Project Risk Management PMP Sample Questions( based on PMP 3rd edition)
200 PMP 4th Edition Questions - Free
1630 PMP 4th Edition Questions
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These questions are randomly taken from certchamp PMP exam kit
Question - 1
You are a project manager of a project and done the risk register planning process. What you do NEXT?
1.Include them in the Risk Register and revisit in the Execution phase.
2.Include them in the Contingency plan.
3.Ignore them.
4.Perform analysis.
Correct Answers are : 1
Explanation :
A is the correct answer.
The best option is to include them in the Risk Register and revisit in the Execution phase.
Question - 2
Overtime associated with the execution effort of a project is estimated at 120 hours with probability 0.5, 250 hours with probability 0.6, and 300 hours with probability 0.3. What is the monetary value of the amount of overtime?
1.300 hours
2.670 hours
3.250 hours
4.100 hours
Correct Answers are : 1
Explanation :
A is the correct answer.
The Monetary Value of the amount of overtime is (120 x 0.5) + (250 x 0.6) + (300 x 0.3) = 300 hours.
Question - 5
You are a project manager of a project. You have organized a meeting to plan risk management. Who could be attendees for this meeting?
1.Stakeholders
2.Team members
3.anyone in organization who is responsible to manage risk planning
4.All of the above
Correct Answers are : 4
Explanation :
D is the correct answer.
A meeting to plan the risk management is called Planning Meeting and Analysis. Attendees could be project manager, selected team members, stakeholders, and anyone in organization who is responsible to manage risk planning.
Question - 37
You are a project manager of MKTG project. The customers of the project have requested additions to the project scope. You have to do additional risk planning and need to add it to the project schedule. Why is so?
1.Risk planning should always occur whenever the scope is adjusted.
2.Risk planning should only occur at the project manager's discretion.
3.Risk planning does not need to happen at every change in the project.
4.None of the above
Correct Answers are : 1
Explanation :
A is the correct answer.
Risk Planning should always occur whenever the scope is change and adjusted.
