Identifying and analyzing risks to control them falls under which process?

Study for the ISTQB Advanced Level Test Analyst Exam. Engage with flashcards and multiple-choice questions, each with hints and explanations. Boost your exam readiness!

The correct answer is risk management because it encompasses the entire process of identifying, analyzing, and controlling risks throughout a project or testing lifecycle. Risk management is a systematic approach that includes various steps such as risk identification, assessment, prioritization, and planning risk responses to mitigate or eliminate the impact of threats on the project.

Within risk management, identifying risks involves recognizing potential issues that could affect the project, analyzing them helps in understanding their implications and occurrence probabilities, and controlling them involves putting measures in place to minimize their impact. Therefore, it is appropriate to categorize the overall process, which includes these components, under risk management rather than just one subset like identification or assessment.

Risk identification focuses strictly on recognizing potential risks, while risk prioritization deals with determining the significance of those risks. Risk assessment is relevant as it evaluates the identified risks in terms of their likelihood and consequences, but does not cover the complete scope of control and response strategy that risk management entails. Thus, risk management represents the comprehensive process involved in dealing with risks effectively.

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