Q. What is the difference between a risk and a problem?

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Q. What is the importance of identifying risks early on in a software development project?

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Q. How can unstable, immature, unrealistic, or excessive requirements be dealt with as a risk in a software development project?

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Q. What is a common way to deal with communication problems when a project involves more than one development site?

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Q. What are the three general strategies to mitigate risks?

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Q. What is the process of determining the risk exposure?

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Q. What is the final step in risk management?

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Q. What is the main goal of risk management?

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Q. What is the risk exposure of a risk?

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Q. How often should the risk management process be carried out?

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Q. What are the four types of risks identified by Wallace and Keil (2004)?

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Q. What is the first step in risk management strategy?

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Q. What is the risk exposure for a given risk factor?

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Q. How is risk management a cyclic process?

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Q. Which of the following categories of risks have the most impact on project outcomes, according to a study by Wallace and Keil (2004)?

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Q. What is the suggested ordering of risks that managers should pay attention to, according to Wallace and Keil's study?

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Q. What is the advice given by Tom Gilb in regards to managing risks?

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Q. Which of the following risks can be mitigated through an agile approach?

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Q. What is a work breakdown structure (WBS)?

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Q. What is a milestone in a project?

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