SOFTWARE PROJECT MANAGEMENT
RISK MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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You have been managing a software development project. When performing risk response planning you learn that the project involves the use of a new software coding product that contains bugs. The probability of this negative risk is so high that your sponsor decides to terminate the project. This management decision to terminate the project is an example of:
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Terminating a Risk
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Avoiding a Risk
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Mitigating a Risk
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Closing a Project
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Explanation:
Detailed explanation-1: -An event or situation that indicates that a risk is about to occur. Triggers are sometimes called risk symptoms or warning signs.
Detailed explanation-2: -The objective of risk identification is to identify all possible risks, not to eliminate risks from consideration or to develop solutions for mitigating risks-those functions are carried out during the risk assessment and risk mitigation steps.
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