PMI-RMP Practice Test 10 — 10 Questions

Question 1

The project has a significant risk with a high probability of occurring. The stakeholder responsible for the risk response is unavailable due to personal leave. What should you do?

Accepted Answer

Identify a deputy or delegate with the authority to execute the agreed-upon risk response.. When a risk owner is unavailable, the risk practitioner must ensure the agreed response can still be executed by identifying a deputy or delegate with the authority to act. This maintains response readiness and avoids delays in addressing a high-probability risk. PMI emphasizes proactive risk response execution and continuity of ownership, so delegating authority is the correct action rather than pausing or reassigning unilaterally.

Answer

Pause all activities related to the risk until the stakeholder returns.

Answer

Take over the responsibility and execute the response yourself.

Answer

Update the risk register to state the risk is unmitigated until the stakeholder returns.

Question 2

Which THREE elements are necessary for a high-quality quantitative risk analysis?

Accepted Answer

High-quality, verified data inputs. High-quality quantitative risk analysis depends on B (high-quality, verified data inputs), because the accuracy of any probabilistic model is bounded by the reliability of the underlying data—garbage in, garbage out—so verified inputs such as historical loss data, threat frequencies, and asset values are essential. C (expert judgment for model assumptions) is also required, since assumptions about distributions, correlations, and parameter estimates often cannot be derived from data alone and must be validated by subject-matter experts. E (valid probability distributions) is necessary because quantitative analysis expresses risk as probability and impact, and the chosen distributions (e.g., normal, lognormal, Poisson, beta) must correctly represent the behavior of the variables being modeled. A is not required—risk analysis is performed by a qualified team, not every employee—and D is irrelevant, since budget size does not determine analytical quality.

Answer

Participation of all company employees

Answer

Unlimited project budget

Question 3

Which TWO of the following are considered 'Risk Triggers'?

Accepted Answer

A sudden drop in vendor quality. A risk trigger is a specific, observable event or condition that indicates a risk is about to occur or has occurred, so it must be tied to a defined risk response. Option A, a sudden drop in vendor quality, is a classic trigger because it is a measurable deviation in supplier performance that signals a supply-chain or quality risk requiring action. Option D, a specific project milestone missed, is also a valid trigger because a missed milestone is a concrete schedule event that activates contingency or corrective plans. Option B, the project office moving locations, is a logistical change rather than a defined risk indicator, and option C, the end of the fiscal year, is a recurring calendar event that is not inherently tied to a specific risk. Option E, the project manager's birthday, is irrelevant to project risk and is not a trigger.

Answer

The project office moving locations

Answer

The end of the fiscal year

Answer

The project manager's birthday

Question 4

Which THREE items should be included in a 'Risk Audit' report to project governance?

Accepted Answer

Summary of audit findings. A Risk Audit report to project governance must communicate what was found, so option B (Summary of audit findings) is correct because governance needs a concise account of the audit's observations, evidence, and conclusions to make informed oversight decisions. Option D (Status of the risk management process compliance) is correct because the audit's core purpose is to verify that the risk management process adheres to the defined policy, standards, and procedures, and governance must know the degree of compliance. Option E (Recommendations for process improvement) is correct because an effective audit does not merely report deficiencies but proposes corrective or enhancing actions so governance can authorize remediation and improve the risk process. Option A (The cost of the audit consultant) is not included because consultant fees are a procurement or budget matter, not a substantive risk audit finding for governance. Option C (The internal team's lunch schedule) is irrelevant administrative trivia with no bearing on risk management or governance oversight.

Answer

The cost of the audit consultant

Answer

The internal team's lunch schedule

Question 5

You are conducting sensitivity analysis using a scatter plot in a simulation tool. What does a tight clustering of data points along a diagonal line suggest?

Accepted Answer

High sensitivity.. In a tornado diagram or scatter plot sensitivity analysis, a tight clustering of data points along a diagonal line indicates a strong positive correlation between the input variable and the outcome. This means small changes in the variable produce predictable, proportional changes in the project outcome, which is the definition of high sensitivity. The variable is therefore a key driver of risk exposure.

Answer

The variable is independent of the outcome.

Answer

Low sensitivity.

Answer

The simulation failed to converge.

Question 6

During project execution, you find that the 'Risk Response Owner' is not reporting updates. How should this be addressed within the project governance framework?

Accepted Answer

Escalate the accountability issue to the project sponsor. In project governance, the Risk Response Owner is accountable for executing and reporting on risk responses. If they fail to report, the issue is an accountability gap that should be escalated to the project sponsor, who has the authority to enforce governance and address performance issues. This maintains transparency and ensures the risk management process remains effective.

Answer

Update the risk yourself and hide the lack of participation

Answer

Assign a new owner without informing the original owner

Answer

Remove the risk from the register

Question 7

If a qualitative risk analysis is showing inconsistent results, what should you review first?

Accepted Answer

The Risk Management Plan's definitions of probability and impact. Inconsistent qualitative risk analysis results almost always trace back to ambiguous or inconsistently applied rating scales. The Risk Management Plan defines the probability and impact scales, the probability-impact matrix, and the thresholds that determine risk ratings. If those definitions are vague (e.g., 'high probability' without numeric ranges), different team members will score the same risk differently, producing non-repeatable results. Reviewing and tightening these definitions restores consistency before any other artifact is examined.

Answer

The project charter

Answer

The risk register

Answer

The project budget

Question 8

During a risk audit, you identify that a previously closed risk has manifested. What is the most appropriate action to ensure accurate project risk status?

Accepted Answer

Re-open the existing risk and update the response plan. When a previously closed risk manifests, the most appropriate action is to re-open the existing risk and update its response plan. This maintains the integrity of the risk register, ensures the risk is actively managed again, and allows the team to apply the planned response or adjust it based on current conditions. It also preserves the historical link between the original risk and its realization.

Answer

Archive the risk to maintain the dashboard clarity

Answer

Create a new risk entry in the Risk Register

Answer

Update the Lessons Learned repository only

Question 9

What is the primary purpose of defining 'Risk Roles and Responsibilities' in the Risk Management Plan?

Accepted Answer

To clarify who has the authority to approve risk responses and risk reserve usage.. Defining Risk Roles and Responsibilities in the Risk Management Plan clarifies who is accountable for identifying, analyzing, responding to, and monitoring risks, and specifically who has the authority to approve risk responses and use contingency reserves. This ensures clear decision-making and avoids delays or conflicts during risk events.

Answer

To identify who gets paid more for risk management tasks.

Answer

To assign blame if the project fails.

Answer

To reduce the number of stakeholders involved in the project.

Question 10

When configuring a simulation in Oracle Primavera Risk Analysis, what is the impact of checking the 'Correlate Task Durations' option?

Accepted Answer

It enables the model to reflect that specific tasks may fluctuate together.. Checking 'Correlate Task Durations' in Oracle Primavera Risk Analysis enables the simulation to model dependencies between task durations, reflecting that certain tasks may fluctuate together due to shared drivers (e.g., weather, resource availability). This produces more realistic risk outputs because it captures correlated uncertainty rather than treating each task's duration as independent.

Answer

It reduces the number of iterations required for convergence.

Answer

It forces all tasks to have the same duration.

Answer

It automatically removes all risk events from the schedule.