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PMI PMI-RMP Practice Test - Questions Answers, Page 23

List of questions

Question 221

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A project team does not understand why a very low probability risk occurred during project execution. The team was especially vigilant about planning for this type of risk during the risk planning phase The project has been delayed by 2 months, and the stakeholders are considering canceling the project. The risk manager needs to demonstrate that the project can be concluded

Which analysis should the risk manager perform to demonstrate this to the stakeholders?

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Question 222

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During a meeting with a project team, a project manager asks a risk manager to determine the risk events that could potentially have the most impact on a 2-year project with a budget of USS800.000. Which approach should the risk manager suggest the project manager take?

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Question 223

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A project team has failed to complete an important project milestone on time. The team was counting on an external provider to deliver key equipment on a specific date but the provider was delayed

What could the risk manager have done to prevent missing the milestone?

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Question 224

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During a project team meeting, a risk manager realizes that the initial assumptions on the project schedule are too optimistic. The risk manager believes that the project might not meet its deadline as initially stated.

What is the reason for misunderstanding the assumptions from the beginning?

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Question 225

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After a rigorous risk identification process in a program consisting of three component projects a program management team documented 120 risks in the program risk register. The risk manager is interested in knowing the probability and impact of the occurrence of each identified risk.

What should the risk manager perform?

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Question 226

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A project is in progress when the product team requests a change to the scope. The learn indicates that this is a minimal change and should not create any problems. What should the risk manager do next?

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Question 227

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During a risk identification workshop some stakeholders indicate 'lack of procedure' or 'unqualified staff' as risks. The risk manager stops the identification session and coaches about defining a risk.

What represents 'lack of procedure' or 'unqualified staff when identifying risks?

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Question 228

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The risk manager needs to achieve consensus during the risk planning phase of a construction project that is crucial to an organization's growth. What should the risk manager do to begin the process of identifying risks?

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Question 229

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A project is delayed and the risk manager is working on a new plan for the remaining work Based on previous results the project team is having frequent issues with quality due to lack of experience in the technology used, requiring additional testing effort and rework.

How should the risk manager and team respond to this type of risk in the future?

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Question 230

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A project team identified and analyzed known risks at the beginning of a project What should the risk manager do next in relation to the accepted passive risks?

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Total 273 questions
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Related questions

A two-year project with a budget of US$2 million has completed about 60% of the work at the end of the first year. The actual cost incurred to complete the remaining 40% of work is about USS1.5 million. As a part of performing a specialized risk analysis, the calculated schedule performance index (SPI) is 1.2 and cost performance index (CPI) is 0.53. How should the risk manager interpret such a low CPI value?
During project planning, a risk is identified for which the risk manager has defined a mitigation strategy. Later during project execution, this risk still leaves substantial residual risk. What should the risk manager do to handle this situation?
A risk manager of a major project facilitates a meeting to develop the risk management plan. What two factors does the risk manager need to consider to ensure an effective risk management plan is developed? (Choose two.)
The project manager asks the risk manager to determine the initial risk assessment for a six month initiative that is about to kick-off. Which two artifacts will help the risk manager conduct the related analysis? (Choose two.)
The project team is updating the risk register with the minimum acceptable level of exposure and impact for each risk. The team also wants to determine if they have reached the maximum level of exposure before they escalate the risk. What should the team perform in this scenario?
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 should the project manager do to evaluate and select the best option based on costs and probabilities?
After the initial assessment of a new project, a project manager found that in order to complete the expected results, detailed and exhaustive planning will be required to ensure the product's characteristics and quality. What should the risk manager propose to the project manager what to do?
A new company initiates a project to incorporate a cybersecurity team. Which three documents should the risk manager analyze first? (Choose 3)
The scope of a large mobile network deployment project includes equipment to be furnished by the customer. The risk manager is concerned that the equipment delivery might be delayed, causing additional delays in the project. What should the risk manager do?
One project in a program needs to be completed in 6 months because there is a large bonus for early completion. Consequently, the program manager transfers all resources to this project and arranges for employees to receive overtime pay. Which risk response strategy is the program manager using in this scenario?