RTPM LATEST 2026 STUDY GUIDE QUESTIONS AND
ANSWERS GRADED A+
✔✔150. What must provide the means of determining that the work is being performed
properly? - ✔✔the SOW
✔✔151. True or False: The SoW should specify the number of copies of reports and the
person to whom they will be delivered. - ✔✔true
✔✔152. True or False: The SoW should specify any physical arrangements necessary
to assure the owner's capability to examine end products. - ✔✔true
✔✔153. When can safety be excluded from the scope? - ✔✔When the project only has
the PM issuing the design documentation only
✔✔154. When will safety be an area of greatest risk to the project? - ✔✔Construction
✔✔155. The purpose of ___________________ is to determine potential risk events
and their characteristics that, should they occur, may have an impact on the project. -
✔✔risk management
✔✔156. What are events or circumstances that affect the original plan or scope of the
project? - ✔✔risk
✔✔157. What are events or circumstances that adversely affect the success of the
project? - ✔✔liability
✔✔158. When do risks become liabilities? - ✔✔when they are not effectively managed
✔✔159. What are the two primary risk components - ✔✔probability of occurrence of that
event & impact of that event occurring
✔✔160. What is the process of identifying and classifying risks for the purposes of
developing strategies and controls to effectively prevent or mitigate risks? - ✔✔risk
assessment
✔✔161. How can PMs begin the risk management plan process? - ✔✔Identification,
analysis, mitigation
✔✔162. What are events or performance characteristics that warn of the occurrence of
risk events? - ✔✔risk triggers
✔✔163. List two ways to identify risk? - ✔✔qualitative and quantitative
, ✔✔164. What determines the potential of each identified risk to become a liability to the
project and identifies any dependencies that exist between risks? - ✔✔risk analysis
✔✔165. What type of risk analysis qualifies the expected impact of cost, timeframe, and
quality of a risk? - ✔✔qualitative risk
✔✔166. What type of risk analysis involves measuring the probability and impact of
each risk? - ✔✔quantitative risk
✔✔167. Impact can be assessed in terms of its effect on which four areas? - ✔✔Time,
cost, quality, risk proximity
✔✔168. What involves identifying the strategy for minimizing the effects of the risk to a
level where the risk can be controlled and managed to ensure that the project objectives
are achieved? - ✔✔risk mitigation
✔✔169. List 5 risk mitigation strategies. - ✔✔avoidance, transference, sharing,
moderation, acceptance
✔✔170. What is one way to avoid risk? - ✔✔Add an assumption or exclusion in the
SOW
✔✔171. Risk control forms have 9 fields which are: - ✔✔unique ID, description,
probability, impact, timescale, cost, owner, response, early warning signs
✔✔172. How does an OBS (organization breakdown structure) differ from a traditional
organizational chart? - ✔✔It covers everyone involved regardless of the company or
organization
✔✔173. The WBS must cover all of the elements of the project including: _______,
________, and ________. - ✔✔planning, implementing and closing out the project
✔✔174. True or False: The WBS should be as specific as possible. - ✔✔True
✔✔175. What uses network diagrams to identify predecessor and successor
relationships on projects? - ✔✔PERT
✔✔176. What uses a network diagram by identifying the chain of events that take the
longest time to complete on the project? - ✔✔CPM
✔✔177. List the four network diagram dependencies. - ✔✔finish-start (Task A can't start
til task B is finished), finish-finish , start-start, start-finish
ANSWERS GRADED A+
✔✔150. What must provide the means of determining that the work is being performed
properly? - ✔✔the SOW
✔✔151. True or False: The SoW should specify the number of copies of reports and the
person to whom they will be delivered. - ✔✔true
✔✔152. True or False: The SoW should specify any physical arrangements necessary
to assure the owner's capability to examine end products. - ✔✔true
✔✔153. When can safety be excluded from the scope? - ✔✔When the project only has
the PM issuing the design documentation only
✔✔154. When will safety be an area of greatest risk to the project? - ✔✔Construction
✔✔155. The purpose of ___________________ is to determine potential risk events
and their characteristics that, should they occur, may have an impact on the project. -
✔✔risk management
✔✔156. What are events or circumstances that affect the original plan or scope of the
project? - ✔✔risk
✔✔157. What are events or circumstances that adversely affect the success of the
project? - ✔✔liability
✔✔158. When do risks become liabilities? - ✔✔when they are not effectively managed
✔✔159. What are the two primary risk components - ✔✔probability of occurrence of that
event & impact of that event occurring
✔✔160. What is the process of identifying and classifying risks for the purposes of
developing strategies and controls to effectively prevent or mitigate risks? - ✔✔risk
assessment
✔✔161. How can PMs begin the risk management plan process? - ✔✔Identification,
analysis, mitigation
✔✔162. What are events or performance characteristics that warn of the occurrence of
risk events? - ✔✔risk triggers
✔✔163. List two ways to identify risk? - ✔✔qualitative and quantitative
, ✔✔164. What determines the potential of each identified risk to become a liability to the
project and identifies any dependencies that exist between risks? - ✔✔risk analysis
✔✔165. What type of risk analysis qualifies the expected impact of cost, timeframe, and
quality of a risk? - ✔✔qualitative risk
✔✔166. What type of risk analysis involves measuring the probability and impact of
each risk? - ✔✔quantitative risk
✔✔167. Impact can be assessed in terms of its effect on which four areas? - ✔✔Time,
cost, quality, risk proximity
✔✔168. What involves identifying the strategy for minimizing the effects of the risk to a
level where the risk can be controlled and managed to ensure that the project objectives
are achieved? - ✔✔risk mitigation
✔✔169. List 5 risk mitigation strategies. - ✔✔avoidance, transference, sharing,
moderation, acceptance
✔✔170. What is one way to avoid risk? - ✔✔Add an assumption or exclusion in the
SOW
✔✔171. Risk control forms have 9 fields which are: - ✔✔unique ID, description,
probability, impact, timescale, cost, owner, response, early warning signs
✔✔172. How does an OBS (organization breakdown structure) differ from a traditional
organizational chart? - ✔✔It covers everyone involved regardless of the company or
organization
✔✔173. The WBS must cover all of the elements of the project including: _______,
________, and ________. - ✔✔planning, implementing and closing out the project
✔✔174. True or False: The WBS should be as specific as possible. - ✔✔True
✔✔175. What uses network diagrams to identify predecessor and successor
relationships on projects? - ✔✔PERT
✔✔176. What uses a network diagram by identifying the chain of events that take the
longest time to complete on the project? - ✔✔CPM
✔✔177. List the four network diagram dependencies. - ✔✔finish-start (Task A can't start
til task B is finished), finish-finish , start-start, start-finish
