Agile Risk Management: Running the Games (Part 1)
This is the third part in a series on agile risk management; Part 1 looked at the opportunities agile methods offer for proactive risk management, while Part 2 examined the benefits of engaging the whole team in risk management through collaborative games and cautioned us about groupthink. This article walks through those games and explains how to engage a team in the first three of the six risk management steps.
The PMI risk management lifecycle comprises of:
- Plan Risk Management
- Identify Risks
- Perform Qualitative Risk Analysis
- Perform Quantitative Risk Analysis
- Plan Risk Responses
- Control Risks
These phases can be addressed collaboratively via the following team exercises:
Plan Your Trip (Plan Risk Management)
- 4Cs: Consider the Costs, Consequences, Context and Choices
- Are we buying a Coffee, Couch, Car or a Condo? How much rigor is appropriate and what is the best approach?
- Deposits and Bank Fees – understanding features and risks
Find Friends and Foes (Risk and Opportunity Identification)
- Doomsday clock
- Other risk identification forms (risk profiles, project risk lists, retrospectives, user story analysis, Waltzing with Bears - Top 5-10 for software)
Post Your Ad (Qualitative Risk Analysis)
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