PMI PMI-RMP Online Practice Questions and Exam Preparation

PMI PMI-RMP Online Questions & Answers

• Question 11:

  Ned is the project manager of the HNN project for your company. Ned has asked you to help him complete some probability distributions for his project. What portion of the project will you most likely use for probability distributions?

  A. Bias towards risk in new resources
  B. Risk probability and impact matrixes
  C. Risk identification
  D. Uncertainty in values such as duration of schedule activities
  D. Uncertainty in values such as duration of schedule activities

• Question 12:

  A risk manager is working on the risk management plan for a new digital platform and realizes the project sponsor, who is the IT manager, has not been invited to the project team meetings. The IT manager is concerned that the IT infrastructure is unable to host the new platform the team is creating. The risk manager asks the IT manager to be included in the meetings.

  What should the IT manager's role be in the project team meetings?

  A. The IT manager should be included as a risk owner.
  B. The IT manager should refine the project baseline plans.
  C. The IT manager should be added as a project sponsor.
  D. The IT manager should lead the infrastructure execution.
  A. The IT manager should be included as a risk owner.

• Question 13:

  There is a debate within the organization on whether projects need to be agile or waterfall. Some agile terms and principles are understood differently by the key stakeholders, and this delays the decision-making process.

  A. Organize training sessions to create awareness around the agile values for stakeholders.
  B. Facilitate a face-to-face discussion and have stakeholders agree to shift to agile for future projects.
  C. Recommend an external facilitator as no one in the organization is able to eliminate this roadblock.
  D. Allow stakeholders to discuss without the scrum master's intervention.
  A. Organize training sessions to create awareness around the agile values for stakeholders.

• Question 14:

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

• Question 15:

  A project manager of an IT company is assigned to a project whose schedule may be delayed due to a lack of resources to conclude the backlog activities. The project manager decides to hire additional developers to reduce the project's technical debt and meet the project deadline.

  What should the risk manager advise the project manager to do to address this situation?

  A. Immediately hire as soon as the project begins to fall behind schedule.
  B. Hire as soon as the project metrics trigger a risk response.
  C. Only hire when it is economically feasible to do so.
  D. Only hire if risk response is escalated and approved by the stakeholders.
  B. Hire as soon as the project metrics trigger a risk response.

• Question 16:

  You work as a project manager for BlueWell Inc. You are currently working with the project stakeholders to identify risks in your project. You understand that the qualitative risk assessment and analysis can reflect the attitude of the project team and other stakeholders to risk. Effective assessment of risk requires management of the risk attitudes of the participants. What should you, the project manager, do with assessment of identified risks in consideration of the attitude and bias of the participants towards the project risk?

  A. Evaluate and document the bias towards the risk events
  B. Evaluate the bias through SWOT for true analysis of the risk events
  C. Document the bias for the risk events and communicate the bias with management
  D. Evaluate the bias towards the risk events and correct the assessment accordingly
  D. Evaluate the bias towards the risk events and correct the assessment accordingly

• Question 17:

  A risk manager has to inform a project sponsor of the expected duration of an entire project. The project has three mam tasks, each with different probabilities of duration. Which analytical tool should the risk manager use?

  A. Probability tree diagram
  B. Ishikawa diagram
  C. Decision tree analysis
  D. Monte Carlo simul-ation
  D. Monte Carlo simul-ation

• Question 18:

  You are the project manager of the NHQ Project for your company. You have completed qualitative and quantitative analysis of your identified project risks and you would now like to find an approach to increase project opportunities and to reduce threats within the project. What project management process would best help you?

  A. Monitor and control project risks
  B. Create a risk governance approach
  C. Create the project risk register
  D. Plan risk responses
  D. Plan risk responses

• Question 19:

  During which of the following processes, probability and impact matrix is prepared?

  A. Perform Qualitative Risk Analysis
  B. Monitoring and Control Risks
  C. Plan Risk Responses
  D. Perform Quantitative Risk Analysis
  A. Perform Qualitative Risk Analysis

• Question 20:

  Elizabeth is a project manager for her organization and she finds risk management to be very difficult for her to manage. She asks you, a lead project manager, at what stage in the project will risk management become easier. What answer best resolves the difficulty of risk management practices and the effort required?

  A. Risk management only becomes easier the more often it is practiced.
  B. Risk management only becomes easier when the project is closed.
  C. Risk management only becomes easier when the project moves into project execution.
  D. Risk management is an iterative process and never becomes easier.
  A. Risk management only becomes easier the more often it is practiced.