Validated of PMI-RMP practice test materials and courses for PMI certification for client, Real Success Guaranteed with Updated PMI-RMP pdf dumps vce Materials. 100% PASS PMI Risk Management Professional exam Today!
2021 Aug PMI-RMP question
Q11. Donna is the project manager of the QSD Project and she believes Risk Event D in the following figure is likely to happen.
If this event does happen, how much will Donna have left in the risk contingency reserve if none of the other risk events have happened?
A. $35,000
B. $41,700
C. $14,000
D. $6,700
Answer: D
Q12. There are seven risk responses, a project manager can use to address risk events. Which one of the following is a risk response that is appropriate for positive or negative risk events depending on the scenario in the project?
A. Avoidance
B. Acceptance
C. Sharing
D. Transference
Answer: B
Q13. Tom is the project manager for his organization. In his project he has recently finished the risk response planning. He tells his manager that he will now need to update the cost and schedule baselines. Why would the risk response planning cause Tom the need to update the cost and schedule baselines?
A. New or omitted work as part of a risk response can cause changes to the cost and/or schedule baseline.
B. Risk responses protect the time and investment of the project.
C. Risk responses may take time and money to implement.
D. Baselines should not be updated, but refined through versions.
Answer: A
Q14. Mark works as a project manager of the NNH project. In this project, he has created a contingency response that the cost performance index should be less than 0.91. The NHH project has a budget at completion of $950,000 and is 43 percent complete - though the project should be 50 percent complete. The project has spent $470,897 to reach the 43 percent complete milestone. What is the project's cost performance index?
A. 0.95
B. 0.80
C. 0.87
D. 0.91
Answer: C
Q15. You are the project manager of the NNH project. In this project you have created a contingency
response that the cost performance index should be less than 0.93. The NHH project has a budget
at completion of $945,000 and is 45 percent complete - though the project should be 49 percent
complete. The project has spent $455,897 to reach the 45 percent complete milestone. What is
the project's cost performance index?
A. 1.06
B. 0.92
C. -$30,647
D. 0.93
Answer: D
Leading PMI-RMP torrent:
Q16. Pete works as a project manager for BlueWell Inc. The Management has told him that he must implement an agreed-upon contingency response if the cost performance index in his project is less than 0.90. Consider that Pete's project has a budget at completion of $275,000. His project is 65 percent complete and he has spent $175,000 to date. However, Pete is scheduled to be 78 percent complete. What is the cost performance index for this project to determine if the contingency response should happen?
A. 1.02
B. 0.96
C. 0.90
D. 0.89
Answer: A
Q17. You are the project manager of the BlueStar project in your company. Your company is structured as a functional organization and you report to the functional manager that you are ready to move onto the qualitative risk analysis process. What will you need as inputs for the qualitative risk analysis of the project in this scenario?
A. Qualitative risk analysis does not happen through the project manager in a functional structure.
B. You will need the risk register, risk management plan, project scope statement, and any relevant organizational process assets.
C. You will need the risk register, risk management plan, outputs of qualitative risk analysis, and any relevant organizational process assets.
D. You will need the risk register, risk management plan, permission from the functional manager, and any relevant organizational process assets.
Answer: B
Q18. Adrian is a project manager for a new project using a technology that has recently been released and there's relatively little information about the technology. Initial testing of the technology makes the use of it look promising, but there's still uncertainty as to the longevity and reliability of the technology. Adrian wants to consider the technology factors a risk for her project. Where should she document the risks associated with this technology so she can track the risk status and responses?
A. Project scope statement
B. Risk register
C. Project charter
D. Risk low-level watch list
Answer: B
Q19. You work as a project manager for BlueWell Inc. You would like to utilize sensitivity analysis in your project, but the management does not understand how this will be displayed. What type of chart is usually used with sensitivity analysis to show the relative affect of risks on the project?
A. Ishikawa chart
B. Force field analysis chart
C. GERT Chart
D. Tornado diagram
Answer: D
Q20. Della works as a project manager for Tech Perfect Inc. She is studying the documentation of planning of a project. The documentation states that there are twenty-eight stakeholders with the project. What will be the number of communication channels for the project?
A. 378
B. 300
C. 28
D. 250
Answer: A