Risk Analysis in softawre engineeing

There are a few well-known types of risk analysis that canbe used . In software engineering, risk analysis is used toidentify the high-risk elements of a project. It provides waysof documenting the impact of risk mitigation strategies. Risk analysis has also been shown to be important in the softwaredesign phase to evaluate criticality of the system, where risksare analyzed and necessary countermeasures are introduced. The purpose of risk analysis is to understand risk betterand to verify and correct attributes. A successful analysisincludes essential elements like problem definition, problemformulation, data collection

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