PMI PMI-RMP Actual Free Exam Questions & Community Discussion
The project director and project manager have met with the board and determined that the project has depleted the entire contingency reserve and has started eroding the profit margin.
The project manager would like the risk manager to take full advantage of opportunities.
Which response should the risk manager take?
The project manager would like the risk manager to take full advantage of opportunities.
Which response should the risk manager take?
Correct Answer: C
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The scope of a large mobile network deployment project includes equipment to be furnished by the customer.
The risk manager is concerned that the equipment delivery might be delayed, causing additional delays in the project.
What should the risk manager do?
The risk manager is concerned that the equipment delivery might be delayed, causing additional delays in the project.
What should the risk manager do?
Correct Answer: C
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Stakeholder deliverable reviews will start soon and additional work is expected to resolve any issues or required adjustments. Budget overruns during execution have put serious constraints on the remainder of the project ' s budget.
What should the project manager do next?
What should the project manager do next?
Correct Answer: D
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During the design phase the project team is exploring various architecture options. After reviewing the results of design pilot, two conflicting infrastructure pieces were identified.
What action should the project manager take?
What action should the project manager take?
Correct Answer: A
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In reviewing the team ' s identified project risks, a project manager identified an opportunity to assign more resources to ensure the company receives the project ' s incentive payment for early completion.
In implementing this plan, which response should the risk manager use?
In implementing this plan, which response should the risk manager use?
Correct Answer: C
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An organization faces immense competition in the market and decides 10 accelerate a key project. What is the first action for the project risk manager to take?
Correct Answer: D
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At an oil and gas company, a major unified management information system is to be implemented. The project manager noted that risks gathered from the organization ' s business functions are not properly identified and categorized, making it difficult to develop an effective risk response.
How should the project manager handle this situation?
How should the project manager handle this situation?
Correct Answer: B
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What should the risk owner use as an effective information-gathering technique during the planning session?
Correct Answer: A
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The risk manager also serves as a facilitator for a project and realizes the project team members have biases impacting how they perceive risks. What analysis is currently being used?
Correct Answer: A
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The customer expresses concern about the increasing likelihood of delays from one of the subcontractors on the project. This risk was previously identified and planned for during the project planning phase. The project sponsor reassured the customer that this is a known risk and will be handled accordingly by the risk manager.
What should the risk manager do?
What should the risk manager do?
Correct Answer: A
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While performing risk identification exercises, the risk manager often encounters biases from the project team. How can the risk manager accurately identify what will trigger a risk?
Correct Answer: C
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