PMI PMBOK Knowledge Areas 3

Question 1

A project team is using a risk register and discovers a previously identified risk has occurred. What is the FIRST thing the project manager should do?

Accepted Answer

Implement the planned risk response

Answer

When a risk event occurs, the project manager should implement the pre-planned risk response strategy documented in the risk register.

Question 2

Which procurement document is used when price is the primary selection criterion and the requirements are well-defined and standardized?

Accepted Answer

Request for Quotation (RFQ)

Answer

An RFQ is used when the scope is well-defined and the buyer primarily wants to compare prices among qualified vendors.

Question 3

During the Monitor and Control Risks process, a project manager identifies a new risk not previously documented. What is the CORRECT action?

Accepted Answer

Add it to the risk register and plan a response

Answer

Newly identified risks should be added to the risk register and have appropriate response strategies planned, regardless of when they are discovered.

Question 4

A project manager uses a RACI chart in Resource Management. What does the 'I' stand for?

Accepted Answer

Informed

Answer

In a RACI chart, 'I' stands for Informed — these are people who need to be kept up to date on decisions and progress but are not directly responsible.

Question 5

Which communication method involves sending information to recipients who can access it at their own discretion, such as intranets or databases?

Accepted Answer

Pull communication

Answer

Pull communication is used for large volumes of information or large audiences, where recipients access content at their own discretion from shared repositories.

(PMI) Project Management Institute Certified Practice Test

(PMI) Project Management Institute Certified Practice Test

PMI PMBOK Knowledge Areas 3