Is this the right way to test an application?

[soumya]

The following was taught at my institute, i'd like to know if this is the acceptable procedure or not. kindly spare time to read this.

Study the documents provided. BRS, FRS, SRS.
Launch the application
Prepare test cases
Prepare test data document

Under the project folder, create the following subfolders:
Basic script
drivers or driver script(not sure)
libraries
object repository
test cases
test data
log

Under basic script, we have to store scripts which are just recorded. that is, enhanced scripts are not supposed to be stored here
driver script-- the enhanced script
in log, the results are to be stored

libraries and object repository are obvious.

there is another format taught by another institute:

create folders of modules ie; admin, client, employee
under each module create the following sub folders:
BDD
Build number
Defect profile document
Requirement traceability matrix
test case document
test plan document
test requirement document


Thank you for your time!