Preview

Case Study on Risk Analysis

Good Essays
Open Document
Open Document
3460 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Case Study on Risk Analysis
A Case Study in Successful Risk-Based Testing at CA Introduction This article presents a case study of a risk-based testing pilot project at CA, the world 's leading independent IT management software company. The development team chosen for this pilot is responsible for a widely-used mainframe software product called CA SYSVIEW® Performance Management, an intuitive tool for proactive management and real-time monitoring of z/OS environments. By analyzing a vast array of performance metrics, CA SYSVIEW can help organizations identify and resolve problems quickly. Companies are highly dependent on the reliability of their mainframe systems. If the mainframe doesn’t run, the company stops. Mainframe workloads also are growing considerably as companies’ businesses grow and as they continually seek to leverage data and applications in new ways. At the same time, these companies are losing their experienced mainframe workforce, largely to retirement. This makes the quality of their mainframe management tools even more important to them. CA piloted risk-based testing as part of our larger effort to ensure the quality of the solutions we deliver. The pilot consisted of six main activities: • • • • • • Training key stakeholders on risk-based testing Holding a quality risk analysis session Analyzing and refining the quality risk analysis Aligning the testing with the quality risks Guiding the testing based on risks Assessing benefits and lessons

This article addresses each of these areas – as well as some of the broader issues associated with risk-based testing. What is Risk-Based Testing? Generally speaking, risk is the possibility of a negative or undesirable outcome or event. Testing is concerned with two main types of risks: • Product or quality risks, which are problems that can potentially affect the quality of the product itself, such as a defect that could cause a system to crash during normal operation. Project or planning risks, which are problems that can

You May Also Find These Documents Helpful

  • Better Essays

    Mba/540 Risk Analysis

    • 862 Words
    • 4 Pages

    An investment strategy is a set of rules, behaviors or procedures, designed to guide an investor 's selection of an investment portfolio. Usually the strategy will be designed around the investor 's risk-return tradeoff: some investors will prefer to maximize expected returns by investing in risky assets, others will prefer to minimize risk, but most will select a strategy somewhere in between. Passive strategies are often used to minimize transaction costs, and active strategies such as market timing are an attempt to maximize returns.…

    • 862 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Create daily incremental backups of data, and have back up equipment ready to be installed…

    • 341 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Criminogenic needs can be described as changeable risk factors, that when reduced, result in reduced criminal behaviour. These needs are termed “criminogenic” because they are empirically related to criminal conduct and when reduced, lead to reductions in future reoffending. Therefore, changes in criminogenic needs have a desired effect on changes in criminal behaviour. In the Risk Assessment case study, a number of these criminogenic needs as well as the “central eight” risk factors are evident contributors to the criminal nature and history of the accused. The first and most important criminogenic need in respect to the case is the Family/Marital factor. The accused believed that his wife had been having an affair and he constantly accused her of infidelity and being seductive with other men. These feelings of insecurity led to many years of constant arguments and assault cases with his wife up until he killed her. This is evident in the fact that the first assault case filed against him was when he was aged 37 and the cases lingered up until the accused was 42. This criminogenic need also directly relates with the family and/or marital “central eight” risk factor. The second most important criminogenic need in respect to the case is the Substance Abuse factor. The substance being abused in this case is alcohol. The accused is of the opinion that his antisocial and violent behaviour is motivated by alcohol abuse. Alcohol substance abuse can also be traced in the impaired driving charges accrued by the accused, which served as one of his previous convictions. Alcohol abuse can also be held responsible for his current state of unemployment as it got him fired from previous jobs. Ultimately, it could be the reason why he does not remember the incidents leading to the murder of his wife because he could have been under the influence.…

    • 420 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Three social issues that are in this case are that one, social issue in this case was Ford claimed the reason for the recall of the 1.9 million Ford Pintos was not for safety but for “reputational” reasons. This is a social issue because, after all the evidence was piled up on their company for being unsafe and hazardous, they couldn’t just admit they made a mistake and recall the vehicles to make them safer. No, they had to use the reputation card to help their company’s image in the long run so they wouldn’t lose profit. In this issue, there is no utilitarianism because there mindset in making this decision isn’t for the right reasons. There not doing it to intentionally increase the safety of everybody. One version, rule-utilitarianism, considers that, “a rule or code of behavior is morally right if, by its application, the consequences are more favorable that unfavorable to everyone.” They weren’t being moral when they made this decision. The citizens and people had nothing to do with the recall. It was their own self-pity and arrogance. Another social issue in this case is that in June of 1978, Ford knew that its fuel tank did not meet Federal Safety Standards, yet they didn’t do anything to warn the owners of this. It’s a fact that if people were warned of this issue, thousands and thousands of people wouldn’t want to buy the Ford Pinto. Being that this was a social issue, Ford was all about making a profit and hid crucial information for the public. The third of many social issues in this case are that when Ford was being prosecuted in the courtroom, they defended themselves against negligence by claiming its car was comparable to other subcompacts at that time.…

    • 918 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    1. Lab #5 – A four-paragraph executive summary written to executive management providing a summary of findings, risk impact to the IT asset and organization, and recommendations for next steps.…

    • 640 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Sy Risk Analysis

    • 646 Words
    • 3 Pages

    As Sy’s business grows there are certain risks and that must be acknowledged and addressed in order to make operations run smoothly and efficiently. Below are the risks that have been identified and recommendations to mitigate them.…

    • 646 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    7.1 explain the risk and possible consequences for children and young people of being online and using a mobile phone.…

    • 425 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    How does the leadership and governance of a health care organization influence the development and implementation of risk-management and quality-management policies?…

    • 289 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Homework 2 Solution, Fin 500Q, Quantitative Risk Management 1. Assume gold price risk is diversifiable, and the riskless rate is 5%. A firm produces a unit of gold a year from today. Assume all interest is compounded annually and is tax deductible. The price of gold is either $500 or $200, each with probability 0.5. Suppose the firm pays taxes at a rate of 40% for all its cash flow in excess of $300. The value of the firm is the expected discounted value of its cash flow less the expected discounted value of bankruptcy costs and taxes that it pays. The firm can hedge by buying/selling forward contracts on gold. Start by assuming that bankruptcy costs are zero. (a) Find the value of the unhedged unlevered firm. (10 points) Answer: 1 · [350 − 0.5 · 0.4 · (500 − 300)] = 295.238. Value of firm = 1.05 (b) Find the value of the hedged unlevered firm. (10 points) Answer: 1 Value of firm = · [350 − 0.4 · (350 − 300)] = 314.286. 1.05 (c) Find the value of the unhedged firm if it issues an optimally chosen quantity of safe debt. (10 points) Answer: Maximum riskless debt that the firm can issue is 200/(1.05) = 190.476. Value of firm = [ ] 1 200 · 350 − 0.4 · 0.5 · (500 − 300 − · 0.05) = 297.052. 1.05 1.05…

    • 1136 Words
    • 5 Pages
    Satisfactory Essays
  • Powerful Essays

    Risk Assessment Case Study

    • 2162 Words
    • 9 Pages

    The case study includes a group of hazardous waste sites in Northern New Jersey. At these waste sites a “series of unique research efforts were implemented over the past 12 years to improve the accuracy of the Risk Assessment process”…

    • 2162 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Risk Scenario

    • 4258 Words
    • 18 Pages

    The issue of risk scenario carries immense importance for most of the hospitals that are part of the healthcare setting. However, there is not only one scenario that can affect the hospitals but there are several scenarios that can create an impact on the functions of the hospital. There are three scenarios that would be highlighted in the current topic. These three scenarios have a tendency to put a hospital at risk for financial stability. The first scenario that can produce a negative impact on the hospital risk is related to patient care and safety. The second scenario is related to the physical plant. The third and last scenario is related to staffing. The role of HIM practitioner in this regard would be very important. They would serve as a clinical quality assessment resource and as a team member to perform their tasks related to healthcare work. Therefore, all the issues related to three scenarios will be discussed in detail.…

    • 4258 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    Risk Assessment

    • 1788 Words
    • 8 Pages

    FedEx Corporation is a 29 billion dollar company that offers a variety of supply chain, transportation, business and related information services (FedEx Corporation, 2006). Today FedEx consists of a network of different companies providing services to many countries around the world. FedEx Corporation is the premier provider of shipping and information services worldwide, and its companies function under the motto of "operate independently, compete collectively and manage collaboratively" (FedEx Corporation, 2006).…

    • 1788 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Risk and Return Analysis

    • 26145 Words
    • 105 Pages

    Every investment is characterised by return and risk. The concept of risk is intuitively understood by investors. In general, it refers to the possibility of incurring a loss in a financial transaction. But risk involves much more than that. The word ‘risk’ has a definite financial meaning. The possibility of variation of the actual return from the expected return is termed risk.…

    • 26145 Words
    • 105 Pages
    Powerful Essays
  • Good Essays

    1. Is a rational decision process likely to produce the best outcomes when a situation is risky or uncertain? Is an intuitive, behavioral process best used under risk or under certainty? Explain.…

    • 613 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Risk and Return Analysis

    • 7435 Words
    • 30 Pages

    Each of the group members took up each of the bank and did their respective…

    • 7435 Words
    • 30 Pages
    Satisfactory Essays