PMI PMI-RMP Exam Practice Questions (P. 2)

A risk is identified and documented by the risk manager, but it is unclear how this risk can be proactively managed. In this situation, what type of reserve should be allocated for the risk?

Which of the following is an effective channel for risk mitigation assistance, project risk visibility and risk escalation support?

The risk manager wants to determine what is to be measured, how it is to be measured, and what project outcomes are to be measured. In which of the following processes should this be established?

Which of the following are examples of relevant data gathering tools?

The risk manager is conducting stakeholder analysis. Which technique should be used to help identify and manage expectations?

What steps would be used during the qualitative risk analysis process to provide input to the risk register?

A project manager is hired as a consultant by the executive sponsor to manage a major change program that has experienced two past failures. The current executive sponsor believes the project is in good shape based on feedback from the last project manager and reports this to senior executive management. The executive sponsor believes there were no major risks threatening the time, budget, or quality of the project. In the first week of risk analysis, the project manager concludes the project timeline is unrealistic and is three months behind schedule. The organization's risk appetite is low.
What is the first step that should be taken?

During what process should a project manager assign a risk owner?

A risk manager wants to determine which risks are going to have the highest impact on a project. Which of the following techniques should the risk manager use?

Critical deliverables are delayed, because a key subject matter expert (SME) does not have enough time to allocate to the tasks. How could the situation be improved for the future?