PMI PMI-RMP Exam (page: 8)
PMI Risk Management Professional
Updated on: 28-Jul-2025

Viewing Page 8 of 56

Your organization, as part of its enterprise environmental factors, has established risk governance to be implemented in each project. Part of this governance is the reassessment of risks within each project. How much detail and repetition in approach for risks to be reassessed for probability and impact?

  1. Each risk reassessment should go into the same depth as the original risk assessment activity.
  2. The probability and impact of risk event should determine the level of reassessment throughout the project lifecycle.
  3. The amount of detail of repetition that is appropriate depends on how the project progresses relative to its objectives.
  4. The level of detail and reassessment should reflect the priority of the project.

Answer(s): C



Your project spans the entire organization. You would like to assess the risk of the project but are worried that some of the managers involved in the project could affect the outcome of any risk identification meeting. Your worry is based on the fact that some employees would not want to publicly identify risk events that could make their supervisors look bad. You would like a method that would allow participants to anonymously identify risk events. What risk identification method

could you use?

  1. Delphi technique
  2. Isolated pilot groups
  3. SWOT analysis
  4. Root cause analysis

Answer(s): A



Frank is the project manager of the NHL Project for his company and he is starting the risk identification process for the project. Frank needs to ensure that the correct stakeholders are interviewed as part of risk identification. What document will help Frank to communicate and solicit inputs of the project stakeholders during risk identification?

  1. Project charter
  2. Risk register
  3. Requirements management plan
  4. Stakeholder register

Answer(s): D



You are working with your project stakeholders to identify risks within the JKP Project. You want to use an approach to engage the stakeholders to increase the breadth of the identified risks by including internally generated risk. Which risk identification approach is most suited for this goal?

  1. Delphi Technique
  2. SWOT analysis
  3. Assumptions analysis
  4. Brainstorming

Answer(s): B



Ted is the project manager of the HRR project for his company. Management has asked that Ted periodically reviews the contingency reserve as risk events happen, pass, or are still pending. What is the purpose of reviewing the contingency reserve?

  1. It helps to evaluate if the remaining reserve is adequate for the risk exposure.
  2. It helps to determine how much more funds will need to be invested in the project.
  3. It helps to evaluate secondary and residual risks related to the risk responses and their costs.
  4. It helps to determine the probability and impact of project risks.

Answer(s): A



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