PMI PMI-RMP Practice Exams
Last updated on Oct 22,2026- Exam Code: PMI-RMP
- Exam Name: PMI Risk Management Professional
- Certification Provider: PMI
- Latest update: Oct 22,2026
The risk manager loaded the risk register, built the risks into the simulation software, and ran the Monte Carlo analysis The P80 and P90 end dates are the same as the deterministic date .
What should be the risk manager’s next step?
- A . Check the schedule for constraints
- B . Decrease the risk consequences
- C . Decrease the number of iterations
- D . Use the P90 date on the risk report
A risk manager monitors risks on a medium-sized project by collecting inputs and data from individual project team members .
What output is produced by the risk manager after analyzing the information they receive?
- A . Updated probability and impact matrix
- B . Updated risk register
- C . Updated mitigation plans
- D . Updated project schedule
Stakeholder holiday schedules and availability of raw materials were two risks initially identified in a
manufacturing project. The risk manager now notices that both risks are not quite as originally
described and might require a plan change.
What should the risk manager do next?
- A . Consult with the project manager to agree that these risks should be removed from the risk register
- B . Keep the risks in the risk register and continue to follow up until the change actually takes place.
- C . Identify workarounds that can be implemented whether or not the change takes place.
- D . Revisit the project the assumptions and constraints to potentially update the risk impact and response.
While developing a risk management plan for a complex program in a metricized environment, a program management team is itemizing a response plan for each identified risk that appears in the risk register .
What should the risk manager do to effectively monitor the risks?
- A . Present the complicated nature of the program risk responses to the sponsor for proper advice.
- B . Determine the workarounds for the program risks and allocate responsibilities to the team.
- C . Allow the most experienced program manager to handle the most critical program risks.
- D . Encourage the program team to assume risk ownership prior to delegation.
In reviewing the team’s identified project risks, a project manager identified an opportunity to assign more resources to ensure the company receives the project’s incentive payment for early completion.
In implementing this plan, which response should the risk manager use?
- A . Exploit
- B . Accept
- C . Share
- D . Enhance
During the risk management planning, key stakeholders recommend adding more factors other than probability and the impact to refine the score of prioritized threats in subsequent iterations of the qualitative risk analysis. The stakeholders ask the risk manager to prepare a list to discuss this further.
Which three valid factors should the risk manager prepare on the list for discussion? (Choose 3)
- A . Compatibility
- B . Urgency
- C . Usability
- D . Proximity
- E . Detectability
B, D, E
15 1. An organization is embarking on a multi-million-dollar project with numerous identified risks .
What should the project risk team do to navigate the risks on this project?
A risk manager has a well-structured risk management process in place for a complex project with a tight schedule. Despite implementing preventive actions, one of the risks identified in the early stages of the project has still occurred and is now an issue .
What should the risk manager do next?
- A . Meet with the project team to brainstorm potential solutions to the problem.
- B . Implement the risk response plan to remedy the problem as soon as possible.
- C . Initiate discussions with the project manager to decide how to manage the problem.
- D . Escalate the problem to the project sponsor to agree on the best course of action.
A complex project that had hundreds of risks is almost done. The project manager is closing the risks as part of the closing process. One team member mentions that there are important documents to be updated.
Which document will need to be updated?
- A . Lessons learned
- B . Contingency register
- C . Risk register
- D . Issue log
A
Explanation:
When closing risks as part of the closing process, it is important to update the lessons learned document. This document captures the knowledge and experience gained during the project and can be valuable for future projects.
Lessons learned is a document that captures the knowledge gained from the project and can help improve the performance of future projects. It is one of the outputs of the project closure process and should include information on the project risks, issues, and responses. Lessons learned can help identify the best practices and lessons to be applied or avoided in similar projects. Updating the lessons learned document is an important part of closing the risks as it can provide valuable insights for risk management.
Reference: PMI, Project Risk Management, 2nd edition, 2019, p. 97-981
A risk manager is facilitating a risk identification workshop on a new product with technical experts. There is no consensus among the technical experts on most of the identified risks and their characteristics. The risk manager decides to resolve this difference using another technique .
Which technique should the risk manager use in this situation?
- A . Brainstorming
- B . Delphi method
- C . Focus group
- D . Checklist analysis
B
Explanation:
The risk manager should use the Delphi method in this situation, as this is a technique that can help resolve differences among experts and reach a consensus on the identified risks and their characteristics. The Delphi method is a tool used to make quick decisions with consensus. This technique consists of sending several sets of anonymous questions to each expert. This is followed by a group discussion after every round. The Delphi method can help the risk manager to solicit the opinions of all experts without revealing their identities. This way, the experts can express their views freely and honestly, without being influenced or intimidated by others. The Delphi method can also reduce personal bias, ego, or emotional conflict among the participants. The risk manager can use the results of the Delphi method to create a list of potential risks and their causes, effects, and probabilities. The other options are not appropriate techniques for the risk manager to use in this situation. Brainstorming is a technique that can help generate ideas and identify risks, but it may not be effective in resolving differences among experts, as it involves open and spontaneous discussion. Focus group is a technique that can help collect requirements and opinions from stakeholders, but it may not be suitable for resolving technical disagreements among experts, as it involves a moderated and structured discussion. Checklist analysis is a technique that can help identify risks based on historical information and lessons learned, but it may not be helpful in resolving differences among experts, as it involves a predefined list of potential risks.
Reference: 3, 4, 5
A risk manager and relevant stakeholders have completed a risk response plan for a project. They have identified and planned responses to the known risks; however, a risk owner has identified and reported some residual risks not previously addressed .
What should the risk manager do first?
- A . Develop a residual risk management plan to manage the residual risks.
- B . Analyze, document, and communicate the residual risks to stakeholders.
- C . Record the residual risks in the watch list for future reference.
- D . Implement the contingency plan when the residual risks occur.
B
Explanation:
Residual risks are the risks that remain after the risk response plan has been implemented. They are the risks that are accepted by the project team and stakeholders as part of the project. Residual risks may have low probability or impact, but they still need to be monitored and controlled throughout the project. The first thing that the risk manager should do when a risk owner identifies and reports some residual risks is to analyze, document, and communicate them to the relevant stakeholders. The risk manager should assess the probability and impact of the residual risks, and determine if they require any further response or contingency plan. The risk manager should also update the risk register and the risk report with the information about the residual risks, and share them with the stakeholders who need to be aware of them. This will help the project team and stakeholders to be prepared for any potential occurrence of the residual risks, and to take appropriate actions if needed.
Reference: PMI, The Standard for Risk Management in Portfolios, Programs, and Projects, 2019, p. 94-95, 10 1.