RMP - 7. FINAL PREPARATION

RMP - 7. FINAL PREPARATION

1st Grade

•

71 Qs

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RMP - 7. FINAL PREPARATION

RMP - 7. FINAL PREPARATION

Assessment

Quiz

•

Professional Development

•

1st Grade

•

Practice Problem

•

Easy

Created by

sudiyuwono wowo

Used 8+ times

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71 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The risk manager wants to determine what is to be measured, how it is to be measured, and what project outcomes are to be measured. In which of the following processes should this be established?

Monitoring and controlling process.
Planning process.
Initiating process.
Executing process.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company is preparing a formal response to bid for an infrastructure engineering, procurement and construction project. When should a risk register be developed to identify risks?

During the project execution phase to allow the project manager to understand the risk attitudes of stakeholders.
After a project budget is set up with a purchase order to charge hours for a risk workshop.
Before a formal bid response is provided to the client to gain a greater understanding of the project's risk profile.
When a client project kick-off meeting is held to introduce risk assessment process to the client

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the project manager wants to review the risk response effectiveness from past projects, from which of the following will he find these?

Lessons learned and enterprise environment factors.
Lessons learned and risk audit.
Lessons learned and probability and impact matrix.
Lessons learned and issue log.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the key success factors for the risk identification process?

Risk identification should be performed as early in the project lifecycle as possible. Risks should be clearly described and linked to project objectives.
Risk identification should be based on agreed-upon definitions, collect high-quality information about risks, and used throughout the project.
Risk identification should be performed as early in the project lifecycle as possible; risks should be clearly described and use appropriate project model.
Risk identification should be performed as early in the project lifecycle as possible; risks should be clearly described and interrelationships between risks in quantitative risk analysis.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which among the following refers to a structural description of a risk which separates cause, effect and risk?

Risk Model.
Risk Breakdown Structure.
Risk Category.
Risk Meta-language.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A project has a significant impact on an organization. Multiple stakeholders expressed concerns regarding the overall project risk during the construction of the risk management plan, and they agreed that risk appetite is low. What should the project risk manager monitor closely?

Risk breakdown structure (RBS).
Risk management reports.
Risk response strategies.
Risk thresholds.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A list of risks was identified that could occur during the design phase. Now, the team finished the design phase, and those risks did not materialize. What should the project manager do next?

Use their contingency with other risks that are still open.
Close the risks and update their status in the risk register.
Reevaluate those risks' severity and update the risk register.
Remove the risk from the list as they are no longer applicable.

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