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PMI-RMP exam Format | PMI-RMP Course Contents | PMI-RMP Course Outline | PMI-RMP exam Syllabus | PMI-RMP exam Objectives

Number of questions: 115 total questions

Unscored (pretest) questions: 15 of the 115 are unscored (pretest) and do not count toward the score

Scored questions: 100 questions (i.e. 115 – 15)

Exam duration / time allotted: 150 minutes (2.5 hours)

Breaks: There is an optional 10-minute break roughly mid-way; the break time is not included in the 150 minutes

Languages: Offered in multiple languages- including English- Arabic- Chinese (Simplified)

Question formats: A mix of multiple-choice and multiple-answer (multi-select) questions



Domain I Risk Strategy and Planning 22%



Task 1 Perform a preliminary document analysis



- Gather and review documents

- provide examples of preliminary documents to review prior to risk identification includes industry benchmarks (if available)- previous lessons learned- historical data- and the sources of the above information.

- Determine and assign who is responsible for the preliminary document analysis (e.g.- project manager- risk manager- financial controller)

- Establish documents relevant to the risk process



Task 2 Assess project environment for threats and opportunities



- Determine which OPA / EEF / project methodology is needed (e.g.- agile- waterfall- hybrid- etc.)

- Analyze the different environmental factors to be considered in the planning phase (e.g.- PESTLE- SWOT analysis)

- Determine the organizational and cultural risk appetite

- Analyze environment for risk culture maturity

- Evaluate the project management information system process and data

- Conduct a stakeholder analysis

- Analyze constraints to risk management

- Government- market laws/rules- organizational- environmental- and technical risks

- Focus stakeholders on creating a culture of risk awareness

- Determine business driver of project- including key assumptions- benefits- and materialization of project.



Task 3 Confirm risk thresholds based on risk appetites



- Align project risk thresholds to organizational risk appetite

- Calculate the risk the organization can absorb (e.g.- financial- scope- environmental- technical- legal- schedule- quality- contract- etc.)

- Discuss risk thresholds

- Lead conflict resolutions between stakeholders in agreeing on risk appetite



Task 4 Establish risk management strategy



- Establish risk processes and tools

- Provide risk management templates/forms

- Determine risk metrics

- Identify risk categories

- Coach/mentor team on risk management best practices (servant leadership)

- Lead stakeholders to adopt the risk strategy



Task 5 Document the risk management plan



- Define organizational risk roles and responsibilities

- Align roles and responsibilities with a project RAM (e.g.- RACI) chart

- Prepare a list of the key artifacts/resources that will be used to compile a risk management plan

- Outline the list of key risk management activities (e.g.- who- what- when- where- how)

- Explain how the Risk Breakdown Structure (RBS) can be used to support the risk management plan

- Define a risk communication plan

- Define risk prioritization criteria

- Define stakeholder empowerment and education strategy



Task 6 Plan and lead risk management activities with stakeholders



- Collaborate with the team that would conduct the risk planning on the project

- Leverage stakeholder analysis done by the project manager

- Manage stakeholder risk appetite and attitudes

- Engage stakeholders in the risk prioritization process

- Set appropriate expectations with stakeholders on the rules of engagement

- Tailor risk communication for stakeholders

- Lead stakeholder empowerment for risk strategies in the risk management plan

- Train- coach- and educate stakeholders in risk principles and processes in order to create shared understanding of principles and processes- and foster engagement in risk management



Domain II Risk Identification 23%



Task 1 Conduct risk identification exercises



- Conduct meetings- interviews- focus groups- and other SME support activities

- Perform detailed analyses of risk identification exercise results

- Analyze documents- audio transcripts- telemetry data- etc. and understand business context of information

- Indicate risks as threats or opportunities



Task 2 Examine assumption and constraint analyses



- Leverage the results of the assumption and constraint analysis

- Categorize assumptions and constraints

- Assess the risk associated with each assumption and/or constraint

- Recognize the relationship between assumptions and/or constraints- and project objectives (e.g.- predict the cascade effect of project stakeholder holiday schedules on project timelines)

- Encourage stakeholders to challenge assumptions and constraints



Task 3 Document risk triggers and thresholds based on context/environment



- Assess- confirm- and document risk compliance thresholds- and categories against updated risk data

- Assess and document risk triggers- causes and timing

- Assess and document risk consequences and/or impact

- Empower stakeholders to challenge existing thresholds



Task 4 Develop risk register



- Analyze the validity of identified risks and triggers

- Examine the risk attributes like probability- impact- urgency

- Establish risk origin and ownership e.g.- internal/external

- Classify risks as threats or opportunities



Domain III Risk Analysis 23%



Task 1 Perform qualitative analysis



- Perform a nominal classification or risks in the RBS using classifications from the risk management plan (e.g.- environment- organizational- project management- technical- etc.)

- Estimate the impact of risk on project schedule- budget- resources- and scope

- Prioritize the risk based on impact- and urgency

- Apply the risk matrices

- Agreed-upon exam approach- Historical information- Definitions of probability and impact- Risk categories- Preestablished criteria

- Perform an ordinal classification

- Coach stakeholders on risk categorization strategies



Task 2 Perform quantitative analysis



- Analyze risk data and process performance information against established metrics

- Analyze a project's general risks

- Perform a forecast and trend analysis on new and historical information

- Perform sensitivity analysis

- Monte Carlo- decision trees- critical path- expected monetary value- etc.

- Perform risk weighting and calculate risk priority



Task 3 Identify threats and opportunities



- Assess project risk complexity

- SWOT analysis- Ishikawa- Tree Diagram

- Perform an impact analysis on project objectives

-project scopes- schedule cost- and resources- quality- and stakeholders

- Assess project compliance objectives against organizational strategic objectives

- procedures- project plans- corporate- and project governance- regulatory governance

- Empower stakeholders to independently identify threats and opportunities



Domain IV Risk Response 13%



Task 1 Plan risk response



- Determine appropriate risk response strategy

- avoid- accept- mitigate- enhance- contingency planning etc.

- Decide the risk response actions (time bound) based on the risk response strategies and identify action owners

- Assess the effectiveness of the risk response actions against the identified strategy and the project objectives impact

- cost/schedule/environment etc.- effect of the action on the probability or the risk impact

- Illustrate and communicate effectiveness of the risk response strategies

- risk burndown chart- dot plots

- Determine the work around

- Allocate responsibilities

- Outline an appropriate responsibility matrix for a metricized project environment

- Re-evaluate organizational risks



Task 2 Implement risk response



- Execute the risk response plan(s)

- Execute the contingency plan(s)

- Encourage stakeholders to provide feedback on the risk response

- Evaluate and react to secondary and residual risks from the response implementation - Improvise as needed



Domain V Monitor and Close Risks 19%



Task 1 Gather and analyze performance data



- Reconcile performance data & reports from risk relevant work packages

- Analyze data to determine the completion status against the baseline

- Perform a variance analysis

- Monitor impact against overall project risk exposure to enterprise



Task 2 Monitor residual & secondary risks



- Monitor risk response and document residual risk

- Monitor risk response for secondary risks

- Assess impact of residual and secondary risks on project objectives

- Update and communicate impact of residual and secondary risks



Task 3 Provide information required to update relevant project documents



- Aggregate and summarize risk data- and update project documents

- risk register- lessons learned- project management plan- change

logs etc.

- Monitor and close out expired risks



Task 4 Monitor project risk levels



- Assess project risk level

- Prepare reports for different stakeholders

- Communicate risk levels to key stakeholders

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