Most of certified agile masters think that a great deal of explicit risk management becomes unnecessary when a project uses an agile approach. With a short iterations, single-minded focus on working software, heavy emphasis on automated tests, and frequent customer deliveries help teams avoid the biggest risk most projects face—that of eventually delivering nothing. Many agile projects rejects any form of explicit risk management. I think it is better always actively manage risk in any types of methodologies.
As a definition of the risk, it is the “uncertainty that matters” and if this uncertainty happen it impacts one or more objectives in either a negative (threats) or a positive (opportunities) manner. Risk management is about identifying, addressing, and eliminating sources of risk before they become a threat to the company. There is a common agile way how to manage the risks. [Read more…]