
Quiz #1 - Risk Management Quiz
Authored by Jerome undefined
Computers
University
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT part of effective risk strategy?
Risk avoidance
Risk development
Risk monitoring
Risk management
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main goal of risk mitigation?
To eliminate all risks
To increase project timeline
To reduce the impact or likelihood of a risk
To document team members
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What should project management do in case of high staff turnover?
Ignore the risk
Hire more managers
Develop a mitigation strategy
Change the project goals
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following can be part of a mitigation plan?
Avoid documentation
Eliminate backup
Reduce team communication
Disperse knowledge across the team
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of risk monitoring?
To prevent software updates
To ensure risk responses are implemented
To change project requirements
To write test cases
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does RMMM stand for?
Risk Maintenance and Monitoring Methods
Risk Management and Monitoring Model
Risk Mitigation and Monitoring Management
Risk Manual and Mitigation Model
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens when mitigation fails?
Project is canceled
The risk is ignored
The management strategy is activated
Developers are reassigned
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