Want to know Exambible PMI-RMP Exam practice test features? Want to lear more about PMI PMI Risk Management Professional certification experience? Study Vivid PMI PMI-RMP answers to Update PMI-RMP questions at Exambible. Gat a success with an absolute guarantee to pass PMI PMI-RMP (PMI Risk Management Professional) test on your first attempt.
Q137. Harold is the project manager of a large project in his organization. He has been actively communicating and working with the project stakeholders. One of the outputs of the manage stakeholder expectations process can actually create new risk events for Harold's project. Which output of the manage stakeholder expectations process can create risks?
A. Project document updates
B. Change requests
C. Organizational process assets updates
D. Project management plan updates
Answer: B
Q138. There are five outputs of the risk monitoring and controlling process. Which one of the following is NOT an output of the process?
A. Organizational process assetsupdates
B. Risk register updates
C. Vendor contracts
D. Change requests
Answer: C
Q139. Which of the following techniques examines the degree to which organizational strengths offset threats and opportunities that may serve to overcome weaknesses?
A. SWOT Analysis
B. Expert Judgment
C. Delphi
D. Brainstorming
Answer: A
Q140. Consider a project with a budget at completion of $1,345,000 and it is supposed to be completed by today, but it is only 80 percent complete. This project has spent $1,250,000 to reach this point of completion. What is the schedule variance for this project?
A. -$217,500
B. 20 percent
C. -$174,000
D. -$269,000
Answer: D
Q141. You are the project manager of the NGQQ Project for your company. To help you communicate project status to your stakeholders, you are going to create a stakeholder register. All of the following information should be included in the stakeholder register except for which one?
A. Assessment information of the stakeholders' major requirements, expectations, and potential influence
B. Stakeholder classification of their role in the project
C. Identification information for each stakeholder
D. Stakeholder management strategy
Answer: D
Q142. What approach can a project manager use to improve the project's performance during qualitative risk analysis?
A. Focus on near-term risks first.
B. Create a risk breakdown structure and delegate the risk analysis to the appropriate project team members.
C. Focus on high-priority risks.
D. Analyze as many risks as possible regardless of who initiated the risk event.
Answer: C
Q143. David is the project manager of HGF project for his company. David, the project team, and several key stakeholders have completed risk identification and are ready to move into qualitative risk analysis. Tracy, a project team member, does not understand why they need to complete qualitative risk analysis. Which one of the following is the best explanation for completing qualitative risk analysis?
A. It is a cost-effective means of establishing probability and impact for the project risks.
B. Qualitative risk analysis helps segment the project risks, create a risk breakdown structure, and create fast and accurate risk responses.
C. All risks must pass through quantitative risk analysis before qualitative risk analysis.
D. It is a rapid and cost-effective means of establishing priorities for the plan risk responses and lays the foundation for quantitative analysis.
Answer: D
Q144. Billy is the project manager of the HAR Project and is in month six of the project. The project is scheduled to last for 18 months. Management asks Billy how often the project team is participating in risk reassessment in this project. What should Billy tell management if he's following the best practices for risk management?
A. Project risk management is scheduled for every month in the 18-month project.
B. Project risk management has been concluded with the project planning.
C. At every status meeting the project team project risk management is an agenda item.
D. Project risk management happens at every milestone.
Answer: C