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Total 278 questions

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

Question 13

A company has a project whose objective is to extract gold reserves from Field 1. However, another field closest to the company. Field 2, which has a higher probability of having twice as much gold reserves than Field 1. The risk manager requests the board of Directors to include Field 2 under the scope of the current project by management of change because the project ' s profitability will increase by 80%.

What type of request is the risk manager describing?

Options:

A.

A request to increase project earnings

B.

A request to increase project resources

C.

A challenge to stakeholder thresholds

D.

A challenge to the project investment 

Question 14

A risk manager has been assigned to a new project and learns that stakeholders and project team members are spread across multiple time zones. Furthermore, many project team members have not worked together in the past. These items are identified as potential risks and added to the risk register.

How should the risk manager improve collaboration during risk planning?

Options:

A.

Gather risk information from all parties and compile all submissions into a strength, weaknesses, opportunities, and threats (SWOT) analysis template.

B.

Create a repository for project documents and related artifacts that can be accessed by all parties.

C.

Communicate program metrics to all parties and create a scorecard to measure the effectiveness.

D.

Work with the project manager to develop a start-up workshop and colocate the team if permitted. 

Question 15

A risk manager on an infrastructure project gathers and analyzes performance data. The risk manager wants to identify which variables will impact the schedule and determine how these factors interact.

Which data analysis tool should the risk manager use to forecast future performance?

Options:

A.

Sensitivity analysis

B.

What-if scenario analysis

C.

Regression analysis

D.

Decision tree analysis

Question 16

A risk manager monitors risks on a medium-sized project by collecting inputs and data from individual project team members. What output is produced by the risk manager after analyzing the information they receive?

Options:

A.

Updated probability and impact matrix

B.

Updated risk register

C.

Updated mitigation plans

D.

Updated project schedule 

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Total 278 questions