Risk Analysis Technique

Risk is an event of uncertainty in projects there are various testing challenges like proper selection, allocation and simulation of test environment

Often risk surface in determining the effort to cover   various test condition and the way of sequencing resulting test that optimizes the effective and  efficiency of the testing

The risk that occur during the s/w development are

1.We have to deliver the s/w to the client on time, budget and error free (Quality Product)

2. The errors that occur while developing and executive  are “interface error,behavior or performance error, initialization and termination error, error in data structure or external DB access and also due to in correct or missing functionalities

The risk that occur during development of the project:

  1. This risk occurs in the staff turn over “project” experienced staff will learn the project before its finished.
  2. Management Change : It occur in the “Project”  then will be a change of organizing management with different “priorities”
  3. Hardware unavailability : It occurring the project h/w which is essential for the project will not be delivered on schedule
  4. Request Change : This occur in the both “Project and Product” these will be large number of change to the requirement than anticipated
  5. Specification Delays : It occur on both “project and Product”  specification of a essential interface and not available on schedules
  6. Size under estimate : This occur in both project and product. The size of the system has been under estimated
  7. CASE Tools under performance : It occur in the “product” CASE tools which support the project do not perform as anticipated
  8. Technology Change : It occur in the “Business Risk Type” the underline technology and which the system is build is superseded by new technology

The Software risk have to be analysed and management by the s/w risk management process this process encompass the following FOUR components

1.Risk Identification 2. Risk Analysis 3.Risk Planning 4.Risk Monitoring

Risk Identification   -> Its categorize the risk such and “Technology risks, Tuple risks, Organization risks. Requirements risks and Estimation risk”

Risk Analysis  -> It assesses portability and the seriousness of each risk. The portability may be very  low – low – moderate – high – very high. Risk effects might be catastrophic, serious, tolerable or insignificant.

Risk Planning -> Considers risk and develop a “strategy” to manage that risk minimization strategies will reduce the impact of the risk on the project contingency plans are the plans to deal with that risk if it arises

Risk Monetizing -> It assesses each identified risk regularly to desired whether its becoming less or portable also assesses whether the effect of the risk have changed. Each key risk should be discussed at the management progress meeting



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