PMI-RMP Free Practice Test

Todd is the project manager of the EST project for his company. His organization has established certain rules in the enterprise environmental factors which affect the approach that Todd takes in managing his project. One of the rules requires Todd to consider the risk attitude of the stakeholders participating in risk analysis. Why must risk attitude be considered as a part of risk analysis?

1. A. Risk attitude can affect the measurement of probability and impact.
2. B. Risk attitude can establish a stakeholder's influence over project decisions.
3. C. Risk attitude identifies stakeholders that are hygiene seekers or motivation seekers.
4. D. Risk attitude establishes stakeholders as positive or negative stakeholders.

Correct Answer: A

Gary has identified a project risk that could injure project team members. He does not want to accept any risk where someone could become injured on this project so he hires a professional vendor to complete this portion of the project work. This workaround to the risk event is known as what type of risk response?

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

Correct Answer: B

Your project team has identified a project risk that must be responded to. The risk has been recorded in the risk register and the project team has been discussing potential risk responses for the risk event. The event is not likely to happen for several months but the probability of the event is high. Which one of the following is a valid response to the identified risk event?

1. A. Corrective action
2. B. Risk audit
3. C. Technical performance measurement
4. D. Earned value management

Correct Answer: A

You work as a project manager for BlueWell Inc. You have declined a proposed change request because of the risk associated with the proposed change request. Where should the declined change request be documented and stored?

1. A. Change request log
2. B. Lessons learned
3. C. Project archives
4. D. Project document updates

Correct Answer: A

Joan is a project management consultant and she has been hired by a firm to help them identify risk events within the project. Joan would first like to examine the project documents including the plans, assumptions lists, project files, and contracts. What key thing will help Joan to discover risks within the review of the project documents?

1. A. The project documents will help the project manager, or Joan, to identify what risk identification approach is best to pursue.
2. B. Lack of consistency between the plans and the project requirements and assumptions can be the indicators of risk in the project.
3. C. Poorly written requirements will reveal inconsistencies in the project plans and documents.
4. D. Plans that have loose definitions of terms and disconnected approaches will reveal risks.

Correct Answer: B