Online Access Free PMI-RMP Practice Test

A highly complex project is about to start Considering that many changes and new information will arise as the work moves forward, key stakeholders are anxious about not addressing risks on time What should the risk manager do in this situation?

• A.Use a detailed and quantitative risk assessment process.
• B.Create an effective and clear risk communication process.
• C.Adopt a dynamic and frequent risk management process.
• D.Establish a formal and upfront risk identification process.

A project has suffered a big schedule delay and there are still some risks that are close to materializing. The project manager is concerned about communicating this risk level, because the stakeholders might suspend project funding and cancel the project.
How should the risk manager manage the risk level?

• A.Collaborate with the project manager to communicate risk levels to stakeholders.
• B.Advise the sponsor to meet with the stakeholders to discuss the risk levels.
• C.Coach the project manager on communicating risk levels to stakeholders.
• D.Communicate risk levels only to the supportive stakeholders.

A risk manager faces resistance as they try to implement the project ' s risk strategy. Some members of the project team believe it is a waste of time and money, What should the risk manager do?

• A.Meet with team members to address their concerns.
• B.Continue to implement the risk strategy
• C.Raise the concerns with the project sponsor,
• D.Reduce the number of risk management activities.

A risk manager for a hospital extension project is leading a project team in developing a risk management plan. One team member is responsible for conducting risk identification. The team member just joined the team and is struggling to ensure the coverage of all risks that might arise in this complex project.
How should the risk manager address this concern?

• A.Develop a probability and impact matrix to analyze possible risks.
• B.Develop a risk breakdown structure {RBS) to identify possible risks.
• C.Develop a risk impact analysis to assess the consequences of possible risks
• D.Create a risk register to capture and track possible risks.

A risk manager is working on the risk management plan for a new digital platform and realizes the project sponsor, who is the IT manager, has not been invited to the project team meetings. The IT manager is concerned that the IT infrastructure is unable to host the new platform the team is creating. The risk manager asks the IT manager to be included in the meetings.
What should the IT manager ' s role be in the project team meetings?

• A.The IT manager should be added as a project sponsor.
• B.The IT manager should be included as a risk owner.
• C.The IT manager should refine the project baseline plans.
• D.The IT manager should lead the infrastructure execution.