PMI PMI-RMP Online Practice Questions and Exam Preparation

PMI PMI-RMP Online Questions & Answers

• Question 451:

  You work as a project manager for BlueWell Inc. You are working on a project and the management wants a rapid and cost-effective means for establishing priorities for planning risk responses in your project. Which risk management process can satisfy management's objective for your project?

  A. Historical information
  B. Qualitative risk analysis
  C. Quantitative analysis
  D. Rolling wave planning
  B. Qualitative risk analysis

• Question 452:

  After starting a new pipeline project, a risk manager schedules an initial meeting with the project sponsor. For the meeting, the project sponsor requests a presentation of the risks that have the most impact on achieving the project objectives. What should the risk manager do to facilitate the sponsor's ask?

  A. Monte Carlo analysis
  B. Qualitative risk analysis
  C. Sensitivity analysis
  D. Quantitative risk analysis
  C. Sensitivity analysis

• Question 453:

  You are the project manager for your organization. You are working with your key stakeholders in the qualitative risk analysis process. You understand that there is certain bias towards the risk events in the project that you need to address, manage, and ideally reduce. What solution does the PMBOK recommend to reduce the influence of bias during qualitative risk analysis?

  A. Establish the definitions of the levels of probability and impact
  B. Provide iterations of risk analysis for true reflection of a risk probability and impact
  C. Isolate the stakeholders by project phases to determine their risk bias
  D. Involve all stakeholders to vote on the probability and impact of the risk events
  A. Establish the definitions of the levels of probability and impact

• Question 454:

  A risk management professional is in the process of categorizing risks when a subject matter expert (SME) suggests categorizing the risks by their impact to the project objectives. Why should the risk management professional use this approach?

  A. To enable the team in identifying the specific causes of risks associated with project objectives.
  B. To ensure that project priorities are being appropriately factored into risk response plans.
  C. To determine there more attentive project leadership and organizational involvement is needed.
  D. To assign risks and risk severities to functional discipline and departments effectively.
  B. To ensure that project priorities are being appropriately factored into risk response plans.

• Question 455:

  You are working with your project stakeholders to identify risks within the JKP Project. You want to use an approach to engage the stakeholders to increase the breadth of the identified risks by including internally generated risk. Which risk identification approach is most suited for this goal?

  A. Delphi Technique
  B. SWOT analysis
  C. Assumptions analysis
  D. Brainstorming
  B. SWOT analysis

• Question 456:

  You work as a project manager for TechSoft Inc. You are preparing to plan risk responses for your project with your project team. How many risk responses are available for a positive risk event in the project?

  A. Three
  B. Four
  C. Seven
  D. One
  B. Four

• Question 457:

  During a major project review, the project manager discovers that large groups of internal management issues are obstructing progress. In reviewing the risk management plan, the project risk categories largely contain technical and customer relationship type risks. The project manager wants the risk management plan revised to account for these risk areas, particularly because the project has several more months before completion.

  Who should the project manager collaborate with to revise the risk management plan at this stage of the project?

  A. Risk manager, technical manager, and customers
  B. Project sponsor, product owner, and risk owners
  C. Risk manager, product owner, and risk owners
  D. Risk manager, risk owners, and project sponsor
  D. Risk manager, risk owners, and project sponsor

• Question 458:

  The project manager is unable to obtain a global consensus of competing subject matter experts and stakeholders on the project scope. This has caused a one-month delay. What should the project manager do next to reduce further delay?

  A. Initiate a scope change request.
  B. Schedule a project kick-off meeting.
  C. Schedule a stakeholder meeting.
  D. Engage the project sponsor/portfolio manager.
  D. Engage the project sponsor/portfolio manager.

• Question 459:

  An organization that spans across different countries undergoes a digital transformation project. The project manager has assigned a risk management team leader who is a risk management certified candidate in their domain. What should the risk management team leader do in the early stages of the project?

  A. Conduct qualitative risk analysis to prioritize potential risks.
  B. Plan a solid risk response plan and secure the necessary funding.
  C. Educate stakeholders on best practices to perform risk management.
  D. Benchmark to an organization which has executed a similar project,
  C. Educate stakeholders on best practices to perform risk management.

• Question 460:

  Jeff, a key stakeholder in your project, wants to know how the risk exposure for the risk events is calculated during quantitative risk analysis. He is worried about the risk exposure which is too low for the events surrounding his project requirements. How is the risk exposure calculated?

  A. The risk exposure of a risk event is determined by historical information.
  B. The probability of a risk event times the impact of a risk event determines the true risk exposure.
  C. The probability of a risk event plus the impact of a risk event determines the true risk exposure.
  D. The probability and impact of a risk event are gauged based on research and in-depth analysis.
  B. The probability of a risk event times the impact of a risk event determines the true risk exposure.