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| 1 | |
Proactive risk management is sometimes described as fire fighting. |
| | A) | True |
| | B) | False |
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| 2 | |
Software risk always involves two characteristics |
| | A) | fire fighting and crisis management |
| | B) | known and unknown risks |
| | C) | uncertainty and loss |
| | D) | staffing and budget |
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| 3 | |
Three major categories of risks are |
| | A) | business risks, personnel risks, budget risks |
| | B) | project risks, technical risks, business risks |
| | C) | planning risks, technical risks, personnel risks |
| | D) | management risks, technical risks, design risks |
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| 4 | |
Generic risks require far more attention than product-specific risks. |
| | A) | True |
| | B) | False |
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| 5 | |
A risk item checklist would contain known and predictable risks from which of these categories? |
| | A) | product size |
| | B) | development environment |
| | C) | staff size |
| | D) | process definition |
| | E) | all of the above |
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| 6 | |
Questions that should be asked to assess the overall project risk include: |
| | A) | Have top managers formally committed to support the project? |
| | B) | Are end-users committed to the project and proposed system being built? |
| | C) | Are requirements fully understood by development team and customers? |
| | D) | Does the proposed budget have time allocated for marketing? |
| | E) | a, b and c |
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| 7 | |
Software risk impact assessment should focus on consequences affecting |
| | A) | planning, resources, cost, schedule |
| | B) | marketability, cost, personnel |
| | C) | business, technology, process |
| | D) | performance, support, cost, schedule |
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| 8 | |
Risk projection attempts to rate each risk in two ways |
| | A) | likelihood and size |
| | B) | likelihood and probability |
| | C) | likelihood and impact |
| | D) | likelihood and mitigation |
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| 9 | |
Risk tables are sorted by |
| | A) | probability and cost |
| | B) | probability and impact |
| | C) | probability and size |
| | D) | probability and exposure |
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| 10 | |
Individual team members can make their own estimate for a risk probability and then develop a consensus value. |
| | A) | True |
| | B) | False |
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| 11 | |
Which factors affect the probable consequences likely if a risk does occur? |
| | A) | risk cost |
| | B) | risk timing |
| | C) | risk scope |
| | D) | risk resources |
| | E) | both b and c |
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| 12 | |
A risk referent level is a risk component value (performance, cost, support, schedule) or combination of values that cause a project to be terminated. |
| | A) | True |
| | B) | False |
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| 13 | |
The reason for refining risks is to break them into smaller units having different consequences. |
| | A) | True |
| | B) | False |
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| 14 | |
An effective risk management plan will need to address which of the following issues? |
| | A) | risk avoidance |
| | B) | risk monitoring |
| | C) | contingency planning |
| | D) | all of the above |
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| 15 | |
Risk monitoring involves watching the risk indicators defined for the project and not determining the effectiveness of the risk mitigation steps themselves. |
| | A) | True |
| | B) | False |
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| 16 | |
Hazard analysis focuses on the identification and assessment of potential hazards that can cause |
| | A) | project termination |
| | B) | schedule slippage |
| | C) | external problems |
| | D) | entire system to fail |
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| 17 | |
Risk information sheets (RIS) are never an acceptable substitute for a full risk mitigation, monitoring, and management (RMMM) plan. |
| | A) | True |
| | B) | False |
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