PMI PMI Certifications PMI-RMP Questions & Answers

• Question 261:

  Joan is the project manager of the BTT project for her company. She has worked with her project to create risk responses for both positive and negative risk events within the project. As a result of this process Joan needs to update the project document updates. She has updated the assumptions log as a result of the findings and risk responses, but what other documentation will need to be updated as an output of risk response planning?

  A. Scope statement

  B. Lessons learned

  C. Risk Breakdown Structure

  D. Technical documentation

  Correct Answer: D

• Question 262:

  Fred is the project manager of a large project in his organization. Fred needs to begin planning the risk management plan with the project team and key stakeholders. Which plan risk management process tool and technique should Fred use to plan risk management?

  A. Variance and trend analysis

  B. Information gathering techniques

  C. Planning meetings and analysis

  D. Data gathering and representation techniques

  Correct Answer: C

• Question 263:

  You work as a project manager for BlueWell Inc. You with your team are using a method or a (technical) process that conceives the risks even if all theoretically possible safety measures would be applied. One of your team member wants to know that what is a residual risk. What will you reply to your team member?

  A. It is a risk that can not be addressed by a risk response.

  B. It is a risk that will remain no matter what type of risk response is offered.

  C. It is a risk that remains because no risk response is taken.

  D. It is a risk that remains after planned risk responses are taken.

  Correct Answer: D

• Question 264:

  Mary is the project manager for the BLB project. She has instructed the project team to assemble, to review the risks. She has included the schedule management plan as an input for the quantitative risk analysis process. Why is the schedule management plan needed for quantitative risk analysis?

  A. Mary will schedule when the identified risks are likely to happen and affect the project schedule.

  B. Mary will utilize the schedule controls and the nature of the schedule for the quantitative analysis of the schedule.

  C. Mary will use the schedule management plan to schedule the risk identification meetings throughout the remaining project.

  D. Mary will utilize the schedule controls to determine how risks may be allowed to change the project schedule.

  Correct Answer: B

• Question 265:

  Stephen is the project manager of the GBB project. He has worked with two subject matter experts and his project team to complete the risk assessment technique. There are approximately 47 risks that have a low probability and a low impact on the project. Which of the following answers best describes what Stephen should do with these risk events?

  A. The low probability and low impact risks should be added to a watchlist for future monitoring.

  B. Because they are low probability and low impact, the risks can be dismissed.

  C. The low probability and low impact risks should be added to the risk register.

  D. Because they are low probability and low impact, Stephen should accept the risks.

  Correct Answer: A

• Question 266:

  A project team member has just identified a new project risk. The risk event is determined to have significant impact but a low probability in the project. Should the risk event happen it'll cause the project to be delayed by three weeks, which will cause new risk in the project. What should the project manager do with the risk event?

  A. Add the identified risk to a quality control management control chart.

  B. Add the identified risk to the issues log.

  C. Add the identified risk to the risk register.

  D. Add the identified risk to the low-level risk watchlist.

  Correct Answer: C

• Question 267:

  You work as a project manager for BlueWell Inc. You are working on a project and the management wants a rapid and cost-effective means for establishing priorities for planning risk responses in your project. Which risk management process can satisfy management's objective for your project?

  A. Historical information

  B. Qualitative risk analysis

  C. Quantitative analysis

  D. Rolling wave planning

  Correct Answer: B

• Question 268:

  Yolanda is the project manager of a high-profile project for her organization. This project has 124 stakeholders from across the organization and many of the stakeholders have high demands and expectations for the project. Yolanda will need several pieces of project information as she begins to communicate and manage the stakeholder expectations. Which of the following inputs of the manage stakeholder expectations process directly addresses the risks that could affect the project and which must be communicated to the project stakeholders?

  A. Change log

  B. Low-level risks watchlist

  C. Issue log

  D. Stakeholder register

  Correct Answer: A

• Question 269:

  Your organization has a project that is expected to last 20 months but the customer would really like the project completed in 18 months. You have worked on similar projects in the past and believe that you could fast track the project and reach the 18 month deadline. What increases when you fast track a project?

  A. Resources

  B. Costs

  C. Communication

  D. Risks

  Correct Answer: D

• Question 270:

  You work as a project manager for SoftTech Inc. You are working with the project stakeholders to begin the qualitative risk analysis process. Which of the following inputs will be needed for the qualitative risk analysis process in your project? Each correct answer represents a complete solution. Choose all that apply.

  A. Organizational process assets

  B. Cost management plan

  C. Project scope statement

  D. Risk register

  Correct Answer: ACD