From the course: Cert Prep: PMI Agile Certified Practitioner (PMI-ACP)®
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Risk tracking
From the course: Cert Prep: PMI Agile Certified Practitioner (PMI-ACP)®
Risk tracking
- In many ways, simply using Agile practices is a form of risk mitigation in itself. The flexibility and short delivery cycles of Agile reduce risk because the team is fully focused on delivering value and clearing any obstacles that get in the way of that mission. Regular feedback from your stakeholders ensures that any expectations-based risks are automatically mitigated. Finally, since you're delivering value every iteration, the risk of a complete loss on the project investment is small. You could argue that low-risk Agile projects don't need to do any formal risk tracking at all. Many of these types of Agile projects don't, and that's fine. However, the larger the Agile project is, the more likely you'll need to be a bit more diligent in your approach to risk. Once you've held your risk identification meeting and created a risk register, monitoring your risks is something you simply blend into the other Agile processes you're following. For every sprint, there's a sprint planning…
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