PMI PMI Certifications PMI-RMP Questions & Answers

• Question 81:

  A mobile operator wants to test a new network prototype before conducting full implementation on the entire network. What type of risk response strategy did the mobile operator choose?

  A. Transfer

  B. Mitigate

  C. Avoid

  D. Accept

  Correct Answer: B

• Question 82:

  A project manager wants to represent the distribution of uncertainty around a risk model element. However, good data on the variability, of the risk model element has not been collected, and only contains minimum and maximum values.

  What curve should the project manager use to represent the distribution?

  A. Uniform

  B. Beta

  C. Normal

  D. Lognormal

  Correct Answer: B

• Question 83:

  When analyzing the reward system in a company, there is evidence that "fire-fighter behavior" is the highest rewarded behavior. It suggests that people are dealing with major problems primarily in an emergency mode, and deploying quickly. Secondly, those who work efficiently are getting the most attention and recognition for their efforts.

  What impact does this observation potentially have on the risk management process?

  A. Nothing, since the reward system does not have any impact on the risk management process.

  B. It means that this company's culture does not reward all people, and it gives little attention to proactive behavior such as risk management.

  C. It does not matter as each project has its own rewards system with no relationship to the company's rewards.

  D. This is a positive situation for risk management, since it encourages quick deployment of solutions and workarounds when necessary.

  Correct Answer: B

• Question 84:

  The risk register is developed during the initial phases of a virtualized desktop deployment. The register is reviewed by peers, responses are planned, reviewed again, and risks are prioritized. After project completion, the risk register is reviewed as part of the formal lessons learned process. During the review, itis realized that the risk register was not updated, and many responses were not executed during the deployment.

  Which of the following options should have been performed during the execution of the project?

  A. Risk monitoring and control process

  B. Risk management process

  C. Risk identification

  D. Response planning

  Correct Answer: A

• Question 85:

  The team has just completed a risk response planning session and identified responses for all the high and medium priority risks. What should the team do with the remaining low priority risks?

  A. Create risk responses later, as time allows.

  B. Add the risks to a watchlist for periodic monitoring.

  C. Remove the risks from the risk register.

  D. Conduct a low priority risk response planning workshop with key stakeholders.

  Correct Answer: B

• Question 86:

  Which of the following is an effective channel for risk mitigation assistance, project risk visibility and risk escalation support?

  A. Project steering committee

  B. Project management office (PMO)

  C. Change control board (CCB)

  D. Board of directors

  Correct Answer: C

• Question 87:

  A well established project begins to experience cost overruns and falls behind schedule. The project risk register identifies many risks and risk response plans in place, yet many risks are transitioning into issues. As the risks occur and become issues, many of the response plans are in progress, but not complete. The data from this graph represents the status of the project risks.

  

  Based on this information, what improvement to the risk management process is required?

  A. Increase the project risk identification and analysis.

  B. Improve the risk analysis to better define root causes.

  C. Transition to an issue management program and close the remaining open risks.

  D. Review remaining risk response plans and invest in schedule quality improvements.

  Correct Answer: B

• Question 88:

  A six-month, US$1,2 million project is two months completed. The project has 3 high, 6 medium, and 2 low risks, with a 10% reserve for known risks, and a 5% reserve for unknown risks. Most of the project's reserves have not been spent. The risk manager, who is also the project schedule manager, establishes monthly risk management reviews to evaluate performance. So far, the project has missed 50% of the planned risk mitigation milestones.

  Based on this project data, what technique should the risk manager recommend to improve the risk management process?

  A. Increase the risk manager's position to a full-time position and acquire a dedicated project schedule lead.

  B. Adjust project risk thresholds to increase the number of residual risks on the project.

  C. Increase the frequency of risk status meetings and update the risk management plan.

  D. Perform a variance analysis and potentially allocate more reserves to improve risk mitigation.

  Correct Answer: A

• Question 89:

  Which of the following should multicultural groups be aware of on a project relative to risk?

  A. Problematic risk management practice

  B. Multicultural beta risk management software

  C. Differences regarding risk attitudes and emotional literacy

  D. "Parent-child" risk relationships

  Correct Answer: C

• Question 90:

  The risk manager is currently performing the monitoring and reporting process. Which of the following is an input for schedule metrics?

  A. Work breakdown structure

  B. Risk breakdown structure

  C. Critical path method

  D. Organizational breakdown structure

  Correct Answer: B