PMI-RMP exam

Three months into a program, multiple workstreams are showing issues. At this point, the program manager requires that a risk impact assessment be conducted. What will help calculate the impact?A . Risk analysis B. Risk identification C. Risk treatment D. Risk evaluationView AnswerAnswer: A Explanation: Risk impact assessment involves calculating...

A risk manager has been assigned to a project constructing a chemical laboratory. Unfamiliar with chemical laboratories, the risk manager is unsure of where to start objectively identifying risks. What should the risk manager do?A . Import a risk register from other industry chemical laboratories. B. Define chemical laboratory safety...

A complex project that had hundreds of risks is almost done. The project manager is closing the risks as part of the closing process. One team member mentions that there are important documents to be updated. Which document will need to be updated?A . Lessons learned B. Contingency register C....

A project manager wants to work on understanding the project risks. The project manager works with the integrated project team to develop the risk handling strategies for the identified risks. How should the project manager work with these risk handling strategies?A . Review and revise the strategies periodically. B. Implement...

The risk manager also serves as a facilitator for a project and realizes the project team members have biases impacting how they perceive risks. What analysis is currently being used?A . Quantitative risk analysis B. Force field analysis C. Qualitative risk analysis D. Stakeholder analysisView AnswerAnswer: C Explanation: The analysis...

A project manager works on a long-term and high visibility project at an organization that has a low risk appetite towards this project due to its impact on the company's business. The project sponsors follow up weekly with the project manager, who was just informed by one of the risk...

A risk manager completed risk response planning for a project that is currently in the execution phase. During a periodic review of the risk register, the project manager recognizes that some key secondary risks have not been considered. Who should the project manager hold accountable for missing the risks?A ....

A risk manager notices that a risk owner is facing challenges implementing their response strategy and the costs are significantly exceeding expectations. What is the first thing the risk manager should do?A . Highlight this situation to the project manager B. Conduct a cost-benefit analysis C. Change the risk response...

An IT project is 40% complete. During the initial analysis, risks A and B were identified for the project. Risk A has a probability of 0.6 and an impact of US$50.000. Risk B has a probability of 0.7 and an impact of USS60.000. After implementing the planned risk response for...

The project’s customer has stated the project must be completed by a date indicated as the P90 date established on the Monte Carlo analysis. What should the project manager do to ensure the P90 date is met?A . Update the assumptions/exclusions register B. Hire more resources and crash the schedule...