Task 2 Monitor Residual & Secondary Risks PMI-RMP Practice Questions (Page 3)

Questions 11–15

1. 11application · medium

   A project team implemented a contingency plan to outsource a critical component after a supplier delay. This created a secondary risk of quality issues with the new supplier. The project manager has been tracking this secondary risk for three weeks. The quality issues have not materialized, and the new supplier's performance is exceeding expectations. What should the project manager do?

   • AClose the secondary risk from the risk register because it has not occurred.
   • BImplement a new risk response to further reduce the quality risk.
   • CDocument the secondary risk's status as 'decreasing' and continue to monitor it in the next review cycle.
   • DCommunicate to stakeholders that the secondary risk has been fully resolved.
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2. 12application · medium

   A project team implemented a risk response to reduce the risk of a key team member leaving by cross-training another team member. During the next risk review, the project manager discovers that the cross-training is not progressing as planned and the backup team member is not yet competent. What should the project manager do?

   • AClose the risk because a response was implemented.
   • BDocument the response as ineffective and develop a new or fallback response.
   • CContinue monitoring the response and hope the cross-training improves.
   • DEscalate the issue to the human resources department.
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4. 13application · medium

   A project implemented a risk response that reduced the probability of a major cost overrun. However, a significant residual risk remains. The project manager needs to communicate this to the project sponsor. What is the MOST effective way to communicate the residual risk?

   • APresent the residual risk's probability, impact, and risk score, along with the response's effectiveness.
   • BProvide the sponsor with a detailed analysis of the original risk and the response.
   • CInform the sponsor that the risk has been mitigated and is no longer a concern.
   • DWait until the next scheduled status meeting to communicate the residual risk.
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5. 14foundation · easy

   A residual risk has a high probability of causing a delay in the project schedule. Which project objective is directly affected?

   • AQuality
   • BSchedule
   • CCost
   • DScope
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6. 15expert · hard

   A project implemented a risk response to reduce the risk of a cyberattack by adding a new firewall. This created a secondary risk of network performance degradation. The project manager is deciding how to manage this secondary risk. The network performance is critical for the project's daily operations. What is the BEST approach?

   • AAccept the secondary risk because the firewall is essential for security.
   • BClose the secondary risk because it is a trade-off for better security.
   • CAnalyze the secondary risk's probability and impact, and plan a response to mitigate the performance degradation.
   • DInform stakeholders of the performance degradation and ask for their input.
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