Patent ID: 8584092

Claim:
A method comprising: displaying a graphical user interface configured to facilitate identification of one or more defects within a software instance; receiving data, via said graphical user interface, representative of at least one instruction to assign a predefined numerical severity risk value, a predefined numerical impact risk value, and a predefined numerical likelihood risk value to each of said one or more defects, said severity risk value assigned to each of said one or more defects quantifying a degree to which each of said one or more defects will affect a functionality of said software instance, said impact risk value assigned to each of said one or more defects quantifying a degree to which each of said one or more defects will affect end user satisfaction with said software instance, and said likelihood risk value assigned to each of said one or more defects quantifying a likelihood that each of said one or more defects will occur during an execution of said software instance; generating a defect risk factor corresponding to each of said one or more defects that indicates a risk level of each of said one or more defects, said generating based on a combination of said severity risk value, said impact risk value, and said likelihood risk value corresponding to each of said one or more defects; and generating a software risk factor corresponding to said software instance that indicates a risk level of said software instance by summing said defect risk factors corresponding to each of said one or more defects.