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You work as a stakeholder for ABC Inc. You are on an important feature of a project that appears too
difficult to execute. Issues like acceptable type of bugs and number of bugs for user acceptance
seem to have affected the project. What is the rate of risk factor in such a situation?
This happens when most of the stakeholders are concerned about risks.
Risk factors are determined for the scope of the project, requirements, design and strategy,
technology, processes (for development,
payment, change management, risk management, and closing the project), and conditions of the
project.
Risk factors are high when most of the stakeholders have concerns. Even if one important feature of
a project appears too difficult to execute,
the risk is high. Issues like acceptable type of bugs and number of bugs for user acceptance, terms
for closing the project, payments not being
clear or misunderstood, make the project highly risky.
Answer option B is incorrect. Risks are low when issues like the format of the forms are not finalized
but the functionality is thoroughly
understood and solutions are approved.
Answer option D is incorrect. Risks are rated medium when a very small number of stakeholders
have a few concerns. For example, the
development team may not have very advanced knowledge of the technology but could provide
some work around. Another could be that the
customer's people cannot finalize a few unimportant workflows.
Answer option C is incorrect. It is an invalid answer.