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Differences between Severity ,Priority and Status

In market there are many bug tracking and project management tools available. These tools allow us to keep essential information of a bug or task. You will see there are three places have to fill when key in a task. Those three places are Status, Priority and Status of a bug/task. Let's see what those stand for. 
Severity
Priority
Status
Connotation
Severity of a bug means how much it affecting to functionality of the software. Total damage it can do.
Priority means how fast a bug or task should be resolve.
Status means the current position of the bug/task.
Types
          Critical
          Major
          Moderate
          Minor
          Cosmetic
         Low
         Medium
         High
         New
         Active/Open
         Resolved/Fixed
         QA In progress
         Reopen
         Closed/Completed 




What is the different between major bugs and critical bugs?


Critical
Major
Tester cannot go further with testing. System terminates/ crashes with this bug and no alternative methods to perform the test. This is an end point of test.

Tester cannot go further with testing. System terminates/ crashes with this bug but there are alternative methods to perform the test.
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