CSTE -- 5. Risk Analysis

5. Risk Analysis

1. Risk Identification
1. Software Risks - Knowledge of the most common risks associated with software development, and the platform you are working on.
2. 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.
3. Premature Release Risk - Ability to determine the risk associated with releasing unsatisfactory or untested software products.
4. Business Risks - Most common risks associated with the business using the software.
5. Risk Methods - Strategies and approaches for identifying risks or problems associated with implementing and operating information technology, products, and processes; assessing their likelihood, and initiating strategies to test for those risks.
2. Managing Risks
1. Risk Magnitude - Ability to rank the severity of a risk categorically or quantitatively.
2. Risk Reduction Methods - The strategies and approaches that can be used to minimize the magnitude of a risk.
3. Contingency Planning - Plans to reduce the magnitude of a known risk should the risk event occur.