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Free RMP Exam Braindumps (page: 31)

Page 31 of 111
PDF with 273 Questions

Stephen is the project manager of the GBB project. He has worked with two subject matter experts and his project team to complete the risk assessment technique. There are approximately 47 risks that have a low probability and a low impact on the project. Which of the following answers best describes what Stephen should do with these risk events?

  1. The low probability and low impact risks should be added to a watchlist for future monitoring.
  2. Because they are low probability and low impact, the risks can be dismissed.
  3. The low probability and low impact risks should be added to the risk register.
  4. Because they are low probability and low impact, Stephen should accept the risks.

Answer(s): A



Mary is the project manager for the BLB project. She has instructed the project team to assemble, to review the risks. She has included the schedule management plan as an input for the quantitative risk analysis process. Why is the schedule management plan needed for quantitative risk analysis?

  1. Mary will schedule when the identified risks are likely to happen and affect the project schedule.
  2. Mary will utilize the schedule controls and the nature of the schedule for the quantitative analysis of the schedule.
  3. Mary will use the schedule management plan to schedule the risk identification meetings throughout the remaining project.
  4. Mary will utilize the schedule controls to determine how risks may be allowed to change the project schedule.

Answer(s): B



A project team member has just identified a new project risk. The risk event is determined to have significant impact but a low probability in the project. Should the risk event happen it'll cause the project to be delayed by three weeks, which will cause new risk in the project. What should the project manager do with the risk event?

  1. Add the identified risk to a quality control management control chart.
  2. Add the identified risk to the issues log.
  3. Add the identified risk to the risk register.
  4. Add the identified risk to the low-level risk watchlist.

Answer(s): C



You work as a project manager for BlueWell Inc. You are working on a project and the management wants a rapid and cost-effective means for establishing priorities for planning risk responses in your project. Which risk management process can satisfy management's objective for your project?

  1. Historical information
  2. Qualitative risk analysis
  3. Quantitative analysis
  4. Rolling wave planning

Answer(s): B



Page 31 of 111



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Doroze commented on August 04, 2024
I passed this exam today. This exam is very tough. You need to know your topics and have the full set of these questions. Or else you won't be able to pass.
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