This post is from LeadingAnswers: Leadership and Agile Project Management Blog by Mike Griffiths. Click here to see the original post in full.
Last month we looked at how agile methods provide multiple opportunities for embracing proactive risk management. The prioritized backlog, short iterations, frequent inspections and adaptation of process map well to tackling risks early and checking on the effectiveness of our risk management approach.
We want to overcome many of the correct-but-not-sufficient aspects of risk management seen too often on projects:
Poor engagement - dry, boring, academic, done by PM, does not drive enough change
Done once – typically near the start, when we know least about the project
Not revisited enough – often “parked” off to one side and not reviewed again
Not integrated into project lifecycle – poor tools for task integration
Not engaging, poor visibility – few stakeholders regularly review the project risks