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Welcome to the Risk Management MCQs Page

Dive deep into the fascinating world of Risk Management with our comprehensive set of Multiple-Choice Questions (MCQs). This page is dedicated to exploring the fundamental concepts and intricacies of Risk Management, a crucial aspect of Software Engineering. In this section, you will encounter a diverse range of MCQs that cover various aspects of Risk Management, from the basic principles to advanced topics. Each question is thoughtfully crafted to challenge your knowledge and deepen your understanding of this critical subcategory within Software Engineering.

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Check out the MCQs below to embark on an enriching journey through Risk Management. Test your knowledge, expand your horizons, and solidify your grasp on this vital area of Software Engineering.

Note: Each MCQ comes with multiple answer choices. Select the most appropriate option and test your understanding of Risk Management. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

Risk Management MCQs | Page 1 of 3

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Q1.
Which factors affect the probable consequences if a risk occur?

a.

Risk avoidance

b.

Risk monitoring

c.

Risk timing

d.

Contingency planning

Discuss
Answer: (c).Risk timing
Q2.
Staff turnover, poor communication with the customer are risks that are extrapolated from past experience are called _____ .

a.

Business risks

b.

Predictable risks

c.

Project risks

d.

Technical risks

Discuss
Answer: (b).Predictable risks
Q3.
Which risk gives the degree of uncertainty and the project schedule will be maintained so that the product will be delivered in time?

a.

Business risk

b.

Technical risk

c.

Schedule risk

d.

Project risk

Discuss
Answer: (b).Schedule risk
Q4.
Project risk factor is considered in which model?

a.

Spiral model

b.

Waterfall model

c.

Prototyping model

d.

None of the above

Discuss
Answer: (a).Spiral model
Q5.
 From the following give three major categories of risk,
1) Schedule risk
2) Project risk
3) Technical risk
4) Business risk

a.

1,2 and 3

b.

2,3 and 4

c.

1,2 and 4

d.

1,3 and 4

Discuss
Answer: (b).2,3 and 4
Q6.
In Risk management process what makes a note of all possible risks, that may occur in the project?

a.

Manage

b.

Monitor

c.

Categorize

d.

Identification

Discuss
Answer: (d).Identification
Q7.
Which risks identify Potential Design, Implementation, Interface, Verification and Maintenance Problems?

a.

Project risk

b.

Business risk

c.

Technical risk

d.

Schedule risk

Discuss
Answer: (c).Technical risk
Q8.
Building an excellent product or system that no one really want a risk is a
________ .

a.

Technical risk

b.

Schedule risk

c.

Business risk

d.

Performance risk

Discuss
Answer: (c).Business risk
Q9.
Which is the characteristics of Software risk?

a.

Uncertainty

b.

Loss

c.

Both a and b

d.

None of the above

Discuss
Answer: (c).Both a and b
Q10.
What all has to be identified as per risk identification?

a.

Threats

b.

Vulnerabilities

c.

Consequences

d.

All of the mentioned

Discuss
Answer: (d).All of the mentioned
Page 1 of 3

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