Keith JonesProject Manager| Evangel UniversitySpringfield, Mo, United States
I want to learn agile, but it kinda feels like the Wild Wild West. I have my PMP cert and have hear about Scrum and PMI-ACP, but want to find some book(s) that explain agile and make sense of all the branches that we now have. Does anyone have a good resource(s) to give an overview of change driven projects, what types of variations exist, and what each variation exist for? Saving Changes...
I would also recommend other methods, beyond books - unless you already found them. There is an Agile group in my area that has been very helpful. Here is something that may be closer to you...
http://www.meetup.com/Ozark-Regional-Agile-User-Group/
I am still in the learning stages, but a few foundational elements from my standpoint:
* Agile is a broad field beyond Software (as Sergio will tell you)
* These days - for right or wrong - Agile is used as a synonym to Agile Software Development
* There are different ways of Agile - Scrum is just one way
* PMI-ACP covers Agile broadly and is not limited to Scrum Saving Changes...
The presenter (Sally Elatta) has shared lot of valuable insights on Agile, plus loads of giveaway as presentations, webinars, tools, cheat sheets, etc.
Sergio Luis ConteHelping to create solutions for everyone| Worldwide based OrganizationsBuenos Aires, Argentina
First of all, you have to understand that agile is not IT or software, agile is not a method or methdology, agile is not a life cycle. You can check this to understand about agile: http://www.projectmanagement.com/discussio...on-about-agile. I have the opportunity to write a short article for PM Network ("Perfectly Positioned, http://www.pmnetwork-digital.com/pmnetwork...16?pg=73#pg73). So, avoid most of the buzzwords outside there (like "agile project management"). Second, about certifications, PMI-PBA is a generalistic certification. Then, you have the others that are specif to a method or methodology. For example, I have the related to DSDM (while I have the PMI-PBA too) Saving Changes...
Mike GriffithsPresident| Leading AnswersCanmore, Alberta, Canada
The formula for calculating the Expected Monetary Value of a risk is quite simple, the difficult part is estimating the values accurately. Anyway, to Calculate EMV:
1. Assign a probability of occurrence for the risk. e.g. 25%
2. Assign monetary value of the impact of the risk when it occurs. e.g. $8,000
3. Multiply the two values together. e.g. 25% x $4,000 = $2,000
So a risk with a 25% chance of occurrence and a $8,000 impact has a $2,000 Expected Monetary Value (EMV).
However, we also need to be aware of Secondary risks (sometimes created as a result of our risk avoidance or mitigation strategy) and Residual Risks (risks left over after our risk response). This is all covered in the white paper I referenced and can also be read about here: