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PMI-RMP Dumps With Exact Questions and Answers

Exact2pass Provides 100% Valid PMI Risk Management Professional (PMI-RMP) Exam PMI-RMP Exam dumps Questions and answers which can helps you to Pass Your Certification Exam in First Attempt.

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PMI-RMP Questions and Answers

Question # 1

During project development, a risk manager notices that a major update in the country's regulations might be happening in the upcoming months. These changes will affect the materials used in building some of the components of the final product. The project team is unsure if this risk will affect the project negatively or positively.

Which tool should the project team use to determine this?

A.

Sensitivity analysis

B.

Threshold analysis

C.

Reserve analysis

D.

Strengths, weaknesses, opportunities, and threats (SWOT) analysis 

Question # 2

The trigger for a highly categorized threat has occurred. The risk has a set response plan.

Who is responsible for developing responses to risk and monitoring the implementation status of the risk response?

A.

Product Manager

B.

Risk Action Owner

C.

Risk Owner

D.

Project Manager

Question # 3

A risk manager has been assigned to an upcoming project. A senior risk manager within the organization recently completed a similar project and has provided a lessons learned document to aid planning efforts for the upcoming project. Upon reviewing the document, the risk manager discovers that the completed project was delivered several months behind schedule and several thousands of dollars over budget. The root cause was determined to be an unforeseen risk trigger that caused several items to be reworked, creating cascading schedule delays and depleting management reserves.

What should the risk manager do to mitigate the chance of the same issues reoccurring?

A.

Ensure that all project stakeholders have a copy of and understand the project's risk management plan.

B.

Increase the management reserves and inform stakeholders of what is available to cover any unexpected expenses

C.

Distribute the lessons learned document to stakeholders knowing that the likelihood of reoccurrence is low.

D.

Document the known risk triggers as the identified cost and schedule risks in the risk register. 

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