PMI-RMP PMI Risk Management Professional

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Showing 16–18 of 20 questions

Question 16

A risk manager is managing risks in a project. During the initial stages of project execution, a new risk is identified. There is a very small chance that this risk will occur and even if it occurs, the impact would be low.

What should the risk manager do with this risk?

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  • Put the risk on the watch list.

  • Seek guidance from subject matter experts (SMEs).

  • Ignore this risk as it is not critical.

  • Inform the stakeholders about this risk.

Question 17

Frank is the project manager of the NHQ project for his company. Frank is working with the project team, key stakeholders, and several subject matter experts on risks dealing with the new materials in the project. Frank wants to utilize a risk analysis method that will help the team to make decisions in the presence of the current uncertainty surrounding the new materials. Which risk analysis approach can Frank use to create an approach to make decisions in the presence of uncertainty?

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  • Monte Carlo Technique

  • Qualitative risk analysis process

  • Quantitative risk analysis process

  • Delphi Technique

Question 18

A project manager must have certain interpersonal skills to communicate with stakeholders and manage their expectations of the project work. Which of the following interpersonal skills has been identified as one of the biggest reasons for project success or failure?

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  • Motivation

  • Communication

  • Influencing

  • Political and cultural awareness