Risk-Based Testing refers to the process of prioritizing tests according to risk, which is used as a basis for developing a Test Strategy. An organization can use Risk-Based Testing (RBT) to prioritize testing software features and functions according to the probability of failure, the importance of the feature, and the impact of a failure. Testing is then performed, starting with the highest risk. Testers who use a risk-based approach are more likely to be aware of risk factors that can lead to project failures.
Following are the main factors to be considered in risk-based testing :
* Identification of when and how risk-based testing should be implemented on an appropriate application.
* To determine which measures are effective in detecting as well as handling risks in critical areas of the software application.
* Achieving the project outcome while balancing risk and quality.
