PMI-RMP Practice Questions
648 real PMI-RMP exam questions with expert-verified answers and explanations. Page 4 of 13.
- Question #151Perform Targeted Risk Analysis
Wendy is about to perform qualitative risk analysis on the identified risks within her project. Which one of the following will NOT help Wendy to perform this project management ac...
Qualitative Risk AnalysisRisk Management InputsProject Documents - Question #152Perform Targeted Risk Analysis
Frances is the project manager of a project in her organization. This project has a budget of $567,000 and is schedule to last for three years. Frances wants to examine the risk ev...
Quantitative Risk AnalysisSensitivity AnalysisRisk Impact AssessmentRisk Prioritization - Question #153Risk Strategy and Planning
You are the project manager for BlueWell Inc. You are reviewing the risk register for your project. The risk register provides much information to you, the project manager and to t...
Risk Register ContentRisk Information ManagementProject Risk Planning - Question #154Risk Process Facilitation
You work as a project manager for SoftTech Inc. You are working with the project stakeholders to begin the qualitative risk analysis process. You will need all of the following as...
Qualitative Risk AnalysisProcess InputsRisk Management ProcessProject Documents - Question #155Risk Monitoring and Reporting
Which of the following components ensures that risks are examined for all new proposed change requests in the change control system?
Integrated Change ControlChange ManagementRisk AssessmentProject Control - Question #156Risk Process Facilitation
Elizabeth is a project manager for her organization and she finds risk management to be very difficult for her to manage. She asks you, a lead project manager, at what stage in the...
Continuous ImprovementLearning by DoingSkill DevelopmentRisk Management Practice - Question #157Risk Strategy and Planning
Mary is the project manager of the HGH Project for her company. She and her project team have agreed that if the vendor is late by more than ten days they will cancel the order and...
Contingent Response StrategyRisk Response PlanningFallback PlanTrigger Event - Question #158Risk Strategy and Planning
You are the project manager of the GHY Project for your company. You have completed the risk response planning with your project team. You now need to update the WBS. Why would the...
Risk Response PlanningWBS UpdatesProject ScopeNew Work Packages - Question #159Risk Monitoring and Reporting
Adrian is a project manager for a new project using a technology that has recently been released and there's relatively little information about the technology. Initial testing of...
Risk registerRisk documentationRisk trackingRisk monitoring - Question #160Perform Targeted Risk Analysis
Your project has several risks that may cause serious financial impact should they happen. You have studied the risk events and made some potential risk responses for the risk even...
Quantitative Risk AnalysisContingency ReserveRisk Financial ImpactRisk Quantification - Question #161Perform Targeted Risk Analysis
Marsha is the project manager of the NHQ Project. There's a risk that her project team has identified, which could cause the project to be late by more than a month. Marsha does no...
MitigationRisk response strategiesThreat responseRisk management process - Question #162Perform Targeted Risk Analysis
You are the project manager for your organization. You are preparing for the quantitative risk analysis. Mark, a project team member, wants to know why you need to do quantitative...
Quantitative Risk AnalysisRisk Analysis DefinitionProject Risk ManagementRisk Process - Question #163Risk Strategy and Planning
Joan is the project manager of the KYU project for her company. She is working with management on defining a contingency reserve for her project. Currently the project is scheduled...
Contingency reserveRisk response planningCost riskSchedule risk - Question #164Risk Process Facilitation
You and your project team are just starting the risk identification activities for a project that is scheduled to last for 18 months. Your project team has already identified a lon...
Risk IdentificationIterative ProcessContinuous ProcessProject Lifecycle - Question #165Risk Monitoring and Reporting
Wendy is the project manager of the NNJ project for her company. As part of the variance and trend analysis tool and technique for risk governance she is using earned value managem...
Earned Value Management (EVM)Variance AnalysisTrend AnalysisRisk Forecasting - Question #166Risk Strategy and Planning
Which of the following techniques examines the degree to which organizational strengths offset threats and opportunities that may serve to overcome weaknesses?
SWOT AnalysisRisk IdentificationStrategic AnalysisContext Analysis - Question #167Risk Strategy and Planning
You work as a project manager for BlueWell Inc. There has been a delay in your project work that is adversely affecting the project schedule. You decided, with your stakeholders' a...
Fast-trackingSchedule compressionProject riskRisk identification - Question #168Risk Process Facilitation
Don is the project manager of the PFO project for his organization. Don is working with the project team members and two subject matter experts to assess the identified risk events...
Risk AssessmentQualitative Risk AnalysisFacilitation TechniquesExpert Judgment - Question #169Risk Monitoring and Reporting
You are interviewing members of a project team to test their understanding of the assigned risk responses as risk owners. You and the project manager are working together to evalua...
Risk auditsRisk response effectivenessRisk monitoringRisk owners - Question #170Risk Strategy and Planning
Thomas is the project manager of the NHJ Project for his company. He has identified several positive risk events within his project and he thinks these events can save the project...
Positive risk eventsOpportunitiesRisk definition - Question #171Risk Monitoring and Reporting
In addition to monitoring and controlling the project risks for their status and information the risk monitoring and controlling process accomplishes four key things for a project....
Risk Monitoring and Control ProcessProject AssumptionsContingency ReservesRisk Management Effectiveness - Question #172Risk Strategy and Planning
You are the project manager for your organization and you are working with Thomas, a project team member. You and Thomas have been working on a specific risk response for a probabl...
Risk OwnershipRisk ResponseRoles and Responsibilities - Question #173Risk Strategy and Planning
You are the project manager of a large construction project. Part of the project involves the wiring of the electricity in the building your project is creating. You and the projec...
Risk response strategiesRisk transferenceProcurement riskPlan Risk Responses - Question #174Risk Monitoring and Reporting
Risks with low ratings of probability and impact are included on a ____ for future monitoring.
Risk monitoringWatchlistLow priority risksRisk management tools - Question #175Perform Targeted Risk Analysis
What approach can a project manager use to improve the project's performance during qualitative risk analysis?
Qualitative Risk AnalysisRisk PrioritizationProject PerformanceRisk Focus - Question #176Perform Targeted Risk Analysis
You are the project manager of the NHH project for your company. You and the project team have completed the quantitative risk analysis for your project. During this process you cr...
Expected Monetary Value (EMV)Contingency ReserveQuantitative Risk AnalysisRisk Calculation - Question #177Perform Targeted Risk Analysis
Mark is the project manager of the BFL project for his organization. He and the project team are creating a probability and impact matrix using RAG rating. There is some confusion...
Risk prioritizationProbability and impact matrixQualitative risk analysisRAG rating - Question #178Stakeholder Engagement
The Identify Risk process determines the risks that affect the project and document their characteristics. Why should the project team members be involved in the Identify Risk proc...
Identify RiskTeam InvolvementRisk OwnershipResponsibility - Question #179Risk Strategy and Planning
You are the project manager for the NHQ Project. This project requires that you install 140 copies of design software onto your department's computers. The vendor offers you a twen...
Risk response strategiesOpportunitiesSharing risk responsePositive risk management - Question #180Risk Strategy and Planning
What project management plan is most likely to direct the quantitative risk analysis process for a project in a matrix environment?
Risk Management PlanQuantitative Risk AnalysisProject PlanningRisk Planning - Question #181Risk Process Facilitation
You are working with the project stakeholders to analyze and prioritize their requirements for the project. One of the project requirements is to achieve a high-level of customer s...
Subjective requirementsRisk identificationRequirement ambiguityQualitative risk - Question #182Risk Process Facilitation
You work as a project manager for BlueWell Inc. You are preparing for the risk identification process. You will need to involve several of the project's key stakeholders to help yo...
Risk IdentificationRisk RegisterProject DocumentsProcess Inputs and Outputs - Question #183Risk Monitoring and Reporting
Mark works as a project manager of the NNH project. In this project, he has created a contingency response that the cost performance index should be less than 0.91. The NHH project...
Earned Value ManagementCost Performance Index (CPI)Project Performance MonitoringQuantitative Analysis - Question #184Risk Strategy and Planning
You work as a project manager for BlueWell Inc. You are involved with the project team on the different risk issues in your project. You are using the applications of IRGC model to...
IRGC ModelRisk GovernanceComplex RisksEmerging Risks - Question #185Risk Strategy and Planning
Diana is the project manager of the QPS project for her company. In this project Diana and the project team have identified a pure risk. Diana and the project team decided, along w...
Pure RiskRisk ClassificationRisk Definition - Question #186Risk Monitoring and Reporting
Management has asked you to perform a risk audit and report back on the results. Bonny, a project team member asks you what a risk audit is. What do you tell Bonny?
Risk AuditRisk MonitoringRisk Response Effectiveness - Question #187Risk Monitoring and Reporting
Consider the risk probability-impact matrix in the figure given below: If Risk B happens in this project, how much will be left in the contingency reserve?
Contingency ReserveRisk ResponseFinancial ImpactRisk Monitoring - Question #188Risk Process Facilitation
Mary is a project manager in her organization. On her current project she is working with her project team and other key stakeholders to identify the risks within the project. She...
Risk IdentificationBrainstormingFacilitated WorkshopsRisk Management Techniques - Question #189Risk Strategy and Planning
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...
Risk ThresholdsRisk Response PlanningRisk Tolerance - Question #190Stakeholder Engagement
You are the project manager for the ABC organization. Your current project has 75 internal stakeholders and 245 external stakeholders. Many of the risks within your project will on...
Communication channelsStakeholder managementProject communicationsQuantitative analysis - Question #191Risk Process Facilitation
Tom is the project manager of the GGG project for his company. He is working with the project team on the Perform Qualitative Risk Analysis process. Tom is having the project team...
Qualitative Risk AnalysisProject Scope StatementProject TypeInputs to Risk Analysis - Question #192Risk Strategy and Planning
You are the project manager for GHY Project and are working to create a risk response for a negative risk. You and the project team have identified the risk that the project may no...
Risk response strategiesTransferenceNegative risksPlan Risk Responses - Question #193Perform Targeted Risk Analysis
You work as a project manager for BlueWell Inc. You are currently working with the project stakeholders to identify risks in your project. You understand that the qualitative risk...
Qualitative Risk AnalysisStakeholder BiasRisk Assessment AccuracyBias Management - Question #194Risk Strategy and Planning
You are the project manager of your organization. Your organization will receive a bonus if the project finishes by December 20. Management has communicated this bonus to you and y...
Risk Response StrategiesOpportunity ManagementEnhance StrategySchedule Crashing - Question #195Risk Monitoring and Reporting
You are working as a project manager in your organization. You are nearing the final stages of project execution and looking towards the final risk monitoring and controlling activ...
Risk monitoring and controlMonitor Risks processProcess outputsChange requests - Question #196Perform Targeted Risk Analysis
You and your project team have identified the project risks and now are analyzing the probability and impact of the risks. What type of analysis of the risks provides a quick and h...
Qualitative risk analysisRisk assessmentRisk prioritizationRisk analysis - Question #197Risk Monitoring and Reporting
You are the project manager of the AFD project for your company. You are working with the project team to reassess existing risk events and to identify risk events that have not ha...
Risk ClosureOutdated RisksRisk MonitoringRisk Register Maintenance - Question #198Perform Targeted Risk Analysis
Harry works as a project manager for the NHQ Project. He is performing quantitative risk analysis for his project. One of the project risks has a 40 percent probability of happenin...
Expected Monetary Value (EMV)Quantitative Risk AnalysisRisk ImpactRisk Probability - Question #199Risk Monitoring and Reporting
Beth is a project team member on the JHG Project. Beth has added extra features to the project and this has introduced new risks to the project work. The project manager of the JHG...
Preventive actionRisk responseScope managementRisk mitigation - Question #200Risk Strategy and Planning
Fill in the blank with an appropriate phrase. The _________ is the risk or danger of an action or an event, a method or a (technical) process that still conceives these dangers eve...
Residual riskRisk terminologyRisk types