Free PMI-RMP Practice Questions & Answers 2026 Part1

Question #1

Which of the following could be included in risk monitoring and controlling techniques?A. Status review meetings, trend analysis, earned value analysis, McGregor's analysis, defect repair, inspection

B. Status review meetings, variance analysis, trend analysis, earned value analysis, inspection, control charts

C. Status review meetings, control charts, Inspection, defect repair, Maslow's analysis, trend analysis

D. Variance analysis, trend analysis, earned value analysis, Maslow's analysis, control charts, brainstorming

View answer

Correct Answer: B

Question #2

During project execution, the project team realizes that the power outlet for imported equipment is not compatible with the current customer's electrical infrastructure. This event was not originally identified as a risk. To maintain the project schedule, the project manager decides to purchase a new power adapter.What type of response best describes this course of action?A. Contingency plan

B. Management plan

C. Fall-back plan

D. Workaround

View answer

Correct Answer: D

Question #3

A risk has been identified in a multi-functional project. The project manager decides to take no action.What type of response is this considered?A. Avoidance

B. Exploitation

C. Procrastination

D. Acceptance

View answer

Correct Answer: D

Question #4

When considering human factors and risk attitudes relative to the risk process, which approach should be used to influence the risk management process for optimal effects at the individual and group levels?A. Agile

B. Reactive

C. Ongoing

D. Proactive

View answer

Correct Answer: D

Question #5

When does the Identify Risks process take place in a project?A. At the Planning stage

B. Throughout the project life-cycle

C. At the Initiating stage

D. At the Executing stage

View answer

Correct Answer: B

Question #6

During which of the following processes, probability and impact matrix is prepared?A. Plan Risk Responses

B. Monitoring and Control Risks

C. Perform Qualitative Risk Analysis

D. Perform Quantitative Risk Analysis

View answer

Correct Answer: C

Question #7

In the country where a project is being executed, customs procedures are complex and change frequently. During the risk identification process, the project teamidentifies a risk related to delays in customs on substantial equipment that will likely occur. Equipment delays on this project could lead to the project cancellation.How should the probability and impact be characterized for this risk?A. Low probability/low impact

B. High probability/low impact

C. Low probability/high impact

D. High probability high impact

View answer

Correct Answer: D

Question #8

The company board is concerned about potential legal action from a high-risk project What technique can be used to justify risk response decisions taken on this project?A. Interviews

B. Nominal group technique

C. Brainstorming

D. Decision tree analysis

View answer

Correct Answer: D

Question #9

Which of the following should the risk manager consider as external environmental factors when creating the risk management plan?A. Government regulations, industry best practice templates, organizational standard processes, and competitor landscape

B. Government regulations, industry standards, conditions of the marketplace, and competitor landscape

C. Government regulations, risk categories, organizational standard processes, and competitor landscape

D. Government regulations, human resource policies and procedures, organizational standard processes, and competitor landscape

View answer

Correct Answer: B

Question #10

A risk manager creates a survey for project stakeholders to obtain their opinions on high levels of risk. Key questions in the survey address acceptable levels of cost increases and schedule delays.What is the risk manager trying to determine?A. Risk urgency

B. Risk exposure

C. Risk threshold

D. Risk attitude

View answer

Correct Answer: C

Question #11

What are the critical success factors for the Plan Risk Management process?A. Mitigate all risks, engage stakeholders, and follow organizational policies.

B. Identify and address barriers, engage stakeholders, and follow organizational policies

C. Contingency reserves engage stakeholders and follow organizational policies

D. Identify and address barriers, engage stakeholders, and follow government regulations

View answer

Correct Answer: B

Question #12

A risk manager has been assigned to a project constructing a chemical laboratory. Unfamiliar with chemical laboratories, the risk manager is unsure of where to start objectively identifying risks. What should the risk manager do?A. AImport a risk register from other industry chemical laboratories.

B. BDefine chemical laboratory safety risk thresholds

C. CReview published operational experience reports

D. DDraft threat and opportunity risks that come to mind

View answer

Correct Answer: C

Question #13

What are common examples used to communicate risk probability and impact?A. Risk checklist, risk assessment, regression analysis, and assumption and constraint analysis

B. Monitor Risks process, multi-dimensional risk assessment, control chart, and Monte Carlo simulation

C. Probability distributions, sensitivity analysis, modeling and simulation, and probability and impact matrix

D. Monitor Risks process, assumption and constraint analysis, modeling and simulation, and risk register

View answer

Correct Answer: C

Question #14

When using the risk register to manage the cost risk analysis, which of the following models the way correlation arises, and avoids the need to estimate thecorrelation coefficients?A. Risk Monte Carlo analysis

B. Risk driver method

C. Risk scatter diagram

D. Risk RACI matrix

View answer

Correct Answer: B

Question #15

Project stakeholders identify, analyze, and plan the risk responses for a project. However, the contingency reserves are depleted before the project is completed.What recommendation could be implemented to prevent this from recurring?A. Use the Monte Carlo simulation.

B. Implement a reserve analysis process

C. Conduct more frequent reserve watch list status meetings

D. Increase the contingency reserve

View answer

Correct Answer: B

Question #16

Which of the following could be included in risk monitoring and controlling techniques?A. Status review meetings, trend analysis, earned value analysis, McGregor's analysis, defect repair, inspection

B. Status review meetings, variance analysis, trend analysis, earned value analysis, inspection, control charts

C. Status review meetings, control charts, Inspection, defect repair, Maslow's analysis, trend analysis

D. Variance analysis, trend analysis, earned value analysis, Maslow's analysis, control charts, brainstorming

View answer

Correct Answer: B

Question #17

The risk management process can be defined as which of the following?A. Iterative through the planning phase

B. Baselined at the beginning of execution

C. Iterative throughout the entire project

D. Updated in the execution phase

View answer

Correct Answer: C

Question #18

Which of the following could be included in risk monitoring and controlling techniques?A. Status review meetings, trend analysis, earned value analysis, McGregor's analysis, defect repair, inspection

B. Status review meetings, variance analysis, trend analysis, earned value analysis, inspection, control charts

C. Status review meetings, control charts, Inspection, defect repair, Maslow's analysis, trend analysis

D. Variance analysis, trend analysis, earned value analysis, Maslow's analysis, control charts, brainstorming

View answer

Correct Answer: B

Question #19

What are common examples used to communicate risk probability and impact?A. Risk checklist, risk assessment, regression analysis, and assumption and constraint analysis

B. Monitor Risks process, multi-dimensional risk assessment, control chart, and Monte Carlo simulation

C. Probability distributions, sensitivity analysis, modeling and simulation, and probability and impact matrix

D. Monitor Risks process, assumption and constraint analysis, modeling and simulation, and risk register

View answer

Correct Answer: C

Question #20

What are the critical success factors for the Plan Risk Management process?A. Mitigate all risks, engage stakeholders, and follow organizational policies.

B. Identify and address barriers, engage stakeholders, and follow organizational policies

C. Contingency reserves engage stakeholders and follow organizational policies

D. Identify and address barriers, engage stakeholders, and follow government regulations

View answer

Correct Answer: B

Question #21

During project execution, the project team realizes that the power outlet for imported equipment is not compatible with the current customer's electrical infrastructure. This event was not originally identified as a risk. To maintain the project schedule, the project manager decides to purchase a new power adapter.What type of response best describes this course of action?A. Contingency plan

B. Management plan

C. Fall-back plan

D. Workaround

View answer

Correct Answer: D

Question #22

Which of the following could be included in risk monitoring and controlling techniques?A. Status review meetings, trend analysis, earned value analysis, McGregor's analysis, defect repair, inspection

B. Status review meetings, variance analysis, trend analysis, earned value analysis, inspection, control charts

C. Status review meetings, control charts, Inspection, defect repair, Maslow's analysis, trend analysis

D. Variance analysis, trend analysis, earned value analysis, Maslow's analysis, control charts, brainstorming

View answer

Correct Answer: B

Question #23

The project risk manager for an environmental preservation project has started the process of monitoring and controlling risks, The project manager has asked the project team to document the results of this process. How should this documentation be utilized in the future?A. ATo return the remaining amount of the contingency reserve

B. BTo ensure information is recorded for lessons learned

C. CTo comply with the rules and regulations

D. DTo hold those who created the risk accountable

View answer

Correct Answer: B

Question #24

In what way can the risk manager determine when poor risk planning techniques are influencing the scope, schedule, quality, and/or budget of the project?A. Evaluate the results of the Monte Carlo analysis

B. Document and periodically update project risk information

C. Monitor project metrics and performance information

D. Update the risk management plan

View answer

Correct Answer: C

Question #25

Jenny is the project manager of the NHJ Project for her company. She has identified several positive risk events within the project and she thinks these events can save the project time and money. You, a new team member wants to know that how many risk responses are available for a positive risk event. What will Jenny reply to you?A. Four

B. Three

C. Seven

D. Acceptance is the only risk response for positive risk events

View answer

Correct Answer: A

Question #26

A company has a project whose objective is to extract gold reserves from Field 1. However, another field closest to the company. Field 2, which has a higher probability of having twice as much gold reserves than Field 1. The risk manager requests the board of Directors to include Field 2 under the scope of the current project by management of change because the project ' s profitability will increase by 80%.What type of request is the risk manager describing?A.A challenge to the project investment

B. challenge to stakeholder thresholds

C. request to increase project resources

D. request to increase project earnings

View answer

Correct Answer: D

Question #27

While preparing for a project review meeting with leadership, the project team analyzes and checks its scope activities and discovers missing requirements. The project risk manager decides to hire a subcontractor to fulfill these newly discovered requirements.What risk strategy did the project risk manager use?A. Avoid

B. Transfer

C. Accept

D. Mitigate

View answer

Correct Answer: B

Question #28

After starting a new pipeline project, a risk manager schedules an initial meeting with the project sponsor. For the meeting, the project sponsor requests a presentation of the risks that have the most impact on achieving the project objectives.What should the risk manager do to facilitate the sponsor's ask?A. Monte Carlo analysis

B. Qualitative risk analysis

C. Sensitivity analysis

D. Quantitative risk analysis

View answer

Correct Answer: C

Question #29

Which of the following characteristics would a risk tolerant person or group demonstrate?A. Adaptable and resourceful; not afraid to take action; thrill seeking

B. Discomfort with uncertainty; low tolerance for ambiguity; seeks security and resolution in the face of risk

C. Risk taking is a price worth paying for future payoffs; seeks strategies and tactics that have high future payoffs; thinks abstractly and creatively envisioning possibilities, and not afraid of change or unknowns

D. Reasonable comfort with most uncertainty; accepts risk as a normal feature of projects and business, and takes uncertainty in stride with no apparent or significant influence on their behavior

View answer

Correct Answer: D

Question #30

After applying several risk identification techniques, the risk manager is ready to document project risks in the risk register, including risk name, risk statement, probability of occurring, and potential impact. After this information is complete, who is best suited to serve as risk owners?A. Risk manager

B. Project sponsors

C. Project manager

D. Project team members

View answer

Correct Answer: D

Question #31

A risk has been identified in a multi-functional project. The project manager decides to take no action.What type of response is this considered?A. Avoidance

B. Exploitation

C. Procrastination

D. Acceptance

View answer

Correct Answer: D

Question #32

A risk manager has a well-structured risk management process in place for a complex project with a tight schedule. Despite implementing preventive actions, one of the risks identified in the early stages of the project has still occurred and is now an issue.What should the risk manager do next?A. Meet with the project team to brainstorm potential solutions to the problem.

B. Implement the risk response plan to remedy the problem as soon as possible

C. Initiate discussions with the project manager to decide how to manage the problem

D. Escalate the problem to the project sponsor to agree on the best course of action

View answer

Correct Answer: B

Question #33

Three months into a program, multiple workstreams are showing issues. At this point, the program manager requires that a risk impact assessment be conducted.What will help calculate the impact?A.Risk evaluation

B. isk analysis

C. isk treatment

D. isk identification

View answer

Correct Answer: B

Question #34

After a risk review meeting, three key risks are identified as likely to be realized. The project manager requests a risk scenario be calculated to establish the impact on the budget.What is the forecasting methodology that should be utilized to calculate the impact?A. Estimate to complete (ETC)

B. Budget at completion (BAC)

C. Estimate risk completion (ERC)

D. Estimate at completion (EAC)

View answer

Correct Answer: D

Question #35

A mega facility development project is evaluating some options to achieve the project schedule andbudget. Each option's success is driven by multiple quantifiable factors.What should the project manager do to evaluate and select the best option based on costs andprobabilities?A.Perform a FMECA fault tree analysis

B. onduct a sensitivity analysis

C. erform a decision tree analysis

D. onduct an analytic hierarchy process

View answer

Correct Answer: C

Question #36

A project team does not understand why a very low probability risk occurred during project execution. The team was especially vigilant about planning for this type of risk during the risk planning phase. The project has been delayed by 2 months, and the stakeholders are considering canceling the project. The risk manager needs to demonstrate that the project can be concluded.Which analysis should the risk manager perform to demonstrate this to the stakeholders'?A. Monte Carlo analysis

B. Pareto analysis

C. Ishikawa analysis

D. Qualitative risk analysis

View answer

Correct Answer: A

Question #37

In a large enablement project with strict time lines, risks need to be closely monitored. The risk manager publishes reports comparing planned enablement sessions with actual enablement sessions, which help identify potential risks to be addressed.Which technique is the risk manager using?A.Variance analysis

B. ensitivity analysis

C. eserve analysis

D. esidual impact analysis

View answer

Correct Answer: A

Question #38

Which of the following could be included in risk monitoring and controlling techniques?A. Status review meetings, trend analysis, earned value analysis, McGregor's analysis, defect repair, inspection

B. Status review meetings, variance analysis, trend analysis, earned value analysis, inspection, control charts

C. Status review meetings, control charts, Inspection, defect repair, Maslow's analysis, trend analysis

D. Variance analysis, trend analysis, earned value analysis, Maslow's analysis, control charts, brainstorming

View answer

Correct Answer: B

Question #39

You work as the project manager for Bluewell Inc. Your project has several risks that will affect several stakeholder requirements. Which project management plan will define who will be available to share information on the project risks?A. Risk Management Plan

B. Stakeholder management strategy

C. Resource Management Plan

D. Communications Management Plan

View answer

Correct Answer: D

Question #40

Which analysis method has a lower standard deviation?A. European Hypercube

B. Monte Carlo simulation

C. Hecht analysis

D. Latin Hypercube

View answer

Correct Answer: D

Question #41

A CEO wants to reduce costs in the time spent for risk management activities.What step did the risk manager fail to perform?A. Assigning the CEO as a risk owner

B. Preventing all issues from occurring

C. Properly communicating the risk management activities and their outcomes

D. Explaining the purpose of the management reserve

View answer

Correct Answer: B

Question #42

A new resource is added to the project team from a matrix organization. How should the project's risk manager familiarize the new team member with the project's risk management process?A.The functional manager is responsible for providing the training.

B. rovide project specific risk training and mentor through the risk process

C. end the new team member the risk management plan to read

D. rovide the new team member with a copy of the risk register and latest status report

View answer

Correct Answer: B

Question #43

A risk is identified and documented by the risk manager, but it is unclear how this risk can be proactively managed. In this situation, what type of reserve should be allocated for the risk?A. Contingency

B. Management

C. Budget

D. Residual

View answer

Correct Answer: A

Question #44

The project manager schedules a third workshop to facilitate the qualitative risk analysis. One team member complains that they should not have iterative meetings, but rather, should complete this at the beginning of the project.Which of the following should the project manager do?A. Continue with the workshop, but discipline the team member for undermining the authority of the project manager.

B. Agree with the team member, as qualitative analysis should only be performed during the initial stages of a project

C. Proceed with the meeting, but remove the team member from the invitees' list

D. Explain that it is good practice to perform qualitative analysis throughout the life of the project

View answer

Correct Answer: D

Question #45

A project manager has determined that they cannot outsource work nor eliminate the scope. They also discover that they cannot buy insurance or mitigate the risk.What should the project manager do?A.Ignore the risk

B. ransfer the risk

C. ccept the risk

D. void the risk

View answer

Correct Answer: C

Question #46

How can the project manager rank competing stakeholder priorities for all the identified risks?A. Perform qualitative and quantitative risk analysis.

B. Engage the project sponsor to decide

C. Refer to stakeholder analysis prioritization tree

D. Perform a review of organizational process assets

View answer

Correct Answer: A

Question #47

During qualitative risk analysis you want to define the risk urgency assessment. All of the following are indicators of risk priority except for which one?A. Cost of the project

B. Risk rating

C. Warning signs

D. Symptoms

View answer

Correct Answer: A

Question #48

A risk manager schedules a project overview meeting with the project sponsor to provide an update on risk management progress.Each functional lead is identifying the most critical information to be presented at an executive level. The information must balance communicating essential information with actions and recommendations.What risk information should be communicated to the project sponsor?A. Significant risks and issues and their planned responses

B. Risk matrix showing the distribution of high, medium, and low risks

C. Results of the last project risk brainstorming session

D. Summary feedback from the previous risk audit

View answer

Correct Answer: A

Question #49

During project development, a risk manager notices that a major update in the country ' s regulations might be happening in the upcoming months. These changes will affect the materials used in building some of the components of the final product. The project team is unsure if this risk will affect the project negatively or positively.Which tool should the project team use to determine this?A.Sensitivity analysis

B. hreshold analysis

C. trengths, weaknesses, opportunities, and threats (SWOT) analysis

D. eserve analysis

View answer

Correct Answer: A

Question #50

During project execution, the project team realizes that the power outlet for imported equipment is not compatible with the current customer's electrical infrastructure. This event was not originally identified as a risk. To maintain the project schedule, the project manager decides to purchase a new power adapter.What type of response best describes this course of action?A. Contingency plan

B. Management plan

C. Fall-back plan

D. Workaround

View answer

Correct Answer: D

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Free PMI-RMP Practice Questions & Answers 2026 Part1

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