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PMI Updated PMI-RMP Exam Questions and Answers by laurie

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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: laurie
Question 44

A company manages confidential customer information, and a data breach exposing sensitive information was discovered. What should the risk manager do?

Options:

A.

Execute the security risks contingency plan.

B.

Get a report of customers affected by the risk.

C.

Identify residual and secondary risks.

D.

Coordinate a response with the risk owner.

Discussion
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Question 45

During a brainstorming session, a stakeholder identifies a risk that, if realized, could greatly impact their team. The stakeholder insists that this particular risk should be

mitigated to the greatest extent possible, however, the majority of other stakeholders feel that different risks have higher probabilities of occurring.

Which action should the risk manager take to address this risk?

Options:

A.

Accept the identified risk because other stakeholders feel that there are higher priority risks to address.

B.

Mitigate the identified risk in order to reduce the probability of impacting the stakeholder's team.

C.

Escalate the identified risk to the project sponsor and allow them to determine the best course of action.

D.

Add the identified risk to the risk register for future probability and impact analysis.

Discussion
Question 46

The project manager reviews project risks with the risk manager to update, monitor, and close risks in the risk register. The project manager determines one of the risks has a residual risk.

How should the risk manager document the impact of the residual risk?

Options:

A.

Utilize change management tools to request a budget increase from the project sponsor and update the risk register.

B.

Change the risk identification and description on the risk register to reflect the fact that the residual risk has materialized.

C.

Close the risk's status on the risk register since the residual risk has now materialized.

D.

Review the impact of the residual risk against the budget reserves and document the update in the risk register.

 

Discussion
Question 47

The stakeholders of a building construction project are not comfortable with the project manager's handling of the project as they believe there is a financial risk. The project manager asks the risk manager to assist in demonstrating to the stakeholders that the project risks are under a tolerable threshold.

What should the risk manager do first to demonstrate this to the stakeholders?

Options:

A.

Gather other project risk historical information.

B.

Gather and reconcile project risk report data.

C.

Work with the sponsor to convince the risks are under control.

D.

Work with the team to ensure the project is in good health.

 

Discussion
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