PMI PMI-RMP Online Practice Questions and Exam Preparation

PMI PMI-RMP Online Questions & Answers

• Question 321:

  Wendy is the project manager of the FBL project for your company. She has identified several risks within her project and has created a risk contingency reserve of $45,000 total. Her project is nearly complete and many of the risks have not happened in the project. What should Wendy do with the funds in the contingency reserve?

  A. The funds remain in the contingency reserve until all of the risks have passed.
  B. The funds for the risks that have passed and have not happened are transferred to the project budget.
  C. The funds for the risks that have passed and have not happened are released.
  D. The funds remain in the contingency reserve until the project is closed.
  C. The funds for the risks that have passed and have not happened are released.

• Question 322:

  A company has implemented a policy requirement for employees to use complex passwords and update them regularly. A few employees are unable to make the changes, which increases the likelihood of cybercriminals compromising their passwords.

  What should the risk manager do?

  A. Increase the residual risk monitoring.
  B. Increase the inherent risk monitoring.
  C. Reassess the inherent risk level.
  D. Reassess the residual risk level.
  C. Reassess the inherent risk level.

• Question 323:

  A project manager for a predictive project just received a scope change request where additional development is required. What should the risk manager do to support the project manager with this scope change request?

  A. Evaluate any new risks that are introduced due to the change in scope.
  B. Update the risk management plan to reflect the scope change.
  C. Reassess the identified risks that impact the project scope.
  D. Update the risk register to identify, analyze, and plan a response for any new risk.
  A. Evaluate any new risks that are introduced due to the change in scope.

• Question 324:

  During project execution, the project team realizes that the power outlet for imported equipment is not compatible with the current customers electrical infrastructure. This event was not originally identified as a risk. To maintain the project schedule, the project manager decides to purchase a new power adapter.

  What type of response best describes this course of action?

  A. Contingency plan
  B. Management plan
  C. Fallback plan
  D. Workaround
  D. Workaround

• Question 325:

  Which of the following are examples of relevant data gathering tools?

  A. Risk response plan and interviews
  B. Questionnaires and historical data
  C. Work breakdown structure an historical data
  D. Work breakdown structure and interviews
  B. Questionnaires and historical data

• Question 326:

  The project team has correctly identified, assessed, and planned responses for a project's risks. The risk manager is required to prepare a quarterly report on the performance of managing the risks. What are two options the risk manager should consult for the analysis? (Choose two.)

  A. Proximity dales for open risks
  B. Backlog of change orders to be submitted to client
  C. Risks that have materialized and the overall risk profile
  D. Number of schedule baseline changes approved
  E. Risks due to the number of claims submitted to the client
  C. Risks that have materialized and the overall risk profile
  E. Risks due to the number of claims submitted to the client

• Question 327:

  A critical piece of equipment broke during a project execution phase. The risk manager notices this risk in the risk register, and the response is to rent equipment until the critical piece is repaired. What type of risk response is this?

  A. Transfer
  B. Accept
  C. Mitigate
  D. Avoid
  C. Mitigate

• Question 328:

  FILL BLANK Fill in the blank with an appropriate phrase. The _________ is the risk or danger of an action or an event, a method or a (technical) process that still conceives these dangers even if all theoretically possible safety measures would be applied.

  residual risk

• Question 329:

  You are the project manager of the HJK project for your organization. You and the project team have created risk responses for many of the risk events in the project. A teaming agreement is an example of what risk response?

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

• Question 330:

  Della works as a project manager for SoftTech Inc. She is working with the project stakeholders to begin the quantitative risk analysis process. Which of the following inputs will be needed for the quantitative risk analysis process in her project? Each correct answer represents a complete solution. Choose all that apply.

  A. Risk management plan
  B. Project scope statement
  C. Risk register
  D. Cost management plan
  A. Risk management plan
  C. Risk register
  D. Cost management plan