PMI Risk Management Professional - PMI-RMP Exam Questions

QUESTION NO: 1
A project is in progress when the product team requests a change to the scope. The team indicates that this is a minimal change and should not create any problems.
What should the risk manager do next?

QUESTION NO: 2
A financial service firm adheres to heavily regulated compliance legislation. During the firm ' s latest project, the Chief Financial Officer (CFO) and the Chief Information Officer (CIO) endorsed a risk-based approach.
This approach ensured compliance with the legislative requirements for properly storing confidential employee salary information. The risk manager recorded this information in the project ' s risk management plan.
What is the organization ' s risk maturity level?

QUESTION NO: 3
A risk manager is collaborating with project stakeholders and the project team to identify risks in a construction project. The risk manager intends to use an approach that engages stakeholders based on information, such as scope baseline and project estimates, while also determining risk impacts based on this approach.
Which risk identification approach should the risk manager use to achieve this goal?

QUESTION NO: 4
A company manages confidential customer information, and a data breach exposing sensitive information was discovered. What should the risk manager do?

QUESTION NO: 5
A new project to develop a custom software solution for a high-profile client is being initiated. The project sponsor emphasizes the importance of delivering the solution on time and within budget, as this project could lead to significant future opportunities. The risk manager recognizes that the team lacks a standardized approach to managing risks and that some team members are unfamiliar with risk management practices.
What should the risk manager do?

QUESTION NO: 6
The risk manager notices that in their workshops, most of the risks identified are threats. What should the risk manager do to increase the number of opportunities identified?

QUESTION NO: 7
A financial institution is creating a new product database tor their clients. The project sponsor of this project is concerned about failure of the digital platform that hosts the database. The risk manager states that this risk will only occur if there is a major power outage; however, the financial institution has back-up power generators in place.
What type of risk is being referred to here?

QUESTION NO: 8
In a critical system-upgrade project, a key supplier notifies the team of a potential delay in delivering an essential component. The delay could severely affect the project timeline and budget. The risk manager convenes a meeting with the project team and relevant stakeholders to identify possible responses.
What should the risk manager prioritize?