PMI PMI Certifications PMI-RMP Questions & Answers

• Question 121:

  During a major project review, the project manager discovers that large groups of internal management issues are obstructing progress. In reviewing the risk management plan, the project risk categories largely contain technical and customer relationship type risks. The project manager wants the risk management plan revised to account for these risk areas, particularly because the project has several more months before completion.

  Who should the project manager collaborate with to revise the risk management plan at this stage of the project?

  A. Risk manager, technical manager, and customers

  B. Project sponsor, product owner, and risk owners

  C. Risk manager, product owner, and risk owners

  D. Risk manager, risk owners, and project sponsor

  Correct Answer: D

• Question 122:

  The project manager needs to create a risk management plan for a high risk project, but the company's senior management does not see value in spending time documenting major risks instead of leading the project. What is the most appropriate action for the project manager to take first?

  A. Develop a risk register and present it to the senior management

  B. Hire a risk consultant to identity the major risks.

  C. Develop a risk management plan and present it to the sponsor.

  D. Document all identified risks.

  Correct Answer: C

• Question 123:

  

  Based on this information, which of the following has the highest risk exposure?

  A. Schedule slippage

  B. Labor shortage R

  C. Delayed procurement

  D. Funding shortage

  Correct Answer: C

• Question 124:

  Which analysis method uses stratified sampling without replacement?

  A. Latin Hypercube

  B. Monte Carlo simulation

  C. Impact analysis

  D. Linear regression analysis

  Correct Answer: A

• Question 125:

  A newly assigned project manager is reviewing the project documents with stakeholders to identify opportunities that will fast track the project and realize the financial benefits of early completion. What document should be updated at the end of the review?

  A. Risk register

  B. Risk response plan

  C. Risk management plan

  D. Risk identification plan

  Correct Answer: C

• Question 126:

  The company board is concerned about potential legal action from a high-risk project. What technique can be used to justify risk response decisions taken on this project?

  A. Interviews

  B. Nominal group technique

  C. Brainstorming

  D. Decision tree analysis

  Correct Answer: D

• Question 127:

  A common understanding of the value of risk management among key stakeholders is an effective foundation to managing risk effectively. The project manager should ensure training is provided to which of the following groups to create this understanding?

  A. Project team members and customers

  B. Management and external stakeholders

  C. Management and customers

  D. Project team members and management

  Correct Answer: D

• Question 128:

  Which of the following is a key element of neuro-linguistic programming?

  A. Re-coding based on agile methodology

  B. Flex-scheduling

  C. Cross-training

  D. Building rapport with others

  Correct Answer: A

• Question 129:

  The senior risk manager hears that critical deliverables are delayed, because a key subject matter expert (SME) does not have enough time to allocate to the tasks. Which area should be reviewed, as an opportunity for the risk manager to coach the project manager responsible for the project?

  A. Scope reduction to reduce SME reliance

  B. Risk management plan and planned risks responses

  C. Risk identification process and participation

  D. Detailed review of the project schedule before approval

  Correct Answer: A

• Question 130:

  A project manager is creating a risk management plan. The project sponsor does not see the need for additional risk management, believing that the only risks to the project are financial risks.

  What procedure could the project manager use to identify other potential topics such as technical, quality, performance, project, management, internal and external risks?

  A. Review enterprise environmental factors.

  B. Perform Monte Carlo analysis and Delphi technique.

  C. Perform decision tree analysis and create an Ishikawa diagram.

  D. Use existing prompt lists and risk breakdown structure.

  Correct Answer: D