PMI PMI-RMP Online Practice Questions and Exam Preparation

PMI PMI-RMP Online Questions & Answers

• Question 391:

  A project manager has determined that they cannot outsource work nor eliminate the scope. They also discover that they cannot buy insurance or mitigate the risk. What should the project manager do?

  A. Avoid the risk
  B. Transfer the risk
  C. Ignore the risk
  D. Accept the risk
  D. Accept the risk

• Question 392:

  What quantitative tools and techniques are used to perform risk analysis in order to support stakeholder decision making for the project?

  A. Risk probability and impact assessment
  B. Sensitivity analysis
  C. Interviewing
  D. Probability and impact matrix
  C. Interviewing

• Question 393:

  You are the project manager of the GGH Project in your company. Your company is structured as a functional organization and you report to the functional manager that you are ready to move onto the quantitative risk analysis process. What things will you need as inputs for the quantitative risk analysis of the project in this scenario?

  A. You will need the risk register, risk management plan, permission from the functional manager, and any relevant organizational process assets.
  B. You will need the risk register, risk management plan, cost management plan, schedule management plan, and any relevant organizational process assets.
  C. You will need the risk register, risk management plan, outputs of qualitative risk analysis, and any relevant organizational process assets.
  D. Quantitative risk analysis does not happen through the project manager in a functional structure.
  B. You will need the risk register, risk management plan, cost management plan, schedule management plan, and any relevant organizational process assets.

• Question 394:

  A project manager has requested a risk manager facilitate risk identification on a project. While facilitating this effort, the project manager wants to ensure that stakeholders interact and provide their expertise so that an exhaustive list of risks is created.

  Which risk identification technique should the risk manager use?

  A. Prompt lists
  B. Interviews
  C. Delphi technique
  D. Nominal group technique
  D. Nominal group technique

• Question 395:

  A mega facility development project is evaluating some options to achieve the project schedule and budget. Each option's success is driven by multiple quantifiable factors. What should the project manager do to evaluate and select the best option based on costs and probabilities?

  A. Perform a FMECA fault tree analysis
  B. Conduct a sensitivity analysis
  C. Perform a decision tree analysis
  D. Conduct an analytic hierarchy process
  C. Perform a decision tree analysis

• Question 396:

  In what way can the risk manager determine when poor risk planning techniques are influencing the scope, schedule, quality, and/or budget of the project?

  A. Evaluate the results of the Monte Carlo analysis.
  B. Document and periodically update project risk information
  C. Monitor project metrics and performance information.
  D. Update the risk management plan.
  C. Monitor project metrics and performance information.

• Question 397:

  Sensitivity analysis is a technique for systematically changing parameters in a model to determine the effects of such changes and is useful for computer modelers for a range of purposes. Which of the following purposes does the sensitivity analysis include? Each correct answer represents a complete solution. Choose all that apply.

  A. Estimating the average outcome
  B. Model development
  C. Decision making or the development of recommendations for decision makers
  D. Increased understanding or quantification of the system
  B. Model development
  C. Decision making or the development of recommendations for decision makers
  D. Increased understanding or quantification of the system

• Question 398:

  A project risk manager is concerned about the low performance of risk management on a mission-critical project. After assessing the situation, the risk manager finds that the communication style may be the main contributor. What could the project risk manager do to adjust the approach to influence team members to improve performance?

  A. Use follow-up emails, adopt an open door policy, and ask for feedback
  B. Seek hidden agendas, vent frustrations, and allow others to vent frustrations
  C. Provide continuous support, counseling, build trust, and open communications
  D. Conduct one-on-one meetings, more frequent follow-up meetings, and implement the management by walking around technique.
  C. Provide continuous support, counseling, build trust, and open communications

• Question 399:

  A project team is discussing which risk requires more attention and resources for response planning. The team evaluated the schedule to determine which activity had the greatest impact on the project's total duration.

  After analyzing the quantitative analysis results, which activity should the team pay more attention to?

  Use the chart for the analysis.

  

  A. Activity 3.2
  B. Activity 2.3
  C. Activity 3.5
  D. Activity 1.2
  A. Activity 3.2

• Question 400:

  Which of the following would a proactive risk manager do during the Monitoring and Controlling Process?

  A. Develop risk responses, create risk management plan, and stay alert for risk events.
  B. Update the lessons learned documents, develop risk responses, and create the risk management plan.
  C. Review identified risks, stay alert for risk events, and remind team members to keep the risk manager informed about risk triggers.
  D. Review lessons learned document to identify risks, quantity risks, and lower impact ratings.
  C. Review identified risks, stay alert for risk events, and remind team members to keep the risk manager informed about risk triggers.