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PMI-RMP – PMI Risk Management Professional

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Showing 10–12 of 20 questions

Question 10

Which of the following statements describe the purpose of an Issue Log? Each correct answer represents a complete solution. Choose all that apply.

Select all that apply, then click Submit answer.

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    It analyzes the impact that the issue is having on the project.
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    It tracks the actions taken to resolve the issue.
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    It tracks the outcome of the actions taken.
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    It addresses the risks that could affect the project.
Question 11

Due to lack of specific knowledge within a technical domain, the project manager decides an expert from outside the organization should be invited into the project to identify and analyze risks. The project manager understands that the risk management process has many benefits, but it will also have clear costs.

Which of the following should the project manager do?

Select an option, then click Submit answer.

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    Identify internal resources with proper knowledge, and keep costs down.
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    Hire experts as needed.
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    Hire a specialized risk analysis consulting company.
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    Determine that the benefits outweigh the costs where risk is involved.
Question 12

The risk manager for a project successfully establishes the risk management plan, the risk register and performs the qualitative risk analysis with the team. As the first step of the analysis, the risk manager develops the probability and impact scales. The scales are presented to the project manager, who refuses to accept the proposed scales.

What did the risk manager overlook prior to developing probability and impact scales?

Select an option, then click Submit answer.

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    Gaining approvals for the developed risk register from the project manager
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    Informing the project manager about the risk management process
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    Evaluating and understanding the risk appetite of the stakeholders
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    Interviewing the stakeholders and related parties