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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 3 of 3

Q21.
Which of the following risk is the failure of a purchased component to perform as expected?
Discuss
Answer: (a).Product risk
Q22.
Which of the following term is best defined by the statement: “There will be a change of organizational management with different priorities.”?
Discuss
Answer: (c).Management change
Q23.
Which of the following term is best defined by the statement: “The underlying technology on which the system is built is superseded by new technology.”?
Discuss
Answer: (a).Technology change
Q24.
What assess the risk and your plans for risk mitigation and revise these when you learn more about the risk?
Discuss
Answer: (a).Risk monitoring
Q25.
Which of the following risks are derived from the organizational environment where the software is being developed?
Discuss
Answer: (d).Organizational risks
Q26.
Which of the following risks are derived from the software or hardware technologies that are used to develop the system?
Discuss
Answer: (b).Technology risks
Q27.
Which of the following term is best defined by the statement: “Derive traceability information to maximize information hiding in the design.”?
Discuss
Answer: (c).Requirements changes
Q28.
Which of the following strategies means that the impact of the risk will be reduced?
Discuss
Answer: (b).Minimization strategies
Q29.
Risk management is now recognized as one of the most important project management tasks.
Discuss
Answer: (a).True
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