Risk types and analysis process

In software quality assurance, risk management is the process of identifying, assessing, and mitigating risks that can impact software development or the final product. There are different types of risks in software development, including technical, operational, financial, and legal risks.

The risk analysis process involves the following steps:

Risk identification: Identifying the potential risks that could occur during the software development lifecycle.

Risk assessment: Assessing the likelihood and impact of each identified risk.

Risk prioritization: Prioritizing the risks based on their likelihood and impact.

Risk mitigation: Developing a plan to mitigate or eliminate the risks.

Risk monitoring: Continuously monitoring the risks throughout the software development lifecycle to identify new risks or changes in existing risks.

There are several techniques for risk analysis, such as brainstorming, SWOT analysis, and FMEA. The risk management process helps software development teams to proactively identify and address risks, resulting in a higher quality product and more efficient software development process.