PMI >> PMI-RMP

Where will you record the mitigation response?

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You are the project manager for your company and a new change request has been approved for your project.This change request, however, has introduced several new risks to the project. You have communicated these risk events and the project stakeholders understand the possible effects these risks could have on your project. You elect to create … Read more

Why would the project manager need to update the WBS after the risk response planning process?

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You are the project manager of the GHY Project for your company. You have completed the risk response planning with your project team. You now need to update the WBS. Why would the project manager need to update the WBS after the risk response planning process? Choose the best answer. Question: Why would the project … Read more

What two areas of the project can the contingency reserve address in regard to risk management?

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Joan is the project manager of the KYU project for her company. She is working with management on defining a contingency reserve for her project. Currently the project is scheduled to last 18 months and it has a cost budget of $2.5 million. What two areas of the project can the contingency reserve address in … Read more

Which of the following interpersonal skills has been identified as one of the biggest reasons for project success or failure?

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A project manager must have certain interpersonal skills to communicate with stakeholders and manage their expectations of the project work. Which of the following interpersonal skills has been identified as one of the biggest reasons for project success or failure? Question: Which of the following interpersonal skills has been identified as one of the biggest … Read more

What is the project’s schedule performance index?

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You are the project manager of the NNH Project. In this project you have created a contingency response that the schedule performance index should be less than 0.93. The NHH Project has a budget at completion of $945,000 and is 45 percent complete though the project should be 49 percent complete. The project has spent … Read more

Which project management process is responsible for these actions?

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You are the project manager of the GHY Project for your company. You need to complete a project management process that will be on the lookout for new risks, changing risks, and risks that are now outdated.Which project management process is responsible for these actions? Question: Which project management process is responsible for these actions? … Read more

What should you do with these identified risk events?

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You and your project team are identifying the risks that may exist within your project. Some of the risks are small risks that won’t affect your project much if they happen. What should you do with these identified risk events?D. Question: What should you do with these identified risk events? Options: All risks must have … Read more

What type of a grid or model should you create based on these conditions?

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You are the project manager for BlueWell Inc. Your current project is a high priority and high profile project within your organization. You want to identify the project stakeholders that will have the most power in relation to their interest on your project. This will help you plan for project risks, stakeholder management, and ongoing … Read more

What should you do with these events that have not happened and would not happen now in the project?

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You are the project manager of the AFD project for your company. You are working with the project team to reassess existing risk events and to identify risk events that have not happened and whose relevancy to the project has passed. What should you do with these events that have not happened and would not … Read more