PMI-RMP PMI Exam Questions and Free Practice Test

Question 31

You work as a project manager for TechSoft Inc. You are preparing to plan risk responses for your project with your project team. How many risk responses are available for a positive risk event in the project?

A. Three

B. Four

C. Seven

D. One

Correct Answer:B

Question 32

You work as a project manager for TechSoft Inc. You, the project team, and the key project stakeholders have completed a round of quantitative risk analysis. You now need to update the risk register with your findings so that you can communicate the risk results to the project stakeholders - including management. You will need to update all of the following information except for which one?

A. Probabilistic analysis of the project

B. Probability of achieving cost and time objectives

C. Risk distributions within the project schedule

D. Trends in quantitative risk analysis

Correct Answer:C

Question 33

You work as a project manager for SoftTech Inc. You are working with the project stakeholders to begin the qualitative risk analysis process. Which of the following inputs will be needed for the qualitative risk analysis process in your project? Each correct answer represents a complete solution. Choose all that apply.

A. Organizational process assets

B. Cost management plan

C. Project scope statement

D. Risk register

Correct Answer:ACD

Question 34

Lamont is the project manager of a project that has recently finished the final project deliverables. The project customer has signed off on the project deliverable and Lamont has a few administrative closure activities to complete. In the project, there were several large risks that could have wrecked the project but Lamont and his project team found some creative methods to resolve the risks without affecting the project costs or project end date. What should Lamont do with the risk responses he identified during the project's monitoring and controlling process?

A. Include the risk response in the project risk management plan.

B. Include the responses in the project management plan.

C. Nothin

D. The risk responses are included in the project's risk register already.

E. Include the risk responses in the organization's lessons learned database.

Correct Answer:D

Question 35

There are seven risk responses for any project. Which one of the following is a valid risk response for a negative risk event?

A. Enhance

B. Exploit

C. Acceptance

D. Share

Correct Answer:C

Question 36

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

Correct Answer:A

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