What does product risk assessment focus on?

Product risk assessment is primarily concerned with identifying and analyzing the potential risks associated with the product being tested. This process enables teams to focus on the areas that pose the highest risk, which in turn allows for the design of targeted tests aimed at mitigating those risks. By prioritizing the most critical aspects of the product, teams can allocate their resources more effectively, ensuring that the most significant issues are addressed first.

In contrast, establishing a budget for testing relates to financial management rather than risk assessment, while evaluating team performance focuses on the effectiveness of the testing process itself. Ensuring compliance with industry standards is more about meeting regulatory and quality assurance requirements than it is about identifying product-specific risks. Therefore, focusing on the identification of the highest risks in the test object is essential for a successful testing strategy.