Risk is the possibility of a negative or undesirable outcome or event. The level of risk is found by

assessing the likelihood of occurrence of the risk and the impact of the risk. When the primary effect of

the potential problem is on product quality, potential problems are referred to as quality risks or

product risks. When the primary effect of the potential problem is on project success, potential

problems are referred to as project risks or planning risks .

In Agile projects, quality risk analysis takes place at two places.

• Release planning: business representatives who know the features in the release provide a high-level overview of the risks, and the whole team, including the tester(s), may assist in the risk identification and assessment.

• Iteration planning: the whole team identifies and assesses the quality risks.