When I first heard about risk-based testing, I interpreted it as an approach that could help devise a targeted test strategy. Back then I was working with a product-based research and development team. We were following Scrum and were perpetually working with tight deadlines. These short sprints had lots to test and deliver, in addition to the cross-environment and non-functional testing aspects.
This is a companion discussion topic for the original entry at http://feedproxy.google.com/~r/gurock/~3/Bp_r5N8vx68/