2023 Updated Verified Pass PMI-RMP Exam - Real Questions and Answers
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PMI-RMP Certification Exam is a computer-based exam that consists of 170 multiple-choice questions. Candidates have four hours to complete the exam. The passing score for the exam is determined by a psychometric analysis, which ensures that the passing score is fair and consistent for all candidates.
NEW QUESTION # 42
Your project spans the entire organization. You would like to assess the risk of the project but are worried that some of the managers involved in the project could affect the outcome of any risk identification meeting. Your worry is based on the fact that some employees would not want to publicly identify risk events that could make their supervisors look bad. You would like a method that would allow participants to anonymously identify risk events. What risk identification method could you use?
- A. SWOT analysis
- B. Delphi technique
- C. Isolated pilot groups
- D. Root cause analysis
Answer: B
NEW QUESTION # 43
Fill in the blank with an appropriate phrase. The _________ is the risk or danger of an action or an event, a method or a (technical) process that still conceives these dangers even if all theoretically possible safety measures would be applied.
- A. residual risk
Answer: A
NEW QUESTION # 44
Kelly is the project manager of the BHH project for her organization. She is completing the risk identification process for this portion of her project. Which one of the following is the only thing that the risk identification process will create for Kelly?
- A. Risk register updates
- B. Risk register
- C. Project document updates
- D. Change requests
Answer: B
NEW QUESTION # 45
Sensitivity analysis is a technique for systematically changing parameters in a model to determine the effects of such changes and is useful for computer modelers for a range of purposes. Which of the following purposes does the sensitivity analysis include? Each correct answer represents a complete solution. Choose all that apply.
- A. Estimating the average outcome
- B. Increased understanding or quantification of the system
- C. Model development
- D. Decision making or the development of recommendations for decision makers
Answer: B,C,D
Explanation:
Explanation/Reference:
NEW QUESTION # 46
You are the project manager of the NHJ project for your company. This project has a budget at completion of $1,650,000 and you are 60 percent complete. According to the project plan, however, the project should be 65 percent complete. In this project you have spent $995,000 to reach this point of completion. There is a risk that this project may be late so you have taken some measures to recover the project schedule.
Management would like to know, based on current performance, what the estimate at completion for this project will be. What is the estimate at completion?
- A. -$8,333
- B. $663,333
- C. $1,650,000
- D. $1,666,667
Answer: D
NEW QUESTION # 47
You are the project manager of a large, high-profile project in your organization. You have realized that politics within your company may affect the true identification of risk events within the project. You decide that you'd like to use a method to identify risk events through an anonymous process. Which one of the following risk events will allow you to collect and distribute risk information without the stakeholders knowing what other stakeholders are communicating about the project risk events?
- A. Checklist analysis
- B. Monte Carlo Technique
- C. Surveys
- D. Delphi Technique
Answer: D
NEW QUESTION # 48
Which of the following is the primary project artifact used to capture risks, strategies, ownership patterns, and other vital information about an organization's project risk baseline?
- A. Risk register
- B. Risk management plan
- C. Risk action plan with owners
- D. Mitigation plan
Answer: A
NEW QUESTION # 49
Rachel is the project manager of the KJH Project for her company. She needs a method to create a quick and simple approach to risk identification to communicate the project risk with the stakeholders. Which one of the following approaches to risk identification should Rachel choose to provide a quick and simple listing of the project risks?
- A. Checklist analysis
- B. Brainstorming
- C. Assumptions analysis
- D. Delphi Technique
Answer: A
NEW QUESTION # 50
You are the project manager of the NKQ project for your organization. You have completed the quantitative risk analysis process for this portion of the project. What is the only output of the quantitative risk analysis process?
- A. Probability of reaching project objectives
- B. Risk contingency reserve
- C. Risk register updates
- D. Risk response
Answer: C
NEW QUESTION # 51
A project lihat was in the execution phase for the last six months was put on hold and was eventually cancelled after numerous scope related challenges. It was decided to re-plan the scope and divide the project into multiple projects to have better insight into end objectives. As part of the project start up. the project manager is developing the risk planning for the project.
What three artifacts should the project manager consult or review during this process? (Choose three.)
- A. Lessons learned registers from analogous projects
- B. Risk management plan
- C. Risk register
- D. Code of regulations
- E. Project contracts
Answer: A,B,E
Explanation:
Explanation
The project manager should consult or review project contracts, lessons learned registers from analogous projects, and the risk management plan to develop an effective risk planning for the project.
NEW QUESTION # 52
A project manager running a high risk rating project was just informed that one of the key project resources has decided to leave the organization. The project manager previously identified this as a risk and had created a transition plan to enable another resource to carry out the same duties. The project manager was informed that by transitioning the responsibilities to the new resource, new risks to the completion dates of other project related tasks appear.
What should the project manager do next regarding the new risks?
- A. Escalate the new risks immediately to the project stakeholders to ensure proper risk communication is in place.
- B. Update the risk management plan with the new probability/impact and change the response.
- C. Apply a risk acceptance strategy to the new risks as there is no risk response plan.
- D. Address these secondary risks as per the risk management plan.
Answer: D
Explanation:
Explanation
The project manager should follow the risk management plan to address the new secondary risks that have emerged due to the transitioning of responsibilities to the new resource.
NEW QUESTION # 53
The risk manager is currently performing the monitoring and reporting process. Which of the following is an input for schedule metrics?
- A. Organizational breakdown structure
- B. Work breakdown structure
- C. Risk breakdown structure
- D. Critical path method
Answer: C
NEW QUESTION # 54
Holly is the project manager of the NSS Project for her company. She is discussing some of the project risks and the issues that have happened in the project. Holly has faxed the status report to her project client for their review. Based on the standard communication model, which component in this scenario is the decoder?
- A. Project customer's fax machine
- B. Holly
- C. Project customer
- D. Telephone wire
Answer: A
NEW QUESTION # 55
You work as a project manager for BlueWell Inc. You are preparing for the risk identification process. You will need to involve several of the project's key stakeholders to help you identify and communicate the identified risk events. You will also need several documents to help you and the stakeholders identify the risk events. Which one of the following is NOT a document that will help you identify and communicate risks within the project?
- A. Risk register
- B. Stakeholder register
- C. Activity cost estimates
- D. Activity duration estimates
Answer: A
NEW QUESTION # 56
Within the organizational process assets, where would the project manager find risk response effectiveness from past projects?
- A. Risk audit and risk matrix
- B. Stakeholder register and lessons learned
- C. Change management plan and lessons learned
- D. Risk audit and lessons learned
Answer: C
NEW QUESTION # 57
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