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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 for a large project has completed documenting the risk management plan. The project is moving from planning to execution.

Which three actions should the risk manager take to ensure the risk management plan remains effective during the project timeframe? (Choose 3)

Options:

A.

Verify whether or not any identified risks might occur and implement the risk response plan.

B.

Regularly check and report on the status of risks identified according to their prioritization.

C.

Monitor the status and oversee execution of the risk response plan for each identified risk.

D.

Ensure management reserves are sufficient to cover the mitigation plans for all identified risks.

E.

Allocate and lock in project resources according to the initial risk prioritization for all identified risks.

Discussion
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Question 37

A risk manager is assigned to a mobile network deployment project with a strict contractually agreed-on schedule. One of the key risks identified has materialized. There is insufficient staffing because critical resources are dedicated to strategic projects in the organization. The risk manager expected the resource manager to notice this, but the resource manager thought the project experts would be alerting the team during the project.

What should the risk manager do to prevent this from happening again?

Options:

A.

Document the risks and response actions in a clear manner.

B.

Communicate with the project manager on the topic.

C.

Assign owners who will be fully accountable to managing the risks.

D.

Define the response plans and take the lead in implementing them.

Discussion
Question 38

As part of standard procedure to monitor and control a project, a risk manager should constantly update the risk register. The risk register updates should include information on risk reassessment, risk audits, and periodic risk reviews.

What additional information should the risk manager prioritize in the risk register updates?

Options:

A.

Actual outcomes and performance of risk management strategies

B.

Actual outcomes of the project's risks and risk responses

C.

Actual costs and schedule delays of risk events

D.

Actual cost impact of risk events

Discussion
Question 39

An organization performs an annual strategies and initiatives workshop during which a strengths, weaknesses, opportunities, and threats (SWOT) analysis is being conducted. As part of this process the functional managers identify the opportunities and threats.

What should the risk manager do next?

Options:

A.

Add only the threats to the risk register

B.

Utilize different tools to identify the risks

C.

Plan risk responses to the threats

D.

Update the risk register with the identified risks

Discussion
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