ordering 5 practice tests is less than the cost of taking the real PMI RMP test. In other words, it would be less expensive to order 5 practice tests than to retake the real PMI Risk Management Professional exam!

  • Our trusted reputation: As a fully accredited member of the Better Business Bureau, we uphold the highest level of business standards. You can rest assured that we maintain all of the BBB Standards for Trust.

  • Additional support: If you need additional help, we offer specialized tutoring. Our tutors are trained to help prepare you for success on the PMI Risk Management Professional exam.

What score do I need to pass the PMI RMP Exam?

To pass the PMI Risk Management Professional test you need a score of 75.

The range of possible scores is 0 to 100.

How do I know the practice tests are reflective of the actual PMI Risk Management Professional ?

At Exam Edge, we are proud to invest time and effort to make sure that our practice tests are as realistic as possible. Our practice tests help you prepare by replicating key qualities of the real test, including:

  • The topics covered
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We have a team of professional writers that create our PMI Risk Management Professional practice test questions based on the official test breakdown provided by the Project Management Institute. We continually update our practice exams to keep them in sync with the most current version of the actual certification exam, so you can be certain that your preparations are both relevant and comprehensive.

Do you offer practice tests for other Project Management Institute subjects?

Yes! We offer practice tests for 7 different exam subjects, and there are 35 unique exams utilizing 3500 practice exam questions. Every subject has a free sample practice test you can try too!
PMI Certified Associate in Project Management (CAPM) Practice Tests
PMI Portfolio Management Professional (PfMP ® ) Practice Tests
PMI Professional in Business Analysis (PBA ® ) Practice Tests
PMI Program Management Professional (PgMP) (PgMP) Practice Tests
PMI Project Management Professional (PMP) Practice Tests
PMI Risk Management Professional (PMI-RMP ® ) Practice Tests
PMI Scheduling Professional (PMI-SP ® ) Practice Tests

To order tests, or take a sample test, for a different subject: Click on ' Name on the Exam Name' You will be take to the orders page

How do I register for the real Project Management Institute?

For up-to-date information about registration for the Project Management Institute, refer to the Project Management Institute website.

PMI Risk Management Professional - FAQ Sample Questions

The Perform Qualitative Risk Analysis process assesses and evaluates characteristics of individually identified project risks and prioritizes risks based on______________________________________________________.

Correct Answer:
agreed-upon characteristics
the perform qualitative risk analysis process is a crucial component in project management where the goal is to assess and evaluate the characteristics of identified project risks. this process helps prioritize these risks based on agreed-upon characteristics. the significance of using agreed-upon characteristics lies in the consistency and objectivity it brings to the risk assessment.

the process begins by identifying each risk individually, which allows for a detailed analysis of potential threats or opportunities that can affect the project. each risk is evaluated on the basis of its probability of occurrence and its potential impact on project objectives. this dual assessment helps in understanding both the likelihood of the risk happening and the severity of its consequence.

in qualitative risk analysis, the agreed-upon characteristics typically include factors such as the risk's probability and impact, but can also encompass other attributes relevant to the project's context or industry standards. these characteristics are agreed upon by project stakeholders or defined by project management methodologies and are used as a standard measure to ensure that all risks are evaluated uniformly.

the prioritization of risks based on these characteristics allows project managers and stakeholders to focus their attention and resources on the most significant risks. this prioritized list of risks helps in effective risk response planning and in making informed decisions to mitigate or avoid high-priority risks. also, this approach fosters transparency and consensus among project team members and stakeholders, as the criteria for prioritization are clear and agreed upon beforehand.

ultimately, the perform qualitative risk analysis process facilitates better risk management by providing a structured approach to identifying, assessing, and prioritizing project risks. this leads to more proactive and effective project management, where risks are managed and mitigated in a way that supports the project’s objectives and enhances the likelihood of its success.

The forum for risk identification on large projects is the same as for medium projects, namely a risk workshop attended by key stakeholders and facilitated by the risk champion.  The typical risk workshop is expected to last for ______________.

Correct Answer:
2 days
the correct answer to the duration typically expected for a risk workshop on large projects is 2 days.

in risk management, particularly for large-scale projects, it is crucial to systematically identify and assess potential risks that could impact the project's success. this process is often conducted through a risk workshop, which is a structured meeting involving key stakeholders. these stakeholders include project managers, technical experts, financial analysts, and anyone whose input might provide significant insight into potential risks and their impacts.

the duration of a typical risk workshop is set at 2 days to ensure a comprehensive examination of risks is accomplished. this timeframe allows for a detailed discussion of each identified risk, as well as the assessment of their likelihood and potential impact on the project. the first day is generally dedicated to the identification of risks, using tools and techniques such as brainstorming, interviews, and analysis of historical data from similar projects.

the second day of the workshop usually focuses on the assessment of these identified risks. this involves prioritizing the risks based on their potential impact and the likelihood of their occurrence. during this phase, mitigation strategies are also discussed, aiming to either reduce the probability of the risk occurring or to lessen its impact should it materialize.

it is important to note that while two days is typical, the actual duration can vary based on the project's complexity and the nature of the risks involved. for exceptionally large or complex projects, more time may be required to ensure a thorough risk analysis. additionally, the risk champion, who facilitates these workshops, may adapt the approach based on the specific needs of the project. for instance, a standard brainstorming session might be replaced or supplemented with a swot (strengths, weaknesses, opportunities, threats) analysis, adding an extra element of strategic planning to the risk identification and assessment process.

in conclusion, the duration of two days for a risk workshop is generally sufficient for most large projects to effectively identify and assess risks. this period allows stakeholders to engage deeply with the material, contributing their expertise to develop a robust risk management plan. however, flexibility in the approach and duration is crucial to adapt to the specific demands of each project.