PMI PMI-RMP Online Practice Questions and Exam Preparation

PMI PMI-RMP Online Questions & Answers

• Question 251:

  A risk manager is assigned to a short-term telecommunications upgrade project. This project is not technically complex, but has rigorous implementation timelines, and very little cost reserve available to address potential problems. The project manager indicates that completing the project on time is critical, but should not be done at the expense of performance.

  Which aspect of risk impact is most important when designing the risk impact scale?

  A. Technical performance
  B. Cost
  C. Technical requirements
  D. Schedule
  A. Technical performance

• Question 252:

  Your organization, as part of its enterprise environmental factors, has established risk governance to be implemented in each project. Part of this governance is the reassessment of risks within each project. How much detail and repetition in approach for risks to be reassessed for probability and impact?

  A. Each risk reassessment should go into the same depth as the original risk assessment activity.
  B. The probability and impact of risk event should determine the level of reassessment throughout the project lifecycle.
  C. The amount of detail of repetition that is appropriate depends on how the project progresses relative to its objectives.
  D. The level of detail and reassessment should reflect the priority of the project.
  C. The amount of detail of repetition that is appropriate depends on how the project progresses relative to its objectives.

• Question 253:

  Shawn is the project manager of the WHT Project for his company. In this project Shawn's team reports that they have found a way to complete the project work for less cost than what was originally planned. The project team presents a new software that will help to automate the project work. While the software and the associated training costs $25,000 it will save the project nearly $65,000 in total costs. Shawn agrees to the software and changes to the project management plan accordingly. What type of risk response has been used in this instance?

  A. Avoidance
  B. Exploiting
  C. Accepting
  D. Enhancing
  B. Exploiting

• Question 254:

  A risk manager has noticed that response actions are not working as expected when a risk occurs, mainly because the risk triggers are not well-defined. Which tool should the risk manager use to facilitate risk trigger identification in the upcoming risk review assessment?

  A. Risk burndown chart
  B. Ishikawa diagram
  C. Risk breakdown structure (RBS)
  D. Affinity diagram
  C. Risk breakdown structure (RBS)

• Question 255:

  What risk identification technique allows participants to identify the project risks and to remain anonymous?

  A. Influence diagrams
  B. Assumptions analysis
  C. Surveys
  D. Delphi technique
  D. Delphi technique

• Question 256:

  Critical deliverables are delayed, because a key subject matter expert (SME) does not have enough time to allocate to the tasks. How could the situation be improved for the future?

  A. Cross train others to reduce the SME workload.
  B. Introduce scope reductions to limit the reliance on SMEs.
  C. Replace the SME with resources, who are responsible for receiving output from the SME on their deliverables.
  D. Extend the project schedule timeline to accommodate availability of the SME.
  B. Introduce scope reductions to limit the reliance on SMEs.

• Question 257:

  A project is in the execution phase and involves large volumes of supplies. The project is the last phase of a 10-year initiative. The project sponsor asks the project manager to provide the performance report for the whole initiative. Which analysis should the risk manager do to provide the project manager with the performance report?

  A. Time Series Analysis
  B. Regression Analysis
  C. Variance Analysis
  D. Monte Carlo Analysis
  C. Variance Analysis

• Question 258:

  A project team's risk facilitator identifies a number of risks and must prioritize them based on the organization's risk appetite levels. Which technique should be used?

  A. PERT
  B. Stakeholder risk profile analysis
  C. Project scope statement analysis
  D. Monte Carlo technique
  B. Stakeholder risk profile analysis

• Question 259:

  The risk manager is documenting the results of the Monitor Risks process to add them to the lessons learned database.

  A. Effectiveness of risk response
  B. Unexpected or undocumented risks which occur
  C. Relevant risk data
  D. Management reserve report Which of the following should be included?
  E. A, B, C
  F. A, C, D
  G. B, C, D
  H. A, B, D
  A. Effectiveness of risk response

• Question 260:

  

  The project values are in thousands. What is the average cost of the project?

  A. US$8,614,000
  B. US$8,764,000
  C. US$8,495,000
  D. US$8,619,000
  A. US$8,614,000