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Free PMI Risk Management Professional (PMI-RMP) Exam Practice Questions

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Exam style questions across every PMI-RMP domain

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Total Questions : 333

Start with our free PMI-RMP practice questions, carefully crafted to mirror the domains, phrasing, and difficulty of the real PMI Certification exam. Each PMI-RMP exam question comes with a detailed rationale that explains not just which answer is correct but why the others fall short. That's how concepts stick. Use the free set to benchmark yourself: identify your PMI weak domains, see where you're losing marks, and build a focused study plan in minutes.

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Question # 11

After completing the sprint on an agile project, a team updates the risk burndown chart and notices that risk exposure has increased to levels that could negatively affect project completion. What should the risk manager do to return the project ' s risk exposure to an acceptable level?

Options:

A.  

Update the definition of done (DoD) to improve risk management.

B.  

Review the acceptance criteria for upcoming stories.

C.  

Prioritize risk mitigation stories for the next sprint.

D.  

Check stories in the product backlog to identify risks.

Discussion 0
Question # 12

As per the risk analysis process carried out for a project, two risks are registered. The probability risk A will occur is 40% and its monetary impact to the project is US$100,000. The probability risk B will occur is 60% and its monetary impact to the project is US$20,000.

What is the total contingency budget that should be created?

Options:

A.  

US$68,000

B.  

US$52,000

C.  

US$120,000

D.  

US$80,000

Discussion 0
Question # 13

A company has been awarded a large government contract to develop a new transportation system. There is uncertainty surrounding the project ' s timeline. The project team is struggling to finalize the project ' s budget due to unclear estimates from vendors. An updated vendor price list detailing the costs of available technologies is an essential component in determining the project ' s final cost. The project team will not be able to finalize the project ' s timeline until the budget is finalized.

What should the risk manager do?

Options:

A.  

Request an extension to mitigate schedule constraints.

B.  

Register the risks as vendor issues and avoid further action.

C.  

Log the risk and the response strategies in the risk register.

D.  

Catalog the risks as assumptions and avoid further action.

Discussion 0
Question # 14

A project team successfully implemented a risk response plan for a major risk event. Residual risks were evaluated and actions were taken to keep them under control. There were no secondary risks after the implementation.

What should the risk manager do?

Options:

A.  

Study the change logs to implement the approved change requests.

B.  

Close out the expired risk and update the relevant project documents.

C.  

Get permission from stakeholders before documenting lessons learned.

D.  

Continue monitoring the critical response plan on the delivered product.

Discussion 0
Question # 15

A newly appointed risk manager for a critical project is working with a project team to develop a risk management strategy. One team member suggested creating an influence diagram to help analyze the options, risks, outcomes, and their relationships. Another team member feels the influence diagram is not enough because this project is important and complex.

Which approach should the risk manager take to improve the quality of the project risk analysis?

Options:

A.  

Use brainstorming to identify more possible risks.

B.  

Use a Monte Carlo simulation to identify risks.

C.  

Use a work breakdown structure (WBS) to help analyze risks.

D.  

Use a qualitative or quantitative analysis to analyze identified risks.

Discussion 0
Question # 16

A risk management professional is in the process of categorizing risks when a subject matter expert (SME) suggests categorizing the risks by their impact to the project objectives. Why should the risk management professional use this approach?

Options:

A.  

To enable the team in identifying the specific causes of risks associated with project objectives.

B.  

To ensure that project priorities are being appropriately factored into risk response plans.

C.  

To determine there more attentive project leadership and organizational involvement is needed.

D.  

To assign risks and risk severities to functional discipline and departments effectively.

Discussion 0
Question # 17

While performing risk identification exercises, the risk manager often encounters biases from the project team. How can the risk manager accurately identify what will trigger a risk?

Options:

A.  

Remind the project team to keep an open mind

B.  

Review the results with the project manager afterward

C.  

Review published operational experience reports

D.  

Use the mean answers provided by the project team 

Discussion 0
Question # 18

After the initial assessment of a new project, a project manager found that in order to complete the expected results, detailed and exhaustive planning will be required to ensure the product ' s characteristics and quality. What should the risk manager propose to the project manager what to do?

Options:

A.  

Use a predictive approach for the delivery.

B.  

Use a hybrid approach for the delivery.

C.  

Use an adaptive approach for the delivery.

D.  

Use an agile approach for the delivery. 

Discussion 0
Question # 19

A new risk manager has been assigned to a project experiencing delays, quality issues, low performance, and client complaints. The work is being completed with the

client ' s vendor, which apparently has been causing all of the issues.

What should the risk manager do first?

Options:

A.  

Enhance risk identification.

B.  

Review the contingency reserves.

C.  

Create a risk response plan.

D.  

Review the risk registry.

Discussion 0
Question # 20

Members of a project team are not taking their risk management responsibilities seriously. They do not consider risk management as primary to the project’s success and do not believe that the benefits are significant.

What should the risk manager do?

Options:

A.  

Schedule a meeting to review and develop realistic risk thresholds with the project team.

B.  

Motivate and influence the project team with risk engagement activities like workshops.

C.  

Ensure that risk management responsibilities are clearly identified in the risk management plan.

D.  

Ensure that the risk language used by all stakeholders is consistent with the risk management plan.

Discussion 0

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