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PMI Updated PMI-RMP Exam Questions and Answers by magnus

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PMI PMI-RMP Exam Overview :

Exam Name: PMI Risk Management Professional (PMI-RMP) Exam
Exam Code: PMI-RMP Dumps
Vendor: PMI Certification: PMI Certification
Questions: 264 Q&A's Shared By: magnus
Question 36

A risk manager is preparing for the first meeting with their project sponsor on a potential project for a large client. The risk manager reviews their newly developed project risk register to identify any risks that should be analyzed further and begins by prioritizing the probability column based on the following criteria:

1 = Very Low

2 = Low

3 = Medium

4 = High

5 = Very High

What type of risk analysis is the risk manager performing?

Options:

A.

Scenario-based risk analysis

B.

Quantitative risk analysis

C.

Qualitative risk analysis

D.

Monte Carlo analysis 

Discussion
Question 37

A risk manager completed risk response planning for a project that is currently in the execution phase. During a periodic review of the risk register, the project manager recognizes that some key secondary risks have not been considered.

Who should the project manager hold accountable for missing the risks?

Options:

A.

The audit team

B.

The risk manager

C.

The risk owners

D.

The discipline engineers

Discussion
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Question 38

The project manager for project X was expecting the mobilization of critical equipment from another project, project Y. However, a day before the mobilization was scheduled, another project manager notifies project X's project manager that the equipment would not be available for at least another month due to delayed activities for project Y. This has jeopardized meeting a critical milestone for project X.

How should project X's project manager avoid this situation in the future?

Options:

A.

Prepare a contingency response plan to implement when delays occur

B.

Ask the other project manager to officially confirm the new date in writing

C.

Request that the other project manager be added to relevant reports

D.

Request that the other project manager inform if any additional delays are expected

Discussion
Question 39

The project manager wants to use an objective method to evaluate the key project risks and develop response plans.

What action should the risk manager propose?

Options:

A.

Ask the team to perform an earned value analysis.

B.

Review the lessons learned from other projects.

C.

Ask the team to prepare a Monte Carlo analysis.

D.

Ask the risk expert to perform a PESTLE evaluation.

Discussion
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