Software Project Risk Management

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12 Questions

What is the main focus of Reactive Risk Management?

Reacting to risks when they occur

Which type of risk threatens the viability of the software to be built?

Business risks

What is the main goal of maintaining a global perspective in risk management?

To view software risks within the context of the system and the business problem

What type of risk is extremely difficult to identify in advance?

Unpredictable risk

Why is it important to encourage open communication in risk management?

To avoid discounting potential risks stated by team members

What is the key characteristic of a continuous risk management process?

It involves modifying identified risks and adding new ones as more information is known

What is the primary benefit of developing a shared product vision?

Improved risk management

What is the primary goal of risk identification in software development?

To identify and mitigate all possible risks

What type of risk is associated with the overall size of the software to be built or modified?

Product size risk

What is the purpose of risk estimation in software development?

To rate the likelihood and consequences of a risk

What type of risk is associated with the degree of uncertainty that the project schedule will be maintained?

Schedule risk

What is the purpose of team brainstorming in risk management?

To identify all possible risks

Test your understanding of software project risk management strategies, including reactive risk management, mitigation, fix on failure, and crisis management. Learn about the different types of risks that can threaten a project, including technical, business, and project risks.

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