PMI PMI-RMP Online Practice Questions and Exam Preparation

PMI PMI-RMP Online Questions & Answers

• Question 471:

  Mary is a project manager in her organization. On her current project she is working with her project team and other key stakeholders to identify the risks within the project. She is currently aiming to create a comprehensive list of project risks so she is using a facilitator to help generate ideas about project risks. What risk identification method is Mary likely using?

  A. Brainstorming
  B. Delphi Techniques
  C. Checklist analysis
  D. Expert judgment
  A. Brainstorming

• Question 472:

  When processing freight invoices for a project, the project manager notices the shipping costs exceeded the budget due to increased fuel costs. The risk manager included this risk in the project's contingency allowance. When reviewing the project budget execution reports, the project manager notices unused budget remaining in other closed tasks of the project that could cover the additional shipping costs.

  What should the project manager do?

  A. Process the freight invoices at higher shipping costs against the project's contingency allowance.
  B. Request a formal change order from the customer to increase the project's total budget.
  C. Process the freight invoices for the budgeted amount and hope the shipping company will forgive the difference.
  D. Ask the project sponsor to cover the additional shipping costs on the company's reserves account.
  A. Process the freight invoices at higher shipping costs against the project's contingency allowance.

• Question 473:

  The project manager of a project in trouble actively participates in a project risk assessment. After the assessment is complete, the project manager receives the final results. What is the best recommended action to be taken from this point onward?

  A. Schedule a meeting and present the assessment results.
  B. Use the assessment results in the day-to-day management of project risks.
  C. Schedule a meeting with the project sponsor and discuss the assessment results.
  D. Use the assessment results to review the project hand over plan to operations.
  A. Schedule a meeting and present the assessment results.

• Question 474:

  John is the project manager of the NHQ Project for his company. His project has 75 stakeholders, some of which are external to the organization. John needs to make certain that he communicates about risk in the most appropriate method for the external stakeholders. Which project management plan will be the best guide for John to communicate to the external stakeholders?

  A. Risk Response Plan
  B. Risk Management Plan
  C. Communications Management Plan
  D. Project Management Plan
  C. Communications Management Plan

• Question 475:

  A project manager is hired as a consultant by the executive sponsor to manage a major change program that has experienced two past failures. The current executive sponsor believes the project is in good shape based on feedback from the last project manager and reports this to senior executive management. The executive sponsor believes there were no major risks threatening the time, budget, or quality of the project. In the first week of risk analysis, the project manager concludes the project timeline is unrealistic and is three months behind schedule. The organization's risk appetite is low.

  What is the first step that should be taken?

  A. Review the project schedule and recommend fast tracking the schedule and/or crashing the critical path.
  B. Discuss the project schedule with the executive sponsor and agree on a strategy for updating the risk management plan and risk response plans.
  C. Update existing risk response plans and include more resources to get the project back on track.
  D. Immediately call a steering committee meeting, report the project status, and suggest project scope reductions to save time.
  B. Discuss the project schedule with the executive sponsor and agree on a strategy for updating the risk management plan and risk response plans.

• Question 476:

  The risk manager for a data center infrastructure project performs a risk audit. Which of the following represents the primary goals of the audit?

  A. Assess performance of project team members and make required changes.
  B. Document new risks identified and take the appropriate actions.
  C. Assess responsibilities of risks that have occurred and take the appropriate actions.
  D. Document what went well and not so well with the risk management process, and recommend actions to improve.
  C. Assess responsibilities of risks that have occurred and take the appropriate actions.

• Question 477:

  A risk manager has been assigned to a project constructing a chemical laboratory. Unfamiliar with chemical laboratories, the risk manager is unsure of where to start objectively identifying risks. What should the risk manager do?

  A. Import a risk register from other industry chemical laboratories.
  B. Define chemical laboratory safety risk thresholds.
  C. Review published operational experience reports.
  D. Draft threat and opportunity risks that come to mind.
  C. Review published operational experience reports.

• Question 478:

  A new vice president in one of its divisions observed that the portfolio of projects within their division experienced significant variations beyond the ?0% established threshold with the potential of not achieving its overall business goals. Hence, they directed all project leaders and sponsors to ensure that they set and work toward more stringent thresholds of ?% and reports on the basis of any variance outside that range.

  How should the risk manager respond?

  A. Assess the impacts of this change but do nothing as the project is still within the enterprise-wide threshold.
  B. Assess and modify the project risk management plan in response to the new directive.
  C. Accept project risks since it is already within the enterprise-wide threshold.
  D. Advise that the decision could increase the risk of their portfolio exponentially.
  B. Assess and modify the project risk management plan in response to the new directive.

• Question 479:

  While performing risk identification exercises, the risk manager often encounters biases from the project team. How can the risk manager accurately identify what will trigger a risk?

  A. Remind the project team to keep an open mind
  B. Review the results with the project manager afterward
  C. Review published operational experience reports
  D. Use the mean answers provided by the project team
  C. Review published operational experience reports

• Question 480:

  A subcontractor working on a project may cause delays in the construction schedule. The project manager records this risk in the risk register and issues a change request sponsor rejects the change request. What should the project manager have done differently?

  A. Executed the risk strategy response and recorded it in the risk register.
  B. Performed an analysis to affirm the request is valid before submitting.
  C. Informed the client and the project sponsor that the request is being submitted.
  D. Contacted the other stakeholders so they know the request is in process.
  B. Performed an analysis to affirm the request is valid before submitting.