CCBA · Question #4
You are the business analyst for your organization and working with the stakeholders to prioritize the requirements. The stakeholders are concerned about the financial impact of the requirements…
The correct answer is B. Mitigation. The three categories of risk tolerance associated with the stakeholders are neutrality, risk- seeking, and risk-aversion1. These categories describe how willing the stakeholders are to accept the uncertainty and potential negative consequences of the requirements and the…
Question
You are the business analyst for your organization and working with the stakeholders to prioritize the requirements. The stakeholders are concerned about the financial impact of the requirements should some of them fail during the implementation. You would like to rank the risk tolerance of the stakeholders based on their comments about the solution and the requirements. The following are the three categories of risk tolerance associated with the stakeholders except for which one?
Options
- ANeutrality
- BMitigation
- CRisk-seeking
- DRisk-aversion
How the community answered
(36 responses)- B92% (33)
- C3% (1)
- D6% (2)
Explanation
The three categories of risk tolerance associated with the stakeholders are neutrality, risk- seeking, and risk-aversion1. These categories describe how willing the stakeholders are to accept the uncertainty and potential negative consequences of the requirements and the solution. Neutrality means that the stakeholders are indifferent to the risk level and do not have a preference for more or less risky options. Risk-seeking means that the stakeholders are willing to take on more risk in exchange for higher rewards or benefits. Risk-aversion means that the stakeholders prefer to avoid or minimize risk and opt for safer or more reliable options. Mitigation is not a category of risk tolerance, but rather a strategy or technique for reducing the impact or likelihood of a risk2.
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