1.4 Given a scenario, perform risk management activities. Flashcards
(13 cards)
A software engineer has to make changes based on observed activities. What can cause a team to become unsettled?
Reorganization
Organizations assessing the current technology stack and adopt modern products. What is it called?
Digital transformation
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?
Perform a scenario analysis
What component has tenets of both positive and negative risk strategies?
Acceptance
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?
Interconnectivity
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?
Fallback plan
What is a key risk parameter that uses evaluation risk?
Detectability
Also called “data breach” or “cyber-attack”
Cybersecurity incident
What impact can a new project have on the project leader’s current project?
It has a higher probability when the project uses in-demand resources or is low priority
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?
Simulation
What can create a cascading effect on the organization and directly impacts leadership priorities?
New management
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?
Infrastructure end of life
What external factor can the PM update to cause new adherence to laws, rules, and taxes?
Regulated environment changes