What Is The Risk In Software Terminology ??

We can determined to the risk as the possibility of an occurrence, accident, warnings, position, condition or situation happening and its unwanted outcomes. This is a main cause of the outcomes in negative form. There is a formula for calculating the risk, mentioned as below:-

Risk = Probability or Possibility of the event occurring x Impact or Effect if it did happen

Types Of Risk:- In the software term, we can distributed to the risk into two types. These are as below:-

• Project Risks
• Product Risks

Project Risks:- There are few risks related the projects which are mentioned as below:-

• Provider or Distributor issues
• Organizational causes
• Technical problems

Product Risks:- There are few risks related to the product, which happen on the live environment mentioned as below:-

• Defect Disposed Software Released
• Bad software characteristics
• Changeable software characteristics