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Total 333 questions

PMI Risk Management Professional (PMI-RMP) Exam Questions and Answers

Question 25

An eco-friendly sustainable textile-dyeing project has begun, with a focus on identifying and managing environmental risks. The risk manager, collaborating with the project manager, is tasked with reviewing and updating the project’s risk management plan. To inform this process, the risk manager needs relevant insights specifically related to environmental risk factors.

What should the risk manager do?

Options:

A.

Review process documents from Six Sigma to identify areas of process inefficiency.

B.

Refer to standards for information security management systems to ensure compliance.

C.

Consult environmental enthusiasts for informal feedback on potential risks.

D.

Use prompt lists to systematically identify and analyze environmental risk factors.

Question 26

There is a debate within the organization on whether projects need to be agile or waterfall. Some agile terms and principles are understood differently by the key stakeholders, and this delays the decision-making process.

Options:

A.

Organize training sessions to create awareness around the agile values for stakeholders.

B.

Facilitate a face-to-face discussion and have stakeholders agree to shift to agile for future projects.

C.

Recommend an external facilitator as no one in the organization is able to eliminate this roadblock.

D.

Allow stakeholders to discuss without the scrum master ' s intervention.

Question 27

After presenting a list of risks to the major project stakeholders and project sponsor, the board requested the risks be sorted differently from the results presented by the project team. This is a major issue and will cause a 2-week delay in the project.

How could the risk manager have avoided the board ' s response?

Options:

A.

Engaging the key stakeholders during the prioritization process

B.

Prioritizing the risks based on the project sponsor ' s risk appetite

C.

Engaging with the project sponsor before presenting to the board

D.

Working with an established industry standard prioritization method

Question 28

As part of standard procedure to monitor and control a project, a risk manager should constantly update the risk register. The risk register updates should include information on risk reassessment, risk audits, and periodic risk reviews.

What additional information should the risk manager prioritize in the risk register updates?

Options:

A.

Actual outcomes and performance of risk management strategies

B.

Actual outcomes of the project ' s risks and risk responses

C.

Actual costs and schedule delays of risk events

D.

Actual cost impact of risk events

Page: 7 / 22
Total 333 questions