Risk Monitoring and Reporting (19-20%)

• 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;
• Analyzing the risk process performance toward established metrics for driving the risk process improvements;
• 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;
• Updating the project risk management plan utilizing the relevant external and internal inputs for keeping the plan current;
• 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.
• Coordinating with project manager utilizing communication techniques for integrating the risk management during the project;
• 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;

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PMI-RMP Exam is a rigorous assessment that evaluates the candidate's risk management skills and knowledge. It covers a range of topics, including risk identification, risk assessment, risk response planning, risk monitoring and control, and communication management. PMI-RMP exam consists of 170 multiple-choice questions, and the candidate has four hours to complete it. To be eligible for the exam, a candidate must have a minimum of three years of experience in project risk management and 30 hours of risk management education.

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

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