1.4 Given a scenario, perform risk management activities. Flashcards

(13 cards)

1
Q

A software engineer has to make changes based on observed activities. What can cause a team to become unsettled?

A

Reorganization

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2
Q

Organizations assessing the current technology stack and adopt modern products. What is it called?

A

Digital transformation

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3
Q

The PM tasks a software engineer with creating a mapping document for observed and possible risk activities associated with the team’s current project. How can the engineer generate and evaluate potential events to determine the impact?

A

Perform a scenario analysis

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4
Q

What component has tenets of both positive and negative risk strategies?

A

Acceptance

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5
Q

A technician reviews a project risk activity summary and notices that one single risk tied to access controls has begun snowballing into a series of risks. What best describes how this risk affected other risk?

A

Interconnectivity

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6
Q

A project leader develops a contingency plan to establish responses before the risk occurs in the project. What is another name for this type of action?

A

Fallback plan

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7
Q

What is a key risk parameter that uses evaluation risk?

A

Detectability

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8
Q

Also called “data breach” or “cyber-attack”

A

Cybersecurity incident

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9
Q

What impact can a new project have on the project leader’s current project?

A

It has a higher probability when the project uses in-demand resources or is low priority

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10
Q

A software consultant reviews a team factsheet on risk management activities and wants to incorporate a list of project risks. What can the consultant use to gain these inputs?

A

Simulation

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11
Q

What can create a cascading effect on the organization and directly impacts leadership priorities?

A

New management

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12
Q

A PM is in the middle of the project cycle and recognizes that 3 critical software applications will be inoperable within the next 2 weeks. What is likely the cause for the loss of the needed application?

A

Infrastructure end of life

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13
Q

What external factor can the PM update to cause new adherence to laws, rules, and taxes?

A

Regulated environment changes

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