When it comes to software testing, Risks are POTENTIAL issues that COULD JEOPARDISE the project stakeholders' goals. It's the likelihood of a bad or UNFAVOURABLE result. A risk is something that has not yet occurred and may never occur; it is a potential concern. The likelihood of a risk becoming an outcome is proportional to the degree of risk linked with the potential for negative consequences.

Most people, for example, are expected to have a cold at some point in their lives, frequently multiple times. A healthy person, on the other hand, is spared any major effects. As a result, this individual's overall risk of catching a cold is low. On the other hand, for an elderly person with breathing issues, the risk of catching a cold is significant. As a result, the overall chance of catching a cold in his instance is significant.

Following are the five dimensions of risks:

• Schedule: Unrealistic schedules, the omission of important activities when drafting a schedule, and other factors could stymie project completion on time. If testing is done from a remote place, an unstable communication link can be regarded as a possible danger.
• Client: Ambiguous requirements description, lack of clarity on issues, frequent changes to requirements, and other factors could lead to chaos throughout project execution.
• Human Resources: Insufficient resources with the required skill level are not available for the project; Resource attrition - Appropriate training schedules for resources must be designed to balance the knowledge level with resources quitting. Underestimating the training effort could have a negative influence on project completion.
• System Resources: The inability to obtain or the delay in obtaining all key computer resources, such as hardware and software tools, or software licences, will have a negative impact.
• QUALITY: A combination of issues such as a shortage of resources, a tight delivery timetable, and frequent changes to requirements will have an impact on the product tested quality.