The biggest challenge of software testing community is to adequately test software products/applications in hyper competitive market space where time to market is of highest essence. As a result software product/application gets released even before the product becomes adequately stable and is infused with dream quality. Especially with software products catering to different organizations with different needs in terms of functionality and technology ,the situation gets more complicated. One challenge which the product companies are facing is in the space of interoperability in different technologies.

Also the products can be developed from the scratch as a green field development and the products may be in sustenance engineering phase. Challenges of testing in these scenarios are different. For testing adequacy situation gets worse when the product goes through frequent releases. Classical approach of testing will not be able to answer these complications .It is imperative that under the circumstances the test manager need to put the hat of a business manager and plan things accordingly and ROI of test effort becomes one very important parameter, not only the defect detection.

This paper presents a testing strategy on how risk based testing approach can be effectively utilized to face these challenges and we get maximum value for money of the testing effort

Subhasis is an entrepreneurial executive with strong technical background and over fifteen years of experience in managing IT Products and IT services business including – opportunity assessment, planning, projects management, consulting, pre-sales, support, quality assurance for numerous software applications/products in Banking , Elearning, E-Governance ,Supply Chain Management [SCM],Supply relationship Management[SRM] and IT Infrastructure.

Subhasis is presently working in EMC, 14 billion dollar USA based ITIL solution based product company. Subhasis is a certified Project Management Professional (PMP) and holds PGDIT, from AIIMAS, Chennai and MBA(International Business) from ECU,Australia and EGMP from IIM Bangalore as well a degree in engineering
from B.E. College, Calcutta University. He is also specialized in lean six sigma and he is certified lean six sigma Green Belt. MCP and MCDBA certifications from Microsoft also go to his credit. Also he is certified in ITIL foundation
course.

Subhasis has also presented papers in various conferences like in QAI, step-in auto summit. His paper “challenges of testing in SPO organization” was selected amongst the best 16 papers in this forum and he was one of the speakers in
this conference in 2007. Also he was one of the speakers in 4th International Colloquium on IT Service Management organized by QAI and his paper in “lean six sigma in ITIL service management” was selected in top 20 papers.