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Exam Code: PMI-RMP
Exam Name: PMI Risk Management Professional
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PMI PMI-RMP VCE Dumps 273 Q&As
Updated: 2014-05-26
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NO.1 What risk identification technique allows participants to identify the project risks and to remain
anonymous?
A. Influence diagrams
B. Assumptions analysis
C. Surveys
D. Delphi technique
Answer: D

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NO.2 Tom is the project manager for his organization. In his project he has recently finished the risk
response planning. He tells his manager that he will now need to update the cost and schedule baselines.
Why would the risk response planning cause Tom the need to update the cost and schedule baselines?
A. New or omitted work as part of a risk response can cause changes to the cost and/or schedule
baseline.
B. Risk responses protect the time and investment of the project.
C. Risk responses may take time and money to implement.
D. Baselines should not be updated, but refined through versions.
Answer: A

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NO.3 Which risk response is acceptable for both positive and negative risk events?
A. Transferring
B. Acceptance
C. Sharing
D. Enhancing
Answer: B

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NO.4 You are working with Anna on your project to determine and map the probability distributions of risk
within the project. You have indicated that you will use the uniform distribution method for a portion of the
project. Which part of your project is most likely to have a uniform risk distribution?
A. Late completion stages of a project
B. Project phases that deal with "cutover" technologies
C. Early concept stage of design
D. Project initiating
Answer: C

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NO.5 Your organization has named you the project manager of the JKN Project. This project has a BAC of
$1,500,000 and it is expected to last 18 months. Management has agreed that if the schedule baseline
has a variance of more than five percent then you will need to crash the project. What happens when the
project manager crashes a project?
A. Project risks will increase.
B. The project will take longer to complete, but risks will diminish.
C. Project costs will increase.
D. The amount of hours a resource can be used will diminish.
Answer: C

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NO.6 Sammy is the project manager for her organization. She would like to rate each risk based on its
probability and affect on time, cost, and scope. Harry, a project team member, has never done this before
and thinks Sammy is wrong to attempt this approach. Harry says that an accumulative risk score should
be created, not three separate risk scores. Who is correct in this scenario?
A. Harry is correct, because the risk probability and impact considers all objectives of the project.
B. Harry iscorrect, the risk probability and impact matrix is the only approach to risk assessment.
C. Sammy is correct, because organizations can create risk scores for each objective of the project.
D. Sammy is correct, because she is the project manager.
Answer: C

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NO.7 You are the project manager of the KJH Project and are working with your project team to plan the risk
responses. Consider that your project has a budget of $500,000 and is expected to last six months. Within
the KJH Project you have identified a risk event that has a probability of .70 and has a cost impact of
$350,000. When it comes to creating a risk response for this event what is the risk exposure of the event
that must be considered for the cost of the risk response?
A. The risk exposure of the event is $245,000.
B. The risk exposure of the event is $500,000.
C. The risk exposure of the event is $350,000.
D. The risk exposure of the event is $850,000.
Answer: A

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NO.8 Lisa is the project manager of the SQL project for her company. She has completed the risk response
planning with her project team and is now ready to update the risk register to reflect the risk response.
Which of the following statements best describes the level of detail Lisa should include with the risk
responses she has created?
A. The level of detail is set by historical information.
B. The level of detail should correspond with the priority ranking.
C. The level of detail must define exactly the risk response for each identified risk.
D. The level of detail is set of project risk governance.
Answer: B

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