Question $8$

The process that identifies, evaluates, selects and implements one or more strategies to set risk at an

acceptable level is:

Answer

Risk planning

Risk assessment

Risk handling

Risk monitoring and control

Question $9$

Risk mitigation or control:

Answer

Does not eliminate a risk but seeks to reduce it without altering the requirements.

Eliminates a risk by reducing it without altering the requirements.

Eliminates a risk by changing the requirements

Eliminates a risk by reducing the requirements

Question $10$

A technique that uses a series of probability distributions and then transforms them into various risks is

called:

Answer

Probability estimating

Monte Carlo simulation

Estimating simulation

Black box analysis