Task 5 Plan and Manage Risk PMP Practice Questions (Page 2)

Questions 6–10

1. 6foundation · easy

   A project manager is preparing to identify risks for a construction project. Which risk identification technique uses a structured list of common risks derived from previous similar projects to prompt consideration of potential risks?

   • ADelphi technique
   • BRoot cause analysis
   • CChecklists
   • DBrainstorming
   Reveal Solution Discussion Select an answer first
2. 7application · medium

   A project manager is updating the risk register for a construction project. A risk that was previously identified as a threat has now been resolved because the team found a way to eliminate the cause. What should the project manager do?

   • AKeep the risk open until the project is completed to be safe.
   • BUpdate the risk register to reflect the risk as closed and document the resolution.
   • CChange the risk to an opportunity because it was resolved.
   • DRemove the risk from the register entirely without any documentation.
   Reveal Solution Discussion Select an answer first
4. 8expert · hard

   A project manager is developing the risk management plan for a project with a very tight budget. The project sponsor wants to minimize the cost of risk management activities. The project manager needs to define a risk management approach that is effective but cost-conscious. Which strategy is most appropriate?

   • AOutsource risk management to an external consultant.
   • BSkip risk analysis and rely on contingency reserves.
   • CPerform a full quantitative risk analysis using Monte Carlo simulation.
   • DConduct qualitative risk analysis only, using a probability-impact matrix.
   Reveal Solution Discussion Select an answer first
5. 9foundation · easy

   A project manager has developed a risk management plan and identified a high-priority security risk. What is the next step in the risk management process?

   • AConduct a risk audit
   • BClose the project
   • CUpdate the project charter
   • DImplement the risk response
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6. 10application · medium

   A project manager is executing the risk management plan for a data center migration. One of the identified risks is a potential security breach during the transfer of sensitive data. The response plan includes encrypting all data and using a secure transfer protocol. During the migration, the project manager notices that the encryption is not being applied to all files. What should the project manager do?

   • AEscalate the issue to the sponsor and ask for guidance.
   • BStop the migration and ensure all data is encrypted before proceeding.
   • CContinue the migration and note the issue in the risk register for future reference.
   • DIncrease the budget to purchase additional security software to compensate.
   Reveal Solution Discussion Select an answer first