Free PMI-RMP Exam Braindumps

You work as a project manager for TechSoft Inc. You are preparing to plan risk responses for your project with your project team. How many risk responses are available for a positive risk event in the project?

1. A. Three
2. B. Four
3. C. Seven
4. D. One

Correct Answer: B

You are the project manager of the NNQ Project for your company and are working with your project team to define contingency plans for the risks within your project. Mary, one of your project team members, asks what a contingency plan is. Which of the following statements best defines what a contingency response is?

1. A. Some responses are designed for use only if certain events occur.
2. B. Some responses have a cost and a time factor to consider for each risk event.
3. C. Some responses must counteract pending risk events.
4. D. Quantified risks should always have contingency responses.

Correct Answer: A

You work as a project manager for BlueWell Inc. Your project is using a new material to construct a large warehouse in your city. This new material is cheaper than traditional building materials, but it takes some time to learn how to use the material properly. You have communicated to the project stakeholders that you will be able to save costs by using the new material, but you will need a few extra weeks to complete training to use the materials. This risk response of learning how to use the new materials can also be known as what term?

1. A. Team development
2. B. Benchmarking
3. C. Cost of conformance to quality
4. D. Cost-benefits analysis

Correct Answer: C

A project manager must have certain interpersonal skills to communicate with stakeholders and manage their expectations of the project work. Which of the following interpersonal skills has been identified as one of the biggest reasons for project success or failure?

1. A. Motivation
2. B. Communication
3. C. Influencing
4. D. Political and cultural awareness

Correct Answer: B

You are the project manager of the HJH project for your company. In your project, you have created the probability-impact risk matrix as shown in the following figure:
If Risk D happens in this project, how much will be left in the contingency reserve?

1. A. $440,000
2. B. $233,500
3. C. $258,500
4. D. $243,500

Correct Answer: B