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Risk Management in Agile

May 3, 2013

There is no definite consensus on the need for risk management within the Agile method. This has led many to believe that risk management is irrelevant in an iterative model. Some follow the approach of ignoring risks until they manifest into issues; they then manage them through the natural sprint progression. One expert feel it's better to manage risks proactively in Agile.

Risk Management_The Key To Avoid Delays

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Risk--The Unknown Circumstances that may be fatal for the project if not dealt earlier. It includes any type of uncertainty viz:-

Risk-Adjusted Backlog

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Value Driven Delivery|Value Driven Delivery

Risk-based-Spike

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Problem Detection and Resolution|Problem Detection and resolution

Risk-Management

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Rolling Wave Planning

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Definition

Root Cause Analysis

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A technique used to identify the conditions that initiate the occurrence of an undesired activity or state. Once the root causes are identified, steps to eliminate them can be determined. The result of this technique can be summarized using Ishikawa Diagrams. The key to applying the technique is to take problems expressed by the customers (not perceived problems) and determine if the statement sounds like an effect, a problem, or a cause. Remedies should be aimed at the root causes and not the problems or the effects.

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