Task 4 Monitor Project Risk Levels PMI-RMP Practice Questions (Page 1)

Questions 1–5

1. 1application · medium

   A project manager is communicating the current risk level to stakeholders. The overall risk score is 22, which is above the threshold of 20. The project manager wants to ensure stakeholders understand the urgency and the need for action. Which communication approach is most effective?

   • AWait until the next scheduled risk review to communicate the risk level, as it may change by then.
   • BCommunicate the risk level only to the project sponsor, as they are the primary decision-maker.
   • CCommunicate the risk level without mentioning the threshold to avoid causing concern.
   • DClearly state that the risk level exceeds the threshold, explain the contributing risks, and propose immediate response actions.
   Reveal Solution Discussion Select an answer first
2. 2application · medium

   A project manager must report risk levels to the project sponsor, who prefers visual summaries, and to the risk management team, who need detailed data. The sponsor has limited time and wants to see the top five risks and overall trend. The risk team needs to review all risks and their response status. Which reporting strategy is most effective?

   • ACreate a single report that includes both a summary dashboard and the detailed register, and send it to all stakeholders.
   • BProvide the sponsor a dashboard with a risk heat map and trend chart, and give the risk team a detailed risk register with response status.
   • CSend the detailed risk register to both the sponsor and the risk team to ensure full transparency.
   • DVerbally summarize the top risks to the sponsor and email the detailed register only to the risk team.
   Reveal Solution Discussion Select an answer first
4. 3foundation · easy

   When communicating current project risk levels to key stakeholders, what is the most important factor to ensure the communication is effective?

   • AThe communication is delivered only when risks become critical
   • BThe communication includes all possible risk details, regardless of audience
   • CThe communication is clear, accurate, and timely
   • DThe communication is delivered in a single format for all stakeholders
   Reveal Solution Discussion Select an answer first
5. 4application · medium

   A project manager is aggregating individual risk assessments to determine the overall project risk level. The project has a risk threshold of 20 on a 0–100 scale. The individual risk scores are: Risk 1 = 15, Risk 2 = 10, Risk 3 = 5. The project manager uses a weighted scoring model where Risk 1 has a weight of 0.5, Risk 2 has a weight of 0.3, and Risk 3 has a weight of 0.2. What is the overall project risk score and the resulting risk level?

   • AOverall score = 15 + 10 + 5 = 30, which exceeds the threshold, so the risk level is high.
   • BOverall score = (15+10+5)/3 = 10, which is below the threshold, so the risk level is moderate.
   • COverall score = max(15,10,5) = 15, which is below the threshold, so the risk level is moderate.
   • DOverall score = (15×0.5) + (10×0.3) + (5×0.2) = 7.5 + 3 + 1 = 11.5, which is below the threshold, so the risk level is moderate.
   Reveal Solution Discussion Select an answer first
6. 5application · medium

   A project manager discovers that a critical risk has increased in probability from 0.3 to 0.7, pushing the overall project risk level above the threshold. The next stakeholder meeting is in two weeks. What is the most appropriate action regarding communication?

   • AWait until the scheduled meeting to present the updated risk level along with other status updates.
   • BImmediately notify key stakeholders of the increased risk level and its potential impact on project objectives.
   • CUpdate the risk register and send a brief email to the project team, but not to external stakeholders.
   • DReassess the risk to confirm the increase before communicating, even if it takes several days.
   Reveal Solution Discussion Select an answer first