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    Risk

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    AM
    This document discusses the importance of risk-based testing in software projects and categorizes common types of risks. It identifies schedule, budget, operational, technical, and programmatic as the main categories of risks. Schedule risks can occur due to wrong time estimation, improper resource tracking, or unexpected scope expansions. Budget risks include incorrect budgeting and cost overruns. Operational risks stem from issues like priority conflicts or insufficient resources. Technical risks cause failures in functionality or performance. Programmatic risks are external factors outside a project's control, such as changes in funding, markets, or regulations. The document promises future articles on identifying, managing, and mitigating risks.

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    Risk

    Uploaded by

    AM
    6 views2 pages
    This document discusses the importance of risk-based testing in software projects and categorizes common types of risks. It identifies schedule, budget, operational, technical, and programmatic as the main categories of risks. Schedule risks can occur due to wrong time estimation, improper resource tracking, or unexpected scope expansions. Budget risks include incorrect budgeting and cost overruns. Operational risks stem from issues like priority conflicts or insufficient resources. Technical risks cause failures in functionality or performance. Programmatic risks are external factors outside a project's control, such as changes in funding, markets, or regulations. The document promises future articles on identifying, managing, and mitigating risks.

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    This document discusses the importance of risk-based testing in software projects and categorizes common types of risks. It identifies schedule, budget, operational, technical, and programmatic as the main categories of risks. Schedule risks can occur due to wrong time estimation, improper resource tracking, or unexpected scope expansions. Budget risks include incorrect budgeting and cost overruns. Operational risks stem from issues like priority conflicts or insufficient resources. Technical risks cause failures in functionality or performance. Programmatic risks are external factors outside a project's control, such as changes in funding, markets, or regulations. The document promises future articles on identifying, managing, and mitigating risks.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    6 views2 pages

    Risk

    Uploaded by

    AM
    This document discusses the importance of risk-based testing in software projects and categorizes common types of risks. It identifies schedule, budget, operational, technical, and programmatic as the main categories of risks. Schedule risks can occur due to wrong time estimation, improper resource tracking, or unexpected scope expansions. Budget risks include incorrect budgeting and cost overruns. Operational risks stem from issues like priority conflicts or insufficient resources. Technical risks cause failures in functionality or performance. Programmatic risks are external factors outside a project's control, such as changes in funding, markets, or regulations. The document promises future articles on identifying, managing, and mitigating risks.

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    © All Rights Reserved
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    You are on page 1of 2

    Are you developing any Test plan or test strategy for your project?

    Have you addressed


    all risks properly in your test plan or test strategy?

    As testing is the last part of the project, it’s always under pressure and time constraint. To
    save time and money you should be able to prioritize your testing work. How will
    prioritize testing work? For this, you should be able to judge more important and less
    important testing work. How will you decide which work is more or less important? Here
    comes need of risk-based testing.

    What is Risk?
    “Risk is future uncertain events with a probability of occurrence and a potential for loss”
    Risk identification and management are the main concerns in every software project.
    Effective analysis of software risks will help to effective planning and assignments of
    work.

    In this article, I will cover what are the “types of risks”. In next articles, I will try to
    focus on risk identification, risk management, and mitigation.
    Risks are identified, classified and managed before actual execution of the program.
    These risks are classified in different categories.

    Categories of risks:
    Schedule Risk:
    Project schedule get slip when project tasks and schedule release risks are not addressed
    properly.
    Schedule risks mainly affect on a project and finally on company economy and may lead
    to project failure.
    Schedules often slip due to following reasons:

     Wrong time estimation


     Resources are not tracked properly. All resources like staff, systems, skills of
    individuals etc.
     Failure to identify complex functionalities and time required to develop those
    functionalities.
     Unexpected project scope expansions.
    Budget Risk:
     Wrong budget estimation.
     Cost overruns
     Project scope expansion
    Operational Risks:
    Risks of loss due to improper process implementation failed system or some external
    events risks.
    Causes of Operational risks:
     Failure to address priority conflicts
     Failure to resolve the responsibilities
     Insufficient resources
     No proper subject training
     No resource planning
     No communication in the team.
    Technical risks:
    Technical risks generally lead to failure of functionality and performance.
    Causes of technical risks are:
     Continuous changing requirements
     No advanced technology available or the existing technology is in initial stages.
     The product is complex to implement.
     Difficult project modules integration.
    Programmatic Risks:
    These are the external risks beyond the operational limits. These are all uncertain risks
    are outside the control of the program.
    These external events can be:
     Running out of the fund.
     Market development
     Changing customer product strategy and priority
     Government rule changes.
    These are all common categories in which software project risks can be classified. I
    will cover in detail “How to identify and manage risks” in next article.

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