PMI-RMP Implement Risk Responses 2

Question 1

A risk owner is responsible for executing the agreed-upon response, but who is typically assigned to carry out the specific actions of the response plan?

Accepted Answer

The risk action owner

Answer

The project sponsor

Answer

The PMO director

Answer

The procurement manager

Question 2

During implementation of risk responses, an unanticipated risk emerges that requires immediate action. What is this commonly called?

Accepted Answer

A workaround

Answer

A residual risk

Answer

A secondary risk

Answer

A trigger condition

Question 3

After implementing a response, a new risk arises that is a direct consequence of that response. This is known as what?

Accepted Answer

Secondary risk

Answer

Residual risk

Answer

Inherent risk

Answer

Overall project risk

Question 4

Which document should the risk manager update immediately after a risk response is implemented to reflect actions taken and remaining exposure?

Accepted Answer

Risk register

Answer

Project charter

Answer

Stakeholder register

Answer

Scope statement

Question 5

A risk response is being implemented but the assigned action owner lacks authority over the needed resources. What should the risk owner do FIRST?

Accepted Answer

Escalate to the project manager for resource authorization

Answer

Cancel the response plan

Answer

Accept the risk passively

Answer

Transfer the risk to a vendor

Question 6

What is the primary purpose of implementing risk responses in the project lifecycle?

Accepted Answer

To ensure agreed-upon responses are executed as planned

Answer

To identify new risks

Answer

To perform quantitative analysis

Answer

To close the project

Question 7

The remaining exposure after a risk response has been implemented is referred to as what?

Accepted Answer

Residual risk

Answer

Secondary risk

Answer

Workaround

Answer

Risk appetite