PMI PMI-RMP Online Practice Questions and Exam Preparation

PMI PMI-RMP Online Questions & Answers

• Question 261:

  The risk manager examines the enterprise environmental factors to gain an understanding of the stakeholders' risk appetite. However, risk appetites are not determined. What is the best method a risk manager should use to initially define the stakeholders' risk appetite?

  A. Review risk response strategies
  B. Conduct SWOT analysis.
  C. What-if scenario.
  D. Meetings and interviews with key stakeholders.
  D. Meetings and interviews with key stakeholders.

• Question 262:

  in a complex and critical project, a sponsor asks the risk manager to determine where the project's concentration of risks is greatest by performing a quantitative risk analysis. There are no organizational process assets (OPAs)s about the risk categories.

  Which tool could the risk manager use to discover the project risk categories?

  A. Work breakdown structure (WBS)
  B. Affinity diagram
  C. Monte Carlo simul-ation
  D. Mind mapping
  A. Work breakdown structure (WBS)

• Question 263:

  When should the benefits of quantitative risk analysis be weighed against the effort required to ensure that the additional insights and value justify the extra effort?

  A. During the Plan Risk Management process
  B. Once all individual risks have been scored
  C. After risks have been identified by stakeholders
  D. Once the overall project risk has been estimated
  A. During the Plan Risk Management process

• Question 264:

  The risk management process can be defined as which of the following?

  A. Iterative through the planning phase
  B. Baselined at the beginning of execution
  C. Iterative throughout the entire project
  D. Updated in the execution phase
  C. Iterative throughout the entire project

• Question 265:

  The Identify Risk process determines the risks that affect the project and document their characteristics. Why should the project team members be involved in the Identify Risk process?

  A. They are the individuals that will need a sense of ownership and responsibility for the risk events.
  B. They are the individuals that will have the best responses for identified risks events within the project.
  C. They are the individuals that are most affected by the risk events.
  D. They are the individuals that will most likely cause and respond to the risk events.
  A. They are the individuals that will need a sense of ownership and responsibility for the risk events.

• Question 266:

  A risk manager is facilitating a risk identification workshop on a new product with technical experts. There is no consensus among the technical experts on most of the identified risks and their characteristics. The risk manager decides to resolve this difference using another technique.

  Which technique should the risk manager use in this situation?

  A. Brainstorming
  B. Delphi method
  C. Focus group
  D. Checklist analysis
  B. Delphi method

• Question 267:

  Frank is the project manager of the NHQ project for his company. Frank is working with the project team, key stakeholders, and several subject matter experts on risks dealing with the new materials in the project. Frank wants to utilize a risk analysis method that will help the team to make decisions in the presence of the current uncertainty surrounding the new materials. Which risk analysis approach can Frank use to create an approach to make decisions in the presence of uncertainty?

  A. Monte Carlo Technique
  B. Qualitative risk analysis process
  C. Quantitative risk analysis process
  D. Delphi Technique
  C. Quantitative risk analysis process

• Question 268:

  Which of the following statements describe the purpose of an Issue Log? Each correct answer represents a complete solution. Choose all that apply.

  A. It analyzes the impact that the issue is having on the project.
  B. It tracks the actions taken to resolve the issue.
  C. It tracks the outcome of the actions taken.
  D. It addresses the risks that could affect the project.
  A. It analyzes the impact that the issue is having on the project.
  B. It tracks the actions taken to resolve the issue.
  C. It tracks the outcome of the actions taken.

• Question 269:

  The risk manager also serves as a facilitator for a project and realizes the project team members have biases impacting how they perceive risks. What analysis is currently being used?

  A. Quantitative risk analysis
  B. Force field analysis
  C. Qualitative risk analysis
  D. Stakeholder analysis
  C. Qualitative risk analysis

• Question 270:

  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?

  A. Each cause has a degree of uncertainty
  B. Each cause has well defined owner
  C. The causes represent actual conditions
  D. The causes must be validated by the risk owner
  C. The causes represent actual conditions