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PMI Risk Management Professional Exam Questions 206–210 (page: 43)

Updated On: 10-Feb-2026

Wendy is the project manager of the NNJ project for her company. As part of the variance and trend analysis tool and technique for risk governance she is using earned value management. In this approach, Wendy wants to track and compare the cost and schedule variances. What is the point of this tool and technique in regard to risk?

  1. Wendy can determine a true project completion date.
  2. Wendy can track the cost and schedule variances.
  3. Wendy can review quality performance on baselines.
  4. Wendy can forecast deviation of the project cost and schedule for completion targets.

Answer(s): D



Which of the following techniques examines the degree to which organizational strengths offset threats and opportunities that may serve to overcome weaknesses?

  1. SWOT Analysis
  2. Expert Judgment
  3. Delphi
  4. Brainstorming

Answer(s): A



You work as a project manager for BlueWell Inc. There has been a delay in your project work that is adversely affecting the project schedule. You decided, with your stakeholders' approval, to fast track the project work to get the project done faster. When you fast track the project which of the following are likely to increase?

  1. Costs
  2. Quality control concerns
  3. Human resource needs
  4. Risks

Answer(s): D



Don is the project manager of the PFO project for his organization. Don is working with the project team members and two subject matter experts to assess the identified risk events in the project. Which of the following approaches is the best to assess the risk events in the project?

  1. Determination of the true cost of the risk event
  2. Probability and Impact Matrix
  3. Root cause analysis
  4. Interviews or meetings

Answer(s): D



You are interviewing members of a project team to test their understanding of the assigned risk responses as risk owners. You and the project manager are working together to evaluate the risk responses to determine their effectiveness in the project. What project management technique are you performing with the project manager in this scenario?

  1. Risk audits
  2. Stakeholder analysis as the project team is a stakeholder
  3. Risk identification with the project team
  4. Risk analysis

Answer(s): A



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