The concept of an Agile Enterprise was defined in 1991 as a recognition that Lean Six Sigma would be unable to meet the demands of the 21st-century markets. A decade later, the Manifesto for Agile Software Development introduced the approach to build software applications: “uncovering new ways by doing it and helping others to do it”. Unlike the Enterprise version of Agile Manufacturing, the software version of Agile had a limited understanding of risk and risk management. Risk was perceived as a negative aspect of product development and Agile as a way to minimise or even eliminate them. Twenty-five years later, Agile teams and practices matured, and risk management had become a hot topic among Agile practitioners and enterprise leaders. Project Management professionals are curious to know how Risk Management evolved in Agile and Enterprise Agile contexts. Is the traditional risk register obsolete? How do teams handle enterprise-level risks?
In principle, according to the Agile mindset, Risk Management in Agile environments should be more continuous, visible, and integrated with delivery than in traditional, document-heavy processes. There is also growing recognition among Agile Teams that Risk Management is not just about avoiding threats, but also about surfacing and seizing opportunities. This blog post explores the unique challenges of risk management in agile enterprises and provides practical recommendations.
Blog post: Risk Management in Agile Enterprises: Evolving Practices for Modern Delivery
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