5.5.2. (K2) Distinguish between project and product risks____PRODUCT risks
5.5.1. (K1) Define risk level by using likelihood and impact
Risk involves the possibility of an event in the future which has negative consequences. The level of risk is determined by the likelihood of the event and the impact (the harm) from that event.
5.5.2. (K2) Distinguish between project and product risks____PROJECT risks
5.5.3. (K2) Describe, by using examples, how product risk analysis may influence the thoroughness and scope of testing
risk management activities provide a disciplined approach to: