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ISM Exam LEAD Topic 1 Question 6 Discussion

Actual exam question for ISM's LEAD exam
Question #: 6
Topic #: 1
[All LEAD Questions]

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?

Show Suggested Answer Hide 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).


Contribute your Thoughts:

Lavonna
10 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
9 months ago
True, but technical risk seems to be the most unpredictable and impactful in the long run.
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Dacia
9 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
9 months ago
Yeah, you never know when new technology will make your current software obsolete.
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Javier
10 months ago
I agree, technical risk is definitely a major concern when it comes to software.
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Sabina
10 months ago
Yeah, data security is important too, but technical risk can really impact the functionality of the software.
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Mitsue
10 months ago
I agree, technical risk is definitely a major concern when it comes to software.
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Iesha
11 months ago
I see your point, Dona, but I still think D) Technical is the best choice here.
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Dona
11 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
11 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
10 months ago
I would say technical risk is the main issue to consider when purchasing software.
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Kayleigh
10 months ago
I think operational risk can also play a role in software functionality.
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Helene
10 months ago
I agree, technical risk is definitely a concern when it comes to software.
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Karma
11 months ago
I agree with Ulysses, it makes sense because it's about software functionality.
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Edna
11 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
10 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
10 months ago
Data security is important too, but I see your point about technical risk being more relevant.
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Lang
10 months ago
I agree, the possibility of software becoming obsolete is definitely a technical risk.
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Alesia
11 months ago
I think technical risk is the most relevant in this case.
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Ulysses
11 months ago
I think it's D) Technical.
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Theresia
11 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
11 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
11 months ago
Yes, I think technical risk is the correct answer here.
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Daniel
11 months ago
I agree, technical risk makes the most sense in this scenario.
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