In Software Testing, Risk Analysis is the process of identifying risks in applications and prioritizing them to test.
In Software testing some unavoidable risk might takes place like change in requirements or Incomplete requirements Time allocation for testing.
Developers delaying to deliver the build for testing.
Urgency from client for delivery.
Defect Leakage due to application size or complexity.
To overcome these risks, the following activities can be done.
Conducting Risk Assessment review meeting with the development team.
Profile for Risk coverage is created by mentioning the importance of each area.
Using maximum resources to work on High Risk areas like allocating more testers for High risk areas and minimum resources for Medium and Low risk areas. Creation of Risk assessment database for future maintenance and management review.