Risk management exam

Study sources:-

1- eng.essam abdelmn3em course

(https://www.youtube.com/watch?v=Zm7W_e8GYGg&list=PLE5L2cvZbtu8sjCIuRlDCuBBn0ju3_WeV)
2- pmbok 5th edition (risk+stakeholders+communication)
3- risk practice standard (appendix D+ C.S.F.)
4- risk exam content outline (5 domains) it is very important to know every task.

Exam source:-

4 exams pmstudy (you should score 80% or more )

Past lesson learned:-

Eng.diaa khalaf + eng.ehab souse lesson learned (very important)

You should know the following:-

A. the calculation questions

1- Monte carlo tornado diagram is very easy questions (may be 4 questions) – refer
to eng.ehab sousa lesson learned and eng.essam abdelmen3m video lecture
2- Which risk is more important to deal with
Probability impact
High low
Moderate low
Moderate high
low high
low Moderate
3- If the probability of risk changed how much the total contingency will change
(calculation)
risk probability O M P contingency

4- Which risk is more important to deal with

Probability impact
High low
Moderate low
Moderate high
low high
low Moderate
5- One direct question of EMV.
6- Confidence level (3 questions), you should multiply the probability by the
confidence level and consider the result according to the question. (that is how I
answered the question)
7- There is no any calculation questions about earned value management
8- No critical path method questions
B.

9- Risk tolerant definition (new)

Risk Tolerant is a person or organization that is very comfortable with ignoring risks. They
don’t care and never pay any attention to a risk until it becomes an issue.
10- Risk adverse definition (new)
11- Neuro linguistic programing (NLP) ‫( البرمجه العصبيه اللغويه‬new)
(it is an approach to communication , personal development and psychotherapy )
It is maintain rapport between the practitioners.
12- Latinhybercube & montecarlo (very important)
13- Which is less standard deviation ( latinhybercube or monte carlo )
14- Which c.s.factor of quantitative use near term response (agreed upon approach)
15- Is risk management plan iterative (through the planning- each phase - each
milestone )
16- The sponsor asks the PM not doing the risk plan (1 Questions)
17- The sponsor asks the PM not doing the risk plan to not delay the project time ,
what the PM do ( outsource the risk plan - make the risk plan – make risk register)
18- The PM afraid of the responsibility ( nominal group tech. - brainstorming - Delphi
19- (Task 5 + 6 ) domain 2 available at exam content outline book
20- Asses the stakeholders risk tolerance by interview (task 4-domain 2)
21- Asses the stakeholders risk attitude by stakeholders analysis (task 4-domain 2)
22- Cause and effect diagram (effective selections of criteria impact by using
sensitivity analysis) appendix D page 72
23- What is considered metric (no of defects - no of change requests - no of identified
risks no of responses )
24- P & I matrix reflect the organization level of risk tolerance (appendix D page 87)
25- Interview (you should know when & why it used)
26- Uniform distribution definition
27- Very long question (20 lines )and finally asks about monte carlo specification
28- Training and coaching the team members
29- What is considered metric (no of defects - no of change requests - no of identified
risks no of responses )
30- Info gathering tech.(root cause analysis)
31- AHP definition & Force field analysis definition
32- Interactive communications.
33- Outputs of m&c. risk.
34- Stakeholders analysis & Stakeholders profile analysis
35- Strategies for + risks and - risks (2 direct Questions)
36- PROMPT LIST (2 Questions)
37- Document risk lesson learned (4 Questions)
38- EAC & ETC definitions (earned value management)
39- Input of identify stakeholders process
40- Risk metalanguage (cause-risk-effect)
41- P & I matrix (very important)
42- Watch list
43- Management & contingency reserve (4 questions)
 44- How do you deal with secondary risks
45- Status meeting (4 questions) very important
46- OPA + EEF
47- Risk owner – risk action owner
48- Risk review & audit (4 questions)
49- When you should close the risks
50- Issue & Risk definition
51- Questionnaire as a tool to identify risk.
52- Tools of M&C risk (minimum one question for every tool)
53- Brainstorming & Delphi
54- C.S.factors (one question for every process)

Hint : The yellow marked is my answers is from my point of view (may be true or
false)

Eng.Mohamed Abdelsamie PMP,PMI-RMP