Risk Analysis:
A risk is a potential for loss or damage to an Organization from materialized threats. Risk Analysis attempts to identify all the risks and then quantify the severity of the risks. A threat as we have seen is a possible damaging event. If it occurs, it exploits vulnerability in the security of a computer based system.
Risk Identification:
- Software Risks: Knowledge of the most common risks associated with Software development, and the platform you are working on.
- Business Risks: Most common risks associated with the business using the software
- Testing Risks: Knowledge of the most common risks associated with Software testing for the platform you are working on, tools being used, and test methods being applied.
- Premature Release Risk: Ability to determine the risk associated with releasing unsatisfactory or untested Software Products.
- Risk Methods: Strategies and approaches for identifying risks or problems associated with implementing and operating information technology, products and process; assessing their likelihood, and initiating strategies to test those risks.
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