Question 21 · 204 in bank
The feasibility of the risk management planning is dependent upon which of the following aspects of the organization?
Show answer
Answer: D
PMI Risk Management Professional204 questions across 21 pages are complete and free, with no account or card.
204 questions in this bank
Free access · progress saved on this device
The feasibility of the risk management planning is dependent upon which of the following aspects of the organization?
Answer: D
Which of the following is an effective channel for risk mitigation assistance, project risk visibility and risk escalation support?
Answer: B
The team has just completed a risk response planning session and identified responses for all the high and medium priority risks. What should the team do with the remaining low priority risks?
Answer: B
PESTLE, TECOP, and SPECTRUM are three examples of prompt lists that can be used during risk management activities. Prompt lists are used to do which of the following?
Answer: A
During a major project review, the project manager discovers that large groups of internal management issues are obstructing progress. In reviewing the risk management plan, the project risk categories largely contain technical and customer relationship type risks. The project manager wants the risk management plan revised to account for these risk areas, particularly because the project has several more months before completion. Who should the project manager collaborate with to revise the risk management plan at this stage of the project?
Answer: D

A regional vendor for custom manufactured steel oil derricks is awarded a contract to design, manufacture, and install 40 offshore oil platforms. Installation of these derricks requires precision placement and stable seas for the transport and installation ships to properly install the deep water structure. It takes 65 days to transport the deep water structures for each platform from the manufacturing facility to the installation site at a cost of US$155,000 per day. The monsoon season runs from May to September each year and is a known risk for placement of the oil platforms. There is an incentive clause in the contract that will provide a US$1,500,000 payment, if all 40 platforms are in place and ready for use by 5 January 2016. What is the probability of receiving this incentive?
Answer: D
During a project review meeting, an executive scrutinizes the risk section, including risks on the watch list, and demands action to close them out. What is the executive's risk attitude?
Answer: A
Which input could be utilized to perform quantitative risk analysis to reduce uncertainty?
Answer: B
Answer is B - Organizational Process Assets. The following are inputs into the process "Perform Quantitative Risk Analysis": risk register, risk management plan, cost management plan, schedule management plan, and organizational process assets.
Source: Adapted from community discussion — aws_guru1
The risk manager wants to determine what is to be measured, how it is to be measured, and what project outcomes are to be measured. In which of the following processes should this be established?
Answer: C
Who is ultimately responsible for monitoring a risk that is about to exceed its risk threshold?
Answer: D
Keyboard:J Kmove between questionsA–Dselect an answerRshow or hide the answer← →change page
PMI-RMP practice, question 21. 204 questions available.
Version 1.0.0. How we source questions