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PMI-RMP PMI Exam Lab Questions

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Total 131 questions

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

Question 5

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.)

Options:

A.

Applying modern risk management techniques.

B.

Aligning to project constraints and priorities.

C.

Ensuring risk response strategies mitigate all risks.

D.

Minimizing implementation costs.

E.

Obtaining stakeholder acceptance

Question 6

When conducting a risk identification exercise, what two actions should the risk manager take? (Choose two.)

Options:

A.

Request a contingency reserve from management

B.

Arrange a team meeting, review the project's scope, and discuss dependency mapping

C.

Ensure participants review relevant documents before attending the meeting

D.

Ensure that all the relevant stakeholders participate

E.

Update the risk register during the team meeting.

Question 7

A project manager is working on a construction project. Based on past experience, the project manager identifies a risk that a supplier of a critical material may not deliver on time. The project manager has already accounted for this risk in the risk management plan. If this risk materializes, the project manager plans to procure the material from a different supplier. A potential risk in this plan is that there may be differences in the material provided by the first and second supplier.

What type of risk is this?

Options:

A.

Residual risk

B.

Primary risk

C.

Secondary risk

D.

Normal risk

Question 8

A project manager identified a risk of communication issues with the client which may impact the project schedule. A member of (he sales team advises that this client prefers face-to- face conversations.

What should the project manager do to avoid this risk?

Options:

A.

Record this risk and the clients preference in the risk register.

B.

Ask the sales person to lead the communication with the client

C.

Call the client and advise that online communication is easier and faster.

D.

Meet the client and plan tor critical milestone meetings.

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Total 131 questions