Agile Quantitative Risk Analysis
Abstract:
In today’s world of fast paced technology and continually changing requirements and project scope, the need for Agile Project Management has greatly increased. This calls us to ask how do standard critical project management methodologies like Risk Management fit into Agile Practices.
What is Agile Risk Management and when does it make sense to use it? How Qualitative Risk Analysis relates to Agile and how it is incorporated into Agile Practices will be evaluated. Recommendations for implementing Agile Risk Management will be provided along with best practices and how organizations are applying this into practice.
Risk Management is not only a practice and discipline, it is an Art. Knowing the tools and techniques is not sufficient for success. The nuances of how Risk management is incorporated into agile practices is what generates project success. When requirements and environmental conditions are in flux, our ability to anticipate Risk and plan for it, is critical to managing projects with agility.
