PMI-RMP Practice Questions
PMI Risk Management Professional (PMI-RMP) Exam
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Total Questions : 278
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A project has a significant impact on an organization. Multiple stakeholders expressed concerns regarding the overall project risk during construction of the risk management plan, and they agreed that the risk appetite is low.
What should the project risk manager monitor closely?
The customer expresses concern about the increasing likelihood of delays from one of the subcontractors on the project. This risk was previously identified and planned for during the project planning phase. The project sponsor reassured the customer that this is a known risk and will be handled accordingly by the risk manager.
What should the risk manager do?
A new risk manager has been assigned to a delayed strategic project. The risk manager presented a new plan to get the project back on track using lessons learned and applying risk response strategies. Senior management wants to remove contingency reserves because they want to finish the project earlier.
What should the risk manager do in this scenario?
As part of standard procedure to monitor and control a project, a risk manager should constantly update the risk register. The risk register updates should include information on risk reassessment, risk audits, and periodic risk reviews.
What additional information should the risk manager prioritize in the risk register updates?
An organization that spans across different countries undergoes a digital transformation project. The project manager has assigned a risk management team leader who is a risk management certified candidate in their domain.
What should the risk management team leader do in the early stages of the project?
A key hardware component failed during a large software implementation project, with significant organizational impact. The risk owner was on vacation and no one responded to this incident, thereby causing project delays.
What should have been done to prevent this situation?
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?
In the middle of a project to improve internal workflows, the team realizes that some previously identified challenges, such as lack of stakeholder engagement, have diminished. However, the risk manager determines that concerns related to resource availability and regulatory compliance are becoming more significant.
Which measures should the risk manager implement?
A project is at the final development stage. The test lead informs the risk manager that a key feature may not be testable due to changes in the environment
What should the risk manager do?
A project manager is developing the risk register and works with the team to analyze risks and determine their probability and impact. There is valuable historical data available that may be used to simulate the overall risk outcome.
Which type of analysis should the project manager use in this instance?
