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 Automation Testing interview questions  Automation Testing Interview Questions (5163)
 Manual Testing interview questions  Manual Testing Interview Questions (6452)
 QA Concepts interview questions  QA Concepts Interview Questions (651)
 Mobile Testing interview questions  Mobile Testing Interview Questions (109)
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 Testing AllOther interview questions  Testing AllOther Interview Questions (607)
Question
What is Risk Mitigation and Risk Contingency plans? Please 
explain in details with examples.
 Question Submitted By :: Rathna.albert
I also faced this Question!!     Rank Answer Posted By  
 
  Re: What is Risk Mitigation and Risk Contingency plans? Please explain in details with examples.
Answer
# 1
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 ?    116 Yes 13 No
Justin Alappat
 
  Re: What is Risk Mitigation and Risk Contingency plans? Please explain in details with examples.
Answer
# 2
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 ?    20 Yes 29 No
Sharath Ramesh
 
 
 
  Re: What is Risk Mitigation and Risk Contingency plans? Please explain in details with examples.
Answer
# 3
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 ?    48 Yes 9 No
Alexey Kalashnikov
 

 
 
 
Other Testing AllOther Interview Questions
 
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What is different Between Black boxtesting and functional testing... Millennium 1
 
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