PMI PMI-RMP Online Practice Questions and Exam Preparation

PMI PMI-RMP Online Questions & Answers

• Question 91:

  Which of the following characteristics would a risk-adverse person or group demonstrate?

  A. Reasonable comfort with most uncertainty; accepts risk as a normal feature of projects and business, and takes uncertainty in stride with no apparent or significant influence on their behavior.
  B. Risk taking is a price worth paying for future payoffs, seeks strategies and tactics that have high future payoffs, thinks abstractly and creatively envisioning possibilities, and is not afraid of change or unknowns.
  C. Discomfort with uncertainty, low tolerance for ambiguity, and seeks security and resolution when facing risk.
  D. Adaptable and resourceful, and is not afraid to take action, or even thrill seeking.
  C. Discomfort with uncertainty, low tolerance for ambiguity, and seeks security and resolution when facing risk.

• Question 92:

  Tom is the project manager for his organization. In his project he has recently finished the risk response planning. He tells his manager that he will now need to update the cost and schedule baselines. Why would the risk response planning cause Tom the need to update the cost and schedule baselines?

  A. New or omitted work as part of a risk response can cause changes to the cost and/or schedule baseline.
  B. Risk responses protect the time and investment of the project.
  C. Risk responses may take time and money to implement.
  D. Baselines should not be updated, but refined through versions.
  A. New or omitted work as part of a risk response can cause changes to the cost and/or schedule baseline.

• Question 93:

  During a project team meeting, a risk manager realizes that the initial assumptions on the project schedule are too optimistic. The risk manager believes that the project might not meet its deadline as initially stated. What is the reason for misunderstanding the assumptions from the beginning?

  A. Government regulations have changed in the last week, and now additional approval processes are required.
  B. The team's compensation was reduced and they lost the motivation to comply with the project deadline.
  C. The stakeholders prepared the initial schedule assumptions based only on the results of the last project.
  D. The sponsor had neither presented the actual results to the stakeholders nor updated the initial assumptions.
  C. The stakeholders prepared the initial schedule assumptions based only on the results of the last project.

• Question 94:

  A project in the execution phase at the customer's site has an issue concerning new parts that do not fit properly into a machine. The site project manager cannot find this high probability risk in the risk register. What action should the site project manager take?

  A. Variance analysis
  B. Workaround
  C. Risk assessment
  D. Risk audit
  D. Risk audit

• Question 95:

  Beth is a project team member on the JHG Project. Beth has added extra features to the project and this has introduced new risks to the project work. The project manager of the JHG project elects to remove the features Beth has added. The process of removing the extra features to remove the risks is called what?

  A. Preventive action
  B. Corrective action
  C. Scope creep
  D. Defect repair
  A. Preventive action

• Question 96:

  A certain risk is identified for a major project, and the risk response is planned. However, the analysis reveals a high probability for a secondary risk which will be tolerated based on the organization's risk thresholds. The secondary risk is subsequently registered. During project execution, the primary risk occurs, the planned action is taken, and the secondary risk emerges

  What two actions should the risk owner take? (Choose two.)

  A. Implement the secondary risk response and update the project documents.
  B. Conduct meeting with all stakeholder to agree on post impact solutions.
  C. Set the corresponding trigger conditions to the secondary risk.
  D. Engage the project manager to authorize the secondary risk's response.
  E. Update and communicate assessments of the secondary risk's impact.
  A. Implement the secondary risk response and update the project documents.
  E. Update and communicate assessments of the secondary risk's impact.

• Question 97:

  A project's design has been completed and approved on time. The construction subcontractor should be mobilizing to start construction but does not have the necessary materials in place, causing a delaying in the project. The risk register only contains risks for the design phase of the project.

  What should the project manager have done differently?

  A. Executed the Monte Carlo sensitivity analysis prior to mobilization
  B. Added generic construction risks to the risk register before construction began
  C. Reviewed the assumptions/exclusions register in the project charter
  D. Performed risk identification exercises for the full lifecycle of the project
  D. Performed risk identification exercises for the full lifecycle of the project

• Question 98:

  During the construction of a housing development, a project team realizes they exceeded their materials budget during the first of three execution stages. The risk manager observed that the team did not notice that the cost of the materials increased due to continuous inflation in the steel market.

  What could have been done during project planning to avoid overspending?

  A. Met weekly with the finance team to monitor the cost
  B. Communicated with the stakeholders that the project costs might increase
  C. Properly documented the triggers and actions for the risk
  D. Engaged with the sponsor to buy the steel in advance of the project
  C. Properly documented the triggers and actions for the risk

• Question 99:

  What steps would be used during the qualitative risk analysis process to provide input to the risk register?

  A. Select risks characteristic, collect and analyze data, prioritize risks, categorize risks causes, document results
  B. Interviews, expert opinions, sponsor inputs, risk manager review, prioritize risks, and document results
  C. Interviews, export opinions, risk manager review, prioritize risks, and document results
  D. Select risks characteristics, collect and analyze data, prioritize risks, discuss action plans for major risks, document results
  B. Interviews, expert opinions, sponsor inputs, risk manager review, prioritize risks, and document results

• Question 100:

  The project's customer has stated the project must be completed by a date indicated as the P90 date established on the Monte Carlo analysis. What should the project manager do to ensure the P90 date is met?

  A. Update the assumptions/exclusions register
  B. Hire more resources and crash the schedule
  C. Perform a qualitative risk analysis for the project
  D. Mitigate risks identified on the sensitivity analysis
  D. Mitigate risks identified on the sensitivity analysis