PMI PMI Certifications PMI-RMP Questions & Answers

• Question 71:

  A risk facilitator is creating an outline for the risk management plan. To ensure alignment with the project's objectives, and to develop and recommend the project's risk strategy, what should be referenced to create this?

  A. Project management plan, project charter, stakeholder register, and organizational process assets

  B. Risk register, project charter, stakeholder register, and organizational process assets

  C. Project management plan, risk register, stakeholder register, and organizational process assets

  D. Strengths, weaknesses, opportunities, and threats (SWOT) analysis, project charter, stakeholder register, and organizational process assets

  Correct Answer: A

• Question 72:

  What items should be included in a complex project's risk management plan?

  A. Risk management methodology, scope statement, and thresholds and corresponding definitions.

  B. Risk management methodology, risk management organization, and thresholds and corresponding definitions

  C. Risk management organization, templates, and milestone plan

  D. Risk management organization, risk communication plan, and milestone plan

  Correct Answer: B

• Question 73:

  What would be the next step after determining the agreed-upon risk response for a specific risk?

  A. Add the risk response to the project management plan and document the predicted exposure.

  B. Evaluate the project related implications and update the risk response to the project management plan if needed.

  C. Document the predicted exposure

  D. Communicate to stakeholders

  Correct Answer: D

• Question 74:

  Which of the following represents levels of risk attitude?

  A. Conservative, moderate, and liberal

  B. Risk-averse, risk-neutral, risk-tolerant, risk-seeking

  C. Risk-mitigating, risk-avoiding, risk-transferring, risk-accepting

  D. High, medium, and low

  Correct Answer: B

• Question 75:

  

  The project values are in thousands. What is the average cost of the project?

  A. US$8,614,000

  B. US$8,764,000

  C. US$8,495,000

  D. US$8,619,000

  Correct Answer: A

• Question 76:

  A project risk manager is concerned about the low performance of risk management on a mission-critical project. After assessing the situation, the risk manager finds that the communication style may be the main contributor. What could the project risk manager do to adjust the approach to influence team members to improve performance?

  A. Use follow-up emails, adopt an open door policy, and ask for feedback

  B. Seek hidden agendas, vent frustrations, and allow others to vent frustrations

  C. Provide continuous support, counseling, build trust, and open communications

  D. Conduct one-on-one meetings, more frequent follow-up meetings, and implement the management by walking around technique.

  Correct Answer: C

• Question 77:

  The engineering department offers the project manager some highly-skilled resources for the same cost as those currently on board. What should the project manager do next to handle this situation?

  A. Create a change request to prevent a delay in getting the resources hired.

  B. Analyze the impact of replacing the resources and exploit the opportunity.

  C. Decline, to avoid changes in project team setup and stakeholder disruption.

  D. Accept the resources, to ensure project efficiency improvement is gained from the new resources.

  Correct Answer: B

• Question 78:

  What is the purpose of mitigating negative risks as a part of the risk response process?

  A. To transfer the probability of a risk happening to a third party, and to reduce the severity of the impact

  B. To reduce the probability of a risk happening, and/or reduce the severity of the impact

  C. To accept the probability of a risk happening to reduce the severity of the impact

  D. To increase the probability of a risk happening, but reduce the severity of the impact

  Correct Answer: B

• Question 79:

  The risk manager is about to go on medical leave, but before departing, conducts a risk response planning review meeting with stakeholders. A new risk manager is assigned to the project, and during the first status meeting an issue is identified.

  What is the appropriate course of action in this case?

  A. Perform a project review.

  B. Perform a risk reserve analysis.

  C. Implement an action plan to resolve the issue.

  D. Delegate to the action owner.

  Correct Answer: B

• Question 80:

  Company A sells a new machine to company B. During the risk assessment, the stakeholders of company A do not want the risk of transporting the machine from their facility. Instead, they want company B to take responsibility and liability once the machine leaves company A's facility.

  What strategy is company A using to deal with the risk?

  A. Avoid

  B. Transfer

  C. Mitigate

  D. Accept

  Correct Answer: B