PMI Risk Management Professional PMI-RMP Exam

PMI Risk Management Professional PMI-RMP Exam which is related to PMI Risk Management Professional Certification. This exam validates the Candidate knowledge of Project risk management processes, frameworks, basic project management theory, methodologies, and practice, Risk principles and guidelines as described in ISO31000, Communication tools,channels and models, techniques and Facilitation tools, Negotiation tools, leadership theory as it relates to risk management, Organizational theory as it relates to risk management, Risk taxonomy, PMI Code of Ethics and Professional Conduct.

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Risk Monitoring and Reporting (19-20%)

• Monitoring the risk response metrics by examining risk response display information and presenting to key stakeholders for ensuring analysis of risk as well as developing extra risk response strategies to remove secondary & residual risks;
• Capturing the risk lessons discovered through a thorough review of the project risk process performance reports, risk management plan, risk audits, risk register, and other reports for incorporating into later risk planning.
• Utilizing the risk-related metrics as defined in the risk management plan to create the periodical standard and custom reports for communicating the risk management status and activities;
• Coordinating with project manager utilizing communication techniques for integrating the risk management during the project;
• Updating the project risk management plan utilizing the relevant external and internal inputs for keeping the plan current;
• Analyzing the risk process performance toward established metrics for driving the risk process improvements;
• Utilizing the standard tools & techniques to document and regularly update the project risk data for maintaining a current repository of all the project risk information;

Reference: https://www.pmi.org/certifications/risk-management-rmp

Perform Specialized Risk Analyses (14-16%)

• Analyzing the risk data presented during the project utilizing the expert judgment and statistical analyses for defining the weaknesses and strengths of risk strategy & processes, as well as recommending the process changes when indicated;
• Utilizing the specialized qualitative techniques and advanced quantitative tools to measure the characteristics of recognized risks for estimating overall risk exposure of the project;
• Utilizing the advanced techniques and tools to perform the specialized risk analysis for supporting the stakeholder decision for the project.