The Agile Enterprise: Using Risk Management Standards - A Look at the Role of PMI and ISO Standards in Agile

Featuring Stelian ROMAN - September 20, 2019

Overview

Risk Management is one of the hardest and most underused areas in traditional Project Management. Recognizing the importance of this discipline, PMI has developed standards, extending the PMBOK® Guide in an area that is crucial for delivery success. Other international organisations, like ISO and COSO, developed similar standards, looking at Risk Management from the Enterprise perspective.

Most Agile frameworks developed for small software teams (relative to the size of an organisation) believe that adopting Agile is a Risk Mitigation approach and/or that in Agile risk is reduced compared with the traditional planned approach, wrongly limited to "waterfall" software development. Apart from the fact that there is no empirical or scientific evidence of that, most Agile practitioners can't or won't look at the dual aspect of risk (positive and negative), missing one of the significant benefits of Agile – opportunities management, or in other words, positive risks. Considering Risk Management from the Agile perspective, this webinar is a review of how Risk Management practices and standards can be scaled down and adopted by Agile Teams.

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Acknowledgements: Laura Schofield and Derrick May

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