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4/27/2020 Risk analysis and management - MCQs

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1. Every risk has 100% likelihood. True or false.

a) True
b) False

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2. Risk management is responsibility of the
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a) Customer experience, exam pattern
b) Investor
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c) Developer
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d) Project team experience, exam pattern
e) Production team
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ANSWER: d) Project team
experience, exam pattern

CTS placement papers,


Comment: Risk management is responsibility of a whole
interview experience,
project team. They should identify the risks as early as exam pattern
possible and come up with the ways to deal with them.

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3. Risk is expressed in terms of probability and impact.
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a) True MCA
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b) False

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ANSWER: a) True

Comment: A factor that could result in future negative


consequences; usually expressed in terms of impact and
likelihood.

4. .RE represents what

a) Risk expense
b) Related expense
c) Risk exposure
d) Risk evaluation

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ANSWER: 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).


5. As a tester which of the following will come under
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4/27/2020 Risk analysis and management - MCQs

product risk if you are testing an e-commerce website?


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a) Shortage of testers
b) Many
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c) DelayMCA
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d) Failure to transfer a user to secure gateway while paying
e) All of the above

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ANSWER: d) Failure to transfer a user to secure gateway


while paying

Comment:A risk directly related to the test objects are


product risks.

6. Which of the following technique will ensure that


impact of risk will be less?

a) Risk avoidance technique


b) Risk Mitigation technique
c) Risk contingency technique
d) All of the above

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ANSWER: c) Risk contingency technique

Comment: Mitigation and avoidance is same that is


reducing likelihood.

7. What is associated with product risk?



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a) Control of test item


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b) Negative consequences
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c) non-availability of test environment
d) Test
Interview object
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ANSWER: d) Test object

Comment:A risk directly related to the test objects are


product risks.

8. Risk management is important part of a project


management. True or false.

a) True
b) False

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ANSWER: a) True

9. 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

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ANSWER: Reasoning
d) Business analystEnglish GD Placement papers HR Current affairs
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Comment: Business people will determine the impact while


technical people will determine probability of risk
occurrence while assessing the risk

10. Which is/are ways to deal with risk?

a) Mitigate
b) Contingency
c) Transfer
d) Ignore
e) All of the above

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ANSWER: e) All of the above

Comment: Mitigate: avoid likelihood


Contingency: Reduce impact
Transfer: Outsource expertise
Ignore: Done if likelihood and impact are low

11. What is risk?

a) Negative consequence that could occur


b) Negative consequence that will occur
c) Negative consequence that must occur
d) Negative consequence that shall occur

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