Free PMI-RMP Exam Braindumps

Risks with low ratings of probability and impact are included on a for future monitoring.

1. A. Risk alarm
2. B. Watchlist
3. C. Observation list
4. D. Risk register

Correct Answer: B

Which one of the following is the only output for the qualitative risk analysis process?

1. A. Enterprise environmental factors
2. B. Project management plan
3. C. Risk register updates
4. D. Organizational process assets

Correct Answer: C

You are the project manager of the GHY project for your company. This project has a budget of $543,000 and is expected to last 18 months. In this project, you have identified several risk events and created risk response plans. In what project management process group will you implement risk response plans?

1. A. Executing
2. B. Planning
3. C. Monitoring and Controlling
4. D. In any process group where the risk event resides

Correct Answer: C

Consider the risk probability-impact matrix in the figure given below:
If Risk B happens in this project, how much will be left in the contingency reserve?

1. A. $193,500
2. B. -$334,500
3. C. It depends on the total budget of the project.
4. D. $148,300

Correct Answer: A

Sensitivity analysis is a technique for systematically changing parameters in a model to determine the effects of such changes and is useful for computer modelers for a range of purposes. Which of the following purposes does the sensitivity analysis include? Each
correct answer represents a complete solution. Choose all that apply.

1. A. Estimating the average outcome
2. B. Model development
3. C. Decision making or the development of recommendations for decision makers
4. D. Increased understanding or quantification of the system

Correct Answer: BCD