PMI-RMP PMI Exam Questions and Free Practice Test

Question 13

Courtney is the project manager for her organization. She is working with the project team to complete the qualitative risk analysis for her project. During the analysis Courtney encourages the project team to begin the grouping of identified risks by common causes. What is the primary advantage to group risks by common causes during qualitative risk analysis?

A. It helps the project team realize the areas of the project most laden with risks.

B. It saves time by collecting the related resources, such as project team members, to analyze the risk events.

C. It can lead to developing effective risk responses.

D. It can lead to the creation of risk categories unique to each project.

Correct Answer:C

Question 14

You are preparing to complete the quantitative risk analysis process with your project team and several subject matter experts. You gather the necessary inputs including the project's cost management plan. Why is it necessary to include the project's cost management plan in the preparation for the quantitative risk analysis process?

A. The project's cost management plan can help you to determine what the total cost of the project is allowed to be.

B. The project's cost management plan provides direction on how costs may be changed due to identified risks.

C. The project's cost management plan provides control that may help determine the structure for quantitative analysis of the budget.

D. The project's cost management plan is not an input to the quantitative risk analysis process.

Correct Answer:C

Question 15

Harry works as a project manager for BlueWell Inc. He is determining how to conduct the risk management activities for a project. According to the PMBOK, there are six inputs to the plan risk management process. Which one of the following is NOT an input to this process?

A. Project scope statement

B. Risk management plan

C. Schedule management plan

D. Cost management plan

Correct Answer:B

Question 16

Neil works as a project manager for SoftTech Inc. He is working with Tom, the COO of his company, on several risks within the project. Tom understands that through qualitative analysis Neil has identified many risks in the project. Tom's concern, however, is that the priority list of these risk events are sorted in "high-risk," "moderate-risk," and "low-risk" as conditions apply within the project. Tom wants to know that is there any other objective on which Neil can make the priority list for project risks. What will be Neil's reply to Tom?

A. Risks may be listed by the additional analysis and response

B. Risk may be listed by the responses in the near-term

C. Risks may be listed by priority separately for schedule, cost, and performance

D. Risks may be listed by categories

Correct Answer:C

Question 17

You are the project manager of a large project that will last four years. In this project, you would like to model the risk based on its distribution, impact, and other factors. There are three modeling techniques that a project manager can use to include both event-oriented and project-oriented analysis. Which modeling technique does NOT provide event-oriented and project-oriented analysis for identified risks?

A. Sensitivity analysis

B. Jo-Hari Window

C. Expected monetary value

D. Modeling and simulation

Correct Answer:B

Question 18

You work as a project manager for BlueWell Inc. You have to communicate the causes of risk events to the stakeholders. Which risk diagramming technique you will use to communicate the causes of risk events to project stakeholders?

A. Project network diagrams

B. Process flow charts

C. Ishikawa diagrams

D. Influence diagrams

Correct Answer:C

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