PMI-RMP V1

In a project to promote public health and mitigate health risks, the national health authorities intend to take actions to limit the risks of harmful insects by using pesticides; however, it is expected that some residents will have negative health effects due to the use of the pesticides but according...

The risk manager also serves as a facilitator for a project and realizes the project team members have biases impacting how they perceive risks . What analysis is currently being used?A . Quantitative risk analysisB . Force field analysisC . Qualitative risk analysisD . Stakeholder analysisView AnswerAnswer: C Explanation: The...

A project that was in the execution phase for the last six months was put on hold and was eventually cancelled after numerous scope related challenges. It was decided to re-plan the scope and divide the project into multiple projects to have better insight into end objectives. As part of...

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 . Continue to implement the risk strategyB . Meet with team members to address their...

A project manager is working on a construction project. Based on past experience, the project manager identifies a risk that a supplier of a critical material may not deliver on time. The project manager has already accounted for this risk in the risk management plan. If this risk materializes, the...

The project director and project manager have met with the board and determined that the project has depleted the entire contingency reserve and has started eroding the profit margin. The project manager would like the risk manager to take full advantage of opportunities. Which response should the risk manager take?A...

A project manager is trying to realize benefits from new material on an adaptive project. This is the first time the project team is using the material so the team does not have information to identify and analyze risks. A team member informs the project manager that a local university...

Members of a project team are not taking their risk management responsibilities seriously. They do not consider risk management as primary to the project’s success and do not believe that the benefits are significant. What should the risk manager do?A . Schedule a meeting to review and develop realistic risk...

The risk manager notices that in their workshops, most of the risks identified are threats . What should the risk manager do to increase the number of opportunities identified?A . Use the Delphi technique involving experts who have identified opportunities in the pastB . Interview more stakeholders who have a...

A two-year project with a budget of US$2 million has completed about 60% of the work at the end of the first year. The actual cost incurred to complete the remaining 40% of work is about USS 1. 5 million. As a part of performing a specialized risk analysis, the...