Friends,I want to know What is exactly Risk Analysis while testing an application. As we are given requirements to understand the system functionality. As I know I am telling you. Does these question are arise during Risk Analysis.

1. As we start to understand the requirements, We define Severity and Priority.
2. What function could impact on the system.

So these are the part of Risk Analysis before Testing an Application. Share your experience please.

Thanks & Regards,
Robin Tyagi