PMI-RMP

PMI-RMP practice questions, page 8 of 18, with answer review and explanations.

Question 36

A company is executing a high-visibility project to develop mobile phone technology. The project sponsor is concerned that an overall high risk rating may undermine support for the project within the company. The sponsor has instructed the project manager to manipulate the data used for Monte Carlo simulation to artificially reduce the risk rating. What should the project manager do?

  1. Schedule a face-to-face meeting with the project sponsor.
  2. Modify the data.
  3. Ignore the request.
  4. Email the project sponsor explaining why the data should not be modified.

Question 37

The project manager schedules a third workshop to facilitate the qualitative risk analysis. One team member complains that they should not have iterative meetings, but rather, should complete this at the beginning of the project. Which of the following should the project manager do?

  1. Continue with the workshop, but discipline the team member for undermining the authority of the project manager.
  2. Agree with the team member, as qualitative analysis should only be performed during the initial stages of a project.
  3. Proceed with the meeting, but remove the team member from the invitees' list.
  4. Explain that it is good practice to perform qualitative analysis throughout the life of the project.

Question 38

Which of the following situational factors has a significant effect on risk attitude?

  1. The risk heuristics evaluation available to the project team during planning and execution
  2. The perception of probability or frequency of occurrence and the perception of impact magnitude
  3. The number of project team members with close relationships to the chief executive officer (CEO)
  4. The number of external stakeholders and the potential for indirect consequences

Question 39

What are the supporting elements for effective risk management?

  1. Trained core people, matrix organization, simple scalable process, and tools and techniques
  2. Competent people, collaborative organization, rigorous process, and tools and techniques
  3. Competent people, supportive organization, simple scalable process, and tools and techniques
  4. Competent people, functional organization, policy, and tools and techniques

Question 40

Upon returning from vacation, the risk manager observes during the project status meeting that several activities being accomplished were not in the original plan. What should the risk manager do first?

  1. Meet with the project team.
  2. Inform management of out-of-scope work.
  3. Review activities for new risks.
  4. Review the change control log.