Software Risk Management Solved MCQs with AnswerBy: Prof. Dr. Fazal Rehman | Last updated: May 6, 2025 9 Score: 0 Attempted: 0/9 Subscribe 1. What is associated with the Product Risk? (A) Test object (B) Non-availability of the test environment (C) Negative consequences (D) Control of test item 2. Which of the following factors affects the probable consequences? (A) Risk timing (B) Contingency planning (C) Risk avoidance (D) Risk monitoring 3. Who has the most important job in risk management? (A) Project manager (B) Production team (C) Investor (D) Client 4. Who among the following has a responsibility in risk management? (A) Project team (B) Investor (C) Developer (D) Customer 5. Which model is used to project risk factors? (A) Prototyping model (B) Waterfall model (C) Spiral model (D) None of these 6. Which strategies are aimed at reducing the impact of risk? (A) Contingency plans (B) Avoidance strategies (C) Minimization strategies (D) All of these 7. What does RE stand for in risk management? (A) Risk exposure (B) Related expense (C) Risk expense (D) Risk evaluation 8. Which option best defines Risk? (A) The negative consequence that must occur (B) The negative consequence that will occur (C) The negative consequence that could occur (D) The negative consequence that shall occur 9. What type of risk is related to the goal of building an excellent product or system? (A) Business (B) Schedule (C) Technical (D) Performance Related Posts:Risk Management MCQs - Software Project ManagementRisk management planning MCQs - Software Project ManagementRisk Management in Software Project Management - Advantages DisadvantagesRisk identification and assessment MCQs - Software Project ManagementMinor X law Solved MCQs with answerNetworking Programming Solved MCQs with answer