Task 4 Develop Risk Register PMI-RMP Practice Questions (Page 5)

Questions 21–25

1. 21foundation · easy

   A project team identifies a potential cost saving from using a new technology. How should this be classified in the risk register?

   • AAs a threat
   • BAs a constraint
   • CAs an opportunity
   • DAs a trigger
   Reveal Solution Discussion Select an answer first
2. 22application · medium

   A project team is developing a risk register for a software upgrade. They identify a risk that 'the new system may not integrate with legacy applications.' During a workshop, they discuss early warning signs. Which of the following is the most appropriate trigger to record for this risk?

   • AThe project sponsor's approval of the project charter
   • BThe number of change requests submitted during the project
   • CA delay in the delivery of the legacy application interface documentation
   • DThe completion of the integration testing phase
   Reveal Solution Discussion Select an answer first
4. 23foundation · easy

   During a risk review meeting, a team member proposes adding a risk that is already documented in the risk register with a different wording. What is the most appropriate action for the risk manager?

   • AReject the new entry and confirm the existing risk already covers it
   • BRemove the existing risk and replace it with the new wording
   • CMerge the two entries into one with combined wording
   • DAdd the risk as a new entry to capture the alternative wording
   Reveal Solution Discussion Select an answer first
5. 24foundation · easy

   Why is assessing risk urgency important during risk attribute assessment?

   • AIt helps classify the risk as a threat or opportunity
   • BIt helps identify the risk owner
   • CIt helps determine the risk's origin
   • DIt helps prioritize which risks need immediate attention
   Reveal Solution Discussion Select an answer first
6. 25expert · hard

   A project manager is prioritizing risks for a software project. Risk A has a probability of 0.6 and an impact of $20,000. Risk B has a probability of 0.3 and an impact of $50,000. Risk C has a probability of 0.9 and an impact of $5,000. The project has limited resources for risk response. Which risk should be addressed first?

   • ARisk A, because it has the highest probability among the three.
   • BAll risks should be addressed simultaneously because they are all threats.
   • CRisk B, because it has the highest expected monetary value.
   • DRisk C, because it is almost certain to occur.
   Reveal Solution Discussion Select an answer first