ADM Agile Delivery Governance & Risk Management 5

Question 1

What is the primary purpose of a contingency reserve in an agile release plan?

Accepted Answer

To absorb the impact of identified risks if they occur

Answer

Contingency reserves cover known risks, while management reserves cover unknown ones.

Question 2

Which approach best keeps risk management continuous rather than a one-time activity in agile?

Accepted Answer

Reviewing and updating risks during planning, daily stand-ups, and retrospectives

Answer

Agile embeds risk identification and review into its regular ceremonies.

Question 3

A sponsor wants assurance that the agile budget is being spent responsibly. Which governance mechanism fits best?

Accepted Answer

Incremental funding tied to demonstrated value at regular checkpoints

Answer

Incremental funding releases money as value is demonstrated, limiting financial exposure.

Question 4

Which is the best example of a residual risk?

Accepted Answer

The risk that remains after a mitigation response has been applied

Answer

Residual risk is what remains after planned responses are implemented.

Question 5

A new risk is created as a direct result of implementing a risk response. What is it called?

Accepted Answer

Secondary risk

Answer

A secondary risk arises directly from implementing a risk response.

ADM - Agile Delivery Manager Certification Practice Test