As a technical test analyst, you are involved in a risk analysis session using the...

Failure Mode and Effect Analysis (FMEA) is a structured approach to identify and address potential failures in a system, product, process, or service. The major factors involved in calculating risk priorities in FMEA are typically the severity of the potential failure, its likelihood of occurrence, and the ability to detect it. These factors are usually combined to form a Risk Priority Number (RPN) for each potential failure mode identified. However, the specific factors mentioned in the options like functionality, reliability, usability, maintainability, efficiency, and portability are quality characteristics that could be considered in an FMEA analysis but are not directly used for calculating risk priorities. Likewise, financial damage, frequency of use, and external visibility might influence the severity or impact of a failure, but they are not standard factors in calculating risk priorities in the context of FMEA. Therefore, the most relevant factors for calculating risk priorities in an FMEA context would typically be the likelihood of the failure occurring and its potential impact, which aligns with option C: Likelihood and impact.

It's important to note that while these explanations are based on general principles and practices related to fault seeding and FMEA, the specifics might vary slightly in different contexts or with different methodologies.