PMI RMP Exam (page: 13)
PMI Risk Management Professional Exam
Updated on: 06-Apr-2026

Viewing Page 13 of 90

Ruth is the project manager of ISFH project for her company. This project is forty percent complete and it appears that some risk events are going to happen in the project that will have an adverse affect on the project. Ruth creates a change request regarding the risks. Is this a valid response?

  1. No, change requests should not address risks, only risk response strategies should be issued.
  2. No, change requests should not address pending risks, but only scope changes.
  3. Yes, change requests can be recommended for corrective actions for contingency plans.
  4. Yes, change requests can ask for additional funds to pay for the risk impact.

Answer(s): C



Henry is the project manager of the QBG Project for his company. This project has a budget of $4,576,900 and is expected to last 18 months to complete. The CIO, a stakeholder in the project, has introduced a scope change request for additional deliverables as part of the project work. What component of the change control system would review the proposed changes' impact on the features and functions of the project's product?

  1. Scope change control system
  2. Cost change control system
  3. Configuration management system
  4. Integrated change control

Answer(s): C



You are the project manager for BlueWell Inc. Your current project is a high priority and high profile project within your organization. You want to identify the project stakeholders that will have the most power in relation to their interest on your project. This will help you plan for project risks, stakeholder management, and ongoing communication with the key stakeholders in your project. In this process of stakeholder analysis, what type of a grid or model should you create based on these conditions?

  1. Stakeholder power/interest grid
  2. Influence/impact grid
  3. Salience model
  4. Stakeholder register

Answer(s): A



You work as the project manager for BlueWell Inc. You are monitoring the project performance. You want to make a decision to change the project plan to eliminate a risk in order to protect the project objectives. Which of the following strategies will you use to tackle the risk?

  1. Risk mitigation
  2. Risk avoidance
  3. Risk acceptance
  4. Risk transference

Answer(s): B



Lisa is the project manager of the FKN project for her organization. She is working with Sam, the CIO, to discuss a discount the vendor has offered the project based on the amount of materials that is ordered. Lisa and Sam review the offer and agree that while their project may qualify for the discounted materials the savings is nominal and they would not necessarily pursue the savings. Lisa documents this positive risk response in the risk register. What risk response is this?

  1. Enhance
  2. Transference
  3. Share
  4. Acceptance

Answer(s): D



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