Risk Management Questions - Free Practice Test

Q1. Which of these can you associate with a product risk?

Controlling the test item

Object of test

Negative consequences

Unavailable of environment to test

Q2. Risk management is included in project management

Not known

TRUE

FALSE

Maybe

Q3. Which technique can ensure the least impact caused by any risk?

Risk mitigation

Risk Perseverance

Risk avoidance

Risk contingency

Q4. Which of the following ways are most suitable to manage a risk?

Transfer

Contingency

All of the above

Mitigate

Q5. Define risk.

It is the negative outcomes which should occur.

It is the negative outcomes which must occur

It is the negative outcomes which will definitely occur.

It is the negative outcomes which could occur.

Q6. There's 100% possibility of every risk. Is this true or false?

FALSE

TRUE

Maybe

I don't know.

Q7. When testing eCommerce websites, which given option comes under product risk?

The development team delaying at fixing defects.

Failing at transferring a user to secure gateway during transactions.

Unavailability of testers

Multiple variations in SRS that result the test cases to change

Q8. What is the full-form of RE?

Round Escobar

Real Esteem

Real Estate

Real Exposure

Q9. Who takes the responsibility of risk management?

Investor

Customers

Project team

Manager

Q10. Probabilities and impact define risk.

FALSE

TRUE

Maybe

I don't know

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Advanced Diploma in Financial Accounting

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