PMI-RMP Free Practice Test

Tom is the project manager for his organization. In his project he has recently finished the risk response planning. He tells his manager that he will now need to update the cost and schedule baselines. Why would the risk response planning cause Tom the need to update the cost and schedule baselines?

1. A. New or omitted work as part of a risk response can cause changes to the cost and/or schedule baseline.
2. B. Risk responses protect the time and investment of the project.
3. C. Risk responses may take time and money to implement.
4. D. Baselines should not be updated, but refined through versions.

Correct Answer: A

John works as a project manager for ABD project. He and his team, are working on the following activities:
Relative ranking or priority list of project risks Watchlists of low priority risk
Trends in Qualitative Risk Analysis results
On which of the following processes is John working on?

1. A. Perform Qualitative Risk Analysis
2. B. Plan Risk Management
3. C. Plan Risk Responses
4. D. Perform Quantitative Risk Analysis

Correct Answer: A

You are the project manager for TTP project. You are in the Identify Risks process. You
have to create the risk register. Which of the following are included in the risk register? Each correct answer represents a complete solution. Choose two.

1. A. List of mitigation techniques
2. B. List of key stakeholders
3. C. List of identified risks
4. D. List of potential responses

Correct Answer: CD

Gary is the project manager of the MMQ project for his company. He is working with his project team to plan the risk responses for his project. Sarah, a project team member, does not understand the process that Gary is using to plan the risk responses. Which approach is the preferred method to address project risks and the risk responses?

1. A. Risks in the project should be addressed by their probability for creating risk responses.
2. B. Risks in the project should be addressed by the organization's risk tolerance for creating risk responses.
3. C. Risks in the project should be addressed by their impact for creating risk responses.
4. D. Risks in the project should be addressed by their priority for creating risk responses.

Correct Answer: D

You work as a project manager for BlueWell Inc. You are working with your team members on the risk responses in the project. Which risk response will likely cause a project to use the procurement processes?

1. A. Exploiting
2. B. Mitigation
3. C. Sharing
4. D. Acceptance

Correct Answer: C