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PMI Risk Management Professional Exam Questions 171–175 (page: 36)

Updated On: 10-Feb-2026

You work as a project manager for BlueWell Inc. You are preparing to plan risk responses for your project with your team. How many risk response types are available for a negative risk event in the project?

  1. Four
  2. One
  3. Three
  4. Seven

Answer(s): A



You are the project manager of the GHY project for your organization. You are working with your project team to begin identifying risks for the project. As part of your preparation for identifying the risks within the project you will need eleven inputs for the process. Which one of the following is NOT an input to the risk identification process?

  1. Quality management plan
  2. Cost management plan
  3. Stakeholder register
  4. Procurement management plan

Answer(s): D



Where can a project manager find risk-rating rules?

  1. Risk management plan
  2. Organizational process assets
  3. Enterprise environmental factors
  4. Risk probability and impact matrix

Answer(s): B



As a part of monitoring and controlling the project, the project manager should update the risk register. The project manager should update the risk register with information on risk reassessment, risk audits, and periodic risk reviews. What other information should the project manager update the risk register with?

  1. Actual costs and schedule delays of risk events.
  2. Actual outcomes of risk management duties by the project team.
  3. Actual cost of risk events.
  4. Actual outcomes of the project's risks and of the risk responses.

Answer(s): D



You are the project manager of the CUL project in your organization. You and the project team are assessing the risk events and creating a probability and impact matrix for the identified risks. Which one of the following statements best describes the requirements for the data type used in qualitative risk analysis?

  1. A qualitative risk analysis requires fast and simple data to complete the analysis.
  2. A qualitative risk analysis requires accurate and unbiased data if it is to be credible.
  3. A qualitative risk analysis encourages biased data to reveal risk tolerances.
  4. A qualitative risk analysis required unbiased stakeholders with biased risk tolerances.

Answer(s): B



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