Task 3 Identify Threats and Opportunities PMI-RMP Practice Questions (Page 4)

Questions 16–20

1. 16application · medium

   A project manager wants to encourage team members to identify risks independently. The team is distributed across multiple time zones and has varying levels of risk management experience. What is the most effective way to empower them?

   • AAssign a risk mentor to each team member and ask them to meet weekly to review potential risks.
   • BAsk each team member to submit risks in an email to the project manager, who will then consolidate them into the risk register.
   • CProvide a simple risk identification template and hold a series of short, recorded training sessions that team members can watch at their convenience.
   • DSchedule a single, mandatory risk identification workshop for all team members, and require attendance during business hours.
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2. 17expert · hard

   A project manager is leading a project with a team that is highly experienced but has a culture of not reporting risks because they are seen as a sign of failure. The project manager wants to change this culture and empower the team to identify risks independently. What is the most effective first step?

   • AHold a training session on risk management and explain the importance of identifying risks.
   • BAsk the team to identify risks in a group meeting and discuss them openly.
   • CImplement a new risk management software and require the team to log all risks in it.
   • DPublicly recognize and reward team members who identify risks, even if the risks turn out to be minor.
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4. 18application · medium

   A project manager is leading a cross-functional team that includes members from engineering, marketing, and finance. The team has never worked together before. The project manager wants to empower them to identify risks independently. What is the best way to create a supportive environment?

   • ASchedule a single risk identification meeting and ask each team member to present their risks to the group.
   • BProvide a list of common risks for the team to review and ask them to select the ones that apply.
   • CAsk each department head to collect risks from their team and report them to the project manager.
   • DEstablish a risk identification process that includes a shared online repository and regular, non-judgmental feedback sessions.
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5. 19application · medium

   A construction project has identified a risk that a key supplier may deliver steel beams two weeks late. The project has a tight schedule with a penalty clause for late completion. The project manager is analyzing the impact of this risk. Which analysis best captures the impact on project objectives?

   • AReview the supplier's past performance and assign a high probability score, then document the risk in the register without further analysis.
   • BCompare the cost of the steel beams from alternative suppliers to see if switching vendors would eliminate the risk.
   • CAssess the probability of late delivery and multiply it by the cost of the steel beams to determine the expected monetary value.
   • DEvaluate the delay against the project schedule to determine if the critical path is affected, and calculate the potential penalty cost.
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6. 20expert · hard

   A multinational corporation is planning a data center migration. The project must comply with data residency regulations in three countries, each with different requirements. The company's strategic objective is to reduce operational costs by consolidating data centers. The project manager is assessing risk complexity. The migration involves interdependent workstreams: network reconfiguration, data transfer, and application re-platforming. The project manager has limited budget for risk analysis. What is the most appropriate approach to assess the risk complexity?

   • AAsk each workstream lead to independently assess risks and then combine the results without cross-workstream analysis.
   • BPerform a qualitative analysis that focuses on the interdependencies between workstreams and the regulatory constraints, using a risk breakdown structure.
   • CConduct a full quantitative risk analysis for all workstreams to get precise probability and impact values.
   • DDefer risk analysis until after the migration plan is finalized, because early analysis would be based on incomplete information.
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