Software Risk Management MCQs

Topic-wise practice questions for Software Engineering. Test your knowledge, check solutions on demand, and pace your preparation.

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Q1easy
What is the difference between Risk Mitigation and Risk Avoidance?
Q2medium
A team decides to "Accept" a risk that the software might be 5% slower than the requirement. What should be done next?
Q3medium
A project team identifies a technical risk: "The new API might not be ready on time." The probability is 40% (0.4) and the estimated impact on the budget is $50,000. What is the Risk Exposure (RE)?
Q4easy
What is a Risk Trigger (or Risk Symptom)?
Q5medium
(Code/Console Logic) A risk assessment script generates a priority list. Based on the logic below, which risk should be prioritized?
Q6easy
Compare a Project Risk and a Technical Risk. Which of the following is a Project Risk?
Q7easy
In the RMMM plan, what do the four letters stand for?
Q8easy
Look at this Risk Table. Which risk has the highest impact but lowest probability?
Q9easy
Which of the following is an example of Risk Transfer?
Q10easy
Why is Risk Management sometimes referred to as "Project Insurance"?