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Risk Management Process Overview

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Questions and Answers

What is the first stage of the risk management process?

Risk identification (correct)

Risk monitoring

Risk planning

Risk analysis

Which of the following is a possible technology risk according to the text?

Inefficient software code generation tools (correct)

Lack of project budget

Organization restructuring

Customer misunderstanding

What does risk planning involve in the risk management process?

Proposing changes to requirements

Drawing up plans to avoid or minimize risk effects (correct)

Recruiting staff with required skills

Monitoring risks throughout the project

A possible organizational risk mentioned in the text is:

Restructuring management responsibilities Signup and view all the answers

What is a requirement risk mentioned in the text?

Customers failing to understand requirements impact Signup and view all the answers

In which stage of the risk management process are risks assessed for likelihood and consequences?

Risk analysis Signup and view all the answers

Which of the following is a people risk according to the text?

Unavailable required training for staff Signup and view all the answers

"Reusable software components containing defects that cannot be reused as planned" is an example of a ___________ risk.

"Tools" Signup and view all the answers

Risk Management Process Overview

Choose a study mode

Podcast

Questions and Answers

What is the first stage of the risk management process?

Which of the following is a possible technology risk according to the text?

What does risk planning involve in the risk management process?

A possible organizational risk mentioned in the text is:

What is a requirement risk mentioned in the text?

In which stage of the risk management process are risks assessed for likelihood and consequences?

Which of the following is a people risk according to the text?

"Reusable software components containing defects that cannot be reused as planned" is an example of a ___________ risk.

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