PMI PMI-RMP Online Practice Questions and Exam Preparation

PMI PMI-RMP Online Questions & Answers

• Question 501:

  Melody is the project manager for her organization. She has created a risk response to conduct more tests on the software her project is creating. The identified risk that prompted this response was that the software is mission-critical and must be flawless before it can be put into product. What type of a risk response has Melody used in this scenario?

  A. Mitigation
  B. Enhance
  C. Transference
  D. Avoidance
  A. Mitigation

• Question 502:

  Which of the following demonstrates that a company's risk management process is successful?

  A. Projects deemed too risky are given additional time.
  B. The number of identified risks has decreased.
  C. Profitability has increased due to the risk management process.
  D. Additional resources were added to complete the project faster.
  C. Profitability has increased due to the risk management process.

• Question 503:

  A risk facilitator is creating an outline for the risk management plan. To ensure alignment with the project's objectives, and to develop and recommend the project's risk strategy, what should be referenced to create this?

  A. Project management plan, project charter, stakeholder register, and organizational process assets
  B. Risk register, project charter, stakeholder register, and organizational process assets
  C. Project management plan, risk register, stakeholder register, and organizational process assets
  D. Strengths, weaknesses, opportunities, and threats (SWOT) analysis, project charter, stakeholder register, and organizational process assets
  A. Project management plan, project charter, stakeholder register, and organizational process assets

• Question 504:

  After presenting a list of risks to the major project stakeholders and project sponsor, the board requested the risks be sorted differently from the results presented by the project team. This is a major issue and will cause a 2-week delay in the project.

  How could the risk manager have avoided the board's response?

  A. Engaging the key stakeholders during the prioritization process
  B. Prioritizing the risks based on the project sponsor's risk appetite
  C. Engaging with the project sponsor before presenting to the board
  D. Working with an established industry standard prioritization method
  A. Engaging the key stakeholders during the prioritization process

• Question 505:

  A risk manager administered a pre-workshop risk survey in preparation for the upcoming workshop. The workshop invitees participated in the survey and submitted many risks encompassing all project phases and risk areas. The risk manager sorts risks by similarities and categories for the workshop.

  What should the risk manager do next to visually organize the risks?

  A. Develop an affinity diagram
  B. Perform the analytical hierarchy process
  C. Perform a SWOT analysis
  D. Assign probability and impact
  A. Develop an affinity diagram

• Question 506:

  A major data center initiative involves performing a sensitivity analysis to determine the center's required amount of disaster recovery. Several key stakeholders are in disagreement about which level of disaster recovery is required. The lessons learned disaster recovery plans, and the difference for this data center is its geographical location and unique climate requirements. The database includes examples from previous similar initiatives, as well as the competitor's advertised plans.

  What should the risk manager do to quantify the risk?

  A. Initiate a 360-degree assessment.
  B. Consult environmental enterprise factors for benchmarks.
  C. Review organizational process assets for guidance.
  D. Consider leveraging the Delphi technique.
  D. Consider leveraging the Delphi technique.

• Question 507:

  A risk manager assessed all project risks, and the team is now identifying common groupings of risks. What tool or technique is used to perform this risk assessment?

  A. Risk breakdown structure (RBS)
  B. Risk probability and impact assessment
  C. Risk register
  D. Risk identification checklist
  A. Risk breakdown structure (RBS)

• Question 508:

  A risk manager for a large project has completed documenting the risk management plan. The project is moving from planning to execution. Which three actions should the risk manager take to ensure the risk management plan remains effective during the project timeframe? (Choose 3)

  A. Verify whether or not any identified risks might occur and implement the risk response plan.
  B. Regularly check and report on the status of risks identified according to their prioritization.
  C. Monitor the status and oversee execution of the risk response plan for each identified risk.
  D. Ensure management reserves are sufficient to cover the mitigation plans for all identified risks.
  E. Allocate and lock in project resources according to the initial risk prioritization for all identified risks.
  B. Regularly check and report on the status of risks identified according to their prioritization.
  C. Monitor the status and oversee execution of the risk response plan for each identified risk.
  D. Ensure management reserves are sufficient to cover the mitigation plans for all identified risks.

• Question 509:

  A Scrum team has recently lost its product owner to another team. A new product owner has been hired for the Scrum team. This product owner is currently new to the project, unfamiliar with the team's practices, and does not have a full grasp of the product users. After a few sprints, the product owner is receiving constructive feedback from both internal and external stakeholders related to the direction of the product and its current challenges.

  What can the product owner do to improve the product's perception among stakeholders and ensure the team understands the product vision? (Choose 2)

  A. Re-assess the product goal, place it on the product backlog, and explain it to the team.
  B. Invite more stakeholders to the daily scrum meetings to voice their opinion of the product.
  C. Create sprint goals and communicate them at the sprint planning event.
  D. Invite product teams to more frequent reviews to observe the team's work and encourage feedback.
  E. Invite stakeholders to the sprint retrospective to brainstorm with the team improvements.
  A. Re-assess the product goal, place it on the product backlog, and explain it to the team.
  C. Create sprint goals and communicate them at the sprint planning event.

• Question 510:

  You work as a project manager for BlueWell Inc. You with your team are using a method or a (technical) process that conceives the risks even if all theoretically possible safety measures would be applied. One of your team member wants to know that what is a residual risk. What will you reply to your team member?

  A. It is a risk that can not be addressed by a risk response.
  B. It is a risk that will remain no matter what type of risk response is offered.
  C. It is a risk that remains because no risk response is taken.
  D. It is a risk that remains after planned risk responses are taken.
  D. It is a risk that remains after planned risk responses are taken.