PMI-RMP Certification PMI-RMP Certification Risk Identification & Analysis 2

Question 1

What does a negative risk score in qualitative risk analysis typically indicate?

Accepted Answer

The risk is an opportunity that could benefit the project

Answer

A negative risk score in many risk matrices denotes an opportunity (positive risk) rather than a threat, indicating potential project benefit.

Question 2

Which assumption analysis technique helps identify risks by challenging the validity of project assumptions?

Accepted Answer

Assumption and Constraint Analysis

Answer

Assumption and Constraint Analysis examines project assumptions and constraints to find inaccuracies or instabilities that could generate risk.

Question 3

In a tornado diagram, what does the longest bar represent?

Accepted Answer

The risk variable with the greatest impact on the project objective

Answer

A tornado diagram ranks variables by their sensitivity impact, with the longest bar indicating the variable that most affects the project outcome.

Question 4

Which of the following best describes 'overall project risk'?

Accepted Answer

The effect of uncertainty on the project as a whole, beyond individual risks

Answer

Overall project risk represents the combined effect of all uncertainty sources on project outcomes, including interactions between individual risks.

Question 5

What type of risk analysis uses historical data and statistical methods to assign numerical probability values?

Accepted Answer

Quantitative Risk Analysis

Answer

Quantitative Risk Analysis uses numerical data and statistical modeling to estimate probability and impact values for project risks.

PMI-RMP Certification Practice Test