PMI-RMP Practice Test 2 — 10 Questions

Question 1

Which THREE criteria are commonly used to score risks during qualitative analysis?

Accepted Answer

Probability of occurrence.. Qualitative risk analysis scores each identified risk by combining two core dimensions: the likelihood that the risk event will happen, which is option C, probability of occurrence, and the severity of its effect on scope, schedule, cost, or quality, which is option D, impact on project objectives. These two factors are typically multiplied on a probability-impact matrix to produce a relative risk score that drives prioritization. Option E, urgency of the response required, is also a common qualitative scoring criterion because risks needing near-term action (for example, those with short response windows or imminent triggers) are rated higher so they can be escalated and addressed first. Options A and B are not risk-scoring criteria: an office address is irrelevant to the likelihood or consequence of a project risk, and the project manager's age has no bearing on risk exposure or prioritization.

Answer

The office address.

Answer

The age of the project manager.

Question 2

When planning for risk, what does the term 'Tailoring' refer to?

Accepted Answer

Adjusting the risk management process to fit the project's complexity and needs.. Tailoring in risk management refers to adjusting the risk management processes, tools, and techniques to fit the specific project's size, complexity, industry, and organizational context. It ensures the risk approach is proportionate and relevant rather than applying a one-size-fits-all methodology.

Answer

Reducing the project team size.

Answer

Changing the project scope to avoid all risks.

Answer

Buying specialized software.

Question 3

A project is utilizing a 'Risk-Adjusted Schedule'. What does this imply about the project's risk planning?

Accepted Answer

The schedule accounts for identified risks via time buffers or logic changes.. A Risk-Adjusted Schedule is a project schedule that has been deliberately modified to reflect the impact of identified risks and agreed-upon risk responses. This is typically achieved by adding time buffers (such as contingency reserves or feeding buffers) or by altering the logical sequence of activities (e.g., adding lag, changing dependencies, or re-sequencing work) to reduce the probability or impact of risk events. In PMI's risk management framework, this schedule is an output of the Plan Risk Responses process and is used to establish a realistic baseline that accounts for uncertainty rather than assuming a risk-free environment.

Answer

The schedule was created by a software tool without human input.

Answer

The schedule has no risks involved.

Answer

The schedule is fixed and cannot be changed.

Question 4

Which document outlines how risk management activities will be communicated to stakeholders?

Accepted Answer

The Communications Management Plan.. The Communications Management Plan is the PMBOK document that defines how project information—including risk management activities, risk status reports, and risk escalation paths—will be distributed to stakeholders. It specifies who receives what information, in what format, at what frequency, and through which channel. Since the question asks specifically about how risk management activities will be communicated, this plan is the correct governing document.

Answer

The Project Charter.

Answer

The Risk Register.

Answer

The Resource Management Plan.

Question 5

You are reviewing a 'Risk Burndown' chart and see that it is flat. What does this mean?

Accepted Answer

No risk mitigation or closure has occurred. A Risk Burndown chart plots cumulative risk exposure (typically probability × impact) against time across the project lifecycle. A flat line means the total risk exposure is not decreasing, which indicates that no risk responses have been executed, no risks have been closed, and no new mitigation value has been realized. In other words, the project team is not actively reducing the risk profile over time.

Answer

The project is completed

Answer

The risk management process is highly effective

Answer

Risks are being identified faster than they are being closed

Question 6

Which of the following is an advantage of using a Monte Carlo simulation over a static schedule analysis?

Accepted Answer

It accounts for the variability of multiple tasks simultaneously.. Monte Carlo simulation accounts for the variability of multiple tasks simultaneously by sampling from probability distributions for each task and running thousands of iterations. This produces a range of possible project completion dates with associated probabilities, unlike static analysis which uses single-point estimates. The key advantage is capturing the combined effect of uncertainty across the entire schedule.

Answer

It provides a single, definitive project completion date.

Answer

It requires less data to perform than static analysis.

Answer

It completely removes the need for expert judgment.

Question 7

You are adjusting the logic of your schedule to include a 'probabilistic branch'. What does this allow you to do in a risk analysis simulation?

Accepted Answer

Model the occurrence of specific, mutually exclusive project outcomes.. A probabilistic branch in schedule logic allows the model to represent alternative paths that depend on uncertain events, enabling simulation of mutually exclusive outcomes. In risk analysis tools like @RISK or Primavera Risk Analysis, this means the schedule can branch into different scenarios (e.g., a design is approved or rejected), and the simulation randomly selects a branch based on assigned probabilities. This models the occurrence of specific project outcomes, providing a more realistic distribution of completion dates.

Answer

Automatically assign risk owners.

Answer

Increase the precision of activity estimates.

Answer

Delete non-critical path activities.

Question 8

Which TWO of the following are essential components of a well-maintained risk register?

Accepted Answer

Risk owner. A well-maintained risk register must include a risk owner (B), because every identified risk needs an assigned individual accountable for monitoring, mitigating, and reporting on it throughout the risk management lifecycle. It must also include a risk description (D), since documenting the nature of the risk — its cause, potential impact, and likelihood — is the core purpose of the register and enables proper analysis and response planning. Options A, C, and E are not essential components: meeting minutes, team member CVs, and vendor contact information are unrelated administrative artifacts that do not describe or manage risks, even if they may be stored elsewhere in project documentation.

Answer

Detailed historical log of all meeting minutes

Answer

Project team member CVs

Answer

Vendor contact information

Question 9

Which THREE categories are typically found in a standard Risk Breakdown Structure (RBS)?

Accepted Answer

External risk category.. In a standard Risk Breakdown Structure (RBS), risks are organized into hierarchical categories, and the External risk category (A) is correct because it captures risks originating outside the project team's control, such as regulatory, market, weather, or supplier-related risks. The Technical risk category (C) is correct because it covers risks tied to requirements, technology, design, interfaces, and performance, which are core technical sources of project uncertainty. The Management risk category (D) is correct because it addresses risks from project management processes such as estimating, planning, resourcing, communication, and control. The color preference category (B) and the lunch break category (E) are not recognized RBS risk categories; they are irrelevant to standard risk classification and do not represent sources of project risk.

Answer

The color preference category.

Answer

The lunch break category.

Question 10

A stakeholder suggests a risk response that is significantly outside of the project's risk appetite. How should you handle this?

Accepted Answer

Facilitate a meeting to discuss the risk, the stakeholder's proposal, and the organization's risk appetite.. When a stakeholder proposes a risk response outside the organization's risk appetite, the best approach is to facilitate a meeting to discuss the risk, the proposal, and the risk appetite. This collaborative approach allows all parties to understand the constraints and work toward a mutually acceptable solution. It respects the stakeholder's input while ensuring alignment with organizational risk tolerance.

Answer

Implement the proposal but document that it was the stakeholder's decision.

Answer

Accept the proposal because the stakeholder has budget authority.

Answer

Reject the proposal immediately and tell the stakeholder they are wrong.