Task 4 Develop Risk Register PMI-RMP Practice Questions (Page 4)

Questions 16–20

1. 16foundation · easy

   Which of the following is an example of an internal risk source?

   • AA natural disaster affecting the region
   • BA key team member resigning
   • CA new competitor entering the market
   • DA change in exchange rates
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2. 17expert · hard

   A project manager is developing a risk register for a construction project. One risk is 'a key supplier may delay delivery of steel beams.' The project manager needs to define a trigger for this risk. The supplier has a history of occasional delays, and the project has a tight schedule. Which of the following is the most effective trigger?

   • AThe project's critical path is at risk.
   • BThe supplier has delayed deliveries in the past.
   • CThe supplier's invoice is paid late.
   • DThe supplier's production schedule is behind by more than one week.
   Reveal Solution Discussion Select an answer first
4. 18application · medium

   A project team is reviewing the risk register and finds an entry: 'There is a risk that the project might be delayed.' The team also has a detailed risk about 'a specific vendor may deliver late, causing a two-week delay.' What should the team do with the first entry?

   • AKeep it as a high-level risk to capture the overall project schedule risk.
   • BRefine it to specify the cause and effect, such as 'vendor delay may cause a two-week schedule slip.'
   • CDelete it because it is too vague and does not meet the criteria for a valid risk.
   • DAssign it to the project manager as an owner to monitor overall schedule risk.
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5. 19expert · hard

   A project manager is reviewing the risk register and finds an entry: 'the project may be delayed due to unforeseen circumstances.' The team also has a detailed risk about 'a specific vendor may deliver late, causing a two-week delay.' The project manager must decide what to do with the vague entry. The project has a risk budget and the team is small. What is the most appropriate action?

   • AKeep the vague entry as a placeholders for unknown risks.
   • BRefine the vague entry into a specific risk, such as 'unforeseen regulatory changes may cause a delay.'
   • CDelete the vague entry because it is not a valid risk.
   • DAssign the vague entry to the project manager as an owner to monitor.
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6. 20application · medium

   A project manager is developing a risk register for a marketing event. One risk is 'the keynote speaker may cancel.' The team wants to define a trigger for this risk. Which of the following is the most effective trigger?

   • AThe speaker has cancelled events in the past.
   • BThe number of attendees registered for the event.
   • CThe speaker's assistant does not respond to emails within 48 hours.
   • DThe event date is within one month.
   Reveal Solution Discussion Select an answer first