Describe how to perform Risk Analysis during software testing.
Whereas a test plan is being formed, risks involved in testing the product are to be taken into consideration along with possibility of their occurrence and the damage they might be cause along with solutions; if any. Detailed study of this is known as Risk Analysis.
Some of the risks could be:
New Hardware
New Technology
New Automation Tool
Sequence of code delivery
Availability of application test resources
Identify and explain the risk magnitude indicators: High, Medium and Low