Task 2 Implement Risk Response PMI-RMP Practice Questions (Page 3)

Questions 11–15

1. 11foundation · easy

   After implementing a risk response, the project manager assesses that the remaining risk level is 0.3 on a scale of 0 to 1. The organization's acceptable risk threshold is 0.5. What does this indicate?

   • AThe residual risk exceeds the acceptable threshold
   • BThe risk has been fully eliminated
   • CThe residual risk is within the acceptable threshold
   • DThe risk response was ineffective
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2. 12foundation · easy

   A contingency plan is being executed because a risk trigger occurred. The contingency plan also fails to fully address the risk impact. What should the project manager do?

   • AEscalate the risk to the project management office (PMO) for a new risk response
   • BApply the fallback plan if one was defined in the risk response plan
   • CAccept the remaining impact because the contingency plan was executed
   • DClose the risk because the contingency plan was activated
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4. 13expert · hard

   A project manager implemented a risk response to mitigate the risk of a key team member being unavailable by hiring a contractor. After the contractor starts, the project manager discovers that the contractor's work quality is below the project's standards, creating a new risk of rework. What should the project manager do?

   • ATerminate the contractor immediately and rely on the original team member, even though they are unavailable.
   • BAssess the rework risk as a secondary risk and implement a response, such as providing additional training to the contractor.
   • CUpdate the risk register to close the original risk and document the rework risk as a new risk.
   • DAccept the rework risk because the contractor was the best available option.
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5. 14foundation · easy

   Which of the following best describes a secondary risk?

   • AA risk that arises as a direct result of implementing a risk response
   • BA risk that is accepted because it is low impact
   • CA risk that was identified during the initial risk assessment
   • DA risk that remains after a risk response has been implemented
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6. 15foundation · easy

   A contingency plan for a project risk includes a trigger condition: 'If the vendor's delivery is delayed by more than 10 days, activate the backup supplier.' The vendor's delivery is now 12 days late. What should the project manager do?

   • AActivate the backup supplier as specified in the contingency plan
   • BUpdate the risk register to close the risk because the delay has occurred
   • CAsk the project sponsor for permission to activate the contingency plan
   • DWait for the vendor to provide a new delivery date before taking action
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