Free PMI-RMP Exam Braindumps

You are the project manager of the GHY project for your organization. You are working with your project team to begin identifying risks for the project. As part of your preparation for
identifying the risks within the project you will need eleven inputs for the process. Which one of the following is NOT an input to the risk identification process?

1. A. Quality management plan
2. B. Cost management plan
3. C. Stakeholder register
4. D. Procurement management plan

Correct Answer: D

You are the project manager of the GHY project. In your organization you must follow certain enterprise environmental factors that establish the rules for risk management . One of the policies your project must adhere to requires periodic rapid analysis of risks within the project. These rapid, cost-effective session must be documented and performed monthly. What type of analysis are you required to perform according to your enterprise environmental factors?

1. A. Brainstorming
2. B. Qualitative analysis
3. C. Delphi Technique
4. D. Quantitative analysis

Correct Answer: B

Tom is the project manager for his organization. In his project he has recently finished the risk response planning. He tells his manager that he will now need to update the cost and schedule baselines. Why would the risk response planning cause Tom the need to update the cost and schedule baselines?

1. A. New or omitted work as part of a risk response can cause changes to the cost and/or schedule baseline.
2. B. Risk responses protect the time and investment of the project.
3. C. Risk responses may take time and money to implement.
4. D. Baselines should not be updated, but refined through versions.

Correct Answer: A

You are the project manager of a large project that will last four years. In this project, you would like to model the risk based on its distribution, impact, and other factors. There are three modeling techniques that a project manager can use to include both event-oriented and project-oriented analysis. Which modeling technique does NOT provide event-oriented and project-oriented analysis for identified risks?

1. A. Sensitivity analysis
2. B. Jo-Hari Window
3. C. Expected monetary value
4. D. Modeling and simulation

Correct Answer: B

You are the project manager of a large construction project. This project will last for 18 months and will cost $750,000 to complete. You are working with your project team, experts, and stakeholders to identify risks within the project before the project work begins.
Management wants to know why you have scheduled so many risk identification meetings throughout the project rather than just initially during the project planning. What is the best reason for the duplicate risk identification sessions?

1. A. The iterative meetings allow the project manager and the risk identification participants to identify newly discovered risk events throughout the project.
2. B. The iterative meetings allow all stakeholders to participate in the risk identification processes throughout the project phases.
3. C. The iterative meetings allow the project manager to discuss the risk events which have passed the project and which did not happen.
4. D. The iterative meetings allow the project manager to communicate pending risks events during project execution.

Correct Answer: A