PMI-RMP Multiple Select — 20 Questions

Question 1

Which THREE types of risks should always be included on a 'Watchlist' for regular monitoring?

Accepted Answer

Accepted risks that do not require active mitigation. Low-priority, accepted, and deferred risks belong on the watchlist.

Answer

Risks that have already been resolved

Answer

Critical path risks

Question 2

Which TWO of the following techniques are commonly used for identifying risks during project initiation?

Accepted Answer

Interviewing. Brainstorming and interviewing are standard techniques for gathering initial information.

Answer

Sensitivity Analysis

Answer

Decision Tree Analysis

Answer

Monte Carlo Simulation

Question 3

Which TWO of the following should be included in a risk report to executive management?

Accepted Answer

Summary of the top high-level risks. Executives need the 'big picture' view, including major risks and the status of contingency.

Answer

The project manager's personal performance review

Answer

Detailed minutes of every risk meeting

Answer

List of every minor technical task

Question 4

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

Accepted Answer

Summary of audit findings. Audit findings, recommendations, and process status are essential for governance review.

Answer

The cost of the audit consultant

Answer

The internal team's lunch schedule

Question 5

Which TWO of the following are essential components of a formal 'Risk Report' provided to project stakeholders?

Accepted Answer

Summary of top risks by impact. A, B are standard reporting components; C, D, E are either too granular, confidential, or irrelevant.

Answer

Personal performance reviews of risk owners

Answer

Full list of all individual risk task assignments

Answer

Detailed log of every risk register edit

Question 6

Which THREE elements are essential when documenting a 'Risk Trigger' in the register?

Accepted Answer

The data source used to verify the trigger. The trigger condition, the indicator source, and the required action are necessary for a complete trigger definition.

Answer

The phone number of the sponsor

Answer

The font style of the register entry

Question 7

Which THREE factors are primary triggers for conducting an unscheduled 'Risk Reassessment'?

Accepted Answer

Completion of a major project milestone. Significant project changes, major milestones, and failure of mitigation plans trigger reassessments.

Answer

Change in the administrative assistant of the team

Answer

Daily routine status meetings

Question 8

Which TWO factors should be reviewed when deciding whether to 'Retire' a risk from the register?

Accepted Answer

The risk event has passed without occurring. Risk expiration and the resolution of the underlying threat are the key conditions for retiring a risk.

Answer

The risk owner has resigned

Answer

The project is over budget

Answer

The team decided the risk was too boring

Question 9

Which TWO stakeholders are most likely to request a detailed 'Risk Report'?

Accepted Answer

The project sponsor. The project sponsor and project manager need high-level and detailed risk insights respectively.

Answer

The office receptionist

Answer

The local newspaper reporter

Answer

The catering service staff

Question 10

Which THREE criteria are commonly used to prioritize risks for reporting in a dashboard?

Accepted Answer

Probability of occurrence. Probability, Impact, and Urgency are the standard dimensions for risk prioritization.

Answer

The name of the software used for tracking

Answer

The birth date of the risk owner

Question 11

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 12

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 13

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 14

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 15

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

Question 16

Which TWO of the following are benefits of conducting regular risk workshops?

Accepted Answer

Improving stakeholder buy-in and awareness. Regular workshops keep risk awareness high and ensure the register stays relevant.

Answer

Assigning project tasks to team members

Answer

Automating the project budget

Answer

Replacing the project management plan

Question 17

Which THREE steps are part of the 'Qualitative Risk Analysis' process?

Accepted Answer

Categorize risks for analysis. This process involves evaluating probability/impact, ranking, and categorizing.

Answer

Execute the risk response

Answer

Perform a Monte Carlo simulation

Question 18

Which TWO of the following are common risk response strategies for negative risks?

Accepted Answer

Avoid. Common negative risk strategies include Avoid, Transfer, Mitigate, and Accept.

Answer

Exploit

Answer

Enhance

Answer

Share

Question 19

Which TWO items should you check to verify if a risk is being monitored appropriately?

Accepted Answer

The 'Last Updated' date in the Risk Register. The Risk Management Plan and the Risk Register indicate the monitoring frequency and current status.

Answer

The weather forecast at the office location

Answer

The number of hours the team works

Answer

The color of the project binder

Question 20

Which THREE criteria are used to perform a 'Risk Data Quality Assessment'?

Accepted Answer

Reliability of the data. Data quality is assessed based on understanding, accuracy, and reliability.

Answer

Total volume of data

Answer

Color of the spreadsheet cells