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Pass the PMI Certification PMI-RMP Questions and answers with Dumpstech

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Viewing page 7 out of 9 pages
Viewing questions 61-70 out of questions
Questions # 61:

A company manages confidential customer information, and a data breach exposing sensitive information was discovered. What should the risk manager do?

Options:

A.

Execute the security risks contingency plan.

B.

Get a report of customers affected by the risk.

C.

Identify residual and secondary risks.

D.

Coordinate a response with the risk owner.

Questions # 62:

A major data center initiative involves performing a sensitivity analysis to determine the center ' s required amount of disaster recovery. Several key stakeholders are in disagreement about which level of disaster recovery is required. The lessons learned disaster recovery plans, and the difference for this data center is its geographical location and unique climate requirements. The database includes examples from previous similar initiatives, as well as the competitor ' s advertised plans.

What should the risk manager do to quantify the risk?

Options:

A.

Initiate a 360-degree assessment.

B.

Consult environmental enterprise factors for benchmarks.

C.

Review organizational process assets for guidance.

D.

Consider leveraging the Delphi technique.

Questions # 63:

An organization with a portfolio of unique business functions kicks-off a performance improvement project across the entire organization. There are a large number of stakeholders the project team will need to consider during risk identification.

What three actions should the risk manager ensure the project team performs during risk identification? (Choose 3)

Options:

A.

Develop checklists based on historical information

B.

Conduct interviews, meetings, and focus groups

C.

Assign a different risk manager for each portfolio unit

D.

Employ brainstorming to generate spontaneous ideas

E.

Perform qualitative and quantitative risk analyses 

Questions # 64:

Business rhythm can fluctuate greatly between different industries and vary between companies within the same industry. What should be used 10 determine how often a project ' s risk register should be updated or reviewed in a given year when the project is in an industry with a very high business rhythm?

Options:

A.

The risk management plan

B.

The risk triggers

C.

The risk prioritization criteria

D.

The portfolio management plan

Questions # 65:

A key hardware component failed during a large software implementation project, with significant organizational impact. The risk owner was on vacation and no one responded to this incident, thereby causing project delays.

What should have been done to prevent this situation?

Options:

A.

The project manager should have requested and mandated that no vacations be taken during critical implementation activities or until all implementation had been completed for the project.

B.

The risk manager should have anticipated this situation and planned for schedule buffers in the project schedule to accommodate the likelihood of failed hardware.

C.

The risk owner should have communicated with the project manager so that a designated stakeholder could have been assigned to accept accountability for implementing risk responses.

D.

The risk manager should have taken the responsibility of responding to this risk instead of relying on and waiting for the risk owner to return from vacation.

Questions # 66:

In a project to promote public health and mitigate health risks, the national health authorities intend to take actions to limit the risks of harmful insects by using pesticides; however, it is expected that some residents will have negative health effects due to the use of the pesticides but according to the assessment completed by the health authorities, not moving forward with this plan will have much more serious consequences on public health rather than following through with the original plan.

How should the project manager address this concern with the health authorities?

Options:

A.

Suspend the project as the secondary risk will negatively impact residents ' health which is not acceptable.

B.

Consult with health experts to provide a risk trigger before using pesticides that will impact the residents.

C.

Assess and record associated secondary risks and proceed to treat them as any other risks.

D.

Proceed with the project as normal since a minor number of residents will be effected negatively.

Questions # 67:

Members of a project team are not taking their risk management responsibilities seriously. They do not consider risk management as primary to the project’s success and do not believe that the benefits are significant.

What should the risk manager do?

Options:

A.

Schedule a meeting to review and develop realistic risk thresholds with the project team.

B.

Motivate and influence the project team with risk engagement activities like workshops.

C.

Ensure that risk management responsibilities are clearly identified in the risk management plan.

D.

Ensure that the risk language used by all stakeholders is consistent with the risk management plan.

Questions # 68:

During the design phase the project team is exploring various architecture options. After reviewing the results of design pilot, two conflicting infrastructure pieces were identified.

What action should the project manager take?

Options:

A.

Reassess the design for the two pieces.

B.

Escalate the situation and request approval to move forward.

C.

Confirm the results through a second pilot.

D.

Update the assumptions log and assess the risk associated with it.

Questions # 69:

in a complex and critical project, a sponsor asks the risk manager to determine where the project ' s concentration of risks is greatest by performing a quantitative risk analysis. There are no organizational process assets (OPAs)s about the risk categories.

Which tool could the risk manager use to discover the project risk categories?

Options:

A.

Work breakdown structure (WBS)

B.

Affinity diagram

C.

Monte Carlo simul-ation

D.

Mind mapping

Questions # 70:

An organization is executing two projects — Project A and Project B — simultaneously. A previously identified risk will impact the schedule for Project A. While executing the mitigation plan, a number of residual risks are identified that could provide cost savings for Project B.

Which action should the risk manager for Project A take?

Options:

A.

Review the findings in Project A ' s closure documents and propose a new organizational process for portfolio risk management.

B.

Consult with Project B ' s risk manager and determine where synergies might exist between the risk management plans for both projects.

C.

Combine the risk registers for Project A and Project B and determine if there are any additional cross-project opportunities to exploit.

D.

Continue executing the planned risk mitigation to avoid any additional schedule impact to Project A.

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Viewing questions 61-70 out of questions