Analysis of the Risk Assessment Methods - A Survey

Risk assessment methods are one of the most important elements in the process of risk management. They are a vital element of software project management and software testing. Practitioners, particularly researchers, are interested in evaluation of these methods for their applicability, strengths, and weaknesses for particular scenarios. This paper surveys and analyzes several risk assessment methods from different perspectives. The paper characterizes the methods appearing in literature during a considerably large time span. The survey is expected to be helpful both to the practitioners and researchers in providing relevant information that could be used for improving the process of risk assessment or for developing new methods and it gives information that could be used in the evolution process of the risk assessment methods.