Risk Management CTEL-TM-OTM Practice Questions (Page 3)

Questions 11–15

1. 11foundation · easy

   Which of the following is an example of integrating project risk management with organizational risk management?

   • AAvoiding the use of organizational risk tools
   • BUsing the organization's risk categories and reporting templates
   • CKeeping project risks confidential from the organization
   • DCreating a separate risk management process for each project
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2. 12foundation · easy

   In the context of operational test management, what is the primary purpose of risk management?

   • ATo document all potential problems after they occur
   • BTo systematically address uncertainties that could affect project objectives
   • CTo increase the likelihood and impact of positive events
   • DTo eliminate all uncertainties from the test project
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4. 13foundation · easy

   Which of the following is an effective way to report risk status to stakeholders?

   • AIncluding a risk summary in regular project status reports
   • BDiscussing risks only in informal conversations
   • CKeeping risk information in a private document for the project manager
   • DReporting risks only when they occur
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5. 14application · medium

   An operational test manager has identified a risk that a key test environment may not be available on the scheduled start date. The risk was assessed as medium priority, and a contingency plan was developed to use a backup environment. During the project, the test manager notices that the primary environment is still not ready, but the risk trigger (e.g., 'environment not ready 5 days before start') has not yet occurred. What should the test manager do?

   • AContinue monitoring the risk triggers and track the status of the environment, but do not activate the contingency plan until the trigger occurs.
   • BEscalate the risk to senior management and ask for additional budget to expedite the primary environment setup.
   • CClose the risk because the environment is not yet ready, and the risk has not materialized.
   • DImmediately implement the contingency plan to use the backup environment, because the risk is likely to materialize.
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6. 15foundation · easy

   What is the main benefit of aligning project risk management with the organization's broader risk management framework?

   • AIt guarantees that all project risks are transferred to the organization
   • BIt ensures consistent risk assessment and reporting across the organization
   • CIt reduces the project manager's responsibility for risk management
   • DIt eliminates the need for project-level risk management
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