ISM Exam LEAD Topic 1 Question 6 Discussion

Actual exam question for ISM's LEAD exam

Question #: 6
Topic #: 1

The possibility that purchased software will not function as planned or that new software will emerge making existing software obsolete can be described as which of the following types of risks?

AEnvironmental

BOperational

CData security

DTechnical

Show Suggested Answer

Suggested Answer: D

Risk Categorization: Technical risks are associated with the technology itself, including the possibility of malfunction or obsolescence.

Software Risks: The risk that software will not function as planned or become obsolete falls squarely within the realm of technical risks. This includes compatibility issues, performance problems, and the emergence of superior alternatives.

Mitigation Strategies: Addressing technical risks involves thorough testing, staying updated with technology trends, and having contingency plans in place.

Reference: The categorization of risks into technical, operational, environmental, and data security is widely recognized in risk management frameworks such as ISO 31000 and the Project Management Body of Knowledge (PMBOK).

by Rozella at Jul 14, 2024, 01:15 AM

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Lavonna

3 months ago

Ha! Data security, really? That's like saying my dog is the answer to this question. Technical risk is the way to go.

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Craig

2 months ago

True, but technical risk seems to be the most unpredictable and impactful in the long run.

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Dacia

2 months ago

I think operational risk is also important to consider, like if the software doesn't function as planned.

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Sabina

2 months ago

Yeah, you never know when new technology will make your current software obsolete.

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Javier

3 months ago

I agree, technical risk is definitely a major concern when it comes to software.

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Sabina

3 months ago

Yeah, data security is important too, but technical risk can really impact the functionality of the software.

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Mitsue

3 months ago

I agree, technical risk is definitely a major concern when it comes to software.

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Iesha

3 months ago

I see your point, Dona, but I still think D) Technical is the best choice here.

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Dona

3 months ago

I'm not sure, but I think it could also be B) Operational because it affects how the software operates.

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Isadora

3 months ago

Technical risk, for sure. It's all about the technical aspects of the software, not environmental or security concerns.

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Elsa

2 months ago

I would say technical risk is the main issue to consider when purchasing software.

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Kayleigh

3 months ago

I think operational risk can also play a role in software functionality.

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Helene

3 months ago

I agree, technical risk is definitely a concern when it comes to software.

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Karma

3 months ago

I agree with Ulysses, it makes sense because it's about software functionality.

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Edna

4 months ago

Data security? Really? I don't see how that's related to the question at all. Technical risk is the obvious choice here.

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Fausto

3 months ago

Yeah, I see where you're coming from. Technical risk is definitely a major concern in software development.

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Stephen

3 months ago

Data security is important too, but I see your point about technical risk being more relevant.

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Lang

3 months ago

I agree, the possibility of software becoming obsolete is definitely a technical risk.

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Alesia

3 months ago

I think technical risk is the most relevant in this case.

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Ulysses

4 months ago

I think it's D) Technical.

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Theresia

4 months ago

Operational risk? I mean, if the software doesn't work, that's definitely going to impact operations, right?

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Matthew

4 months ago

I think the answer is technical risk. Software not functioning as planned or becoming obsolete definitely falls under that category.

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Arlette

4 months ago

Yes, I think technical risk is the correct answer here.

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Daniel

4 months ago

I agree, technical risk makes the most sense in this scenario.

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