If you are one of the candidates for the following PMI Risk Management Professional
dumps, Dynamic Skills is definitely the best place for your PMI exam preparation. We cover all the topics that may appear in the PMI Risk Management Professional actual exam.
We promise that you will get a high passing mark based on our updated PMI exam practice questions.
Here are some demo questions:
Question 01
Your organization has named you the project manager of the JKN Project. This project has a BAC of $1,500,000 and it is expected to last 18 months. Management has agreed that if the schedule baseline has a variance of more than five percent then you will need to crash the project. What happens when the project manager crashes a project?
A. Project costs will increase.
B. The amount of hours a resource can be used will diminish.
C. Project risks will increase.
D. The project will take longer to complete, but risks will diminish.
Question 02
Tom is the project manager for his organization. In his project he has recently finished the risk response planning. He tells his manager that he will now need to update the cost and schedule baselines. Why would the risk response planning cause Tom the need to update the cost and schedule baselines?
A. Risk responses may take time and money to implement.
B. Baselines should not be updated, but refined through versions.
C. New or omitted work as part of a risk response can cause changes to the cost and/or schedule baseline.
D. Risk responses protect the time and investment of the project.
Question 03
You are the project manager of the BlueStar project in your company. Your company is structured as a functional organization and you report to the functional manager that you are ready to move onto the qualitative risk analysis process. What will you need as inputs for the qualitative risk analysis of the project in this scenario?
A. You will need the risk register, risk management plan, project scope statement, and any relevant organizational process assets.
B. Qualitative risk analysis does not happen through the project manager in a functional structure.
C. You will need the risk register, risk management plan, permission from the functional manager, and any relevant organizational process assets.
D. You will need the risk register, risk management plan, outputs of qualitative risk analysis, and any relevant organizational process assets.
Question 04
Rex is the project manager of the BDF Project. This project will last for two years and has a budget of $2,345,000. Management has instructed Rex that the project must not go over budget as funds are very tight in the organization. During the project planning Rex and the project team discover a positive risk event to save $75,000. Rex wants to make certain that this risk event happens so which risk response method is most appropriate?
A. Exploit
B. Enhance
C. Share
D. Mitigation
Question 05
You are the project manager of the NNN project for your company. You and the project team are working together to plan the risk responses for the project. You feel that the team has successfully completed the risk response planning and now you must initiate what risk process it is. Which of the following risk processes is repeated after the plan risk responses to determine if the overall project risk has been satisfactorily decreased?
A. Risk response implementation
B. Quantitative risk analysis
C. Qualitative risk analysis
D. Risk identification
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