PMI-RMP Exam Questions

What is the purpose of mitigating negative risks as a part of the risk response process?

The engineering department offers the project manager some highly-skilled resources for the same cost as those currently on board. What should the project manager do next to handle...

The risk manager is about to go on medical leave, but before departing, conducts a risk response planning review meeting with stakeholders. A new risk manager is assigned to the pr...

Company A sells a new machine to company B. During the risk assessment, the stakeholders of company A do not want the risk of transporting the machine from their facility. Instead,...

When analyzing the reward system in a company, there is evidence that "fire-fighter behavior" is the highest rewarded behavior. It suggests that people are dealing with major probl...

A project manager wants to represent the distribution of uncertainty around a risk model element. However, good data on the variability, of the risk model element has not been coll...

A mobile operator wants to test a new network prototype before conducting full implementation on the entire network. What type of risk response strategy did the mobile operator cho...

The risk register is developed during the initial phases of a virtualized desktop deployment. The register is reviewed by peers, responses are planned, reviewed again, and risks ar...

A well established project begins to experience cost overruns and falls behind schedule. The project risk register identifies many risks and risk response plans in place, yet many...

Which of the following is an effective channel for risk mitigation assistance, project risk visibility and risk escalation support?

The team has just completed a risk response planning session and identified responses for all the high and medium priority risks. What should the team do with the remaining low pri...

Which of the following should multicultural groups be aware of on a project relative to risk?

A six-month, US$1,2 million project is two months completed. The project has 3 high, 6 medium, and 2 low risks, with a 10% reserve for known risks, and a 5% reserve for unknown ris...

The risk manager is currently performing the monitoring and reporting process. Which of the following is an input for schedule metrics?

The risk manager evaluates two contractors, contractor A and contractor B, for a project with a finish date of 15 December. The contractors' bids are the same, including the cost....

A project manager is running a high-cost telecommunications project. There is a monthly status meeting, and the risk manager should provide an update to the project team and projec...

When considering human factors and risk attitudes relative to the risk process, which approach should be used to influence the risk management process for optimal effects at the in...

Which of the following is the primary project artifact used to capture risks, strategies, ownership patterns, and other vital information about an organization's project risk basel...

During project execution, the project team realizes that the power outlet for imported equipment is not compatible with the current customers electrical infrastructure. This event...

Which of the following demonstrates that a company's risk management process is successful?

The risk manager is documenting the results of the Monitor Risks process to add them to the lessons learned database. A ) Effectiveness of risk response B ) Unexpected or undocumen...

For the last several months, a project manager for a global technology program is focused on improving the project outsourcing process and analyzing the vendor supply chain as key...

A company is executing a high-visibility project to develop mobile phone technology. The project sponsor is concerned that an overall high risk rating may undermine support for the...

The risk manager organizes a stakeholder meeting to obtain agreement on project risk response strategies. At the conclusion of this meeting, the risk response strategies should be...

As a result of the Control Risk process, the project manager updates the project risk documents using outcomes from which of the following?

A risk manager assessed all project risks, and the team is now identifying common groupings of risks. What tool or technique is used to perform this risk assessment?

A project is in the planning phase, and the risk manager establishes the risk management for the project. Which success factors should be taken into account by the risk manager to...

After years of experience, a project manager becomes the lead manager for a company. This new lead manager asks all project managers to use a specific technique when they perform q...

A regional vendor for custom manufactured steel oil derricks, is awarded a contract to design, manufacture, and install 40 offshore oil platforms. Installation of these derricks re...

A risk manager works with the project team, senior management team, subject matter experts and other stakeholders to identify the project risks. Which of the following tools/method...

During a status meeting, a functional manager complains that the server backup failed, impacting the department. This was a known risk documented in the risk register as an accepte...

A project manager has a two-month project with three project team members. The project sponsor does not agree with the project manager that a risk planning process is necessary, si...

In the country where a project is being executed, customs procedures are complex and change frequently. During the risk identification process, the project team identifies a risk r...

A project manager is hired as a consultant by the executive sponsor to manage a major change program that has experienced two past failures. The current executive sponsor believes...

Which of the following could be included in risk monitoring and controlling techniques?

Project stakeholders identify, analyze, and plan the risk responses for a project. However, the contingency reserves are depleted before the project is completed. What recommendati...

During project execution, the project team realizes that the power outlet for imported equipment is not compatible with the current customer's electrical infrastructure. This event...

Which of the following situational factors has a significant effect on risk attitude?

A risk manager is assigned to a short-term telecommunications upgrade project. This project is not technically complex, but has rigorous implementation timelines, and very little c...

A risk is identified early in the project. After six months, itis determined that the risk does not apply to this particular project. How should the risk be handled by the risk man...

Very low = 1, Low = 2, Moderate = 3, High = 4, Very High = 5. A project manager must complete a report for a stakeholder who is concerned about the possibility of a funding shortfa...

What is risk tolerance?

Which tool can the project risk manager utilize to help identify and assess project risks?

Which of the following characteristics would a risk-tolerant person or group demonstrate?

During a major project review, the project manager discovers that large groups of internal management issues are obstructing progress. In reviewing the risk management plan, the pr...

The project manager needs to create a risk management plan for a high risk project, but the company's senior management does not see value in spending time documenting major risks...

Based on this information, which of the following has the highest risk exposure?

The company board is concerned about potential legal action from a high-risk project. What technique can be used to justify risk response decisions taken on this project?

A newly assigned project manager is reviewing the project documents with stakeholders to identify opportunities that will fast track the project and realize the financial benefits...

Which analysis method uses stratified sampling without replacement?