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The Certified Information Systems Auditor Review Manual 2006 by ISACA provides this definition of risk management: "Risk management is the process of identifying vulnerabilities and threats to the information resources used by an organization in achieving business objectives, and deciding what countermeasures, if any, to take in reducing risk to an acceptable level, based on the value of the ...
Software safety (sometimes called software system safety) is an engineering discipline that aims to ensure that software, which is used in safety-related systems (i.e. safety-related software), does not contribute to any hazards such a system might pose. There are numerous standards that govern the way how safety-related software should be ...
Risk assessment determines possible mishaps, their likelihood and consequences, and the tolerances for such events. [1] [2] The results of this process may be expressed in a quantitative or qualitative fashion. Risk assessment is an inherent part of a broader risk management strategy to help reduce any potential risk-related consequences. [1] [3]
Software engineering is a field within computer science and a branch of engineering focused on designing, developing, testing, and maintaining of software applications. It involves applying engineering principles and computer programming expertise to develop software systems that meet user needs.
Risk-based testing (RBT) is a type of software testing that functions as an organizational principle used to prioritize the tests of features and functions in software, based on the risk of failure, the function of their importance and likelihood or impact of failure. [1] [2] [3] In theory, there are an infinite number of possible tests.
Reliability engineering – Sub-discipline of systems engineering that emphasizes dependability; Risk assessment – Estimation of risk associated with exposure to a given set of hazards; Subject-matter expert – Authority in a particular area or topic; Taguchi methods – Statistical methods to improve the quality of manufactured goods
Probabilistic risk assessment (PRA) is a systematic and comprehensive methodology to evaluate risks associated with a complex engineered technological entity (such as an airliner or a nuclear power plant) or the effects of stressors on the environment (probabilistic environmental risk assessment, or PERA).
Risk register – A project planning and organizational risk assessment tool. It is often referred to as a Risk Log. It is often referred to as a Risk Log. Systems Analysis Programs for Hands-on Integrated Reliability Evaluations (SAPHIRE) – A probabilistic safety and reliability engineering assessment software tool.