Free PMI PMI-RMP Exam Dumps Questions & Answers

At the beginning of a small project, the risk manager facilitates workshops to identify and analyze risks. At the end of the sessions, a stakeholder says that there should be no need to meet again about the risk register now that it's complete since it is such a short and simple project.
How should the risk manager respond to this comment?

• A.Insist on continuous review and updating of the risk register during the project.
• B.The risk register must only be updated if a change is approved during the project.
• C.Agree on the condition that the risk register be updated if the project environment changes.
• D.Compromise by updating the risk register at the end of each phase only.

The risk manager of a major project needs to ensure the organizational process assets (OPAsj are updated as a result of risk management activities. How will the risk manager accomplish this?

• A.Ensuring that the project sponsor is kept well-informed
• B.Communicating the status of risks regularly to stakeholders
• C.Monitoring costs with intervention when necessary
• D.Arranging periodic risk: management process audits

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

After completing the sprint on an agile project, a team updates the risk burndown chart and notices that risk exposure has increased to levels that could negatively affect project completion. What should the risk manager do to return the project's risk exposure to an acceptable level?

• A.Check stories in the product backlog to identify risks.
• B.Update the definition of done (DoD) to improve risk management.
• C.Review the acceptance criteria for upcoming stories.
• D.Prioritize risk mitigation stories for the next sprint.

Some project risks are applicable for the project's lifecycle while others risks are only applicable to specific project activities. When should project risks be closed?

• A.When the risk has been realized and can no longer happen again
• B.When iterative data analysis determines the risk is not applicable
• C.When the stakeholders agree a risk is no longer applicable
• D.When the forecast activity date has been met or exceeded