PMI-RMP Exam with All Correct & 100% Verified
Answers| Actual Complete Exam |Already Graded A+
(Just Released)
Information from before the project was approved, articles written about similar projects and other
such information. ✔Correct Answer-Project background Information
Factors that are considered to be true without any proof for planning purposes only, they are part of
progressive elaboration as they should be reassessed during project life cycle, they contain a degree
of risk. ✔Correct Answer-Assumptions
Positive effect on project opportunity arising from occurrence of an opportunity. ✔Correct Answer-
Benefit
in some cases the source of information exhibits a preference that inhibits a partial prejudgment,
they are cognitive and motivational bias. ✔Correct Answer-Bias
Events which might give rise into risks. ✔Correct Answer-Cause
Measure of the effect of a risk on one or more objectives if it occurs. ✔Correct Answer-Impact
Things which limits team options, an applicable restriction or limitation, either internal or external.
✔Correct Answer-Constraint
Amount of funds, budget or time needed above the estimate to reduce the risk of overruns of
project objectives. ✔Correct Answer-Contingency Reserve
Plan developed in anticipation of occurrence of risk, to be executed if predetermined risk occurs.
✔Correct Answer-Contingency Plan
Diagram which describes a decision under consideration of choosing one or another alternative,
used when future scenarios are uncertain. ✔Correct Answer-Decision Tree analysis
Department that supplies policies and assistance with risk management efforts. ✔Correct Answer-
Risk management Department
Future event which would directly affect one or more of the project objectives. ✔Correct Answer-
Effect
Uncertain event or condition that if occurred will affect project objectives in a positive or negative
way. ✔Correct Answer-Risk
a number between 1 and 10 chosen to evaluate the probability and impact of a risk. ✔Correct
Answer-Risk Rating
multiply of probability by impact, gives numerical value of each risk. ✔Correct Answer-Risk Score
sum of individual risk scores. ✔Correct Answer-Project risk score
, Individuals risks comparison within a project. ✔Correct Answer-Risk ranking within a project
Risk score of project compared to risk score of other projects. ✔Correct Answer-Risk ranking
compared to other projects
risks which arise later on in a project and which was not identified earlier. ✔Correct Answer-
Emergent risk
the process of determining which risks may affect project objectives. ✔Correct Answer-Identify
Risks
A meeting to examine and document the effectiveness of risk responses in dealing with overall
project risk and with identified individual project risks.. ✔Correct Answer-Risk Review
A type of audit used to consider the effectiveness of the risk management process. ✔Correct
Answer-Risk Audit
Indications that an identified risk is about to occur. ✔Correct Answer-Risk Trigger
a problem which have a negative effect on a project objective arising from occurrence of a threat.
✔Correct Answer-Issue
Likelihood or a measure of how likely an individual risk is to occur. ✔Correct Answer-Probability
Technique that computes the project cost or schedule many times using input value selected
randomly to calculate the possible total project cost and completion dates. ✔Correct Answer-
Monte Carlo analysis
something toward a project is directed, purpose to be achieved or a result to be obtained.
✔Correct Answer-Objective
Positive set of events or a risk that if occurred will have a positive impact on project objectives.
✔Correct Answer-Opportunity
Represents the effect of uncertainty on the project as a whole, it is the sum of individual risks and it
represents the exposure of Stakeholders to the variations in project outcome. ✔Correct Answer-
Overall Project Risk
high level approach to address an individual risk broken into set of risk actions. ✔Correct Answer-
Response strategy
Detailed task which implements in whole or in part a response strategy in order to address an
individual risk. ✔Correct Answer-Risk Action
Person responsible to ensure appropriate risk strategy is selected and implemented, and for
determining suitable risk actions. ✔Correct Answer-Risk Owner
Person responsible of carrying out the approved risk actions for responding to given risk, known also
as ?Response owner? ✔Correct Answer-Risk Action Owner
Answers| Actual Complete Exam |Already Graded A+
(Just Released)
Information from before the project was approved, articles written about similar projects and other
such information. ✔Correct Answer-Project background Information
Factors that are considered to be true without any proof for planning purposes only, they are part of
progressive elaboration as they should be reassessed during project life cycle, they contain a degree
of risk. ✔Correct Answer-Assumptions
Positive effect on project opportunity arising from occurrence of an opportunity. ✔Correct Answer-
Benefit
in some cases the source of information exhibits a preference that inhibits a partial prejudgment,
they are cognitive and motivational bias. ✔Correct Answer-Bias
Events which might give rise into risks. ✔Correct Answer-Cause
Measure of the effect of a risk on one or more objectives if it occurs. ✔Correct Answer-Impact
Things which limits team options, an applicable restriction or limitation, either internal or external.
✔Correct Answer-Constraint
Amount of funds, budget or time needed above the estimate to reduce the risk of overruns of
project objectives. ✔Correct Answer-Contingency Reserve
Plan developed in anticipation of occurrence of risk, to be executed if predetermined risk occurs.
✔Correct Answer-Contingency Plan
Diagram which describes a decision under consideration of choosing one or another alternative,
used when future scenarios are uncertain. ✔Correct Answer-Decision Tree analysis
Department that supplies policies and assistance with risk management efforts. ✔Correct Answer-
Risk management Department
Future event which would directly affect one or more of the project objectives. ✔Correct Answer-
Effect
Uncertain event or condition that if occurred will affect project objectives in a positive or negative
way. ✔Correct Answer-Risk
a number between 1 and 10 chosen to evaluate the probability and impact of a risk. ✔Correct
Answer-Risk Rating
multiply of probability by impact, gives numerical value of each risk. ✔Correct Answer-Risk Score
sum of individual risk scores. ✔Correct Answer-Project risk score
, Individuals risks comparison within a project. ✔Correct Answer-Risk ranking within a project
Risk score of project compared to risk score of other projects. ✔Correct Answer-Risk ranking
compared to other projects
risks which arise later on in a project and which was not identified earlier. ✔Correct Answer-
Emergent risk
the process of determining which risks may affect project objectives. ✔Correct Answer-Identify
Risks
A meeting to examine and document the effectiveness of risk responses in dealing with overall
project risk and with identified individual project risks.. ✔Correct Answer-Risk Review
A type of audit used to consider the effectiveness of the risk management process. ✔Correct
Answer-Risk Audit
Indications that an identified risk is about to occur. ✔Correct Answer-Risk Trigger
a problem which have a negative effect on a project objective arising from occurrence of a threat.
✔Correct Answer-Issue
Likelihood or a measure of how likely an individual risk is to occur. ✔Correct Answer-Probability
Technique that computes the project cost or schedule many times using input value selected
randomly to calculate the possible total project cost and completion dates. ✔Correct Answer-
Monte Carlo analysis
something toward a project is directed, purpose to be achieved or a result to be obtained.
✔Correct Answer-Objective
Positive set of events or a risk that if occurred will have a positive impact on project objectives.
✔Correct Answer-Opportunity
Represents the effect of uncertainty on the project as a whole, it is the sum of individual risks and it
represents the exposure of Stakeholders to the variations in project outcome. ✔Correct Answer-
Overall Project Risk
high level approach to address an individual risk broken into set of risk actions. ✔Correct Answer-
Response strategy
Detailed task which implements in whole or in part a response strategy in order to address an
individual risk. ✔Correct Answer-Risk Action
Person responsible to ensure appropriate risk strategy is selected and implemented, and for
determining suitable risk actions. ✔Correct Answer-Risk Owner
Person responsible of carrying out the approved risk actions for responding to given risk, known also
as ?Response owner? ✔Correct Answer-Risk Action Owner
