Check your knowledge about Software Risk Management

At the beginning of any project, it is recommended to think about potential risks and analyse them in order to decide...

• preventive actions

• corrective actions

• reactive actions

• nothing, because it's better to start as soon as possible

During the risk identification phase, we will look for...

• risks or problems when they might happen

• unspecific risks, although their occurrence is not justified

• specific risks, which specifically concern our project

• unspecific risks, which are a potential threat for our project

During the risk estimation phase, we will estimate for each identified risk...

• nature

• likelihood of occurrence

• impact factor or consequences

• duration

During the risk assessment phase, we will determine for each identified risk...

• a priority to create a ranked list of risks

• a riskiness value to decide if we cancel this part of the project

• its breaking point which indicates the cancellation of the project

• its breaking point which indicates to revise and follow up the project

During the risk management phase, we will define contigency plans for each risk. These plans are composed of...

• corrective actions to avoid the risk occurs

• revision actions to inform us the project progress

• mitigating actions to reduce the impact if the risk occurs

• preventive actions to avoid the risk occurs

All the above mentioned, it is described in the Risk Management and Monitoring Plan, which must be updated

• True

• False

Use case

"All the senior programmers in Python leave the company."

What's this?

• Cause of potential risk

• Corrective action

• Preventive Action

• Risk

Use case

"Considering the previous question, since the project requires high skills in Python, it might happen to not have enough resources."

What type of risk?

• Technical risk

• Budget risk

• Business risk

• Personnel management risk

Use case

"After leaving the company the senior programmers, an external consulting expert in Python is subcontracted."

What's this?

• Cause of potential risk

• Corrective action

• Preventive action

• Risk

Use case

"All available programmers are taught in Python before starting the project."

What's this?

• Cause of potential risk

• Corrective action

• Preventive action

• Risk