Risk analysis and management - MCQs
1. Every risk has 100% likelihood. True or false.a) True
b) False
View Answer / Hide AnswerANSWER: b) False
Comment: Risk is a possibility, not a certainty. It may or may not occur
a) Customer
b) Investor
c) Developer
d) Project team
e) Production team
View Answer / Hide AnswerANSWER: d) Project team
Comment: Risk management is responsibility of a whole project team. They should identify the risks as early as possible and come up with the ways to deal with them.
a) True
b) False
View Answer / Hide AnswerANSWER: a) True
Comment: A factor that could result in future negative consequences; usually expressed in terms of impact and likelihood.
a) Risk expense
b) Related expense
c) Risk exposure
d) Risk evaluation
View Answer / Hide AnswerANSWER: c) Risk exposure
Comment: Risk Exposure=probability* impact.
In an organization risk exposure is statistically measurable value where impact and probability is assigned on scale of 1-5 or 1-10. Risk Exposure is also called as a Risk Priority Number(RPN).
a) Shortage of testers
b) Many changes in SRS that caused changes in test cases
c) Delay in fixing defects by development team
d) Failure to transfer a user to secure gateway while paying
e) All of the above
View Answer / Hide AnswerANSWER: d) Failure to transfer a user to secure gateway while paying
Comment:A risk directly related to the test objects are product risks.
a) Risk avoidance technique
b) Risk Mitigation technique
c) Risk contingency technique
d) All of the above
View Answer / Hide AnswerANSWER: c) Risk contingency technique
Comment: Mitigation and avoidance is same that is reducing likelihood.
a) Control of test item
b) Negative consequences
c) non-availability of test environment
d) Test object
View Answer / Hide AnswerANSWER: d) Test object
Comment:A risk directly related to the test objects are product risks.
a) True
b) False
View Answer / Hide Answer9. After deployment of a system, a software is incorrectly performing one of its major functionality. Who is going to determine how badly it will hamper the organization?a) QA personnel
b) Developer
c) Technical people
d) Business analyst
View Answer / Hide AnswerANSWER: d) Business analyst
Comment: Business people will determine the impact while technical people will determine probability of risk occurrence while assessing the risk
a) Mitigate
b) Contingency
c) Transfer
d) Ignore
e) All of the above
View Answer / Hide AnswerANSWER: e) All of the above
Comment: Mitigate: avoid likelihood
Contingency: Reduce impact
Transfer: Outsource expertise
Ignore: Done if likelihood and impact are low
a) Negative consequence that could occur
b) Negative consequence that will occur
c) Negative consequence that must occur
d) Negative consequence that shall occur
View Answer / Hide AnswerANSWER: a) Negative consequence that could occur
