Free PMI PMI-RMP Exam Dumps Questions & Answers

During a meeting with a project team, a project manager asks a risk manager to determine the risk events that could potentially have the most impact on a 2-year project with a budget of US$800 000. Which approach should the risk manager suggest the project manager take?

• A.Quantitative analysis
• B.simul-ation analysis
• C.Sensitivity analysis
• D.Monte Carlo simul-ation

During project execution for a software development program, a risk manager notices the results vary from the stated expectations in the planning phase. The project team states that there was unrealistic planning.
What should the risk manager do next to understand the differences between planning and execution?

• A.Review the assumptions to understand any change.
• B.Prepare a management of change (MOC) to adjust the project cost and duration.
• C.Move forward with the lessons learned from the sprint.
• D.Engage with the team to present the actual results to the sponsor.

An agriculture government agency faces different challenges with farmers and landlords In implementing its ambitious growth strategy. The agency decided to establish an enterprise risk management unit to identify risks, analyze risks, and provide a handbook showing how to handle the surrounding uncertainty.
What should the risk management expert recommend the agency do first to identify risks and develop the handbook?

• A.Prepare a list of the key resources that will be used to compile a risk management plan.
• B.Hire an agriculture expert who can develop the required handbook and discuss it with the agriculture minister.
• C.Conduct meetings, facilitated workshops, and interviews with stakeholders to identify potential risks.
• D.Follow standard risk Identification tools dedicated for agriculture and tailor them to the environment.

A project manager identified a risk of communication issues with the client which may impact the project schedule. A member of (he sales team advises that this client prefers face-to- face conversations.
What should the project manager do to avoid this risk?

• A.Meet the client and plan tor critical milestone meetings.
• B.Record this risk and the clients preference in the risk register.
• C.Call the client and advise that online communication is easier and faster.
• D.Ask the sales person to lead the communication with the client

An organization with a portfolio of unique business functions kicks-off a performance improvement project across the entire organization. There are a large number of stakeholders the project team will need to consider during risk identification.
What three actions should the risk manager ensure the project team performs during risk identification?
(Choose 3)

• A.Assign a different risk manager for each portfolio unit
• B.Develop checklists based on historical information
• C.Perform qualitative and quantitative risk analyses
• D.Employ brainstorming to generate spontaneous ideas
• E.Conduct interviews, meetings, and focus groups