PMI PMI-RMP Online Practice Questions and Exam Preparation

PMI PMI-RMP Online Questions & Answers

• Question 81:

  The project manager and the risk manager of a new project to develop an application to support autonomous driving are meeting with the sponsor and key stakeholders to discuss the project. During the meeting, it is identified that the transport authority is discussing new traffic regulations for the industry that could be in place before the project ends.

  How should the project manager and the risk manager handle this situation?

  A. Ensure the project complies with the current traffic regulations and laws.
  B. Send a letter to the traffic authority with the general project information.
  C. Perform inquiries on the website of the traffic authority weekly.
  D. Meet with the traffic authority staff in charge of the new regulation.
  D. Meet with the traffic authority staff in charge of the new regulation.

• Question 82:

  Mike is the project manager of the NNP Project for his organization. He is working with his project team to plan the risk responses for the NNP Project. Mike would like the project team to work together on establishing risk thresholds in the project. What is the purpose of a risk threshold?

  A. It helps to identify those risks for which specific responses are needed.
  B. It is a limit of the funds that can be assigned to risk events.
  C. It is a warning sign that a risk event is going to happen.
  D. It is a study of the organization's risk tolerance.
  D. It is a study of the organization's risk tolerance.

• Question 83:

  Towards the end of definitive design, project costs have increased to the point where it will be classified as a capital asset project. The customer has expressed they want one final total project completion date and will afford no extensions after it is established.

  How should the risk manager proceed?

  A. Perform a qualitative risk analysis and update the results.
  B. Update the assumptions/exclusions register with the new information.
  C. Update the risk register and prepare for the Monte Carlo analysis.
  D. Perform a quantitative risk analysis and update the results.
  D. Perform a quantitative risk analysis and update the results.

• Question 84:

  When using the risk register to manage the cost risk analysis, which of the following models the way correlation arises, and avoids the need to estimate the correlation coefficients?

  A. Risk Monte Carlo analysis
  B. Risk driver method
  C. Risk scatter diagram
  D. Risk RACI matrix
  B. Risk driver method

• Question 85:

  A core project team is working on unrelated tasks in advance to reduce the risk of delay due to an external team not completing its tasks on time. The core project team has completed all possible unrelated tasks but cannot move forward, because the external team's tasks have yet to be completed.

  What should the risk manager do next?

  A. Start a quantitative analysis to understand the impact.
  B. Crash the schedule to mitigate the risk consequences.
  C. Transfer the risk to the external team.
  D. Ask the risk owners to review the risk response plan.
  D. Ask the risk owners to review the risk response plan.

• Question 86:

  You are the project manager of the NGQQ Project for your company. To help you communicate project status to your stakeholders, you are going to create a stakeholder register. All of the following information should be included in the stakeholder register except for which one?

  A. Assessment information of the stakeholders' major requirements, expectations, and potential influence
  B. Stakeholder classification of their role in the project
  C. Identification information for each stakeholder
  D. Stakeholder management strategy
  D. Stakeholder management strategy

• Question 87:

  A company has been awarded a large government contract to develop a new transportation system. There is uncertainty surrounding the project's timeline. The project team is struggling to finalize the project's budget due to unclear estimates from vendors. An updated vendor price list detailing the costs of available technologies is an essential component in determining the project's final cost. The project team will not be able to finalize the project's timeline until the budget is finalized.

  What should the risk manager do?

  A. Request an extension to mitigate schedule constraints.
  B. Register the risks as vendor issues and avoid further action.
  C. Log the risk and the response strategies in the risk register.
  D. Catalog the risks as assumptions and avoid further action.
  C. Log the risk and the response strategies in the risk register.

• Question 88:

  Stakeholder holiday schedules and availability of raw materials were two risks initially identified in a manufacturing project. The risk manager now notices that both risks are not quite as originally described and might require a plan change. What should the risk manager do next?

  A. Consult with the project manager to agree that these risks should be removed from the risk register
  B. Keep the risks in the risk register and continue to follow up until the change actually takes place.
  C. Identify workarounds that can be implemented whether or not the change takes place.
  D. Revisit the project the assumptions and constraints to potentially update the risk impact and response.
  D. Revisit the project the assumptions and constraints to potentially update the risk impact and response.

• Question 89:

  In a complex project, individual risks have been identified with the stakeholders. The project sponsor asks the risk manager about the likelihood of project success. Which risk analysis tool(s) should the risk manager use as a basis for their response?

  A. Probabilistic and quantitative risk analyses to get the overall risk score
  B. Quantitative risk analysis to get the overall risk score
  C. Probabilistic risk analysis to get the overall risk score
  D. Qualitative risk analysis to get the overall risk score
  A. Probabilistic and quantitative risk analyses to get the overall risk score

• Question 90:

  The risk manager for a construction project graphically groups project risks by the subsets of economic risk, social risk, and technical risk. Where has this information been captured?

  A. Risk breakdown structure
  B. Risk management plan
  C. Risk register
  D. Risk control plan
  A. Risk breakdown structure