What is meant by risk? how you can avoid the risks?
Risk can be anything that leads to failure / defect / error in the apllication or process.
We can avoid risk by applying proper risk matrix in the process.Risk Matrix shows the controls within application systems used to reduce the identified risk, and in what segment of the application those risks exist.
Consider,Team members are leaving from the organization in the middle of the project is the risk for the Manager.For that he can take the preventive action by ask for the bond from the employee or can have the countable backups in the project.