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PMI-RMP Practice Questions

PMI Risk Management Professional (PMI-RMP) Exam

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Total Questions : 278

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Question # 21

A product roadmap should contain which of these primary components?

Options:

A.  

Detailed design plan, business objectives, timeframes

B.  

Project management plan, communications management plan, stakeholder engagement plan

C.  

Project release timeframes, detailed design plan

D.  

Product vision, business objectives, timeframes

Discussion 0
Question # 22

A risk manager is facilitating a risk identification workshop on a new product with technical experts. There is no consensus among the technical experts on most of the identified risks and their characteristics. The risk manager decides to resolve this difference using another technique.

Which technique should the risk manager use in this situation?

Options:

A.  

Brainstorming

B.  

Delphi method

C.  

Focus group

D.  

Checklist analysis

Discussion 0
Question # 23

The trigger for a highly categorized threat has occurred. The risk has a set response plan.

Who is responsible for developing responses to risk and monitoring the implementation status of the risk response?

Options:

A.  

Product Manager

B.  

Risk Action Owner

C.  

Risk Owner

D.  

Project Manager

Discussion 0
Question # 24

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?

Options:

A.  

Probability of a response triggering a secondary risk

B.  

How the response will affect the quality of the components

C.  

If the risk response is tied to an activity on the critical path

D.  

Verify due dates for the actions have been identified

Discussion 0
Question # 25

In a complex project, individual risks have been identified with the stakeholders. The project sponsor asks the risk manager about the likelihood of project success. Which risk analysis tool(s) should the risk manager use as a basis for their response?

Options:

A.  

Probabilistic and quantitative risk analyses to get the overall risk score

B.  

Quantitative risk analysis to get the overall risk score

C.  

Probabilistic risk analysis to get the overall risk score

D.  

Qualitative risk analysis to get the overall risk score 

Discussion 0
Question # 26

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 # 27

A project manager is trying to realize benefits from new material on an adaptive project. This is the first time the project team is using the material so the team does not have information to identify and analyze risks. A team member informs the project manager that a local university has recently published a research journal on the same material.

Where should the project manager find this information?

Options:

A.  

Industrial studies

B.  

Commercial risk databases

C.  

Organizational process assets (OPAs)

D.  

Enterprise environmental factors (EEFs)

Discussion 0
Question # 28

When should the benefits of quantitative risk analysis be weighed against the effort required to ensure that the additional insights and value justify the extra effort?

Options:

A.  

During the Plan Risk Management process

B.  

Once all individual risks have been scored

C.  

After risks have been identified by stakeholders

D.  

Once the overall project risk has been estimated

Discussion 0
Question # 29

The project manager and the risk manager of a new project to develop an application to support autonomous driving are meeting with the sponsor and key stakeholders to discuss the project. During the meeting, it is identified that the transport authority is discussing new traffic regulations for the industry that could be in place before the project ends.

How should the project manager and the risk manager handle this situation?

Options:

A.  

Ensure the project complies with the current traffic regulations and laws.

B.  

Send a letter to the traffic authority with the general project information.

C.  

Perform inquiries on the website of the traffic authority weekly.

D.  

Meet with the traffic authority staff in charge of the new regulation.

Discussion 0
Question # 30

 

A new company initiates a project to incorporate a cybersecurity team. Which three documents should the risk manager analyze first? (Choose 3)

Options:

A.  

Industry ' s standard procedures

B.  

Current request for proposal (RFP)

C.  

Company ' s historical financial reports

D.  

IT infrastructure, networks, and data information

E.  

Government laws and regulations 

Discussion 0
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