Free PMI-RMP Practice Exam Questions Online

Why PMI PMI-RMP Practice Exam Questions?

Ready to level up your PMI PMI-RMP exam study? Just TheExamsLab PMI-RMP practice tests free.

PMI-RMP exam questions are expertly crafted practice tests designed to simulate the real PMI certification exam environment and help you assess your knowledge and figure out where you are lacking. From our free PMI Risk Management Professional PMI-RMP practice exam, you will feel secure in passing any question type or time limit. TheExamsLab offers the PMI-RMP exam questions 2024. Don’t settle or do it half-heartedly get the best and invest in the best what you want is what you get.

Page: 1 / 89

Total 445 Questions | Updated On: Nov 18, 2024

Add To Cart

Question 1

Which risk response is acceptable for both positive and negative risk events?

A : Transferring

B : Acceptance

C : Sharing

D : Enhancing

Answer: B

Question 2

In what portion of a project are risk and opportunities greatest and require intense planning and anticipation of risk events?

A : Closing

B : Planning

C : Initiating

D : Executing

Answer: C

Question 3

You are the project manager of the BJA Project for your company. Management is worried about one of the

identified risks in your project. The risk event has a probability of 90 percent and a cost impact of $85,000.

Management and you discuss possible solutions to address the risk. You share with them that for $75,000 you

can reduce the probability of the risk event to 15 percent and the impact to $25,000. This solution will add three

weeks to the project schedule. Management thinks this is a good idea and they would like you to add the time

and cost additions to your project plan. What type of risk response is used?

A : Avoidance

B : Acceptance

C : Exploit

D : Mitigation

Answer: D

Question 4

What quantitative tools and techniques are used to perform risk analysis in order to support stakeholder decision making for the project?

A : Risk probability and impact assessment

B : Sensitivity analysis

C : Interviewing

D : Probability and impact matrix

Answer: C

Question 5

Sammy is the project manager for her organization. She would like to rate each risk based on its probability and affect on time, cost, and scope. Harry, a project team member, has never done this before and thinks Sammy is wrong to attempt this approach. Harry says that an accumulative risk score should be created, not three separate risk scores. Who is correct in this scenario?

A : Harry is correct, because the risk probability and impact considers all objectives of the project.

B : Harry is correct, the risk probability and impact matrix is the only approach to risk assessment.

C : Sammy is correct, because organizations can create risk scores for each objective of the project.

D : Sammy is correct, because she is the project manager.

Answer: C

Page: 1 / 89

Total 445 Questions | Updated On: Nov 18, 2024

Add To Cart