Characteristics of Software risk - Evaluating Products, Processes & Resources

Q.  Which is the characteristics of Software risk?
- Published on 23 Jul 15

a. Uncertainty
b. Loss
c. Both A & B
d. None of the above

ANSWER: Both A & B

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    Discussion

  • Nirja Shah   -Posted on 23 Oct 15
    - A risk is a potential problem – it might happen and it might not

    Conceptual definition of risk
    - Risk concerns future happenings
    - It involves change in mind, opinion, actions, places, etc.
    - It involves choice and the uncertainty that choice entails

    - Two characteristics of risk
    Uncertainty
    – The risk may or may not happen, that is, there are no 100% risks (those, instead, are called constraints)

    Loss
    – The risk becomes a reality and unwanted consequences or losses occur

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