PMI-RMP PMI Exam Questions and Free Practice Test

Question 37

You are the project manager of the GHY project for your organization. You are working with your project team to begin identifying risks for the project. As part of your preparation for
identifying the risks within the project you will need eleven inputs for the process. Which one of the following is NOT an input to the risk identification process?

A. Quality management plan

B. Cost management plan

C. Stakeholder register

D. Procurement management plan

Correct Answer:D

Question 38

You are the project manager of the NKJ Project for your company. The project's success or
failure will have a significant impact on your organization's profitability for the coming year. Management has asked you to identify the risk events and communicate the event's probability and impact as early as possible in the project. Management wants to avoid risk events and needs to analyze the cost-benefits of each risk event in this project. What term is assigned to the low-level of stakeholder tolerance in this project?

A. Mitigation-ready project management

B. Risk utility function

C. Risk avoidance

D. Risk-reward mentality

Correct Answer:B

Question 39

Adrian is the project manager of the NHP Project. In her project there are several work packages that deal with electrical wiring. Rather than to manage the risk internally she has decided to hire a vendor to complete all work packages that deal with the electrical wiring. By removing the risk internally to a licensed electrician Adrian feels more comfortable with project team being safe. What type of risk response has Adrian used in this example?

A. Avoidance

B. Mitigation

C. Acceptance

D. Transference

Correct Answer:D

Question 40

Lisa is the project manager of the FKN project for her organization. She is working with Sam, the CIO, to discuss a discount the vendor has offered the project based on the amount of materials that is ordered. Lisa and Sam review the offer and agree that while their project may qualify for the discounted materials the savings is nominal and they would not necessarily pursue the savings. Lisa documents this positive risk response in the risk register. What risk response is this?

A. Enhance

B. Transference

C. Share

D. Acceptance

Correct Answer:D

Question 41

You are the project manager of the GHQ project for your company. You are working with your project team to prepare for the qualitative risk analysis process. Mary, a project team member, does not understand why you need to complete qualitative risks analysis. You explain to Mary that qualitative risks analysis helps you determine which risks needs additional analysis. There are also some other benefits that qualitative risks analysis can do for the project. Which one of the following is NOT an accomplishment of the qualitative risk analysis process?

A. Corresponding impact on project objectives

B. Time frame for a risk response

C. Prioritization of identified risk events based on probability and impact

D. Cost of the risk impact if the risk event occurs

Correct Answer:D

Question 42

Nancy is the project manager of a project with 78 stakeholders. This is a high-profile project and she needs to express to her project team and to the management the importance of communication in this project. She would like to show the number of stakeholder communication channels in the project. Based on this information how many communication channels exist within this project?

A. 156

B. 3,003

C. 78

D. 6,084

Correct Answer:B

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