GDP measures the monetary value of final goods and servicesâthat is, those that are bought by the final userâproduced in a country in a given period of time (say a quarter or a year). It counts all of the output generated within the borders of a country.
Product audit â An examination of a particular product or service (hardware, processed material, software) to evaluate whether it conforms to requirements (that is, specifications, performance standards, and customer requirements). Process audit â A verification that processes are working within established limits.
In practice, the differences between process risks and product risks are often unclear. It is therefore important for a test manager to make sure that the stakeholders understand the difference.The test process must result in an understanding of the (ongoing) product risks.rocess risks represent a threat to achieving this result. Product risk. A product risk is the risk that the product does not live up to the expectations. Such expectations are rendered concrete by the functional and non functional requirements for a product.