The risk manager for a large-scale software development project with a tight deadline and multiple stakeholders highlights concerns about potential delays, communication gaps, and vendor reliability. During the early stages of the project, the project sponsor requests that the risk manager identify and address any potential risks that could disrupt project delivery.
What should the risk manager do?
A. Create a list of potential issues.An agriculture government agency faces different challenges with farmers and landlords In implementing its ambitious growth strategy. The agency decided to establish an enterprise risk management unit to identify risks, analyze risks, and provide a handbook showing how to handle the surrounding uncertainty.
What should the risk management expert recommend the agency do first to identify risks and develop the handbook?
A. Follow standard risk Identification tools dedicated for agriculture and tailor them to the environment.During the design phase the project team is exploring various architecture options. After reviewing the results of design pilot, two conflicting infrastructure pieces were identified. What action should the project manager take?
A. Reassess the design for the two pieces.When analyzing the reward system in a company, there is evidence that "fire-fighter behavior" is the highest rewarded behavior. It suggests that people are dealing with major problems primarily in an emergency mode, and deploying quickly. Secondly, those who work efficiently are getting the most attention and recognition for their efforts.
What impact does this observation potentially have on the risk management process?
A. Nothing, since the reward system does not have any impact on the risk management process.Ben works as a project manager for the MJH Project. In this project, Ben is preparing to identify stakeholders so he can communicate project requirements, status, and risks. Ben has elected to use a salience model as part of his stakeholder identification process. Which of the following activities best describes a salience model?
A. Influence/impact grid, grouping the stakeholders based on their active involvement ("influence") in the project and their ability to affect changes to the project's planning or execution ("impact").During a status meeting, a functional manager complains that the server backup failed, impacting the department. This was a known risk documented in the risk register as an accepted risk. After reviewing the meeting minutes, itis determined that the functional manager had not participated in the risk planning phase.
Which of the identification methods should have been applied?
A. Qualitative analysisHow can the project manager rank competing stakeholder priorities for all the identified risks?
A. Perform qualitative and quantitative risk analysis.During the risk management planning, key stakeholders recommend adding more factors other than probability and the impact to refine the score of prioritized threats in subsequent iterations of the qualitative risk analysis. The stakeholders ask the risk manager to prepare a list to discuss this further.
Which three valid factors should the risk manager prepare on the list for discussion? (Choose 3) A. Compatibility
B. Urgency
C. Usability
D. Proximity
E. Detectability
Correct Answer. BDEWhich of the following templates may be included in the risk management plan?
A. Formal structure for a risk statementThe project manager wants to use an objective method to evaluate the key project risks and develop response plans. What action should the risk manager propose?
A. Ask the team to perform an earned value analysis.Nowadays, the certification exams become more and more important and required by more and more enterprises when applying for a job. But how to prepare for the exam effectively? How to prepare for the exam in a short time with less efforts? How to get a ideal result and how to find the most reliable resources? Here on Vcedump.com, you will find all the answers. Vcedump.com provide not only PMI exam questions, answers and explanations but also complete assistance on your exam preparation and certification application. If you are confused on your PMI-RMP exam preparations and PMI certification application, do not hesitate to visit our Vcedump.com to find your solutions here.