PMI-RMP Practice Questions
PMI Risk Management Professional (PMI-RMP) Exam
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Total Questions : 333
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After a number of risk workshops, risks have been identified. Which is the first element the risk owner should look for in the response plan to help mitigate the risks?
A new risk manager is assigned to an ongoing project, what should the new risk manager do first to assess the project environment?
A risk manager administered a pre-workshop risk survey in preparation for the upcoming workshop. The workshop invitees participated in the survey and submitted many risks encompassing all project phases and risk areas. The risk manager sorts risks by similarities and categories for the workshop.
What should the risk manager do next to visually organize the risks?
A company has a project whose objective is to extract gold reserves from Field 1. However, another field closest to the company. Field 2, which has a higher probability of having twice as much gold reserves than Field 1. The risk manager requests the board of Directors to include Field 2 under the scope of the current project by management of change because the project ' s profitability will increase by 80%.
What type of request is the risk manager describing?
A new project to develop a custom software solution for a high-profile client is being initiated. The project sponsor emphasizes the importance of delivering the solution on time and within budget, as this project could lead to significant future opportunities. The risk manager recognizes that the team lacks a standardized approach to managing risks and that some team members are unfamiliar with risk management practices.
What should the risk manager do?
A risk manager is preparing for the first meeting with their project sponsor on a potential project for a large client. The risk manager reviews their newly developed project risk register to identify any risks that should be analyzed further and begins by prioritizing the probability column based on the following criteria:
1 = Very Low
2 = Low
3 = Medium
4 = High
5 = Very High
What type of risk analysis is the risk manager performing?
A large, land-based infrastructure project has begun. The project makes assumptions about the site conditions and has economic, technical, and environmental constraints
What should the project manager do next to determine risk impact of assumptions and constraints?
An organization is executing two projects — Project A and Project B — simultaneously. A previously identified risk will impact the schedule for Project
A.
While executing the mitigation plan, a number of residual risks are identified that could provide cost savings for ProjectB.
Which action should the risk manager for Project A take?
After presenting a list of risks to the major project stakeholders and project sponsor, the board requested the risks be sorted differently from the results presented by the project team. This is a major issue and will cause a 2-week delay in the project.
How could the risk manager have avoided the board ' s response?
A project team is concluding the first monthly meeting on a new engineering project, with regular review of project risks. Which document should the risk manager update to reflect the risks ' current status?
