Task 2 Monitor Residual & Secondary Risks PMI-RMP Practice Questions (Page 4)

Questions 16–20

1. 16application · medium

   A project implemented a risk response to reduce the risk of a data breach by moving data to a more secure cloud provider. This created a secondary risk of increased latency for users. The project manager has documented this secondary risk. What is the NEXT step in managing this secondary risk?

   • AAccept the latency risk because it is a trade-off for better security.
   • BClose the original data breach risk because the response was implemented.
   • CAssign a risk owner and plan a response for the latency risk.
   • DInform all stakeholders of the new latency risk immediately.
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2. 17application · medium

   A project's critical path activity was delayed by a residual risk that materialized. The project manager has updated the risk register. What is the MOST important next step to assess the full impact of this event?

   • AAnalyze the impact on the project's schedule, cost, and quality objectives.
   • BInform the project sponsor of the delay and request additional budget.
   • CUpdate the risk management plan to reflect the new risk level.
   • DImmediately implement a new risk response to prevent further delay.
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4. 18foundation · easy

   During project execution, the risk owner for a high-priority risk reports that the planned mitigation action has been completed. What is the project manager's PRIMARY responsibility at this point?

   • AClose the risk immediately since the response was executed.
   • BRemove the risk from the risk register.
   • CDocument the risk as a secondary risk.
   • DEvaluate whether the response achieved the intended reduction in risk.
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5. 19expert · medium

   A project implemented a risk response that reduced the probability of a major risk from 60% to 10%. However, the impact remains at $200,000. The project manager is updating the risk register. What is the residual risk score?

   • A$120,000
   • B$200,000
   • C$20,000
   • D$2,000
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6. 20application · medium

   A project manager is reviewing the risk register and notices that the residual risk for a key deliverable has not been updated since the risk response was implemented three weeks ago. The risk owner has been reporting verbally that the response is working. What should the project manager do?

   • AAccept the verbal report and continue monitoring at the next scheduled review.
   • BEscalate the issue to the project sponsor for a decision.
   • CClose the residual risk because the response is working.
   • DAsk the risk owner to formally update the risk register with the current residual risk level and status.
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