PMI PMI-RMP Online Practice Questions and Exam Preparation

PMI PMI-RMP Online Questions & Answers

• Question 641:

  Joan is a project management consultant and she has been hired by a firm to help them identify risk events within the project. Joan would first like to examine the project documents including the plans, assumptions lists, project files, and contracts. What key thing will help Joan to discover risks within the review of the project documents?

  A. The project documents will help the project manager, or Joan, to identify what risk identification approach is best to pursue.
  B. Lack of consistency between the plans and the project requirements and assumptions can be the indicators of risk in the project.
  C. Poorly written requirements will reveal inconsistencies in the project plans and documents.
  D. Plans that have loose definitions of terms and disconnected approaches will reveal risks.
  B. Lack of consistency between the plans and the project requirements and assumptions can be the indicators of risk in the project.

• Question 642:

  Upon reviewing the risk analysis results, the project manager notices several risks that occur more frequently than others. What should the project manager do?

  A. Reduce the probabilities of those risks on the risk register
  B. Transfer ownership of those risks to the customer
  C. Implement the risk handling strategies for those risks
  D. Request additional management reserve for those risks
  D. Request additional management reserve for those risks

• Question 643:

  Lamont is the project manager of a project that has recently finished the final project deliverables. The project customer has signed off on the project deliverable and Lamont has a few administrative closure activities to complete. In the project, there were several large risks that could have wrecked the project but Lamont and his project team found some creative methods to resolve the risks without affecting the project costs or project end date. What should Lamont do with the risk responses he identified during the project's monitoring and controlling process?

  A. Include the risk response in the project risk management plan.
  B. Include the responses in the project management plan.
  C. Nothing. The risk responses are included in the project's risk register already.
  D. Include the risk responses in the organization's lessons learned database.
  D. Include the risk responses in the organization's lessons learned database.

• Question 644:

  Billy is the project manager of the HAR Project and is in month six of the project. The project is scheduled to last for 18 months. Management asks Billy how often the project team is participating in risk reassessment in this project. What should Billy tell management if he's following the best practices for risk management?

  A. Project risk management is scheduled for every month in the 18-month project.
  B. Project risk management has been concluded with the project planning.
  C. At every status meeting the project team project risk management is an agenda item.
  D. Project risk management happens at every milestone.
  C. At every status meeting the project team project risk management is an agenda item.

• Question 645:

  Your project is an agricultural-based project that deals with plant irrigation systems. You have discovered a byproduct in your project that your organization could use to make a profit. If your organization seizes this opportunity it would be an example of what risk response?

  A. Enhancing
  B. Opportunistic
  C. Positive
  D. Exploiting
  D. Exploiting

• Question 646:

  A complex infrastructure construction project consisting of various stakeholders with diverse attitudes and opinions is in the execution phase. The project sponsor instructed the risk manager to evaluate the project environment and identify potential risks because many conflicts have arisen.

  What should the risk manager do first?

  A. Perform an assumptions and constraints analysis.
  B. Use the Wideband Delphi method.
  C. Use the brainstorming technique.
  D. Perform a strength, weaknesses, opportunities, and threats (SWOT) analysis.
  A. Perform an assumptions and constraints analysis.

• Question 647:

  In the middle of a project to improve internal workflows, the team realizes that some previously identified challenges, such as lack of stakeholder engagement, have diminished. However, the risk manager determines that concerns related to resource availability and regulatory compliance are becoming more significant.

  Which measures should the risk manager implement?

  A. Concentrate on monitoring only high-visibility risks to conserve resources.
  B. Focus on tracking the risks identified at the project's start to maintain consistency.
  C. Reassess risk priorities carefully and update the risk register on a regular basis.
  D. Delegate all monitoring responsibilities entirely to individual team members for efficiency.
  C. Reassess risk priorities carefully and update the risk register on a regular basis.

• Question 648:

  The risk manager for an IT project developing a software application has a major stakeholder concerned that the project will not conclude within the available funding. The risk manager found delays in the iterations and increments in the project's budget, potentially increasing the duration by two weeks.

  What tools should the risk manager use to properly decide the risk of not finishing the project within the budget?

  A. Stakeholder management and communication tools
  B. Team performance reports and analysis tools
  C. Schedule management tools (i.e., Gantt Charts)
  D. Estimation and probability analysis tools (i.e. Monte Carlo simul-ations)
  D. Estimation and probability analysis tools (i.e. Monte Carlo simul-ations)

• Question 649:

  You are preparing to start the qualitative risk analysis process for your project. You will be relying on some organizational process assets to influence the process. Which one of the following is NOT a probable reason for relying on organizational process assets as an input for qualitative risk analysis?

  A. Studies of similar projects by risk specialists
  B. Risk databases that may be available from industry sources
  C. Review of vendor contracts to examine risks in past projects
  D. Information on prior, similar projects
  C. Review of vendor contracts to examine risks in past projects

• Question 650:

  During a risk identification session, the risk manager notices that subject matter experts (SMEs) are reluctant to participate because some risks could expose the poor maturity of processes in other business units. Which risk analysis technique should the risk manager use?

  A. Strengths, weakness, opportunities, and threats (SWOT) analysis
  B. Delphi technique
  C. Decision tree analysis
  D. Probability impact matrix
  B. Delphi technique