PMI PMI-RMP Online Practice Questions and Exam Preparation

PMI PMI-RMP Online Questions & Answers

• Question 701:

  During a risk reassessment workshop with the project team and some external stakeholders, two key external stakeholders are overemphasizing the impact of a few project risks. This has led to a conflict. How should the risk manager handle this situation?

  A. Request for a skilled facilitator to help resolve conflicts that have arise.
  B. Refer to the team's ground rules on how to resolve conflicts.
  C. Run a sensitivity analysis to check which risks have the most impact.
  D. Use the assumption analysis techniques to validate the assumptions.
  B. Refer to the team's ground rules on how to resolve conflicts.

• Question 702:

  You work as a project manager for BlueWell Inc. Your project is using a new material to construct a large warehouse in your city. This new material is cheaper than traditional building materials, but it takes some time to learn how to use the material properly. You have communicated to the project stakeholders that you will be able to save costs by using the new material, but you will need a few extra weeks to complete training to use the materials. This risk response of learning how to use the new materials can also be known as what term?

  A. Team development
  B. Benchmarking
  C. Cost of conformance to quality
  D. Cost-benefits analysis
  C. Cost of conformance to quality

• Question 703:

  The project manager schedules a third workshop to facilitate the qualitative risk analysis. One team member complains that they should not have iterative meetings, but rather, should complete this at the beginning of the project. Which of the following should the project manager do?

  A. Continue with the workshop, but discipline the team member for undermining the authority of the project manager.
  B. Agree with the team member, as qualitative analysis should only be performed during the initial stages of a project.
  C. Proceed with the meeting, but remove the team member from the invitees' list.
  D. Explain that itis good practice to perform qualitative analysis throughout the life of the project.
  D. Explain that itis good practice to perform qualitative analysis throughout the life of the project.

• Question 704:

  What project management plan is most likely to direct the quantitative risk analysis process for a project in a matrix environment?

  A. Risk analysis plan
  B. Staffing management plan
  C. Human resource management plan
  D. Risk management plan
  D. Risk management plan

• Question 705:

  Virginia is the project manager for her organization. She has hired a subject matter expert to interview the project stakeholders on certain identified risks within the project. The subject matter expert will assess the risk event with what specific goal in mind?

  A. To determine the level of probability and impact for each risk event
  B. To determine the bias of the risk event based on each person interviewed
  C. To determine the probability and cost of the risk event
  D. To determine the validity of each risk event
  A. To determine the level of probability and impact for each risk event

• Question 706:

  A project manager is working on a high priority and high profile project. The project team had identified three opportunities, and after analysis, risk responses were recorded. Although risk responses were adequate for the identified opportunities, two of those opportunities were not acted upon. During the risk audit, the project manager found out that several of the planned risk responses were not implemented.

  What should the project manager have done to avoid this?

  A. Provided regular training to the risk owners for plan implementation
  B. Determined risk triggers and thresholds in the risk response plan
  C. Increased communications to influence stakeholder risk responses
  D. Updated the project schedule, adding risk owner implementation tasks.
  D. Updated the project schedule, adding risk owner implementation tasks.

• Question 707:

  After a risk review meeting, three key risks are identified as likely to be realized. The project manager requests a risk scenario be calculated to establish the impact on the budget. What is the forecasting methodology that should be utilized to calculate the impact?

  A. Estimate to complete (ETC)
  B. Budget at completion (BAC)
  C. Estimate risk completion (ERC)
  D. Estimate at completion (EAC)
  A. Estimate to complete (ETC)