Risk management in Agile software development projects
In Agile risks are identified continuously during sprint planning, demos, retrospectives, and daily stand-ups.
Set up expert interviews
Gain expert opinion. Ask open-ended questions, for example: What problems do you foresee? What problems have you had on similar projects? What are you most worried about on this project? What might go right? What may go wrong?'. Prepare well and plan how to conduct the interview in order to be most effective.
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- Identify risks continuously
- Practise active listening
- Identify team dysfunctions
- Differentiate between a Risk and an Issue
- Create a safe team environment
- Involve stakeholders when identifying risks
- Use risk categories to identify more risks
- Brainstorm risks
- Conduct a pre-mortem to identify more risks
- Set up expert interviews
- Set up an anonymous system for reporting risks
- Identify risk triggers
- Prioritise risks
- Assign risk owners
- Evaluate and prioritize risks
- Control risks
- Monitor and review risks
- Plan response strategies
- Consider residual and secondary risks
- Assess risk interactions
- Learn from other teams
- Identify assumptions
- Check historical records
- Determine whether you need more formal risk management
- Check if your team identified Safety or Health risks
- Define your risk appetite
- Use the cause-risk-effect format to name risks
- Create a Risk Burndown Chart
- Make a Risk-adjusted Backlog
- Create a Risk Board
- Continuously improve