PMI PMI-RMP Online Practice Questions and Exam Preparation

PMI PMI-RMP Online Questions & Answers

• Question 601:

  Which of the following diagrams displays sensitivity analysis data?

  A. Fishbone
  B. Influence
  C. Tornado
  D. Cause and effect
  C. Tornado

• Question 602:

  The team has just completed a risk response planning session and identified responses for all the high and medium priority risks. What should the team do with the remaining low priority risks?

  A. Create risk responses later, as time allows.
  B. Add the risks to a watchlist for periodic monitoring.
  C. Remove the risks from the risk register.
  D. Conduct a low priority risk response planning workshop with key stakeholders.
  B. Add the risks to a watchlist for periodic monitoring.

• Question 603:

  You are the project manager of a large project that will last four years. In this project, you would like to model the risk based on its distribution, impact, and other factors. There are three modeling techniques that a project manager can use to include both event-oriented and project-oriented analysis. Which modeling technique does NOT provide event-oriented and project-oriented analysis for identified risks?

  A. Sensitivity analysis
  B. Jo-Hari Window
  C. Expected monetary value
  D. Modeling and simulation
  B. Jo-Hari Window

• Question 604:

  An agile project manager has noticed their team's declining morale, mistrust, and isolation over the last 6 months of working on a project. What should the agile project manager do to enhance productivity and create a cohesive team culture?

  A. Introduce performance standards and evaluation methods.
  B. Clarify project goals and project contract constraints.
  C. Promote cross-training and mentoring among team members.
  D. Develop a reward system related to position and years of experience.
  C. Promote cross-training and mentoring among team members.

• Question 605:

  The engineering department offers the project manager some highly-skilled resources for the same cost as those currently on board. What should the project manager do next to handle this situation?

  A. Create a change request to prevent a delay in getting the resources hired.
  B. Analyze the impact of replacing the resources and exploit the opportunity.
  C. Decline, to avoid changes in project team setup and stakeholder disruption.
  D. Accept the resources, to ensure project efficiency improvement is gained from the new resources.
  B. Analyze the impact of replacing the resources and exploit the opportunity.

• Question 606:

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

• Question 607:

  The project manager receives an updated project schedule from a sub team detailing the deliverables, dates, and durations for a critical milestone on the development and testing for offshore activities. This report is received one hour before a meeting with the chief executive officer (CEO) to present an updated master schedule of the critical path. The CEO has been promised a discussion on the project schedule several times. However, based on the recent update from the offshore team, the project manager realizes this new schedule is not realistic. There are new risks associated with it and it is not well thought out. Some key stakeholders want to present this revised plan to the CEO. This meeting has been postponed twice already.

  Which action should the project manager take before meeting with the CEO?

  A. Talk to the stakeholders before the meeting to discuss the options and ask their opinion.
  B. Present the revised master schedule to the CEO with the caveat that its being updated as new information is received, and these are the current dates at this point.
  C. Request the meeting be re-scheduled before presenting the master schedule to the CEO, stating that new major risks were identified and need to be assessed thoroughly.
  D. Present the revised schedule to the CEO and only answer questions about validity, if asked.
  A. Talk to the stakeholders before the meeting to discuss the options and ask their opinion.

• Question 608:

  While planning for project execution phase stakeholders are making decisions on how to respond to known and new risks. What artifact should the stakeholders prepare?

  A. Issue log
  B. Change log
  C. Assumption log
  D. Risk-adjusted back log
  D. Risk-adjusted back log

• Question 609:

  A risk is identified and documented by the risk manager, but it is unclear how this risk can be proactively managed. In this situation, what type of reserve should be allocated for the risk?

  A. Contingency
  B. Management
  C. Budget
  D. Residual
  A. Contingency

• Question 610:

  Bill is the project manager of the JKH Project. He and the project team have identified a risk event in the project with a high probability of occurrence and the risk event has a high cost impact on the project. Bill discusses the risk event with Virginia, the primary project customer, and she decides that the requirements surrounding the risk event should be removed from the project. The removal of the requirements does affect the project scope, but it can release the project from the high risk exposure. What risk response has been enacted in this project?

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