CAD Risk Management & Mitigation 3

Question 1

An application developer is evaluating risks for a cloud migration project. Which type of risk assessment method assigns numerical values to risks?

Accepted Answer

Quantitative risk assessment

Answer

Quantitative risk assessment uses numerical values and statistical methods to express risk in measurable terms such as dollar amounts.

Question 2

A software team uses a risk burndown chart. What does this chart primarily track?

Accepted Answer

The reduction in total risk exposure across sprints

Answer

A risk burndown chart visualizes how total risk exposure decreases over time as risks are mitigated or resolved during a project.

Question 3

Which of the following BEST describes a risk trigger in project management?

Accepted Answer

An early warning sign that a risk event is about to occur

Answer

A risk trigger is an indicator or symptom that signals a risk event is imminent, prompting execution of the risk response plan.

Question 4

When building a new authentication module, a developer identifies dependency rot as a risk. Which mitigation technique is MOST effective?

Accepted Answer

Automated dependency scanning integrated into the CI/CD pipeline

Answer

Integrating automated dependency scanners (e.g., Dependabot, Snyk) into CI/CD continuously detects vulnerable or outdated dependencies.

Question 5

A project risk has a 30% probability of occurring and an impact of $50,000. What is the Expected Monetary Value (EMV)?

Accepted Answer

$15,000

Answer

EMV = Probability × Impact = 0.30 × $50,000 = $15,000.

(CAD) Certified Application Developer Practice Test