PMI-RMP Monitor and Control Risks 2

Question 1

During risk monitoring, a previously identified risk has not occurred and its triggers are no longer relevant. What is the appropriate action?

Accepted Answer

Close the risk and update the risk register

Answer

Risks that are no longer relevant should be closed and documented in the risk register.

Question 2

A risk audit is primarily used to evaluate what during Monitor Risks?

Accepted Answer

The effectiveness of risk responses and the risk management process

Answer

Risk audits examine and document the effectiveness of risk responses and the overall risk process.

Question 3

What technique compares the amount of contingency reserve remaining to the amount of risk remaining at a point in time?

Accepted Answer

Reserve analysis

Answer

Reserve analysis compares remaining reserves against remaining risk to assess adequacy.

Question 4

A new risk is discovered during project execution that was not in the risk register. What should the risk professional do first?

Accepted Answer

Identify and analyze the risk, then record it in the register

Answer

Newly emerging risks should be identified, analyzed, and added to the register through the ongoing process.

Question 5

Which output of Monitor Risks captures the actual outcomes of project risks for future projects?

Accepted Answer

Lessons learned and organizational process asset updates

Answer

Lessons learned and updated organizational process assets capture risk outcomes for future use.

PMI-RMP Practice Test