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PMI Updated PMI-RMP Exam Questions and Answers by malek

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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: 221 Q&A's Shared By: malek
Question 40

A project is at the final development stage. The test lead informs the risk manager that a key feature may not be testable due to changes in the environment

What should the risk manager do?

Options:

A.

Confirm the risk triggers are still valid.

B.

Ask the architect to develop acceptance criteria.

C.

Review the feature with the project team.

D.

Escalate the issue to the project board.

Discussion
Question 41

A risk manager of a major project facilitates a meeting to develop the risk management plan. What two factors does the risk manager need to consider to ensure an effective risk management plan is developed? (Choose two.)

Options:

A.

Applying modern risk management techniques.

B.

Aligning to project constraints and priorities.

C.

Ensuring risk response strategies mitigate all risks.

D.

Minimizing implementation costs.

E.

Obtaining stakeholder acceptance

Discussion
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Question 42

As per the risk analysis process carried out for a project, two risks are registered. The probability risk A will occur is 40% and its monetary impact to the project is US$100,000. The probability risk B will occur is 60% and its monetary impact to the project is US$20,000.

What is the total contingency budget that should be created?

Options:

A.

US$68,000

B.

US$52,000

C.

US$120,000

D.

US$80,000

Discussion
Question 43

A risk management professional is currently facilitating the risk planning process with the project team. To increase the breadth of considered risks, the team wants to include high-level and strategic project risks.

What should the risk management professional do next?

Options:

A.

Perform a sensitivity analysis to the higher-level aggregate activities

B.

Develop a risk breakdown structure (RBS) identifying the potential risk categories

C.

Conduct a strengths, weaknesses, opportunities, and threats (SWOT) analysis

D.

Perform a base line Monte Carlo simulation to address overall threats to project objectives

Discussion
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