PMI PMI-RMP Online Practice Questions and Exam Preparation

PMI PMI-RMP Online Questions & Answers

• Question 521:

  You work as a project manager for BlueWell Inc. You are preparing for the risk identification process. You will need to involve several of the project's key stakeholders to help you identify and communicate the identified risk events. You will also need several documents to help you and the stakeholders identify the risk events. Which one of the following is NOT a document that will help you identify and communicate risks within the project?

  A. Risk register
  B. Activity cost estimates
  C. Stakeholder register
  D. Activity duration estimates
  A. Risk register

• Question 522:

  You are the project manager of the NHQ project for your company. Management has told you that you must implement an agreed upon contingency response if the Cost Performance Index in your project is less than 0.90. Consider that your project has a budget at completion of $250,000 and is 60 percent complete. You are scheduled to be however, 75 percent complete, and you have spent $165,000 to date. What is the Cost Performance Index for this project to determine if the contingency response should happen?

  A. -$37,500
  B. 0.91
  C. 0.88
  D. 0.80
  B. 0.91

• Question 523:

  The sponsor hires a program manager as a consultant to evaluate a change program currently underway. The leading program manager tells the consultant that the program, currently in the execution phase, is in good standing, and detailed plans are available for review. The consultant reviews the project documentation and talks to the stakeholders, finding the opposite to be true. The project must be in recovery mode to get it back on track, and its still in the planning phase. There is low morale among the team members, the meetings are poorly managed, the detailed schedule has gaps, the risk register has not been updated for months, communications and detailed resource plans do not exist, and contract negotiations with a key vendor are behind schedule for critical deliverables.

  What is the first course of action the program manager should take based on the current state?

  A. Cancel or put the project on hold, and hire a new program manager.
  B. Assess the risk management plan and adjust it accordingly to accommodate the gaps.
  C. Continue the project and create the project documentation that is missing.
  D. Meet with the project sponsor to report current findings, review current risk management plan and develop a corrective course of action.
  D. Meet with the project sponsor to report current findings, review current risk management plan and develop a corrective course of action.

• Question 524:

  A risk manager faces resistance as they try to implement the project's risk strategy. Some members of the project team believe it is a waste of time and money, What should the risk manager do?

  A. Continue to implement the risk strategy
  B. Meet with team members to address their concerns.
  C. Reduce the number of risk management activities.
  D. Raise the concerns with the project sponsor,
  B. Meet with team members to address their concerns.

• Question 525:

  A risk manager schedules workshops for identifying risks about an initiative involving multiple business units, recruitments for different roles, procurements, technological uplift, training, and changes in the ways of working. Who should participate in the risk management activity?

  A. Core project team
  B. Internal and external stakeholders
  C. Key business stakeholders
  D. Internal stakeholders only
  B. Internal and external stakeholders

• Question 526:

  You are the project manager of the GHY project for your organization. You are working with your project team to begin identifying risks for the project. As part of your preparation for identifying the risks within the project you will need eleven inputs for the process. Which one of the following is NOT an input to the risk identification process?

  A. Quality management plan
  B. Cost management plan
  C. Stakeholder register
  D. Procurement management plan
  D. Procurement management plan

• Question 527:

  You are working as a project manager in your organization. You are nearing the final stages of project execution and looking towards the final risk monitoring and controlling activities. For your project archives, which one of the following is an output of risk monitoring and control?

  A. Quantitative risk analysis
  B. Risk audits
  C. Requested changes
  D. Qualitative risk analysis
  C. Requested changes

• Question 528:

  A complex project that had hundreds of risks is almost done. The project manager is closing the risks as part of the closing process. One team member mentions that there are important documents to be updated. Which document will need to be updated?

  A. Lessons learned
  B. Contingency register
  C. Risk register
  D. Issue log
  A. Lessons learned

• Question 529:

  You work as a project manager for BlueWell Inc. Your project is running late and you must respond to the risk. Which risk response can you choose that will also cause you to update the human resource management plan?

  A. Teaming agreements
  B. Transference
  C. Crashing the project
  D. Fast tracking the project
  C. Crashing the project

• Question 530:

  You work as a project manager for TechSoft Inc. You, the project team, and the key project stakeholders have completed a round of quantitative risk analysis. You now need to update the risk register with your findings so that you can communicate the risk results to the project stakeholders - including management. You will need to update all of the following information except for which one?

  A. Probabilistic analysis of the project
  B. Probability of achieving cost and time objectives
  C. Risk distributions within the project schedule
  D. Trends in quantitative risk analysis
  C. Risk distributions within the project schedule