Risk Management Activites Flashcards

1
Q

Systematic attempt to specify threats to the project plan

A

Identification

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2
Q

risks associated with the overall size of the software to be built or modified.

A

Product size

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3
Q

Risks associated with constraints imposed by management or the marketplace.

A

Business impact

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4
Q

risks associated with the sophistication of the customer and the developer’s ability to communicate with the customer in a timely manner.

A

Customer characteristics

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5
Q

Risks associated with the degree to which the software process has been defined and is followed by the development organization.

A

Process definition

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6
Q

risks associated with the availability and quality of the tools to be used to build the product.

A

Development environment

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7
Q

risks associated with the complexity of the system to be built and the “newness” of the technology that is packaged by the system.

A

Technology to be built

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8
Q

Risks associated with the overall technical and project experience of the software engineers who will do the work.

A

Staff size and experience

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9
Q

Performance risk

A

• the degree of
uncertainty that the product will meet its
requirements and be fit for its intended use.

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10
Q

Cost risk

A

the degree of
uncertainty
that the
project
budget will be
maintained.

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11
Q

Support risk

A

the degree of
uncertainty
that the
resultant
software will
be easy to
correct, adapt,
and enhance.

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12
Q

Schedule risk

A

the degree of
uncertainty
that the
project
schedule will
be maintained
and that the
product will
be delivered
on time.

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13
Q

Attempts to rate each risk in two ways, Also called Risk projection

A

Estimation

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14
Q

Refinement

A

-Refine the general risks

-Create sub conditions for each risk to isolate the underlying risks to be easier to analyzed and estimate.

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15
Q

How can we avoid the risk?

A

Mitigation

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16
Q

what factors can we track
that will enable us to
determine if the risk is
becoming more or less
likely?

A

Monitoring

17
Q

what contingency plans
do we have if the risk
becomes a reality?

A

Management