A. Client
B. Investor
C. Production team
D. Project manager
Explanation: 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.
Related Mcqs:
- 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 - Which of the following is not considered as a risk in project management ?
A. Specification delays
B. Product competition
C. Testing
D. Staff turnover - Which one is not a risk management activity ?
A. Risk assessment
B. Risk generation
C. Risk control
D. None of the mentioned - A 66.6% risk is considered as__________________?
A. very low
B. low
C. moderate
D. high - What all has to be identified as per risk identification ?
A. Threats
B. Vulnerabilities
C. Consequences
D. All of the mentioned - 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 - 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 - 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 - 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 - What evaluates the risk associated with the technology to be implemented as part of project scope ?
A. Concept scoping
B. Preliminary concept planning
C. Technology risk assessment
D. Customer reaction to the concept
