PMI PMI-RMP Online Practice Questions and Exam Preparation

PMI PMI-RMP Online Questions & Answers

• Question 21:

  You are the project manager for TTP project. You are in the Identify Risks process. You have to create the risk register. Which of the following are included in the risk register? Each correct answer represents a complete solution. Choose two.

  A. List of mitigation techniques
  B. List of key stakeholders
  C. List of identified risks
  D. List of potential responses
  C. List of identified risks
  D. List of potential responses

• Question 22:

  Which of the following is a risk response planning technique associated with threats that seeks to reduce the probability of occurrence or impact of a risk to below an acceptable threshold?

  A. Avoidance
  B. Exploit
  C. Transference
  D. Mitigation
  D. Mitigation

• Question 23:

  A risk manager completed risk response planning for a project that is currently in the execution phase. During a periodic review of the risk register, the project manager recognizes that some key secondary risks have not been considered. Who should the project manager hold accountable for missing the risks?

  A. The audit team
  B. The risk manager
  C. The risk owners
  D. The discipline engineers
  B. The risk manager

• Question 24:

  You are the project manager of a large construction project. Part of the project involves the wiring of the electricity in the building your project is creating. You and the project team determine the electrical work is too dangerous to perform yourself so you hire an electrician to perform the work for the project. This is an example of what type of risk response?

  A. Acceptance
  B. Mitigation
  C. Transference
  D. Avoidance
  C. Transference

• Question 25:

  Which statement describes the risk portrayed on the risk matrix heat map below?

  A. The risk has a probability of 60% of occurrence and a medium impact rating.
  B. The risk has a probability of 40% of occurrence and a high impact rating.
  C. The risk has a high impact and probability of occurring.
  D. The risk has a low probability and high impact rating.
  B. The risk has a probability of 40% of occurrence and a high impact rating.

• Question 26:

  A project team is presenting a delivery plan to a client. Some of the client's experts do not feel comfortable with some activities at a critical stage. The experts ask to change the plan and present a better alternative. What should the risk manager do first?

  A. Review and update the project quality management plan.
  B. Conduct a risk assessment process for the critical stage.
  C. Create a more detailed work breakdown structure (WBS).
  D. Add additional time to the delivery plan to cover issues.
  B. Conduct a risk assessment process for the critical stage.

• Question 27:

  A product roadmap should contain which of these primary components?

  A. Detailed design plan, business objectives, timeframes
  B. Project management plan, communications management plan, stakeholder engagement plan
  C. Project release timeframes, detailed design plan
  D. Product vision, business objectives, timeframes
  D. Product vision, business objectives, timeframes

• Question 28:

  During a company's audit, it is found that no risk management information exists within the lessons learned database. What could the company do to increase the amount of risk management organizational process assets?

  A. Require the project manager to record significant risk management information, to provide concrete data in the lessons learned database for future projects.
  B. Require the PMO to merge and distribute risk logs to all key stakeholders associated with risk management.
  C. Require the project manager to update the project management office (PMO) policy and procedures on an iterative basis to ensure relevancy to current projects.
  D. Require the PMO to perform quality audits on all active projects, to ensure alignment with communication industry standards.
  A. Require the project manager to record significant risk management information, to provide concrete data in the lessons learned database for future projects.

• Question 29:

  A project team in a multinational organization is working on a risk management plan for a multimillion-dollar project. This project involves three global regions with a wide range of critical stakeholders with varying degrees of risk appetite. What should the risk manager advise the project team to do?

  A. Align the project risk thresholds with the risk appetite of a critical region.
  B. Align the project risk thresholds with the organizational risk appetite.
  C. Concentrate on the risk appetites of the influential stakeholders.
  D. Concentrate on the risk appetites of the vulnerable stakeholders.
  B. Align the project risk thresholds with the organizational risk appetite.

• Question 30:

  Don is the project manager of the PFO project for his organization. Don is working with the project team members and two subject matter experts to assess the identified risk events in the project. Which of the following approaches is the best to assess the risk events in the project?

  A. Determination of the true cost of the risk event
  B. Probability and Impact Matrix
  C. Root cause analysis
  D. Interviews or meetings
  D. Interviews or meetings