What is Risk Mitigation and Risk Contingency plans? Please
explain in details with examples.
Answers were Sorted based on User's Feedback
Answer / justin alappat
Risk Mitigation - is about reducing the impact of risk.
Risk Contigency plan - is reffred as plan B. That is a
alternate path totally.
For e.g. If your office is in an earthquake prone area,
Risk mitagation plans can include, earthquake drills to
train people, e.t.c
And Contigency plan could be that, you have a back up
office in another place, so that in case something happens
you can shift your operations to a new place.
Is This Answer Correct ? | 151 Yes | 17 No |
Answer / alexey kalashnikov
M. is your action to prevent risk before it happens when C.
is your action to cure risk after it happens. M. makes
budget bigger as you include cost of risk that didn't
happen and may not happen. C. makes budget smaller but may
increse it after and if risk happens.
Is This Answer Correct ? | 59 Yes | 15 No |
Answer / sharath ramesh
e.g user logins to a banking website which has a load
factor of 500 users.
Risk Mitigation Plan: If the 500th user logins then the
second server will handle the connection.
Risk Contingence plan:If both the servers are busy or
crashed,then restart the server or attach another server to
handle the connection.
Is This Answer Correct ? | 26 Yes | 37 No |
What is difference between Access(DBMS) and RDBMS like SQL Server or Oracle?. Why Access is not used in web based application?
7 Answers Disha Tech, Infosys, TCS, Wipro,
What certifications can a tester of less than 1 yr experience go for? which is the best certification and how many months of preparation is required?
What is database testing? Can anyone give some scenariors where we perform databse testing? also, please quote some interview questions in this regard.
2, 6, 12, 20, 30, ___, 56
What is white box testing and list the types of white box testing?
What is quality policy?
What is the major risk or challenge faced by you as QA analyst other than clash with the developer regarding the defect log.
What good bug tracking systems have you used?
What is the one key reason why developers have difficulty testing their own work?
Which activity in the fundamental test process includes evaluation of the testability of the requirements and system?
what is about back end testing?
Tell me about your Company Process mmeans how you are getting the projects from client, how the project categorized in module, how assignment was done, How you are getting you module? which life cycle and process.