PMI PMI-RMP Online Practice Questions and Exam Preparation

PMI PMI-RMP Online Questions & Answers

• Question 661:

  There is confusion among risk action owners on a project about when and under which conditions they should initiate risk responses. Project team members often need to consult with the risk manager to get this conflict resolved. What should the risk manager do to resolve this recurring situation?

  A. Review the stakeholders' risk appetite.
  B. Revisit the risk thresholds and triggers.
  C. Update the risk response strategies.
  D. Provide coaching to the risk action owners.
  B. Revisit the risk thresholds and triggers.

• Question 662:

  A risk manager is conducting a qualitative risk analysis for a renewable energy project that faces tight deadlines. The team identifies risks such as weather unpredictability, material cost fluctuations, and potential regulatory delays. While some members advocate prioritizing high-likelihood risks, others emphasize addressing unlikely but high-impact risks.

  What should the risk manager do?

  A. Focus on high-probability concerns first to proactively address the most immediate threats.
  B. Delegate the assessment of lower-priority concerns to team leads while addressing critical ones.
  C. Evaluate all identified concerns and consider likelihood and impact to prioritize the concerns effectively.
  D. Prioritize uncertainties that align closely with the project's primary deliverables.
  C. Evaluate all identified concerns and consider likelihood and impact to prioritize the concerns effectively.

• Question 663:

  The risk manager notices that in their workshops, most of the risks identified are threats. What should the risk manager do to increase the number of opportunities identified?

  A. Use the Delphi technique involving experts who have identified opportunities in the past
  B. Interview more stakeholders who have a positive mindset
  C. Conduct a strengths, weaknesses, opportunities, and threats (SWOT) analysis
  D. Conduct a political, economic, sociological, technological, legal, and environmental (PESTLE) analysis
  B. Interview more stakeholders who have a positive mindset

• Question 664:

  There are seven risk responses for any project. Which one of the following is a valid risk response for a negative risk event?

  A. Enhance
  B. Exploit
  C. Acceptance
  D. Share
  C. Acceptance

• Question 665:

  John works as a project manager for BlueWell Inc. He is determining which risks can affect the project. Which of the following inputs of the identify risks process is useful in identifying risks associated to the time allowances for the activities or projects as a whole, with a width of the range indicating the degrees of risk?

  A. Activity duration estimates
  B. Schedule management plan
  C. Risk management plan
  D. Activity cost estimates
  A. Activity duration estimates

• Question 666:

  

  Based on this information, which of the following has the highest risk exposure?

  A. Schedule slippage
  B. Labor shortage R
  C. Delayed procurement
  D. Funding shortage
  C. Delayed procurement

• Question 667:

  A company is executing a high-visibility project to develop mobile phone technology. The project sponsor is concerned that an overall high risk rating may undermine support for the project within the company. The sponsor has instructed the project manager to manipulate the data used for Monte Carlo simulation to artificially reduce the risk rating. What should the project manager do?

  A. Schedule a face-to-face meeting with the project sponsor.
  B. Modify the data.
  C. Ignore the request.
  D. Email the project sponsor explaining why the data should not be modified.
  D. Email the project sponsor explaining why the data should not be modified.

• Question 668:

  A project team's manager is responsible for delivering a specific initiative for the organization. They are preparing for a monthly meeting where the manager will present on the current state of this initiative. The agile project lead sends the

  manager the following email with the current initiative status (Refer to the email exhibit).

  

  How many total story points is the entire initiative?

  B. 60

  C. 40

  D. 32

  Correct Answer. A
  A

• Question 669:

  Members of a project team are not taking their risk management responsibilities seriously. They do not consider risk management as primary to the project's success and do not believe that the benefits are significant. What should the risk manager do?

  A. Schedule a meeting to review and develop realistic risk thresholds with the project team.
  B. Motivate and influence the project team with risk engagement activities like workshops.
  C. Ensure that risk management responsibilities are clearly identified in the risk management plan.
  D. Ensure that the risk language used by all stakeholders is consistent with the risk management plan.
  B. Motivate and influence the project team with risk engagement activities like workshops.

• Question 670:

  A financial service firm adheres to heavily regulated compliance legislation. During the firm's latest project, the Chief Financial Officer (CFO) and the Chief Information Officer (CIO) endorsed a risk-based approach. This approach ensured compliance with the legislative requirements for properly storing confidential employee salary information. The risk manager recorded this information in the project's risk management plan.

  What is the organization's risk maturity level?

  A. No maturity
  B. Low maturity
  C. Medium maturity
  D. High maturity
  D. High maturity