Free PMP Exam Sample Question of the Week

Here is our free PMP exam sample question for this week.

Stop by at http://free.pm-exam-simulator.com/ and try the PM Exam Simulator free for 7 days. We are a trusted and experienced education provider.

1. PMP EXAM
SAMPLE Q & A

2. You are developing the risk management plan for your project. In support of this process, you need
to determine the acceptable level of overall project risk exposure.

What should you do first?
A. Determine the risk appetites of key project stakeholders
B. Consult the risk exposure register within the organizational process assets
C. Facilitate a brainstorming meeting to develop a comprehensive list of project risks
D. Develop a set of responses to individual project risks to mitigate overall project risk
HINT: Which answer choice describes an activity associated with an element of the risk management
plan?
Question

3. The correct answer is A.
The risk management plan is created as an output of the Plan Risk Management process.
Stakeholder risk appetite is one of the elements which may be included in the risk management
plan. The risk appetites of key stakeholders on the project are recorded in the risk management
plan.
In particular, stakeholder risk appetite should be expressed as measurable risk thresholds around
each project objective. These thresholds will determine the acceptable level of overall project risk
exposure. The incorrect answer choices represent activities which would not likely be conducted as
part of the Plan Risk Management process.
Therefore, among the available options, determining the risk appetites of key stakeholders is the
best answer to the question asked.
Answer

4. All our questions are updated to the latest 
A Guide to the Project Management Body of Knowledge
(PMBOK® Guide) standard.
Stop by at free.pm-exam-simulator.com/ and try the
PM Exam Simulator free for 7 days.
We are a trusted and experienced education provider.