PMI PMI-RMP Practice Test - Questions Answers, Page 24

Many customers using the global positioning system (GPS) of several automobile companies are complaining about errors due to a recent update. This update included a major technological change to mitigate emerging risks with software deployment Upon investigation, the risk manager realized that this issue was identified as a high-risk item during risk analysis which required secondary risk identification that was never completed.

What was missed in the risk management process that led to this incident?

A risk manager is assigned to a mobile network deployment project with a strict contractually agreed-on schedule. One of the key risks identified has materialized. There is insufficient staffing because critical resources are dedicated to strategic projects in the organization. The risk manager expected the resource manager to notice this, but the resource manager thought the project experts would be alerting the team during the project.

What should the risk manager do to prevent this from happening again1?

A project team has completed initial planning for a project and found that the stakeholders' expected duration and scope cannot be met. What should the risk manager do first to address this concern?

A risk manager is preparing the risk strategy for a strategic project which involves stakeholders based in multiple locations. What should the risk manager do at this stage?

During the last sprint in a software development project there were differences between the project team and project sponsor in terms of the risk appetite to perform some activities. How should the risk manager help to resolve this conflict?

During project execution tor a software development program a risk manager notices the results vary from the stated expectations in the planning phase. The project team states that there was unrealistic planning.

What should the risk manager do next to understand the differences between planning and execution?

While conducting project planning, a risk manager determines that several stakeholders have differing opinions on what might negatively impact the achievement of project objectives in previous projects these opinions have often influenced project resource allocations resulting in project execution challenges.

Which initial course of action should be taken to ensure there is a common understanding of the project's risk landscape among all stakeholders?

A project team will receive a bonus if a project is completed earlier per the contract. However the cost of early completion will be too high if more resources are added. The risk manager recommends motivating the project team with a slight salary increase instead of contracting more workers for early completion.

Which risk response strategy is the risk manager using in this scenario?

A risk manager has completed a risk identification workshop tor a construction project. One of the project risks is the delay in the shipment of some materials from another country. The risk manager and their team have determined this risk's low probability and high impact score.

What kind of analysis was done to determine this?