SOFTWARE ENGINEERING

SOFTWARE PROJECT MANAGEMENT

RISK MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Question 6 of 100Question ID:613294One of the risks that has been identified during project planning is that the company will be unable to retain the planned number of qualified developers for the software development project you are leading. You need to determine the likelihood of this risk as well as its impact on the project schedule.What should you do?
A
AMeet with the developers and get their input
B
BCreate a probability and impact matrix
C
CPerform a risk data quality assessment
D
DConduct a risk probability and impact assessment
Explanation: 

Detailed explanation-1: -Types of project risks Financial risks such as rising costs, inaccurate budget forecasts, increases in labor and materials, low sales, and challenges in securing funding.

Detailed explanation-2: -Which of the following is not considered as a risk in project management? Explanation: Testing is a part of project, thus it can’t be categorized as risk.

Detailed explanation-3: -Ideally, you should create your risk management plan during the project planning phase. That way, you can best identify any risks and their potential impact and monitor those risks during the project.

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