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PMI-RMP Real Exam Questions

PMI Risk Management Professional (PMI-RMP)

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Question 1 Single choice

Rachel is the project manager of the KJH Project for her company. She needs a method to create a quick and simple approach to risk identification to communicate the project risk with the stakeholders.

Which one of the following approaches to risk identification should Rachel choose to provide a quick and simple listing of the project risks?

  1. A

    Delphi Technique

  2. B

    Checklist analysis

  3. C

    Assumptions analysis

  4. D

    Brainstorming

Show answer and explanation

Correct answer: B

Question 2 Single choice

You are the project manager of the NJJ project. Your enterprise environmental factors require that you establish certain risk management rules regarding low risks within your project.

What is the best policy for risks with low probability and low impact in the project management?

  1. A

    These risks should be accepted.

  2. B

    These risks should be placed on a watchlist for future monitoring.

  3. C

    These risks should be identified, but dismissed.

  4. D

    These risks should be placed in the risk register.

Show answer and explanation

Correct answer: B

Question 3 Single choice

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?

  1. A

    Add all assumptions and constraints to the risk register.

  2. B

    Add the risk impact of the assumptions in the risk register.

  3. C

    Add the assumptions and constraints to the assumption log.

  4. D

    Add the assumptions and constraints in the project charter.

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Correct answer: C

Question 4 Single choice

The project manager needs to create a risk management plan for a high risk project, but the company's senior management does not see value in spending time documenting major risks instead of leading the project.

What is the most appropriate action for the project manager to take first?

  1. A

    Develop a risk register and present it to the senior management

  2. B

    Hire a risk consultant to identity the major risks.

  3. C

    Develop a risk management plan and present it to the sponsor.

  4. D

    Document all identified risks.

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Correct answer: C

Question 5 Single choice

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?

  1. A

    Cost of the project

  2. B

    Risk rating

  3. C

    Warning signs

  4. D

    Symptoms

Show answer and explanation

Correct answer: A

Question 6 Multiple choice

A risk manager is confident that they have identified and quantified the risks and opportunities for a project.

When presenting their work to management, on what areas should the risk manager focus? (Choose two.)

  1. A

    Risks that are tied to the success of the organization

  2. B

    Risks as they apply to the organization's overall risk management philosophy and strategic ambition

  3. C

    Huge opportunities that possibly bring an additional 30% return for 10 projects in the next year

  4. D

    Risks related to cost that will impact the major projects that are currently in the execution phase

  5. E

    Risk mitigation actions that will require work from stakeholders

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Correct answers: A, B

Question 7 Single choice

Which of the following templates may be included in the risk management plan?

  1. A

    Formal structure for a risk statement

  2. B

    Work performance report

  3. C

    Structure for a SWOT diagram

  4. D

    Formal brainstorming list

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Correct answer: A

Question 8 Single choice

A risk manager documents the causes in the risk register and needs to ensure the risk is adequately described.

What is critical for the risk manager to consider when describing the causes?

  1. A

    Each cause has a degree of uncertainty

  2. B

    Each cause has well defined owner

  3. C

    The causes represent actual conditions

  4. D

    The causes must be validated by the risk owner

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Correct answer: C

Question 9 Single choice

Thomas is the project manager of the NHJ Project for his company. He has identified several positive risk events within his project and he thinks these events can save the project time and money.
Positive risk events, such as these within the NHJ Project are also known as what?

  1. A

    Benefits

  2. B

    Opportunities

  3. C

    Ancillary constituent components

  4. D

    Contingency risks

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Correct answer: B

Question 10 Single choice

PESTLE, TECOP, and SPECTRUM are three examples of prompt lists that can be used during risk management activities.
Prompt lists are used to do which of the following?

  1. A

    Simulate risk identification.

  2. B

    Perform a simulation with all prompted risks varying simultaneously.

  3. C

    Identity basic causes of risks of more fundamental forces.

  4. D

    Achieve the relative weighting of the risks.

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Correct answer: A