Exam Name: | PMI Risk Management Professional (PMI-RMP) Exam | ||
Exam Code: | PMI-RMP Dumps | ||
Vendor: | PMI | Certification: | PMI Certification |
Questions: | 221 Q&A's | Shared By: | kareem |
When approving the risk contingency budget for a project, the CEO notices each team has a different approach to report risks and their impacts. The CEO decides to create a new centralized risk management function to help resolve the problem.
How does centralizing the risk management function help resolve the problem?
The project manager performed' a variance analysis on the project during the execution phase. The variances were shown as increasing
What does this result imply?
A new risk manager has been assigned to a project experiencing delays, quality issues, low performance, and client complaints. The work is being completed with the
client's vendor, which apparently has been causing all of the issues.
What should the risk manager do first?
A risk manager has a well-structured risk management process in place for a complex project with a tight schedule. Despite implementing preventive actions, one of the risks identified in the early stages of the project has still occurred and is now an issue.
What should the risk manager do next?