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PMI PMI-RMP : PMI Risk Management Professional Exam

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


The Project Management Institute (PMI)® offers a professional credential for project risk managers, known as the PMI Risk Management Professional (PMI-RMP)®. PMIs professional credentialing examination development processes stand apart from other project management certification examination development practices. PMI aligns its process with certification industry best practices, such as those found in the Standards for Educational and Psychological Testing. A key component of this process is that organizations wishing to offer valid and reliable professional credentialing examinations are directed to use a role delineation study (RDS) as the basis for the creation of the examination. This process uses knowledge and task-driven guidelines to assess practitioner competence, and determine the level of salience, criticality, and frequency of each of the knowledge, tasks, and skills required to perform to the industry-wide standard in the role of a project risk manager. The role delineation study ensures the validity of an examination. Validation assures the outcome of the test is in fact measuring and evaluating appropriately the specific knowledge and skills required to function as a project risk management professional. Thus, the role delineation study guarantees that each examination validly measures all elements of the project risk management profession in terms of real settings.
PMI-RMP® credential holders can be confident that their professional credential has been developed according to best practices of test development and based upon input from the practitioners who establish those standards. Please see Appendix A for a detailed description of the process. The PMI-RMP examination is a vital part of the activities leading to earning a professional credential; thus, it is imperative that the PMI-RMP examination reflect accurately the practices of the project risk management professional. All the questions on the examination have been written and extensively reviewed by qualified PMI-RMP credential holders and are supported by current project risk management published references. These questions are mapped against the PMI-RMP Examination Content Outline to ensure that an appropriate number of questions are in place for a valid examination. PMI retained Professional Examination Service (PES) to develop the global PMI-RMP Examination Content Outline. Since 1941, PES has provided a full range of assessment and advisory services to organizations across a broad range of professions, in support of professional licensure and certification, training, and continuing professional education. PES is dedicated to promoting the public welfare through credentialing as a mission-driven, not-for-profit organization. Finally, while the PMI-RMP Examination Content Outline, the Practice Standard for Project Risk Management and PMBOK® Guide have commonalities, it is important to note that those involved in the study described previously were not bound by the Practice Standard for Risk Management and/or PMBOK® Guide. They were charged with defining the roles of individuals assessing and identifying project risks, mitigating threats and capitalizing on opportunities, and using their experience and pertinent resources to help in this task. Although many of the domains, tasks, knowledge, and skills outlined by the PMI-RMP Examination Content Outline are also covered by the Practice Standard for Project Risk Management and PMBOK® Guide, there are some that are unique to the PMI-RMP Examination Content Outline. Candidates studying for the examination will certainly want to include the current edition of the Practice Standard for Project Risk Management and PMBOK® Guide as two of their references, and would be well advised to read other current titles on project risk management.

Risk Strategy and Planning 19–20%
Stakeholder Engagement 19–20%
Risk Process Facilitation 25–28%
Risk Monitoring and Reporting 19–20%
Perform Specialized Risk Analyses 14–16%
Total 100%

Tasks Risk Strategy and Planning (19–20%)
Task 1 Develop risk assessment processes and tools that quantify stakeholder risk tolerances in order to assess and determine risk thresholds for the project and set criteria for risk levels. Task 2 Update risk policies and procedures using information such as lessons learned from projects and outputs of risk audits in order to Excellerate risk management effectiveness. Task 3 Develop and recommend project risk strategy based on project objectives in order to establish the outline for the risk management plan. Task 4 Produce risk management plan for the project on the basis of inputs such as project information, external factors, stakeholder inputs, and industry policies and procedures in order to define, fund, and staff effective risk management processes for the project that align with other project plans. Task 5 Establish evaluation criteria for risk management processes based on project baselines and objectives in order to measure effectiveness of the project risk process.
Knowledge of:
=> Continuous process improvement as applied to risk management
=> Knowledge management techniques for organizing and providing access to project risk information
=> Metrics for measuring effectiveness of project risk process
=> Risk attitude concepts
=> Risk Breakdown Structure (RBS)
=> Risk tolerance concepts
=> Barriers to effective risk management
=> Project risk management inputs, tools, techniques, and outputs
=> Project risk contingency and management reserve
=> Research and analysis techniques
=> Basic strategy development methodologies

Tasks Stakeholder Engagement (19–20%)
Task 1 Promote a common understanding of the value of risk management by using interpersonal skills in order to foster an appropriate level of shared accountability, responsibility, and risk ownership.
Task 2 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.
Task 3 Coach project team members in implementing risk processes in order to ensure the consistent application of risk processes.
Task 4 Assess stakeholder risk tolerance using processes and tools such as interviewing stakeholders and reviewing historical stakeholder behaviors in order to identify project risk thresholds.
Task 5 Identify stakeholder risk attitudes and cognitive biases using stakeholder analysis techniques in order to manage stakeholder expectations and responses throughout the life of the project.
Task 6 Engage stakeholders on risk prioritization process based on stakeholder risk tolerance and other relevant criteria, in order to optimize consensus regarding priorities.
Task 7 Provide risk-related recommendations to stakeholders regarding risk strategy and planning, risk process facilitation, risk reporting, and specialized risk tasks by using effective communication techniques in order to support effective risk-based decision making.
Task 8 Promote risk ownership by proactively communicating roles and responsibilities and engaging project team members in the development of risk responses in order to Excellerate risk response execution.
Task 9 Liaise with stakeholders of other projects by using effective communication techniques and sharing information on project risk performance in order to inform them of implications for their projects.
Knowledge of:
=> Information resources, both internal (for example, OPA) and external (for example, EEF)
=> Project performance information
=> Stakeholder sensitivity analysis models
=> Training and coaching techniques
=> Types of stakeholder risk attitudes (including but not limited risk seeking, risk tolerant, and risk averse)
=> Group decision making
=> Group creativity (including but not limited to brainstorming, nominal group technique, Delphi technique, idea/mind mapping, and affinity diagram)
Skills in:
=> Assessing stakeholder risk tolerance (appetite and attitude)
=> Collaborating with stakeholders
=> Managing teams in multicultural environments
=> Influencing change

Tasks Risk Process Facilitation (25–28%)
Task 1 Apply risk assessment processes and tools in order to quantify stakeholder risk tolerances and determine risk levels.
Task 2 Facilitate risk identification using a variety of techniques in order to enable the project team and stakeholders to understand and determine the risk exposure of the project.
Task 3 Facilitate the project teams evaluation of the identified risks attributes using qualitative and quantitative tools and techniques in order to prioritize the risks for response planning.
Task 4 Facilitate the development of an aligned risk response strategy and related risk actions by risk owners from the information gathered during risk analysis in order to ensure timely and defined action when required.
Task 5 Facilitate the formulation of project contingency reserve based on the risk exposure of the project in order to have the capability and resources to respond to realized risks.
Task 6 Provide risk data to cost and schedule analysts/estimators to ensure that project risk is properly reflected in cost and schedule estimates for the project.
Task 7 Use scenarios to validate potential risk responses and evaluate key dependencies and requirements in order to enhance the likelihood of project success.
Knowledge of:
=> Basic risk identification tools and techniques for both threats and opportunities (including but not limited to brainstorming, checklists, prompt lists, assumptions and constraints analysis, interviews, questionnaires, cause and effect analysis, SWOT analysis, document review, affinity diagrams, and lessons-learned review from similar projects)
=> Basic qualitative risk analysis tools and techniques (including but not limited to probability-impact matrices, risk scoring, Risk Breakdown Structure analysis, root cause analysis, Pareto prioritization analysis, and risk metric trend analysis)
=> Basic quantitative risk analysis tools and techniques (including but not limited to Monte Carlo analysis, decision trees, FMEA/FMECA/Fault Tree analysis, and sensitivity analysis)
=> Heuristics and other dynamic sources of cognitive biases and their associated effects on risk perception and behavior
=> Risk response strategy types
=> Contingency management tools and techniques
=> Risk monitoring and control techniques
=> Group decision making
=> Group creativity (including but not limited to brainstorming, nominal group technique, Delphi technique, idea/mind mapping, and affinity diagram)
Skills in:
=> Using analytical software tools for project risk management
=> Managing teams in multicultural environments
=> Estimating probability and impact of identified risks

Task 1 Document and periodically update project risk information using standard tools (including but not limited to risk register, risk database) and techniques in order to maintain a single, current repository of all project risk information.
Task 2 Coordinate with project manager using communication techniques in order to integrate risk management throughout the project.
Task 3 Create periodic standard and custom reports using risk-related metrics as specified in the risk management plan in order to communicate risk management activities and status.
Task 4 Monitor risk response metrics by analyzing risk response performance information, and present to key stakeholders in order to ensure resolution of risk and develop additional risk response strategies to address residual and secondary risks.
Task 5 Analyze risk process performance against established metrics in order to drive risk process improvements.
Task 6 Update the project risk management plan using relevant internal and external inputs in order to keep the plan current.
Task 7 Capture risk lessons learned through comprehensive review of the project risk management plan, risk register, risk audits, risk process performance reports, and other associated reports in order to incorporate into future risk planning.
Knowledge of:
=> Continuous process improvement and quality management as applied to risk management
=> Knowledge management techniques for organizing and providing access to project risk information
=> Alternative formats for project risk reports (for example, Top Risk List, Risks Transitioned to Issues, Response Plans Behind Schedule, Risk Triggers, and Risk Outcomes)
=> Requirements for risk register data fields
=> Risk statement construction
=> Risk response activity construction
=> Risk response metrics
=> Risk process performance metrics
=> Risk assessment analysis metrics
=> Risk management reserves

Tasks Perform Specialized Risk Analyses (14–16%)
Task 1 Evaluate the attributes of identified risks using advanced quantitative tools and specialized qualitative techniques in order to estimate overall risk exposure of the project.
Task 2 Analyze risk data produced during the project using statistical analyses and expert judgment in order to determine strengths and weaknesses of risk strategy and processes and recommend process improvements when indicated.
Task 3 Perform specialized risk analysis using advanced tools and techniques in order to support stakeholder decision making for the project.
Knowledge of:
=> Advanced risk identification tools and techniques for both threats and opportunities (including but not limited to force field analysis, scenario planning, futures thinking, visualization, Delphi groups, and nominal group technique)
=> Advanced quantitative risk analysis tools and techniques (including but not limited to, integrated cost/schedule analysis, advanced Monte Carlo analysis, system dynamics, bowtie analysis, analytical hierarchy process, risk-based earned value analysis, risk-based critical chain analysis, and multi-factor regression analysis, modeling techniques, advanced risk metric analysis [including statistical process control])
=> Tools and techniques for identifying and analyzing overall project risk (including but not limited to risk efficiency index, risk tolerance analysis, risk reserve analysis, risk metric trend analysis, risk taxonomy, risk connectivity analysis, Monte Carlo analysis against overall project objectives, project risk surveys, and correlation analysis)
=> Basic and advanced statistics
=> Estimation tools and techniques to support risk decision making (including but not limited to prioritization, cost-benefit analysis, analogous, parametric, and bottom-up)
=> Advanced theory of heuristics and other sources of cognitive bias
=> Variance/Earned Value Analysis

Knowledge of:
=> Project risk management processes, frameworks, and theory (in line with the PMI Practice Standard for Project Risk Management)
=> Basic project management theory, methodologies, and practice (as described in the PMBOK® Guide)
=> Risk principles and guidelines as described in ISO31000
=> Communication tools, techniques, models, and channels
=> Facilitation tools and techniques
=> Negotiation tools and techniques
=> 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
Skills in:
=> Effective oral, graphical, and written presentation
=> Tailoring information to all levels of stakeholders
=> Conducting effective interviews
=> Gathering, managing, analyzing, and validating data
=> Problem solving
=> Active listening
=> Conflict resolution
=> Expressing complex and abstract information
=> Influencing without authority
=> Coaching and mentoring



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PMI information hunger

Kenya: The Borehole That modified Lives of Turkana's desert Farmers | PMI-RMP question bank and real questions

Nairobi ā€” Launched in 2014, Natiira AteniĀ Self help neighborhood is located in Turkana County, more than seven hundred kilometres north of Nairobi, Kenya's capital. Natiira Ateni is a phrase within the Turkana language, which capabilityĀ  "a spot of many acacia bushes". because the name suggests, the enviornment is semi-arid, with an alluvial sand and clay soil terrain, where survival is often precarious.

Turkana County borders South Sudan andĀ EthiopiaĀ to the north and east and Uganda to the west. The area is well widely used internationally, as the cradle of mankind, where Kenyan archeologists discovered evidence of early hominids and dependent a analysis middle, the Turkana Basin Institute. Lake Turkana - mendacity alongside part of the Rift Valley - is the greatest wilderness lake on the planet, with a dozen historic volcano craters and cones. it is a Unesco World Heritage web page and a draw for travelers. however Turkana has also been notorious locally for starvation and starvation, because of the long periods of drought, and for unhealthy cattle rustling practices between pastoralist communities in neighbouring counties and nations.

With cattle the leading supply of livlihood, droughts fueled insecurity and battle. The individuals of Natira town and regional areas have commonly been forced to shuttle as plenty as a couple of hours to buy vegetables to devour. Undernutrition is a continual problem, making little ones, specifically, extra susceptible to sickness.

keen to make a change after witnessing the outcomes of drought and insecurity

Augustine Adapal, 22, is the business supervisor of Natiira Ateni. The neighborhood has over one hundred contributors and is ruled with the aid of an elected board of 9 individuals.

Adapal is raring to make a difference after witnessing the results of drought and insecurity that has pushed his neighborhood to the brink of survival. he's also passionate about altering the stereotypical representation of Turkana, which is frequently portrayed with photos of impoverished little ones, dead farm animals and dry river beds.

"all of us be aware of that the Turkana location is an arid enviornment that suffers long durations of drought. The move-border conflicts in Uganda and South Sudan additionally exacerbated the situation and forced many americans to move the place they can discover relief," says Adapal .

Natiira Ateni is changing this narrative by way of making certain that the group is living a sustainable lifestyles by means of making certain that it has meals and water for crop and animal farming.

As they speak on the cellphone, Adapal tells me that he is fighting the sizzling solar together with his cap. He additionally tells me there is a looming dust storm on the horizon. He straight away makes his option to his office discovered inside the two-acre lush and eco-friendly farm, which could be mistaken as an oasis in a desert.

He informs me that because of the social-distancing regulations to stop the spread of the virus that causes Covid-19, a small neighborhood of members are working on the farm at a time. they're weeding, harvesting spinach, shelling groundnuts (peanuts) to sale and installing new irrigation pipes in the farm.

because the commercial enterprise supervisor of Natira Ateni Self support neighborhood, he has introduced lots crucial hope and energy to his group.

Cattle rustling contributes to rising poverty levels

"before they begun farming, the contributors of Natiira have been pastoralists who were primarily based on getting an income from meat and milk from their farm animals. livestock is a substantial shop of wealth. one of the vital men in the community were also cattle raiders." says Augustine.

A 2019 look at by usingĀ theĀ Regional Organised Crime ObservatoryĀ for East AfricaĀ (ENACT)Ā on cattle rustling in East Africa and the Horn of Africa vicinity, concluded that "Communities plagued by cattle rustling face a plethora of problems, together with insecurity and the loss of their livelihood, which contributes to the rising poverty costs in the area. in a single 2017 incidentĀ  in Laikipia in Kenya, 10,000 pastralists made away with over one hundred thirty five,000 heads of cattle."

in keeping with Ā ENACT coordinator Deo Gumba:Ā  "traditionally, cattle rustling has been a tradition predominantly practised by using pastoral and nomadic communities in east AfricaĀ  for 2 main functions. As a way of restocking after a extreme drought or sickness that killed their farm animals; and the 2d changed into to allow suitors (young warriors) to acquire cattle to pay the 'bride rate' required with the intention to marry. it is now being practised for commercial motives and through criminal networks that cross communal and foreign borders, rendering cattle rustling a transnational (criminal) act."

proposing alternate and complementary skill of survival - the aim of Natiira Self aid - no longer handiest reduces hunger and illnesses, but also contributes to peacebuilding within the area.

Empowering communities

Adapal began his experience with Natiira Ateni whereas he changed into nevertheless a student in secondary school in 2014. His mom, who became a founding member of theĀ  community, always invited him to be a part of neighborhood activities similar to planting and watering vegetation all through the college vacation trips. This impressed Augustine to be a group suggest. His efforts have led to a a success farm task and a cohesive neighborhood.

In Turkana, illiteracy degrees are excessive, with handiest half of the faculty-going children enrolled. The little ones and youth within the area have few alternativesĀ  compared to other counties in Kenya. Illiteracy has resulted in negative dissemination of advice within the neighborhood, similar to climate forecasts which might support communities respond more immediately to the results of expanding droughts because of local weather exchange.

based on Wycliffe Juma from Cezam & friends Ltd, a professional accounting and business consulting company gotten smaller by the USA African building foundation (USADF)Ā to aid with the monitoring and contrast of a grant to the Natiira Ateni project. "When the farming mission started, the Natiira Ateni community relied on rai-fed agriculture, and most of the plants failed. Natiira utilized for a grant of [less than U.S. $100,000] from USADF, which they acquired, and it helped them tackle their challenges."

sparkling from high school and with a fondness to make a difference

USADF is an unbiased U.S. government company centered through Congress to put money into African grassroots groups, entrepreneurs and small-and medium-sized organisations. USADF's investments promote native financial development via increasing incomes, revenues and jobs. the usage of a community-led building strategy, the establishment offers seed capital and local venture-administration information to African-owned and led firms, which are addressing a few of Africa's biggest challenges round meals insecurity, insufficient energy access, and unemployment, above all among girls and youth.

"during the USADF help, they drilled a borehole in their two-acre farm, and also put in an irrigation equipment that has enabled us to efficaciously develop vegetation all 12 months round. in the farm they grow perennial and annual crops akin to; legumes, cowpeas, groundnuts, eco-friendly pepper, spinach kales and tomatoes," says Adapal. TheĀ borehole (neatly) and the irrigation system are imperative to the task's achievements. Drip irrigation is the premier method of watering vegetation in arid areas. an average water-sprinkler equipment has an efficiency of round seventy five-85 percent. Drip irrigation, in contrast, has efficiencies in extra of 90 p.c.

Natiira used a component of the supply cash to educate their farmers on gentle knowledge, akin to primary accounting, respectable agricultural practices. They even equipped an change consult with to other irrigation-fed farms and studied optimum practises in dry-land agriculture. The community additionally invested in capacity constructing for its youth and recruited two younger apprentices from the neighborhood to coach alongside the founding business supervisor Emily Chepchumba.

fresh from high school and with a keenness to make a change in his community, Adapal changed into one of the vital trainees within the project. He promptly constructed potential in leadership,Ā  challenge administration, bookkeeping and reporting, and in 2019 he changed into promoted to be Natiira Ateni's commercial enterprise supervisor.

not a 500 kilometre commute for a vegetable!

"The farming project has changed the lifetime of my group, and they now don't count on aid meals and handouts" he says. "The participants consume 20 p.c of the harvest, and the rest is bought to the neighbouring group, which now not has to count on vegetable materials from Kitale which is over 500 kilometres away. On a month-to-month groundwork the community sells over U.S. $5,000 worth of produce to Natiira city and neighbouring Kakuma refugee camp."

From their sale of greens, contributors generate profits to purchase different foodstuffs they don't produce. they could additionally pay college charges for their babies and meet other simple needs including fitness care. the encompassing neighborhood fetches water for their family use from the bore hole. The Natiira group has helped to createg improved livelihoods via extra sustainable farming that produces sturdy jobs and higher incomes.

consequences of Covid-19 pandemic on the farm operations

The COVID-19 pandemic has affected every day operations on the farm. as a result of reside-at-home and social distancing measures, no longer the entire members can consult with or assist out in the farm.

"The go back and forth restrictions in Kenya have created an even bigger demand for food in Turkana County, as most food trucks from Kitale city are unable to carry food to local markets. This scarcity of meals has created a bigger demand for clean vegetables comparable to spinach, kales and tomatoes from the Natiira farm," says Adapal.

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"We are now promoting greater greens to their native market, and if the go back and forth restrictions persist they could be unable to meet the local demand. they have also considered expanded pastime from other group members who don't seem to be part of the group. they are eager to be a part of us or for us to coach them on the way to installation new irrigation schemes in their farms," he says.

New probability - a swarn of locusts can devour as a whole lot in a day as 35,000 individuals

Adapal tells me they are in search of wasteland locusts that have currently been spotted in nearby Lodwar city and are concerned that they may assault thei farm.

in keeping with the Locust Watch by means of the meals and Agriculture organisation of the United countries,Ā  "more swarms are continuing to kind and have been seenĀ  flying to the northwest. control measures encompass aerial spraying, surveillance vehiclesĀ  and automobilesĀ  established with sprayers".

The locusts are a brand new hazard to food security. A swarm of 1 kilometre can consume the same volume of meals in a single day as a 35,000 individuals. this is a huge agonize to the neighborhood who have just recovered from a long drought that was lately adopted by damaging floods, when River Turkwell, empties into Lake Turkana burst its banks and caused fatalities and destruction, sweeping away buildings and infrastructure right through April's brief rainy season.

Our dialog is reduce short, as Adapal has to go away, after receiving an alert from one of the vital neighborhood individuals that raiders were sighted. A fortnight ago, suspected Ethiopian cattle rustlers allegedly shot and killed a girl close River Natodomeri in Turkana County.

Future plans for Natiira Ateni

Natiira Ateni hopes to sign up extra participants in the group and to extend the assignment from a two-acre farm to a ten-acre farm. the usage of earnings proceeds and funding from new partners, the neighborhood aspires to purchase an autorickshaw - known as a Tuktuk) - or a motorcycle to assist in the beginning of clean farm produce to the market.


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