PMI-RMP could be the ultimate test Pass4sure regarding achievement. You will find all of their discovering and knowledge, being sure 100% achievement. All these PMI-RMP questions and answers every one of the PMI accreditation audit goals PMI-RMP and now have to measure their precision, thus, to make sure your prosperity with your PMI-RMP accreditation audit. All these obvious to see questions and answers in the PMI-RMP Pdf in addition to PMI-RMP to really make it basic so that you can acquire and make use of.
2021 Sep PMI-RMP free exam
Q101. You and your project team have identified the project risks and now are analyzing the probability and impact of the risks. What type of analysis of the risks provides a quick and high-level review of each identified risk event?
A. A risk probability-impact matrix
B. Quantitative risk analysis
C. Seven risk responses
D. Qualitative risk analysis
Answer: D
Q102. Where can a project manager find risk-rating rules?
A. Risk management plan
B. Organizational process assets
C. Enterprise environmental factors
D. Risk probability and impact matrix
Answer: B
174. As a part of monitoring and controlling the project, the project manager should update the risk register. The project manager should update the risk register with information on risk reassessment, risk audits, and periodic risk reviews. What other information should the project manager update the risk register with?
A. Actual costs and schedule delays of risk events.
B. Actual outcomes of risk management duties by the project team.
C. Actual cost of risk events.
D. Actual outcomes of the project's risks and of the risk responses.
Answer: D
Q103. analysis is a statistical concept that calculates the average outcome when the future includes scenarios that may or may not happen.
A. Expert judgment
B. Expected monetary value
C. Sensitivity
D. Modeling and simulation
Answer: B
272. Todd is the project manager of the EST project for his company. His organization has established certain rules in the enterprise environmental factors which affect the approach that Todd takes in managing his project. One of the rules requires Todd to consider the risk attitude of the stakeholders participating in risk analysis. Why must risk attitude be considered as a part of risk analysis?
A. Risk attitude can affect the measurement of probability and impact.
B. Risk attitude can establish a stakeholder's influence over project decisions.
C. Risk attitude identifies stakeholders that are hygiene seekers or motivation seekers.
D. Risk attitude establishes stakeholders as positive or negative stakeholders.
Answer: A
Q104. A part of a project deals with the hardware work. As a project manager, you have decided to hire a company to deal with all hardware work on the project. Which type of risk response is this?
A. Exploit
B. Mitigation
C. Transference
D. Avoidance
Answer: C
Q105. Jane is the project manager of the GBB project for her company. In the current project a vendor has offered the project a ten percent discount based if they will order 100 units for the project. It is possible that the GBB Project may need the 100 units, but the cost of the units is not a top priority for the project. Jane documents the offer and tells the vendor that they will keep the offer in mind and continue with the project as planned. What risk response has been given in this project?
A. Acceptance
B. Enhance
C. Exploiting
D. Sharing
Answer: A
Up to date PMI-RMP exam answers:
Q106. Tom works as a project manager for BlueWell Inc. He is determining which risks can affect the project. Which of the following inputs of the identify risks process is useful in identifying risks, and provides a quantitative assessment of the likely cost to complete the scheduled activities?
A. Activity cost estimates
B. Cost management plan
C. Activity duration estimates
D. Risk management plan
Answer: A
Q107. Ted is the project manager of the HRR project for his company. Management has asked that Ted periodically reviews the contingency reserve as risk events happen, pass, or are still pending. What is the purpose of reviewing the contingency reserve?
A. It helps to evaluate if the remaining reserve is adequate for the risk exposure.
B. It helps to determine how much more funds will need to be invested in the project.
C. It helps to evaluate secondary and residual risks related to the risk responses and their costs.
D. It helps to determine the probability and impact of project risks.
Answer: A
Q108. You are the project manager of a large construction project. This project will last for 18 months and will cost $750,000 to complete. You are working with your project team, experts, and stakeholders to identify risks within the project before the project work begins. Management wants to know why you have scheduled so many risk identification meetings throughout the project rather than just initially during the project planning. What is the best reason for the duplicate risk identification sessions?
A. The iterative meetings allow the project manager and the risk identification participants to identify newly discovered risk events throughout the project.
B. The iterative meetings allow all stakeholders to participate in the risk identification processes throughout the project phases.
C. The iterative meetings allow the project manager to discuss the risk events which have passed the project and which did not happen.
D. The iterative meetings allow the project manager to communicate pending risks events during project execution.
Answer: A
Q109. You are the project manager of the NJJ project. Your enterprise environmental factors require that you establish certain risk management rules regarding low risks within your project. What is the best policy for risks with low probability and low impact in the project management?
A. These risks should be accepted.
B. These risks should be placed on awatchlist for future monitoring.
C. These risks should be identified, but dismissed.
D. These risks should be placed in the risk register.
Answer: B
Q110. Sam is the project manager of a construction project in south Florida. This area of the United States is prone to hurricanes during certain parts of the year. As part of the project plan Sam and the project team acknowledge the possibility of hurricanes and the damage the hurricane could have on the project's deliverables, the schedule of the project, and the overall cost of the project. Once Sam and the project stakeholders acknowledge the risk of the hurricane they go on planning the project as if the risk is not likely to happen. What type of risk response is Sam using?
A. Active acceptance
B. Passive acceptance
C. Avoidance
D. Mitigation
Answer: B