PMI PMI Certifications PMI-RMP Questions & Answers

• Question 381:

  Ruth is the project manager of ISFH project for her company. This project is forty percent complete and it appears that some risk events are going to happen in the project that will have an adverse affect on the project. Ruth creates a change request regarding the risks. Is this a valid response?

  A. No, change requests should not address risks, only risk response strategies should be issued.

  B. No, change requests should not address pending risks, but only scope changes.

  C. Yes, change requests can be recommended for corrective actions for contingency plans.

  D. Yes, change requests can ask for additional funds to pay for the risk impact.

  Correct Answer: C

• Question 382:

  During qualitative risk analysis you want to define the risk urgency assessment. All of the following are indicators of risk priority except for which one?

  A. Cost of the project

  B. Risk rating

  C. Warning signs

  D. Symptoms

  Correct Answer: A

• Question 383:

  Which of the following processes is described in the statement below? "This is the process of numerically analyzing the effect of identified risks on overall project objectives."

  A. Identify Risks

  B. Perform Quantitative Risk Analysis

  C. Monitor and Control Risks

  D. Perform Qualitative Risk Analysis

  Correct Answer: B

• Question 384:

  You work as a project manager for BlueWell Inc. You are working with your team members on the risk responses in the project. Which risk response will likely cause a project to use the procurement processes?

  A. Exploiting

  B. Mitigation

  C. Sharing

  D. Acceptance

  Correct Answer: C

• Question 385:

  A part of a project deals with the hardware work. As a project manager, you have decided to hire a company to deal with all hardware work on the project. Which type of risk response is this?

  A. Exploit

  B. Mitigation

  C. Transference

  D. Avoidance

  Correct Answer: C

• Question 386:

  There are four inputs to the Monitoring and Controlling Project Risks process. Which one of the following will NOT help you, the project manager, to prepare for risk monitoring and controlling?

  A. Work Performance Information

  B. Project management plan

  C. Risk register

  D. Change requests

  Correct Answer: D

• Question 387:

  You work as a project manager for BlueWell Inc. You are working with Nancy, the COO of your company, on several risks within the project. Nancy understands that through qualitative analysis you have identified 80 risks that have a low probability and low impact as the project is currently planned. Nancy's concern, however, is that the impact and probability of these risk events may change as conditions within the project may change. She would like to know where will you document and record these 80 risks that have low probability and low impact for future reference. What should you tell Nancy?

  A. Risks with low probability and low impact are recorded in a watchlist for future monitoring.

  B. All risks, regardless of their assessed impact and probability, are recorded in the risk log.

  C. Risk identification is an iterative process so any changes to the low probability and low impact risks will be reassessed throughout the project life cycle.

  D. All risks are recorded in the risk management plan.

  Correct Answer: A

• Question 388:

  Holly is the project manager of the NSS Project for her company. She is discussing some of the project risks and the issues that have happened in the project. Holly has faxed the status report to her project client for their review. Based on the standard communication model, which component in this scenario is the decoder?

  A. Project customer

  B. Telephone wire

  C. Holly

  D. Project customer's fax machine

  Correct Answer: D

• Question 389:

  Pete works as a project manager for BlueWell Inc. The Management has told him that he must implement an agreed-upon contingency response if the cost performance index in his project is less than 0.90. Consider that Pete's project has a budget at completion of $275,000. His project is 65 percent complete and he has spent $175,000 to date. However, Pete is scheduled to be 78 percent complete. What is the cost performance index for this project to determine if the contingency response should happen?

  A. 1.02

  B. 0.96

  C. 0.90

  D. 0.89

  Correct Answer: A

• Question 390:

  Frank is the project manager of the NHH Project. He is working with the project team to create a plan to document the procedures to manage risks throughout the project. This document will define how risks will be identified and quantified. It will also define how contingency plans will be implemented by the project team. What document is Frank and the NHH Project team creating in this scenario?

  A. Resource management plan

  B. Project plan

  C. Project management plan

  D. Risk management plan

  Correct Answer: D