While the base processes are fundamentally the same, managing risk in an agile environment is approached differently. This video discusses those differences and how you can maximize your risk management effectiveness in an agile environment.
- Ever have the feeling you've experienced something before…like your life history is repeating itself?…When you're managing risk on an agile project,…that's the case and it's absolutely fantastic.…The iterative nature of an agile project…is ideal for risk management if you have the right mindset.…Here are my recommendations for performing risk management…in an agile environment.…First, understand that by design…risks will change more rapidly in an agile environment.…
At the end of every sprint you may add, delete,…or reprioritize features.…This flexibility in providing functionality…for the client is great,…but it also changes the risk profile…for your upcoming sprint and potentially the entire project.…For example, let's say you're working on a project…to create an executive dashboard for your company.…The dashboard will provide your senior management team…with critical information about financial status,…competitors' performance, and sales projections.…
Each feature that is produced could surface risks…such as ensuring that data retrieved…
Note: This course follows the latest guidance from Project Management Institute, Inc., as outlined the PMBOK® 6 Guide.
- Explore why dealing with risks needs to be part of the everyday process used to manage a project.
- Learn to outline the most common, pragmatic approaches to identifying risks specific to a project.
- Recall methods for qualifying and quantifying your risks to determine specific risks and manage their costs.
- Examine the primary considerations for a project risk plan and what components should be included in every plan.
- Assess techniques that help you identify the overall risk a project presents to your business.
- Examine several risk analysis and filtering examples that help ensure you've addressed individual risks properly on your project.