ITPEC IP April 2023 Question 52
Among the measures A through C for risk treatment to be considered when a new product is developed, which of the following is the list that contains all and only appropriate measures for reducing quality-related risks?
Explanation
A and C — stable technology and a prototype both lower the chance of quality problems in the new product.
Risk treatment has four responses: avoid, reduce (mitigate), transfer and accept. Reducing a risk means lowering its probability or its impact.
- •A — proven, stable technology has fewer unknown defects than new technology, so quality problems become less likely: reduction
- •B — insurance against development delays passes the financial loss of a delay to the insurer: transfer, and of a schedule risk, not a quality risk
- •C — a prototype lets users and developers find design flaws and misunderstood requirements early: reduction
Answer (b)
Why not others:
- •(a) A, B — includes insurance, which does not reduce quality risk, and misses the prototype
- •(c) A, B, C — includes insurance as well
- •(d) B, C — includes insurance and misses stable technology
Key rule: Insurance transfers the financial effect of a risk and leaves its probability unchanged; reduction acts on the cause.
Project Management · AI-written, may contain errors
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