Description: Risk-Based Testing is a testing methodology that prioritizes the evaluation of software features and functionalities based on their likelihood of failure and the impact such failure could have on the business. This approach allows development and quality assurance teams to focus their efforts on the most critical areas, thereby optimizing the use of resources and time. By identifying and assessing the risks associated with different components of the software, tests can be designed to specifically address the areas of greatest concern. This not only improves the efficiency of the testing process but also increases the likelihood of detecting significant defects before the software is released to the market. Risk-Based Testing is particularly useful in various development environments, where development cycles are short and speed of delivery is essential. This approach also fosters a culture of collaboration between development and testing teams, as both must work together to effectively identify and mitigate risks.
