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

Questions 16–19

1. 16application · medium

   A project manager must report risk levels to the project board, which includes members from finance, operations, and IT. The board members have different levels of risk expertise and prefer concise summaries. Which reporting format is most appropriate for this audience?

   • AA one-page risk dashboard with a heat map, top risks, and overall risk level.
   • BA detailed risk register with all risks, probabilities, impacts, and response plans.
   • CA technical report with statistical analysis and Monte Carlo simulation results.
   • DA verbal presentation with no written documentation, allowing for immediate questions.
   Reveal Solution Discussion Select an answer first
2. 17application · medium

   A software development project has a risk threshold of 15 on a 1–25 scale. The project manager aggregates individual risk scores: Risk A (probability 4, impact 3), Risk B (probability 5, impact 4), and Risk C (probability 2, impact 5). Using a simple additive scoring model, what is the overall project risk score and the resulting risk level?

   • AOverall score = (4+5+2)/3 × (3+4+5)/3 = 3.67 × 4 = 14.67, which is below the threshold, so the risk level is moderate.
   • BOverall score = 12 + 20 + 10 = 42, which exceeds the threshold, so the project risk level is high.
   • COverall score = 4+3+5+4+2+5 = 23, which exceeds the threshold, so the project risk level is high.
   • DOverall score = max(12, 20, 10) = 20, which exceeds the threshold, so the project risk level is high.
   Reveal Solution Discussion Select an answer first
4. 18foundation · easy

   Which of the following best describes the purpose of creating tailored risk reports for different stakeholders?

   • ATo ensure each stakeholder receives the same information in the same format
   • BTo hide sensitive risk information from certain stakeholders
   • CTo comply with regulatory requirements for risk reporting
   • DTo present risk information in a way that is useful and understandable for each audience
   Reveal Solution Discussion Select an answer first
5. 19foundation · easy

   During a project status review, the risk manager aggregates the individual risk assessments and compares the total risk exposure to the project's risk thresholds. What is the primary purpose of this activity?

   • ATo assign a risk owner to each identified risk
   • BTo determine the overall project risk level and whether it is within acceptable limits
   • CTo document the risk management plan for future projects
   • DTo identify which individual risk has the highest probability of occurrence
   Reveal Solution Discussion Select an answer first