RIMS CRMP EXAM 2026 COMPREHENSIVE
STUDY GUIDE COMPLETE SOLUTIONS
VERIFIED
◉ Influence analysis/diagrams. Answer: identify the strength of
influencing factors and help determine potential weighting for
consideration during the risk assessment process. Define root
causes for major risks, define the chain of events likely in a scenario
and become the foundation for further modeling.
◉ Training needs assessment: Why conduct the training?. Answer:
to tie the performance deficiency to a working need and be sure the
benefits of conducting the traiing are greater than the problems
being cuased by the performance deficiency. Conduct two types of
analysis to answer this question: 1) needs versus wants analysis and
2) feasibility analysis
◉ Element of decision quality: Explore doable alternatives. Answer:
What options are available and how effective or disruptive will each
one be in solving the problem or realizing the opportunity? What
unintended consequences will each alternative create?
◉ Knowledge. Answer: A risk management professional must
possess general business acumen to generate conversations that
,lead to deeper understanding of organizational structure; value
chain; market analysis, PESTLE, etc.
◉ key risks to each strategic goal. Answer: The risk manager can
then use in-depth risk analysis to assess the __________________ as well
as the risks to the successful execution of the strategic plan.
◉ Risk Register Analysis. Answer: compile risk into a risk register to
analyze and manage those risks in an organized way, typically by
category.
◉ Training needs assessment: Who is involved in the training?.
Answer: involve appropriate parties to solve the deficiency. Conduct
a target population analysis to learn as much as possible about those
involved in the deficiency and how to customize a training program
to capture their interest.
◉ Element of decision quality: Consider meaningful, reliable
information. Answer: Is the information accurate, applicable and
useful? How will this information inform the decision-making
process? What different interpretations of the data are possible and
how will each one affect the decision-making process?
◉ Skills. Answer: A risk management professional must possess
communication, technical and interpersonal skills to obtain
organizational information.
,◉ Action plans. Answer: _____________ should be developed to address
gaps between the key risks to the strategic plan and the successful
delivery of the mission.
◉ Organize. Answer: After obtaining information, what should be
the next step to be done?
◉ organizational strategy. Answer: Risk strategy should be
continually revised to align with ____________________.
◉ Element of decision quality: Develop realistic options available to
the decision makers. Answer: How feasible, acceptable or desirable
is each option and which will be most useful in achieving the
objective?
◉ Scenario analysis. Answer: process of analyzing possible and
plausible future events by considering alternative settings,
circumstances and outcomes. It provides a basis for making
decisions in the context of different conditions.
◉ Training needs assessment: How can the performance deficiency
be fixed?. Answer: Can training fix the performance deficiency or
suggest other remediation if training is not appropriate? Conduct a
, performance analysis to identify what skill deficiency is to be fixed
by a training remedy.
◉ Risk analysis results to. Answer: determine the risk adjusted
probability of achieving strategic objectives; determine the key risks
that may negatively or positively affect the achievement of the
strategic objectives
◉ Synthesize. Answer: A process of combining information in ways
that are coherent, logical and meaningful.
◉ Element of decision quality: Understand clearly the values and
trade-offs. Answer: In pursuing each option, what are the
consequences of making the trade-offs that will be needed? How
clearly is the expected value understood?
◉ Training needs assessment: What is the best way to perform?.
Answer: Is there a better or preferred way to do a task to get the
best results? Are job performance standards set by the organization?
Are thre governmental regulations to consider when completing the
task in a required manner? Conduct a task analysis to identify the
best way to perform.
◉ Site analysis. Answer: leaders at each site perform an assessment
by analyzing and evaluating the potential risks based on what is
STUDY GUIDE COMPLETE SOLUTIONS
VERIFIED
◉ Influence analysis/diagrams. Answer: identify the strength of
influencing factors and help determine potential weighting for
consideration during the risk assessment process. Define root
causes for major risks, define the chain of events likely in a scenario
and become the foundation for further modeling.
◉ Training needs assessment: Why conduct the training?. Answer:
to tie the performance deficiency to a working need and be sure the
benefits of conducting the traiing are greater than the problems
being cuased by the performance deficiency. Conduct two types of
analysis to answer this question: 1) needs versus wants analysis and
2) feasibility analysis
◉ Element of decision quality: Explore doable alternatives. Answer:
What options are available and how effective or disruptive will each
one be in solving the problem or realizing the opportunity? What
unintended consequences will each alternative create?
◉ Knowledge. Answer: A risk management professional must
possess general business acumen to generate conversations that
,lead to deeper understanding of organizational structure; value
chain; market analysis, PESTLE, etc.
◉ key risks to each strategic goal. Answer: The risk manager can
then use in-depth risk analysis to assess the __________________ as well
as the risks to the successful execution of the strategic plan.
◉ Risk Register Analysis. Answer: compile risk into a risk register to
analyze and manage those risks in an organized way, typically by
category.
◉ Training needs assessment: Who is involved in the training?.
Answer: involve appropriate parties to solve the deficiency. Conduct
a target population analysis to learn as much as possible about those
involved in the deficiency and how to customize a training program
to capture their interest.
◉ Element of decision quality: Consider meaningful, reliable
information. Answer: Is the information accurate, applicable and
useful? How will this information inform the decision-making
process? What different interpretations of the data are possible and
how will each one affect the decision-making process?
◉ Skills. Answer: A risk management professional must possess
communication, technical and interpersonal skills to obtain
organizational information.
,◉ Action plans. Answer: _____________ should be developed to address
gaps between the key risks to the strategic plan and the successful
delivery of the mission.
◉ Organize. Answer: After obtaining information, what should be
the next step to be done?
◉ organizational strategy. Answer: Risk strategy should be
continually revised to align with ____________________.
◉ Element of decision quality: Develop realistic options available to
the decision makers. Answer: How feasible, acceptable or desirable
is each option and which will be most useful in achieving the
objective?
◉ Scenario analysis. Answer: process of analyzing possible and
plausible future events by considering alternative settings,
circumstances and outcomes. It provides a basis for making
decisions in the context of different conditions.
◉ Training needs assessment: How can the performance deficiency
be fixed?. Answer: Can training fix the performance deficiency or
suggest other remediation if training is not appropriate? Conduct a
, performance analysis to identify what skill deficiency is to be fixed
by a training remedy.
◉ Risk analysis results to. Answer: determine the risk adjusted
probability of achieving strategic objectives; determine the key risks
that may negatively or positively affect the achievement of the
strategic objectives
◉ Synthesize. Answer: A process of combining information in ways
that are coherent, logical and meaningful.
◉ Element of decision quality: Understand clearly the values and
trade-offs. Answer: In pursuing each option, what are the
consequences of making the trade-offs that will be needed? How
clearly is the expected value understood?
◉ Training needs assessment: What is the best way to perform?.
Answer: Is there a better or preferred way to do a task to get the
best results? Are job performance standards set by the organization?
Are thre governmental regulations to consider when completing the
task in a required manner? Conduct a task analysis to identify the
best way to perform.
◉ Site analysis. Answer: leaders at each site perform an assessment
by analyzing and evaluating the potential risks based on what is
