24 New PMP Questions & Answers with explanation
1.
Risk attitude is an enterprise environmental factor that you should evaluate when performing the Plan Risk Management process. Risk attitude consists of which of the following elements?
Select two
2.
Which of the following describe the purpose for the risk management plan?
Select two
3.
A project sponsor is risk averse and is therefore concerned about negative impacts on the project. To help with this concern, the project team identifies four project risks and then evaluates both the probability of occurrence and the impact of the risk if it occurs. The team uses a 1-5 scale, 1 being the lowest and 5 being the highest.
Based on the table, in what order should the project manager rank these risks for risk management purposes?
Select one
4.
Marysil is an enterprise project manager for Cups on Fire. She is managing the implementation of an enterprise relationship management system using a hybrid of waterfall and Scrum. This is the most complex project the team has undertaken to date. For this reason, she puts careful attention to risk management activities. She recently learned that a risk had materialized and become an issue, with the team missing early warning signs that could have increased the response to the situation. She decides to review information that had been captured about the risk to determine whether the risk triggers were noted correctly and to take learnings forward. What document will Marysil review to find the risk triggers that had been captured?
Select one
5.
Marysil is an enterprise project manager for Cups on Fire. She is managing the implementation of an enterprise relationship management system using a hybrid of waterfall and Scrum. This is the most complex project the team has undertaken to date. For this reason, she puts careful attention to risk management activities. She recently learned that a risk had materialized and become an issue. Because of the nature of the issue, Marysil will need to follow the escalation process to inform the appropriate individuals. Where will she need to look in order to find the escalation processes?
Select one
6.
Marysil is an enterprise project manager for Cups on Fire. She is managing the implementation of an enterprise relationship management system using a hybrid of waterfall and Scrum. This is the most complex project the team has undertaken to date. For this reason, she puts careful attention to risk management activities. She recently learned that a risk had materialized and become an issue, with the team missing early warning signs that could have increased the response to the situation. The sponsor of the project asks Marysil to debrief him on the situation and to provide a summary of overall project risk. What document will Marysil review with the sponsor?
Select one
7.
You are working on the risk management plan for your current project and need to document how the risk activities will be recorded for the benefit of future projects. Which part of the risk management plan addresses these issues?
Select one
8.
You work for a company that writes billing software programs for the communication industry. Your customer is located in a country that limits the number of foreigners allowed into the country. You identify this risk in your risk management plan. The critical point during the project is installation and setup. You might do which of the following, given these circumstances?
Select one
9.
Your team is developing the risk management plan. Which tool and technique of this process is used to develop risk cost elements and schedule activities that will be included in the project budget and schedule?
Select one
10.
You are a project manager working on a software development project. You've developed the risk management plan, identified risks, and determined risk responses for the risks. A risk event occurs, and you implement the response. Then, another risk event occurs as a result of the response you implemented. What type of risk is this?
Select one