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PMP Risk Management Questions5

The document presents a series of questions related to risk management strategies in project management scenarios. It covers various risk response strategies, risk monitoring actions, risk identification techniques, qualitative risk analysis methods, and quantitative risk analysis techniques. Each question provides multiple-choice options for selecting the most effective approach to managing risks in different project contexts.

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8 views2 pages

PMP Risk Management Questions5

The document presents a series of questions related to risk management strategies in project management scenarios. It covers various risk response strategies, risk monitoring actions, risk identification techniques, qualitative risk analysis methods, and quantitative risk analysis techniques. Each question provides multiple-choice options for selecting the most effective approach to managing risks in different project contexts.

Uploaded by

tccljahirdipok
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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121.

Your project team has identified a risk that the procurement of resources from an
international supplier may be delayed due to potential customs issues. What is the most
effective risk response strategy?
a. Transfer
b. Exploit
c. Enhance
d. Accept

122. During weekly risk monitoring of a data-center upgrade project, the metrics
dashboard shows three breaches (লঙ্ঘন) of the temperature threshold that was expected to
occur no more than once per month. The risk management plan states that a backup
cooling unit will be installed if five breaches happen. The next equipment delivery is in four
days and executive sponsors are hard to reach this week. What should the project manager
do?
a. Wait for two more incidents, then follow the existing plan to procure and install the backup
system.
b. Reassess the risk now and submit a change request to activate the backup cooling ahead of
schedule.
c. Record the temperature spikes in the risk log, alert the team, and postpone any decision until
the sponsor returns from travel.
d. Raise the trigger to seven occurrences, noting that fewer activations reduce contingency
costs under tight budgets.

123. You are managing a large-scale infrastructure project to build a new bridge across a
river. During a risk identification workshop, a geologist on your team raises concerns about
potential soil instability at the proposed bridge foundation sites. This could lead to
structural issues and delays in construction. The team then discusses various scenarios that
might arise from this situation. Which risk identification technique is being employed in
this scenario?
a. Fault tree analysis focusing on the potential causes and effects of soil instability on bridge
construction
b. Scenario analysis
c. SWOT analysis to assess the strengths, weaknesses, opportunities, and threats related to the
geological conditions
d. Root cause analysis combined with expert judgment to evaluate the geological implications
on the project timeline and structural integrity
124. As a project manager for the development of an e-learning platform, you identify a
risk that the platform may not be compatible with various devices and browsers used by
the target audience, potentially impacting user experience and adoption rates. What is the
best qualitative risk analysis technique to assess this risk?
a. Risk Urgency Assessment
b. Conducting an in-depth user survey to collect data on all possible devices and browsers used
by the target audience
c. Risk Data Quality Assessment
d. Risk Probability and Impact Assessment

125. In a project with multiple risks, you want to analyze how these risks interact and their
combined impact on project objectives. Which quantitative risk analysis technique would
be most appropriate?
a. Sensitivity analysis with tornado diagrams
b. Expected Monetary Value (EMV) calculation
c. Monte Carlo simulation
d. Decision tree analysis with probability distributions

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