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You are developing a release plan for a new project.
You need to create a risk management plan.
Which three activities or elements should you include in your plan? (Each correct answer presents a complete solution. Choose three.)
A. Probability assessment
B. Assumptions
C. Resolution planning
D. Impact analysis
E. Resource planning
F. Constraints
Correct Answer: ACD
Explanation/Reference:
The essence and focus of Risk Management (RSKM) is to understand the nature of software production risks and to mitigate those risks. All risks, under RSKM, are:-
* Identified
* (AD) Characterized, in terms of Likelihood and Consequence
* (AC) Priortized, for mitigation
* (C) Mitigated
SP 1.2 Define Risk Parameters
Define the parameters used to analyze and categorize risks, and the parameters used to control the risk management effort.
Parameters for evaluating, categorizing, and prioritizing risks include the following:
* (A) Risk likelihood (i.e., probability of risk occurrence)
* (D) Risk consequence (i.e., impact and severity of risk occurrence)
* Thresholds to trigger management activities
Reference: CMMi - Risk Management (RSKM)