Risk Analysis and Management Questions

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11.

What is risk?

A

Negative consequence that could occur

B

Negative consequence that will occur

C

Negative consequence that must occur

D

Negative consequence that shall occur

Correct Answer: A

Negative consequence that could occur

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12.

 What is associated with the Product Risk?

A

Control of test item

B

Negative consequences

C

non-availability of test environment

D

Test object

Correct Answer: D

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13.

Choose the correct option according to the given statements regarding Risk Management.

Statement 1: A risk is a potential problem - it might happen, it might not.
Statement 2: Managers, software engineers, and customers participate in Risk Analysis and Management.
Statement 3: Only Managers participate in Risk Analysis and Management.

A

Statement 1 and 2 are correct

B

Only statement 1 is correct

C

Only statement 3 is correct

D

Statement 1 and 3 are correct

Correct Answer: A

No explanation is available for this question!

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14.

 What is Risk?

A

Negative consequence that could occur

B

Negative consequence that will occur

C

Negative consequence that must occur

D

Negative consequence that shall occur

Correct Answer: A

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15.

Risk management is one of the most important jobs for a

A

Client

B

Investor

C

Production team

D

Project manager

Correct Answer: D

Risk management involves anticipating risks that might affect the project schedule or the quality of the software being developed, and then taking action to avoid these risks.

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16.

Which of the following risk is the failure of a purchased component to perform as expected ?

A

Product risk

B

Project risk

C

Business risk

D

Programming risk

Correct Answer: A

Risks that affect the quality or performance of the software being developed.

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17.

Which of the following term is best defined by the statement:

A

Staff turnover

B

Technology change

C

Management change

D

Product competition

Correct Answer: C

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18.

Which of the following term is best defined by the statement:

A

Technology change

B

Product competition

C

Requirements change

D

None of the mentioned

Correct Answer: A

Technology changes are common in the competitive environment of software engineering.

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19.

What assess the risk and your plans for risk mitigation and revise these when you learn more about the risk ?

A

Risk monitoring

B

Risk planning

C

Risk analysis

D

Risk identification

Correct Answer: A

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20.

Which of the following risks are derived from the organizational environment where the software is being developed?

A

People risks

B

Technology risks

C

Estimation risks

D

Organizational risks

Correct Answer: D

These risks are at management level.

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