PMI-RMP Full Practice Test 2

Question 1

A project manager wants to capture the overall effect of uncertainty on the entire project rather than on a single event. Which term best describes this?

Accepted Answer

Overall project risk

Answer

Overall project risk reflects the effect of uncertainty on the project as a whole, arising from all sources including individual risks.

Question 2

During qualitative risk analysis, what two parameters are most commonly used to prioritize individual project risks?

Accepted Answer

Probability and impact

Answer

Qualitative analysis prioritizes risks primarily by assessing their probability of occurrence and impact on objectives.

Question 3

A new risk arises directly as a result of implementing a risk response. What is this called?

Accepted Answer

Secondary risk

Answer

A secondary risk is one that emerges as a direct outcome of implementing a chosen risk response.

Question 4

Which response strategy is appropriate for a positive risk (opportunity) when the team wants to ensure the opportunity is realized by removing uncertainty?

Accepted Answer

Exploit

Answer

Exploiting an opportunity removes the uncertainty by ensuring the positive risk definitely happens.

Question 5

A contingency reserve is established to address which type of risk?

Accepted Answer

Known risks that have been identified and analyzed

Answer

Contingency reserves cover identified (known) risks for which active or passive acceptance responses are planned.

PMI-RMP Practice Test

PMI-RMP Practice Test

PMI-RMP Full Practice Test 2