Section 28.1

1			Proactive risk management is sometimes described as fire fighting.
			A)	True
			B)	False

Section 28.2

2			Software risk always involves two characteristics
			A)	fire fighting and crisis management
			B)	known and unknown risks
			C)	uncertainty and loss
			D)	staffing and budget

Section 28.2

3			Three categories of risks are
			A)	business risks, personnel risks, budget risks
			B)	project risks, technical risks, business risks
			C)	planning risks, technical risks, personnel risks
			D)	management risks, technical risks, design risks

Section 28.3

4			Generic risks require far more attention than product-specific risks.
			A)	True
			B)	False

Section 28.3

5			A risk item checklist would contain known and predictable risks from which of these categories?
			A)	product size
			B)	development environment
			C)	staff size
			D)	process definition
			E)	a, b, c, and d

Section 28.3.1

6			Questions that should be asked to assess the overall project risk include:
			A)	Have top managers formally committed to support the project?
			B)	Are end-users committed to the project and proposed system being built?
			C)	Are requirement fully understood by development team and customers?
			D)	Does the proposed budget have time allocated for marketing?
			E)	a, b, and c

Section 28.3.2

7			Software risk impact assessment should focus on consequences affecting
			A)	planning, resources, cost, schedule
			B)	marketability, cost, personnel
			C)	business, technology, process
			D)	performance, support, cost, schedule

Section 28.4

8			Risk projection attempts to rate each risk in two ways
			A)	likelihood and cost
			B)	likelihood and impact
			C)	likelihood and consequences
			D)	likelihood and exposure

Section 28.4.1

9			Risk tables are sorted by
			A)	probability and cost
			B)	probability and impact
			C)	probability and consequences
			D)	probability and exposure

Section 28.4.1

10			Individual team members can make their own estimate for a risk probability and then develop a consensus value.
			A)	True
			B)	False

Section 28.4.2

11			Which factors affect the probable consequences likely if a risk does occur?
			A)	risk cost
			B)	risk timing
			C)	risk scope
			D)	risk resources
			E)	both b and c

Section 28.5

12			The reason for refining risks is to break them into smaller units having different consequences.
			A)	True
			B)	False

Section 25.6

13			Effective risk management plan needs to address which of these issues?
			A)	risk avoidance
			B)	risk monitoring
			C)	contingency planning
			D)	all of the above

Section 28.6

14			Risk monitoring involves watching the risk indicators defined for the project and not determining the effectiveness of the risk mitigation steps themselves.
			A)	True
			B)	False

Section 28.6

15			Hazard analysis focuses on the identification and assessment of potential hazards that can cause
			A)	project termination
			B)	schedule slippage
			C)	cost overruns
			D)	an entire system to fail

Section 28.7

16			Risk information sheets (RIS) are never an acceptable substitute for a full risk mitigation, monitoring, and management (RMMM) plan.
			A)	True
			B)	False