250+ TOP MCQs on Risk Management and Answers

Software Engineering Multiple Choice Questions on “Risk Management”.

1. Risk management is one of the most important jobs for a
a) Client
b) Investor
c) Production team
d) Project manager

Answer: d
Clarification: Risk management involves anticipating risks that might affect the project schedule or the quality of the software being developed, and then taking action to avoid these risks.

2. Which of the following risk is the failure of a purchased component to perform as expected?
a) Product risk
b) Project risk
c) Business risk
d) Programming risk

Answer: a
Clarification: Risks that affect the quality or performance of the software being developed.

3. Which of the following term is best defined by the statement: “There will be a change of organizational management with different priorities.”?
a) Staff turnover
b) Technology change
c) Management change
d) Product competition

Answer: c
Clarification: None.

4. 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of the following term is best defined by the statement: “The underlying technology on which the system is built is superseded by new technology.”?
a) Technology change
b) Product competition
c) Requirements change
d) None of the mentioned

Answer: a
Clarification: Technology changes are common in the competitive environment of software engineering.

5. What assess the risk and your plans for risk mitigation and revise these when you learn more about the risk?
a) Risk monitoring
b) Risk planning
c) Risk analysis
d) Risk identification

Answer: a
Clarification: None.

6. Which of the following risks are derived from the organizational environment where the software is being developed?
a) People risks
b) Technology risks
c) Estimation risks
d) Organizational risks

Answer: d
Clarification: These risks are at management level.

7. Which of the following risks are derived from the software or hardware technologies that are used to develop the system?
a) Managerial risks
b) Technology risks
c) Estimation risks
d) Organizational risks

Answer: b
Clarification: The risks associated with technology might affect the product development.

8. Which of the following term is best defined by the statement: “Derive traceability information to maximize information hiding in the design.”?
a) Underestimated development time
b) Organizational restructuring
c) Requirements changes
d) None of the mentioned

Answer: c
Clarification: Tracing the requirements can help us understand the risk.

9. Which of the following strategies means that the impact of the risk will be reduced?
a) Avoidance strategies
b) Minimization strategies
c) Contingency plans
d) All of the mentioned

Answer: b
Clarification: None.

10. Risk management is now recognized as one of the most important project management tasks.
a) True
b) False

Answer: a