PMI-RMP Events Practice Questions

Don is the project manager of the PFO project for his organization. Don is working with the project team members and two subject matter experts to assess the identified risk events in the project. Which of the following approaches is the best to assess the risk events in the project?

• AA. Determination of the true cost of the risk event
• BB. Probability and Impact Matrix
• CC. Root cause analysis
• DD. Interviews or meetings

Jeff, a key stakeholder in your project, wants to know how the risk exposure for the risk events is calculated during quantitative risk analysis. He is worried about the risk exposure which is too low for the events surrounding his project requirements. How is the risk exposure calculated?

• AA. The risk exposure of a risk event is determined by historical information.
• BB. The probability of a risk event times the impact of a risk event determines the true risk exposure.
• CC. The probability of a risk event plus the impact of a risk event determines the true risk exposure.
• DD. The probability and impact of a risk event are gauged based on research and in-depth analysis.