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Risk Management Literature Review

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Literature Review Exhaustive testing of software is infeasible except for trivial cases. Actually, in most cases, testing is conducted under limited amount of resources. Therefore, there is a need to define a test strategy on which parts of the software should be effectively tested. Petschenik (1985) discusses this phenomenon by implying that the testing process can be organized effectively with merely 15% of the required resources. Huang & Boehm (2006) suggest that if test cases, based on their business value, are designed and selected correctly, a 20% investment can cover 80% of the testing process. As complete testing is not possible, test case prioritization provides a solution. There are different approaches of prioritizing tests, which vary in applicability or results, but in this review we will focus on risk-based testing approach. …show more content…

failure probability, and it’s severity of impact i.e. failure impact. During the analysis, test cases are selected which cover the elements of the highest risks to the system or project. However, this often leads to a solution where risk analysis is based on individual experience, thus can be biased. In addition, test cases may fail to cover all of the important cases or be discarded from the final test plan. For instance, developers may prefer technical risks to prioritize test cases while stakeholders may prefer other risk factors such as loss of business reputation or legal

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