PMI PMI-RMP Exam (page: 3)
PMI Risk Management Professional
Updated on: 28-Jul-2025

Viewing Page 3 of 56

You are the project manager of the NHQ Project for your company. You have completed qualitative and quantitative analysis of your identified project risks and you would now like to find an approach to increase project opportunities and to reduce threats within the project. What project management process would best help you?

  1. Monitor and control project risks
  2. Create a risk governance approach
  3. Create the project risk register
  4. Plan risk responses

Answer(s): D



Virginia is the project manager for her organization. She has hired a subject matter expert to interview the project stakeholders on certain identified risks within the project. The subject matter expert will assess the risk event with what specific goal in mind?

  1. To determine the level of probability and impact for each risk event
  2. To determine the bias of the risk event based on each person interviewed
  3. To determine the probability and cost of the risk event
  4. To determine the validity of each risk event

Answer(s): A



You are preparing to start the qualitative risk analysis process for your project. You will be relying on some organizational process assets to influence the process. Which one of the following is NOT a probable reason for relying on organizational process assets as an input for qualitative risk analysis?

  1. Studies of similar projects by risk specialists
  2. Risk databases that may be available from industry sources
  3. Review of vendor contracts to examine risks in past projects
  4. Information on prior, similar projects

Answer(s): C



You work as a project manager for BlueWell Inc. You want to create a visual diagram, which can

depict the resources that will be used within the project. Which of the following diagrams will you create to accomplish the task?

  1. Roles and responsibility matrix
  2. Work breakdown structure
  3. Resource breakdown structure
  4. RACI chart

Answer(s): C



Examine the figure given below.



What will be the expected monetary value of Risk C?

  1. -$113,750
  2. $175,000 if the risk event actually happens
  3. -$175,000
  4. -$27,000

Answer(s): D



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