ICP Risk Management & Mitigation 3

Question 1

Which of the following best describes 'risk transfer' in an agile context?

Accepted Answer

Shifting the financial or operational impact of a risk to a third party

Answer

Risk transfer shifts the consequence of a risk to another party, such as through insurance, warranties, or contractual agreements with vendors.

Question 2

Which agile technique helps manage the risk of insufficient testing coverage?

Accepted Answer

Definition of Done that includes automated testing criteria

Answer

Including automated testing criteria in the Definition of Done ensures no story is accepted without adequate test coverage, reducing quality risk.

Question 3

A risk that has occurred and is now impacting the project is called a(n):

Accepted Answer

Issue

Answer

Once a risk event actually occurs and requires action, it becomes an issue that must be actively managed and resolved.

Question 4

In agile, who is primarily responsible for owning and managing product-level risks?

Accepted Answer

Product Owner

Answer

The Product Owner owns the product backlog and business outcomes, making them responsible for identifying and managing product-level risks.

Question 5

Which practice helps agile teams identify risks before a sprint begins?

Accepted Answer

Sprint Planning

Answer

During Sprint Planning the team examines selected backlog items and can identify technical or dependency risks before committing to the sprint goal.

(ICP) Infusionsoft Certified Partner Practice Test