Learn Risk Management: Risk Planning in Agile and Scrum

Learn Risk Management: Risk Planning in Agile and Scrum

Product development in a complex environment always poses some risks due to its unpredictable, uncertain nature.

There are numerous types of uncertainties like business, market, technology, architecture, integration, currency, financial, marketing, and hundreds more.

Facing a large number of risks while delivering products seems to be normal. And, it is. It is common and natural. What we need to do, is manage the risk.

WHY?

Projects can fail not only from issues that present themselves as patterns but also from project risks.

This Course focuses on Risks Management and Risk Planning. Risks can make even a well-planned Agile and Scrum project go off track, so it is important to plan for and mitigate risks as much as possible. Upon completion of this course, you should be able to:

• Define the term risk.

• Define the terms impact, likelihood, and value.

• Know how to create and use an impact vs. likelihood matrix and

• Know how you can use a risk-value matrix to prioritize risks and features.

• Know how to address different rankings of problems along with the impact vs. likelihood matrix and risk-value matrix.

• Define the terms risk management plan, indicator, and action.

• Understand the difference between group anti-patterns and individual anti-patterns.

• Identify, describe, and suggest means of addressing common management anti-patterns, including analysis paralysis, cart before the horse, Groupthink, silos, vendor lock-in, overengineering, gold-plating, viewgraph engineering, fire drill and heroics, death march, micromanagement, seagull management, email as the primary means of communication, loose cannon, and intellectual violence.

• Identify and define types of risks including scope risk, technology risk, customer and stakeholder risks, and personnel risks.

• Create a risk management plan.

• And important factors related to risk monitoring…

Even though using Agile methodology reduces risk in the early phases of software development, we should also consider the idea that there is a demand to start thinking about making more room to risk management in a more formalized way.

If you’re ready to start planning risks for your next project, let’s start right now!

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Do you want to understand how to manage risk with Scrum?

I will show you how to use Transparency, Inspection, and Adaption. And empiricism to manage risks...

We will start with:

• Make a list of known risks.

• Discuss the probability of occurrence and impact on your product (solution, features, business, etc.).

• Categorize (whether the risk is business, currency, market or technology, or architecture-related).

I found these practices helpful while working with Scrum Teams. The most important part of this is a discussion that may bring value.

I will show you some strategies on how to manage these risks.

After the course, you will decide whether is it worthwhile to pay attention to the specific threat? Or rather, can we skip it over as the probability and impact are low.

ENROLL NOW!

Complete Risk Management and Risk Planning Training: Identify Project Risks, Create Risk Plan and Monitor Risks in Scrum

Url: View Details

What you will learn

• Define Risk Management in Scrum
• Identify the types of Project Risks
• Explain Risk Assessment

Rating: 4.40411

Level: Beginner Level

Duration: 1.5 hours

Instructor: Dejan Majkic