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Newly Released PMI PMI-RMP Exam PDF

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Total 131 questions

PMI Risk Management Professional (PMI-RMP) Exam Questions and Answers

Question 21

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 manager do?

Options:

A.

Confirm the risk triggers are still valid.

B.

Ask the architect to develop acceptance criteria.

C.

Review the feature with the project team.

D.

Escalate the issue to the project board.

Question 22

When approving the risk contingency budget for a project, the CEO notices each team has a different approach to report risks and their impacts. The CEO decides to create a new centralized risk management function to help resolve the problem.

How does centralizing the risk management function help resolve the problem?

Options:

A.

Enhance the process of identification of different Individual project risks.

B.

Allows monitoring the impact against the overall project risk exposure.

C.

Establishes risk sources and ownership for trigger monitoring.

D.

Creates a single repository for all project risk documents.

Question 23

A project's design has been completed and approved on time. The construction subcontractor should be mobilizing to start construction but does not have the necessary materials in place, causing a delaying in the project. The risk register only contains risks for the design phase of the project.

What should the project manager have done differently?

Options:

A.

Executed the Monte Carlo sensitivity analysis prior to mobilization

B.

Added generic construction risks to the risk register before construction began

C.

Reviewed the assumptions/exclusions register in the project charter

D.

Performed risk identification exercises for the full lifecycle of the project

Question 24

A project manager realizes the team undertaking the project work has fallen behind the planned schedule. The risk manager identifies a new risk resulting from this delay and will need to understand how this will affect the project deadline.

Which kind of numerical analysis should be performed to understand the worst-case scenarios?

Options:

A.

Earned value analysis

B.

Qualitative risk analysis

C.

Sensitivity analysis

D.

Root cause analysis

Page: 6 / 10
Total 131 questions