PMI-RMP Practice Test 4 — 10 Questions

Question 1

During a risk workshop, stakeholders are struggling to differentiate between root causes and symptoms. Which facilitation technique should you employ to ensure the risk register accurately reflects the true origin of risks?

Choose an answer to begin — your selection is scored in the full session.

Accepted Answer

Five Whys. The Five Whys technique is a standard facilitation tool for drilling down into root causes during workshops to avoid documenting mere symptoms.

Answer

Delphi Technique

Answer

SWOT Analysis

Answer

Monte Carlo Simulation

Question 2

In a quantitative risk analysis, the cost contingency has been depleted, yet the risk remains. What is the next logical step in the risk process?

Accepted Answer

Escalate the risk to the project board or project sponsor. When contingency is exhausted, the risk must be re-evaluated and potentially escalated to management or the project board.

Answer

Accept the risk without further action

Answer

Update the risk register with a new probability estimate

Answer

Reduce the scope of the project

Question 3

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 results often stem from poorly defined risk definitions or subjective interpretations of the probability and impact scales.

Answer

The project charter

Answer

The risk register

Answer

The project budget

Question 4

Which TWO of the following are potential causes of a 'non-converging' Monte Carlo simulation?

Accepted Answer

Circular logic dependencies in the project schedule.. Non-convergence is usually caused by excessive complexity (e.g., circular logic) or insufficient iterations relative to the model's volatility.

Answer

The use of a GUI-based interface.

Answer

Assigning too many resources to a task.

Answer

Using a modern, high-speed processor.

Question 5

You are assessing the effectiveness of a risk mitigation strategy. Which metric best indicates if the mitigation is working?

Accepted Answer

The change in residual risk exposure. A reduction in the residual risk score relative to the initial risk score indicates effective mitigation.

Answer

Number of audit findings related to risk

Answer

Total number of risks managed

Answer

The frequency of steering committee meetings

Question 6

What is the purpose of 'Risk Reassessment' sessions held throughout the project?

Accepted Answer

To identify new risks and retire old ones. Reassessment ensures that the risk register stays relevant as the project environment changes.

Answer

To ensure compliance with the procurement plan

Answer

To change the project manager

Answer

To increase the contingency budget

Question 7

Which TWO features in a modern PMIS are best suited for automated 'Risk Monitoring'?

Accepted Answer

Dynamic dashboard updates based on register changes. Email alerts for triggers and automated dashboard updates are core automation features.

Answer

Manual typing of risk descriptions

Answer

Automatic deletion of risks after 30 days

Answer

Manual spreadsheet export to PDF

Question 8

Which TWO pieces of information are critical to include when logging a new risk in the register?

Accepted Answer

A clear description of the risk event. The risk description and the owner are essential for any risk entry.

Answer

The office location of the project team

Answer

The historical performance of the company

Answer

The salary of the risk owner

Question 9

Which THREE techniques are suitable for facilitating risk identification with a remote team?

Accepted Answer

Online surveys (e.g., Delphi). Tools that support digital collaboration are best for remote teams.

Answer

Face-to-face post-it note sessions

Answer

In-person town hall meetings

Question 10

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

Accepted Answer

A sudden drop in vendor quality. Triggers are early warning signs that a risk is about to occur.

Answer

The project office moving locations

Answer

The end of the fiscal year

Answer

The project manager's birthday