PMI PMI Certifications PMI-RMP Questions & Answers

• Question 421:

  You are the project manager of the NHJ project for your company. This project has a budget at completion of $1,650,000 and you are 60 percent complete. According to the project plan, however, the project should be 65 percent complete. In this project you have spent $995,000 to reach this point of completion. There is a risk that this project may be late so you have taken some measures to recover the project schedule. Management would like to know, based on current performance, what the estimate at completion for this project will be. What is the estimate at completion?

  A. $1,650,000

  B. $1,666,667

  C. $663,333

  D. -$8,333

  Correct Answer: B

• Question 422:

  John works as a project manager for ABD project. He and his team, are working on the following activities:

  1.

  Relative ranking or priority list of project risks

  2.

  Watchlists of low priority risk

  3.

  Trends in Qualitative Risk Analysis results

  On which of the following processes is John working on?

  A. Perform Qualitative Risk Analysis

  B. Plan Risk Management

  C. Plan Risk Responses

  D. Perform Quantitative Risk Analysis

  Correct Answer: A

• Question 423:

  There are five outputs of the risk monitoring and controlling process. Which one of the following is NOT an output of the process?

  A. Organizational process assets updates

  B. Risk register updates

  C. Vendor contracts

  D. Change requests

  Correct Answer: C

• Question 424:

  What risk identification technique allows participants to identify the project risks and to remain anonymous?

  A. Influence diagrams

  B. Assumptions analysis

  C. Surveys

  D. Delphi technique

  Correct Answer: D

• Question 425:

  John is the project manager of the NHQ Project for his company. His project has 75 stakeholders, some of which are external to the organization. John needs to make certain that he communicates about risk in the most appropriate method for the external stakeholders. Which project management plan will be the best guide for John to communicate to the external stakeholders?

  A. Risk Response Plan

  B. Risk Management Plan

  C. Communications Management Plan

  D. Project Management Plan

  Correct Answer: C

• Question 426:

  You are the project manager of the KJH Project and are working with your project team to plan the risk responses. Consider that your project has a budget of $500,000 and is expected to last six months. Within the KJH Project you have identified a risk event that has a probability of .70 and has a cost impact of $350,000. When it comes to creating a risk response for this event what is the risk exposure of the event that must be considered for the cost of the risk response?

  A. The risk exposure of the event is $245,000.

  B. The risk exposure of the event is $500,000.

  C. The risk exposure of the event is $350,000.

  D. The risk exposure of the event is $850,000.

  Correct Answer: A

• Question 427:

  Examine the figure given below.

  

  What will be the expected monetary value of Risk C?

  A. -$113,750

  B. $175,000 if the risk event actually happens

  C. -$175,000

  D. -$27,000

  Correct Answer: D

• Question 428:

  You work as a project manager for BlueWell Inc. You want to create a visual diagram, which can depict the resources that will be used within the project. Which of the following diagrams will you create to accomplish the task?

  A. Roles and responsibility matrix

  B. Work breakdown structure

  C. Resource breakdown structure

  D. RACI chart

  Correct Answer: C

• Question 429:

  You are preparing to start the qualitative risk analysis process for your project. You will be relying on some organizational process assets to influence the process. Which one of the following is NOT a probable reason for relying on organizational process assets as an input for qualitative risk analysis?

  A. Studies of similar projects by risk specialists

  B. Risk databases that may be available from industry sources

  C. Review of vendor contracts to examine risks in past projects

  D. Information on prior, similar projects

  Correct Answer: C

• Question 430:

  Virginia is the project manager for her organization. She has hired a subject matter expert to interview the project stakeholders on certain identified risks within the project. The subject matter expert will assess the risk event with what specific goal in mind?

  A. To determine the level of probability and impact for each risk event

  B. To determine the bias of the risk event based on each person interviewed

  C. To determine the probability and cost of the risk event

  D. To determine the validity of each risk event

  Correct Answer: A