IQBBA Standard glossary of terms used in Software Engineering 1.0
Risk category: See risk type. Risk control The process through which decisions are reached and protective measures are implemented for reducing risks to, or maintaining risks within, specified levels. Risk identification The process of identifying risks using techniques such as brainstorming, checklists and failure history. Risk level The importance of a risk as defined by its characteristics impact and likelihood. The level of risk can be used to determine the intensity of testing to be performed. A risk level can be expressed either qualitatively (e.g. high, medium, low) or quantitatively.