PMI-RMP practice questions 201–204

1. Question 201 · 204 in bank

   A risk manager is part of a team overseeing the development of a mobile application for a client with tight deadlines. The team has identified a long list of potential risks, ranging from technical challenges to user adoption issues. Stakeholders have emphasized the need to focus only on the most critical risks to avoid delays in decision-making. What should the risk manager do?

   • AFocus on the risks that have occurred most frequently in past projects to guide decision-making.
   • BAssess risks using a consistent method to determine importance and prioritize actions.
   • CDocument all risks and address only those flagged by the project sponsor.
   • DRely solely on stakeholder feedback to rank the risks based on urgency.

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   Answer: B

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2. Question 202 · 204 in bank

   The planning phase of a construction project in a busy urban area is underway. The risk manager identifies conditions such as the availability of skilled labor, an uninterrupted supply of materials, and favorable weather. The project also faces constraints, including a fixed budget, strict environmental regulations, and a six-month timeline for completion. Midway through the project, a newly elected city mayor introduces additional environmental requirements, posing risks of potential delays and increased costs. What should the risk manager do?

   • ARe-examine the assumptions and constraints.
   • BRequest additional project budget.
   • CDevelop a template for weather forecast.
   • DEngage the new city mayor for resolution.

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   Answer: A

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3. Question 203 · 204 in bank

   During the initiation phase of a construction project, the risk manager begins preparing the risk management plan. The project involves multiple stakeholders, tight deadlines, and significant uncertainty regarding resource availability. The plan must outline how risks will be identified, analyzed, and addressed throughout the project life cycle. Which components should be included in the risk management plan to ensure effective risk management?

   • AIssue log, quality log, change requests, status reports, lessons learned, and risk log
   • BRisk management approach and processes, roles and responsibilities, tools, techniques, and reporting requirements
   • CScope, schedule, cost, quality, resources, communication, procurement, and stakeholder management
   • DProject charter, project plan, stakeholder register, resource management plan, and communication plan

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   Answer: B

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4. Question 204 · 204 in bank

   A project to develop a new offshore wind farm is underway. The project involves multiple contractors, regulatory compliance requirements, and a high environmental impact. During a workshop with stakeholders, the risk manager identifies potential risks. Due to the complexity of the environment, the risk manager suggests that the project team pay close attention to warning signs. What should the risk manager do?

   • ACreate tools and techniques to identify the project's risk characteristics.
   • BEstablish risk triggers and thresholds based on the project's conditions.
   • CAnalyze the project's risk appetite and categorize potential impacts.
   • DMeasure the cause and effect based on the project’s environment.

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   Answer: B

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PMI-RMP practice, question 201. 204 questions available.