Que- Which one is not a risk management activity?
a. Risk assessment
b. Risk generation
c. Risk control
d. None of the mentioned
Answer- Risk generation
Que- What is the product of the probability of incurring a loss due to the risk and the potential magnitude of that loss?
a. Risk exposure
b. Risk prioritization
c. Risk analysis
d. All of the mentioned
Answer- Risk exposure
Que- What threatens the quality and timeliness of the software to be produced?
a. Known risks
b. Business risks
c. Project risks
d. Technical risks
Answer- Technical risks
Que- What threatens the viability of the software to be built?
a. Known risks
b. Business risks
c. Project risks
d. Technical risks
Answer- Business risks
Que- Which of the following is not a business risk?
a. building an excellent product or system that no one really wants
b. losing the support of senior management due to a change in focus or change in people
c. lack of documented requirements or software scope
d. losing budgetary or personnel commitment
Answer- lack of documented requirements or software scope
Que- Which of the following is a systematic attempt to specify threats to the project plan?
a. Risk identification
b. Performance risk
c. Support risk
d. Risk projection
Answer- Risk projection
Que- Which risks are associated with the overall size of the software to be built or modified?
a. Business impact risks
b. Process definition risks
c. Product size risks
d. Development environment risks
Answer- Product size risks
Que- Which risks are associated with constraints imposed by management or the marketplace?
a. Business impact risks
b. Process definition risks
c. Product size risks
d. Development environment risks
Answer- Business impact risks
Que- Which of the following term is best defined by the statement: "the degree of uncertainty that the product will meet its requirements and be fit for its intended use."?
a. Performance risk
b. Cost risk
c. Support risk
d. Schedule risk
Answer- Performance risk
Que- Risk management is one of the most important jobs for a
a. Client
b. Investor
c. Production team
d. Project manager
Answer- Project manager
Que- 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
Answer- Product risk
Que- Which of the following term is best defined by the statement: "There will be a change of organizational management with different priorities."?
a. Staff turnover
b. Technology change
c. Management change
d. Product competition
Answer- Management change
Que- Which of the following term is best defined by the statement: "The underlying technology on which the system is built is superseded by new technology."?
a. Technology change
b. Product competition
c. Requirements change
d. None of the mentioned
Answer- Technology change
Que- 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
Answer- Risk monitoring
Que- 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
Answer- Organizational risks
Que- Which of the following risks are derived from the software or hardware technologies that are used to develop the system?
a. Managerial risks
b. Technology risks
c. Estimation risks
d. Organizational risks
Answer- Technology risks
Que- Which of the following term is best defined by the statement: "Derive traceability information to maximize information hiding in the design."?
a. Underestimated development time
b. Organizational restructuring
c. Requirements changes
d. None of the mentioned
Answer- Requirements changes
Que- Which of the following strategies means that the impact of the risk will be reduced?
a. Avoidance strategies
b. Minimization strategies
c. Contingency plans
d. All of the mentioned
Answer- Minimization strategies
Que- Risk management is now recognized as one of the most important project management tasks.
a. TRUE
b. FALSE
c. Nothing Can be Said
d. None of the mentioned
Answer- TRUE
Que- Why is decomposition technique required?
a. Software project estimation is a form of problem solving
b. Developing a cost and effort estimate for a software project is too complex
c. All of the mentioned
d. None of the mentioned
Answer- All of the mentioned