Architectural Risk Management Quiz

Which method is NOT mentioned for identifying architectural risks?

• SWOT analysis

• Brainstorming sessions

• Financial audits

• Past project reviews

What does architectural risk refer to?

• The timeline of project completion

• The overall cost of an IT project

• The potential negative impact of poor architectural decisions

• The potential positive impact of good architectural decisions

What is the purpose of a risk matrix?

• To identify project stakeholders

• To create a project timeline

• To plot impact against probability

• To allocate project resources

What does risk transfer involve?

• Eliminating the risk entirely

• Accepting the risk as is

• Shifting the risk to another party

• Reducing the impact of the risk

Which of the following is a risk mitigation strategy?

• Risk identification

• Risk assessment

• Risk documentation

• Risk acceptance

What is the first step in architectural risk management?

• Risk identification

• Risk transfer

• Risk assessment

• Risk mitigation

Which technique is used for risk reduction?

• Conducting thorough code reviews

• Shifting risk to insurance

• Choosing a different technology stack

• Avoiding ambitious project goals

What is a key takeaway from the presentation?

• Mitigation strategies are not necessary

• Risk assessment should only be done once

• Continuous monitoring is essential for effective risk management

• Architectural risk management is optional for IT projects

What should be done regularly to ensure risk management remains effective?

• Ignore new risks

• Limit communication with stakeholders

• Focus solely on past project data

• Conduct periodic risk assessments

Which of the following is a qualitative assessment method?

• Data analysis

• Financial forecasting

• Expert judgment

• Statistical modeling