Free PMI-RMP Exam Braindumps

Pass your PMI Risk Management Professional exam with these free Questions and Answers

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QUESTION 16

_____ analysis is a statistical concept that calculates the average outcome when the future includes scenarios that may or may not happen.

  1. A. Expert judgment
  2. B. Expected monetary value
  3. C. Sensitivity
  4. D. Modeling and simulation

Correct Answer: B

QUESTION 17

You are the project manager of the NHH project for your company. You have completed the first round of risk management planning and have created four outputs of the risk response planning process. Which one of the following is NOT an output of the risk response planning?

  1. A. Risk register updates
  2. B. Organizational process assets updates
  3. C. Project document updates
  4. D. Risk-related contract decisions

Correct Answer: B

QUESTION 18

There are seven risk responses, a project manager can use to address risk events. Which one of the following is a risk response that is appropriate for positive or negative risk events depending on the scenario in the project?

  1. A. Avoidance
  2. B. Acceptance
  3. C. Sharing
  4. D. Transference

Correct Answer: B

QUESTION 19

Linda is the project manager of the NAB Project. One of the risks her project team has identified is too dangerous for the project team to manage internally so she has hired a vendor to complete this portion of the project and to manage the identified risk. What risk response has Linda used in this instance?

  1. A. Transference
  2. B. Avoidance
  3. C. Contractual
  4. D. Mitigation

Correct Answer: A

QUESTION 20

You are the project manager of a large, high-profile project in your organization. You have
realized that politics within your company may affect the true identification of risk events within the project. You decide that you'd like to use a method to identify risk events through an anonymous process. Which one of the following risk events will allow you to collect and distribute risk information without the stakeholders knowing what other stakeholders are communicating about the project risk events?

  1. A. Surveys
  2. B. Monte Carlo Technique
  3. C. Checklist analysis
  4. D. Delphi Technique

Correct Answer: D

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