PMI-RMP exam

A company is preparing a formal response to bid for an infrastructure engineering, procurement, and construction project. When should a risk register be developed to identify risks?A . During the project execution phase to allow the project manager to understand the risk attitudes of stakeholders.B . When a client project...

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...

Multiple new risks have come up on a project that were not included on the risk register. The project manager met with the team to explain that risk management is critical for the success of the project, and risk identification is key. What should the project manager do next?A ....

Upon reviewing the risk analysis results, the project manager notices several risks that occur more frequently than others . What should the project manager do?A . Reduce the probabilities of those risks on the risk registerB . Transfer ownership of those risks to the customerC . Implement the risk handling...

The project risk manager is in the process of identifying risks. The project sponsor has communicated that there is an influential stakeholder who has a senior management position. The other stakeholders do not feel comfortable speaking in front of this stakeholder . What should the project risk manager do next...

A list of risks was identified that could occur during the design phase. Now, the team finished the design phase and those risks did not materialize . What should the project manager do next?A . Close the risks and update their status in the risk register.B . Use their contingency...

A project is at the final development stage. The test lead informs the risk manager that a key feature may not be testable due to changes in the environment. What should the risk manager do?A . Confirm the risk triggers are still valid.B . Ask the architect to develop acceptance...

The project manager and the risk manager of a new project to develop an application to support autonomous driving are meeting with the sponsor and key stakeholders to discuss the project. During the meeting, it is identified that the transport authority is discussing new traffic regulations for the industry that...

A home solar panel project has many internal and external stakeholders including households, businesses, community groups, electric utility companies, local government officials, landlords, and investors . What should the project manager do when engaging stakeholders?A . Include all stakeholders in the project's governance.B . Communicate response strategies to all stakeholders.C...

A company in the mining industry accommodates a lot of innovation and changing work conditions. Because of this, the company experiences difficulty in predicting long term business plans. How should a professional risk manager manage the risks in such situations?A . Adopt a predictive approach to manage the risks.B ....