PMI PMI-RMP Online Practice Questions and Exam Preparation

PMI PMI-RMP Online Questions & Answers

• Question 221:

  A project is In the initiation phase. The project stakeholders are Invited to a meeting to share their thoughts that may impact the project In a positive or negative way. What will be the main output of this meeting?

  A. Evaluating the project's probability of success
  B. Identifying threats and opportunities
  C. Evaluating the project's impact
  D. Performing a qualitative analysis
  B. Identifying threats and opportunities

• Question 222:

  

  Contingency Reserve Total: US$213,000

  Due to a mitigation strategy, Risk 4's probability has been reduced to 40%. What would be the new contingency reserve total?

  A. US$92,400
  B. US$145,800
  C. US$157,000
  D. Unable to calculate a total due to lack of pertinent information.
  C. US$157,000

• Question 223:

  A risk manager is assigned to a new system deployment project with a strict contractually agreed-on schedule. One of the key risks identified is the availability of experts because many are shared on other strategic projects in the organization.

  What should the risk manager do to address this situation?

  A. Implement a disciplined tracking method and report to stakeholders accordingly.
  B. Call for a project team meeting to review risk strategies and make required adjustments.
  C. Escalate the staffing topic to the sponsor and request more budget for contingencies.
  D. Revisit the project charter for scope adjustments and sign them off with the customer.
  B. Call for a project team meeting to review risk strategies and make required adjustments.

• Question 224:

  Adrian is a project manager for a new project using a technology that has recently been released and there's relatively little information about the technology. Initial testing of the technology makes the use of it look promising, but there's still uncertainty as to the longevity and reliability of the technology. Adrian wants to consider the technology factors a risk for her project. Where should she document the risks associated with this technology so she can track the risk status and responses?

  A. Project scope statement
  B. Risk register
  C. Project charter
  D. Risk low-level watch list
  B. Risk register

• Question 225:

  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
  D. Prioritization matrices

• Question 226:

  Jenny is the project manager for the NBT projects. She is working with the project team and several subject matter experts to perform the quantitative risk analysis process. During this process she and the project team uncover several risks events that were not previously identified. What should Jenny do with these risk events?

  A. The events should be entered into qualitative risk analysis.
  B. The events should be determined if they need to be accepted or responded to.
  C. The events should be entered into the risk register.
  D. The events should continue on with quantitative risk analysis.
  C. The events should be entered into the risk register.

• Question 227:

  An organization with a portfolio of unique business functions kicks-off a performance improvement project across the entire organization. There are a large number of stakeholders the project team will need to consider during risk identification.

  What three actions should the risk manager ensure the project team performs during risk identification? (Choose 3)

  A. Develop checklists based on historical information
  B. Conduct interviews, meetings, and focus groups
  C. Assign a different risk manager for each portfolio unit
  D. Employ brainstorming to generate spontaneous ideas
  E. Perform qualitative and quantitative risk analyses
  A. Develop checklists based on historical information
  B. Conduct interviews, meetings, and focus groups
  D. Employ brainstorming to generate spontaneous ideas

• Question 228:

  Jeff works as a project manager for BlueWell Inc. He is determining which risks can affect the project. Which of the following are the inputs to the identify risks process that Jeff will use to accomplish the task? Each correct answer represents a complete solution. Choose all that apply.

  A. Scope baseline
  B. Activity cost estimates
  C. Risk register
  D. Risk management plan
  A. Scope baseline
  B. Activity cost estimates
  D. Risk management plan

• Question 229:

  A two-year project with a budget of US$2 million has completed about 60% of the work at the end of the first year. The actual cost incurred to complete the remaining 40% of work is about USS1.5 million. As a part of performing a specialized risk analysis, the calculated schedule performance index (SPI) is 1.2 and cost performance index (CPI) is 0.53. How should the risk manager interpret such a low CPI value?

  A. The cost control processes is ineffective.
  B. The cost baseline is inaccurate.
  C. The actual reported costs are inaccurate.
  D. The cost related risks are effectively managed.
  B. The cost baseline is inaccurate.

• Question 230:

  You are the project manager for the NHH project. You are working with your project team to examine the project from four different defined perspectives to increase the breadth of identified risks by including internally generated risks. What risk identification approach are you using in this example?

  A. Root cause analysis
  B. SWOT analysis
  C. Influence diagramming techniques
  D. Assumptions analysis
  B. SWOT analysis