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The possibility that purchased software will not function as planned or that new software will emerge making existing software obsolete can be described as which of the following types of risks?
Suggested Answer: D
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Risk Categorization: Technical risks are associated with the technology itself, including the possibility of malfunction or obsolescence.
Software Risks: The risk that software will not function as planned or become obsolete falls squarely within the realm of technical risks. This includes compatibility issues, performance problems, and the emergence of superior alternatives.
Mitigation Strategies: Addressing technical risks involves thorough testing, staying updated with technology trends, and having contingency plans in place.
Reference: The categorization of risks into technical, operational, environmental, and data security is widely recognized in risk management frameworks such as ISO 31000 and the Project Management Body of Knowledge (PMBOK).
40 comments · newest first
JA
Jaime
11 months ago
Really? I thought new software was just part of the game!
AL
Alysa
12 months ago
Yeah, I agree with Heike on this one.
CA
Candra
12 months ago
Wait, are we sure it’s not just environmental?
KE
Kenneth
1 year ago
I think it’s more of an operational risk.
HE
Heike
1 year ago
Definitely a technical risk!
GL
Glory
1 year ago
Environmental risks seem off for this question, but I can't quite recall why. Maybe it’s more about the technical side?
HO
Honey
1 year ago
I feel like this question is similar to one we practiced on software lifecycle risks. I think the answer could be technical.
KE
Kenneth
1 year ago
I'm not entirely sure, but I remember something about operational risks being linked to software issues.
BA
Barrett
1 year ago
I think this might relate to technical risks, especially since it involves software functionality and obsolescence.
KA
Kaitlyn
1 year ago
I'm a little confused by this question. The options don't seem that different to me, and I'm not sure I fully grasp the distinctions between them. I'll have to make an educated guess here.
CL
Clarinda
1 year ago
Okay, I've got this. The key is recognizing that the question is asking about the risk of software becoming obsolete or not functioning as planned. That sounds like a technical risk to me, so I'll go with option D.
MA
Malcom
1 year ago
Hmm, I'm not totally sure about this one. The question is a bit vague, and I'm not confident I fully understand the differences between the risk types. I'll have to think it through step-by-step.
BE
Beth
1 year ago
This seems like a straightforward question about software risks. I'll think through the options carefully and choose the one that best fits the description.
NO
Nobuko
1 year ago
I'm feeling pretty confident about this one. The attributes seem to clearly map to the different testing levels, so I should be able to identify the best match.
MA
Maryrose
1 year ago
Hmm, this looks like a straightforward question about the capabilities of Oracle SQL Developer. I think I can handle this one.
RU
Ruby
1 year ago
I'm a bit confused about how evaporation ties into this. Wouldn't the increase stop at some point? I guess I need to think more about the specifics.
LA
Lavonna
2 years ago
Ha! Data security, really? That's like saying my dog is the answer to this question. Technical risk is the way to go.
CR
Craig
2 years ago
True, but technical risk seems to be the most unpredictable and impactful in the long run.
DA
Dacia
2 years ago
I think operational risk is also important to consider, like if the software doesn't function as planned.
SA
Sabina
2 years ago
Yeah, you never know when new technology will make your current software obsolete.
JA
Javier
2 years ago
I agree, technical risk is definitely a major concern when it comes to software.
SA
Sabina
2 years ago
Yeah, data security is important too, but technical risk can really impact the functionality of the software.
MI
Mitsue
2 years ago
I agree, technical risk is definitely a major concern when it comes to software.
IE
Iesha
2 years ago
I see your point, Dona, but I still think D) Technical is the best choice here.
DO
Dona
2 years ago
I'm not sure, but I think it could also be B) Operational because it affects how the software operates.
IS
Isadora
2 years ago
Technical risk, for sure. It's all about the technical aspects of the software, not environmental or security concerns.
EL
Elsa
2 years ago
I would say technical risk is the main issue to consider when purchasing software.
KA
Kayleigh
2 years ago
I think operational risk can also play a role in software functionality.
HE
Helene
2 years ago
I agree, technical risk is definitely a concern when it comes to software.
KA
Karma
2 years ago
I agree with Ulysses, it makes sense because it's about software functionality.
ED
Edna
2 years ago
Data security? Really? I don't see how that's related to the question at all. Technical risk is the obvious choice here.
FA
Fausto
2 years ago
Yeah, I see where you're coming from. Technical risk is definitely a major concern in software development.
ST
Stephen
2 years ago
Data security is important too, but I see your point about technical risk being more relevant.
LA
Lang
2 years ago
I agree, the possibility of software becoming obsolete is definitely a technical risk.
AL
Alesia
2 years ago
I think technical risk is the most relevant in this case.
UL
Ulysses
2 years ago
I think it's D) Technical.
TH
Theresia
2 years ago
Operational risk? I mean, if the software doesn't work, that's definitely going to impact operations, right?
MA
Matthew
2 years ago
I think the answer is technical risk. Software not functioning as planned or becoming obsolete definitely falls under that category.
AR
Arlette
2 years ago
Yes, I think technical risk is the correct answer here.
DA
Daniel
2 years ago
I agree, technical risk makes the most sense in this scenario.