PMI PMI Certifications PMI-RMP Questions & Answers

• Question 231:

  During the risk Monitor and Control Project Work process, the scope, schedule, and cost begin to increase. What outputs should be updated and/or created?

  A. Project management plan, project documents, and human resource plan

  B. Change requests, project management plan, and project documents

  C. Change requests, cost plan, and project documents

  D. Enterprise environmental factors, change requests, and project management plan

  Correct Answer: B

• Question 232:

  A risk manager is conducting a risk audit review at project completion. Which of the following represents the order that the steps should be performed to complete the full risk audit review?

  A. Identify participants, conduct risk meeting, document findings, update risk management plan

  B. Arrange risk audit review, identify participants, prepare recommendations, update risk management plan

  C. Identify participants, conduct risk audit reviews, prepare recommendations, document the risk audit report

  D. Prepare recommendations, identify participants, conduct risk audit reviews, document the risk audit report

  Correct Answer: A

• Question 233:

  Which analysis method has a lower standard deviation?

  A. European Hypercube

  B. Monte Carlo simulation

  C. Hecht analysis

  D. Latin Hypercube

  Correct Answer: D

• Question 234:

  What is a project issue within a project environment?

  A. A negative effect on a project objective arising from occurrence of a threat

  B. A certain event which has a positive or negative impact in the project

  C. A risk which has a significant impact on the project

  D. An uncertain event which may impact the project

  Correct Answer: A

• Question 235:

  A project in the execution phase at the customer's site has an issue concerning new parts that do not fit properly into a machine. The site project manager cannot find this high probability risk in the risk register.

  What action should the site project manager take?

  A. Variance analysis

  B. Workaround

  C. Risk assessment

  D. Risk audit

  Correct Answer: D

• Question 236:

  When performing integrated cost-schedule risk analysis, a risk manager must correlate the project costs and activities with the risk baseline. Why is determining correlation critical in performing this analysis?

  A. Correlation strength is determined by the strength of multiple risks affecting one cost or activity.

  B. Correlation is always negative in projects with high costs.

  C. Correlation implies causality between project costs and activities.

  D. Correlation identifies how each project risk affects project costs or activities.

  Correct Answer: D

• Question 237:

  During the initial risk planning process, the risk manager and project manager discuss ways to handle known risks. Which project reserve should the project manager use to budget for known risks?

  A. Budget reserve

  B. Contingency reserve

  C. Change management reserve

  D. Risk reserve

  Correct Answer: B

• Question 238:

  The project manager is unable to obtain a global consensus of competing subject matter experts and stakeholders on the project scope. This has caused a one-month delay.

  What should the project manager do next to reduce further delay?

  A. Initiate a scope change request.

  B. Schedule a project kick-off meeting.

  C. Schedule a stakeholder meeting.

  D. Engage the project sponsor/portfolio manager.

  Correct Answer: D

• Question 239:

  The risk manager for a construction project graphically groups project risks by the subsets of economic risk, social risk, and technical risk. Where has this information been captured?

  A. Risk breakdown structure

  B. Risk management plan

  C. Risk register

  D. Risk control plan

  Correct Answer: A

• Question 240:

  

  The project sponsor has asked the project manager how much more a P90 will cost. The sponsor has budgeted for a P40. The project values are in thousands.

  How much additional funding would the sponsor need to budget for a P90?

  A. US$9,408,000

  B. US$8,495,000

  C. US$913,000

  D. US$794,000

  Correct Answer: C