PMI-RMP Exam Questions

A common understanding of the value of risk management among key stakeholders is an effective foundation to managing risk effectively. The project manager should ensure training is...

The senior risk manager hears that critical deliverables are delayed, because a key subject matter expert (SME) does not have enough time to allocate to the tasks. Which area shoul...

Which of the following is a key element of neuro-linguistic programming?

A project manager is creating a risk management plan. The project sponsor does not see the need for additional risk management, believing that the only risks to the project are fin...

A risk manager creates a survey for project stakeholders to obtain their opinions on high levels of risk. Key questions in the survey address acceptable levels of cost increases an...

Who is the most appropriate person to conduct a risk identification brainstorming session?

The stakeholder is unwilling to make decisions that would result in negative consequences to the project. Which of the following describes the stakeholders attitude regarding proje...

A risk on the risk register is triggered. This triggered risk costs US$200,000 to mitigate and will overwhelm the project, causing it to fail if not mitigated. The project manager...

While preparing for a project review meeting with leadership, the project team analyzes and checks its scope activities and discovers missing requirements. The project risk manager...

Which of the following represents the best description of the role of project manager for project risk management?

A race director is planning a marathon with US$80,000 in upfront costs that will be offset by race fees. The remainder of the funds will be donated to a national charity. State law...

The company is a risk seeking organization, and has experienced measurable success based on their current strategy for growth. A new project has an overall project risk that exceed...

What are the supporting elements for effective risk management?

Which of the following techniques for planning risk response can provide a means of identifying symptoms for use as trigger conditions for contingency responses?

During what process should a project manager assign a risk owner?

The risk manager is prioritizing risks based on the potential impact to cost and schedule and identifies the following 4 risks: Risk 1 has a US$500,000 potential cost increase, and...

What identification technique is used to help reduce the ambiguity of a risk statement?

Which of the following success factors will enhance the Perform Qualitative Risk Analysis process as the risk occurrence gets closer?

A stakeholder is asked to approve additional funding to implement a risk response plan. However, the stakeholder is unsure of the amount that could be approved without escalation....

As per the risk analysis process carried out for a project, two risks are registered. The probability risk A will occur is 40% and its monetary impact to the project is US$100,000....

A risk manager notices that a risk owner is facing challenges implementing their response strategy and the costs are significantly exceeding expectations. What is the first thing t...

The risk manager also serves as a facilitator for a project and realizes the project team members have biases impacting how they perceive risks. What analysis is currently being us...

A project manager has requested a risk manager facilitate risk identification on a project. While facilitating this effort, the project manager wants to ensure that stakeholders in...

In a project to promote public health and mitigate health risks, the national health authorities intend to take actions to limit the risks of harmful insects by using pesticides; h...

The project manager wants to use an objective method to evaluate the key project risks and develop response plans. What action should the risk manager propose?

A company is preparing a formal response to bid for an infrastructure engineering, procurement, and construction project. When should a risk register be developed to identify risks...

A risk manager completed risk response planning for a project that is currently in the execution phase. During a periodic review of the risk register, the project manager recognize...

A project manager is identifying risks on a project and decides to use a risk checklist to gather historical data accumulated from similar projects. With several different historic...

During the design phase the project team is exploring various architecture options. After reviewing the results of design pilot, two conflicting infrastructure pieces were identifi...

An organization faces immense competition in the market and decides 10 accelerate a key project. What is the first action for the project risk manager to take?

A risk management professional is currently facilitating the risk planning process with the project team. To increase the breadth of considered risks, the team wants to include hig...

A project is at the final development stage. The test lead informs the risk manager that a key feature may not be testable due to changes in the environment What should the risk ma...

A risk manager is managing risks of a mission critical application. A subject matter expert (SME) asks the risk manager to treat every single risk identified as an extremely high p...

The risk manager notices that in their workshops, most of the risks identified are threats. What should the risk manager do to increase the number of opportunities identified?

During the monthly executive review meeting, the project sponsor would like to understand how the project team has planned to manage risks that were identified in the last meeting....

A project manager is trying to realize benefits from new material on an adaptive project. This is the first time the project team is using the material so the team does not have in...

A risk manager is confident that they have identified and quantified the risks and opportunities for a project. When presenting their work to management, on what areas should the r...

A mega facility development project is evaluating some options to achieve the project schedule and budget. Each option's success is driven by multiple quantifiable factors. What sh...

When processing freight invoices for a project, the project manager notices the shipping costs exceeded the budget due to increased fuel costs. The risk manager included this risk...

A new risk manager has been hired on a project and meets with the project director. The project director supplies the project's risk register and asks the risk manager for an analy...

A project manager works on a long-term and high visibility project at an organization that has a low risk appetite towards this project due to its impact on the company's business....

The project team recorded a risk in the risk register indicating that weather-related delays may impact equipment delivery during project execution. When it is time to request the...

A project manager has been assigned to a project that is just starting. The organization has a very low risk appetite towards this project due to constraints on budget and schedule...

A company in the mining industry accommodates a lot of innovation and changing work conditions. Because of this, the company experiences difficulty in predicting long term business...

While implementing the risk response plan for a previously identified risk, some secondary risks were identified but not captured on the risk register. The project manager decided...

A project manager is working on a high priority and high profile project. The project team had identified three opportunities, and after analysis, risk responses were recorded. Alt...

A project manager is working on a complex construction project. During the risk identification process, hundreds of risks were identified. The team seems to be confused regarding o...

A home solar panel project has many internal and external stakeholders including households, businesses, community groups, electric utility companies, local government officials, l...

A project manager is developing the risk register and works with the team to analyze risks and determine their probability and impact. There is valuable historical data available t...

A risk manager was recently hired to assist with a mid-sized infrastructure project. The risk manager becomes aware that they have an inexperienced project team. What two items sho...