PMI PMI Certification PMI-RMP Questions & Answers

• Question 11:

  A project team's risk facilitator identifies a number of risks and must prioritize them based on the organization's risk appetite levels. Which technique should be used?

  A. PERT

  B. Stakeholder risk profile analysis

  C. Project scope statement analysis

  D. Monte Carlo technique

  Correct Answer: B

• Question 12:

  A risk manager wants to determine which risks are going to have the highest impact on a project. Which of the following techniques should the risk manager use?

  A. Assumptions analysis

  B. Sensitivity analysis

  C. Root cause analysis

  D. Prioritization matrices

  Correct Answer: D

• Question 13:

  What are the critical success factors for the Plan Risk Management process?

  A. Mitigate all risks, engage stakeholders, and follow organizational policies.

  B. Identify and address barriers, engage stakeholders, and follow organizational policies.

  C. Contingency reserves engage stakeholders and follow organizational policies.

  D. Identify and address barriers, engage stakeholders, and follow government regulations.

  Correct Answer: B

• Question 14:

  A project team is conducting initial risk planning. What other risk-related task should the project manager perform?

  A. Identifying the risk threshold

  B. Determining the risk register headings

  C. Scoring the risks utilizing the risk matrix

  D. Prioritizing the risks in the risk register

  Correct Answer: A

• Question 15:

  In what way can the risk manager determine when poor risk planning techniques are influencing the scope, schedule, quality, and/or budget of the project?

  A. Evaluate the results of the Monte Carlo analysis.

  B. Document and periodically update project risk information

  C. Monitor project metrics and performance information.

  D. Update the risk management plan.

  Correct Answer: C

• Question 16:

  How can the project manager rank competing stakeholder priorities for all the identified risks?

  A. Perform qualitative and quantitative risk analysis.

  B. Engage the project sponsor to decide.

  C. Refer to stakeholder analysis prioritization tree.

  D. Perform a review of organizational process assets.

  Correct Answer: A

• Question 17:

  

  A project has four risks that are identified during the risk identification process. The table shows the probability of each risk occurring and the corresponding cost.

  What is the total estimated monetary value of cost for this project?

  A. US$-1,590

  B. US$-1,090

  C. US$1,090

  D. US$1,590

  Correct Answer: B

• Question 18:

  During a company's audit, it is found that no risk management information exists within the lessons learned database. What could the company do to increase the amount of risk management organizational process assets?

  A. Require the project manager to record significant risk management information, to provide concrete data in the lessons learned database for future projects.

  B. Require the PMO to merge and distribute risk logs to all key stakeholders associated with risk management.

  C. Require the project manager to update the project management office (PMO) policy and procedures on an iterative basis to ensure relevancy to current projects.

  D. Require the PMO to perform quality audits on all active projects, to ensure alignment with communication industry standards.

  Correct Answer: A

• Question 19:

  Due to lack of specific knowledge within a technical domain, the project manager decides an expert from outside the organization should be invited into the project to identify and analyze risks. The project manager understands that the risk management process has many benefits, but it will also have clear costs.

  Which of the following should the project manager do?

  A. Identify internal resources with proper knowledge, and keep costs down.

  B. Hire experts as needed.

  C. Hire a specialized risk analysis consulting company.

  D. Determine that the benefits outweigh the costs where risk is involved.

  Correct Answer: D

• Question 20:

  Which form of communication minimizes misunderstandings and reinforces teamwork?

  A. Status reports

  B. Discussion threads

  C. Face-to-face discussions

  D. Project archives

  Correct Answer: C