Task 2 Monitor Residual & Secondary Risks PMI-RMP Practice Questions (Page 5)

Questions 21–25

1. 21expert · hard

   A project implemented a risk response to reduce the risk of a cost overrun by using a cheaper material. This created a secondary risk of quality issues. The quality issues have materialized, causing rework and a potential delay. The project has a tight budget and a fixed deadline. What is the MOST critical impact to assess?

   • AThe impact on the quality objective, as the material is cheaper.
   • BThe impact on the cost objective only, as the budget is tight.
   • CThe combined impact on both cost and schedule objectives.
   • DThe impact on the schedule objective only, as the deadline is fixed.
   Reveal Solution Discussion Select an answer first
2. 22foundation · easy

   A project team implements a risk response that introduces a new risk. How is this new risk classified?

   • AOpportunity
   • BContingency risk
   • CSecondary risk
   • DResidual risk
   Reveal Solution Discussion Select an answer first
4. 23foundation · easy

   What is the purpose of tracking the execution of planned risk responses?

   • ATo ensure the responses are implemented as scheduled and are effective.
   • BTo update the project schedule with actual durations.
   • CTo assign ownership of risks to the appropriate stakeholders.
   • DTo identify new risks that were not previously known.
   Reveal Solution Discussion Select an answer first
5. 24foundation · easy

   When should the risk register be updated with residual and secondary risk information?

   • AOnly when a risk occurs
   • BOnly during risk planning
   • CAt the end of the project only
   • DWhenever a risk response is implemented or a risk status changes
   Reveal Solution Discussion Select an answer first
6. 25foundation · easy

   After implementing a risk response, what does 'residual risk' represent?

   • AThe risk that remains after the response has been applied.
   • BThe risk that was completely eliminated by the response.
   • CA new risk created by the response.
   • DThe risk that was identified after the response was implemented.
   Reveal Solution Discussion Select an answer first