PMI-RMP PMI Risk Management Professional

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Showing 19–20 of 20 questions

Question 19

A risk management professional is currently facilitating the risk planning process with the project team. To increase the breadth of considered risks, the team wants to include high-level and strategic project risks.

What should the risk management professional do next?

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  • Perform a sensitivity analysis to the higher-level aggregate activities

  • Develop a risk breakdown structure (RBS) identifying the potential risk categories

  • Conduct a strengths, weaknesses, opportunities, and threats (SWOT) analysis

  • Perform a base line Monte Carlo simulation to address overall threats to project objectives

Question 20

An IT project is 40% complete. During the initial analysis, risks A and B were identified for the project. Risk A has a probability of 0.6 and an impact of US$50.000. Risk B has a probability of 0.7 and an impact of USS60.000. After implementing the planned risk response for risk B. the probability of risk B has been reduced is 0.3.

What is the current project risk exposure?

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  • US$18,000

  • US$72.000

  • US$30,000

  • US$48,000