ADVANCED AGILE RISK

MANAGEMENT

3 Points of Risk Management in Agile work

What is RISK?

Risk Noun 1. a situation

involving exposure to danger.

Biggest Project Risks Deliver the Wrong

Thing Deliver the Right

Thing Too Late Deliver something

that does not work.

Being Agile Reduces Risk

Incremental Delivery of Working

ProductsCustomer Demos

Fail FastValue PrioritizedLoosely Coupled

ModulesDistributed

Decision Making

Deliver the Wrong Thing

Deliver the Right Thing Too Late

Deliver something that does not work.

Identify

Evaluate

PrioritizeRespond

Track

Risk Management

Probability/Impact Risk Statement

Some event may occur which may result in some consequence.

It is only a risk if you cannot PROVE it. Difference between a risk and

assumption An assumption you believe has a 100%

probably Positive Risk

Risk Language

Focus on the important Make Risk Visible Involve Everyone Make It Living Make it FAST

Principles

Find the risks

Identification

Chartering Story mapping Planning Retrospectives

When to do Identification

An assumption is a thing or action that is accepted as true or as certain to happen.

Assumptions only valid if you CANNOT prove otherwise

Chartering, Story Mapping, Planning What assumptions are you making? Include these in the following analysies

Assumption Analysis

SWOT

Strength Weakness

Opportunity

Threat

Internal/External Good Questions Perspectives: Marketing,

Sales, Customer, Shareholder

Quality Facilitation Personality types Risks Oversimplification

InternalQuestions

Strengths Weaknesses What makes you better than… What do actions do you do

well What do others say you do

well Why do people use/purchase

your product/service What advantages do you have What can you do that no one

else can do

What could you improve What do you doo poorly What should you avoid What do others say you do

poorly What can your competition

do that you cannot Where have you

historically done poorly

ExternalQuestions

Opportunities Threats What opportunities

face you What trends are you

aware of in your market

What changes in: Technology, government policy, social patterns are you able to exploit

What obstacles do you face Who might cause you

problems now or in the future?

What is your competition doing well that gives them an advantage over you

What technology, government, social events or patterns could harm you

Ishikawa

Root Cause(s) Defect

Machine Method Materia

l

People Environments

Measurement

ReverseIshikawa

Feature

Machine Method Materia

l

People Environments

Measurement

Identify

Assess

PrioritizeRespond

Track

Risk Management

Define

Probability Impact 1 = 0 – 10% 2 = 11 – 20% 3 = 21 – 50% 4 = 51 – 75% 5 = 75 – 100%

Or something like that you decide

How will you determine impact?

Cash? Delay? Other? Quantify the impact

Risk Probability1-5

Impact1-5

Risk Rating(P*I)1-25

The one developer who knows Cobol might leave

1 5 5

Bill HB-22345 includes language that may reduce our ability to sell this product

4 2 8

Our vendor does not follow an agile approach and may not be able to deliver late arriving requirements

3 5 15

Simple Analysis

Define

Probability Impact 1 = 0 – 10% 2 = 11 – 20% 3 = 21 – 50% 4 = 51 – 75% 5 = 75 – 100%

Or something like that you decide

How will you determine impact?

Cash? Delay? Other? Quantify the impact

Risk Probability1-5

Impact1-5

Risk Rating(P*I)1-25

The one developer who knows Cobol might leave

1 5 5

Bill HB-22345 includes language that may reduce our ability to sell this product

4 2 8

Our vendor does not follow an agile approach and may not be able to deliver late arriving requirements

3 5 15

Simple Analysis

Assessment

5 5 10 15 20 25

4 4 8 12 16 20

3 3 6 9 12 15

2 2 4 6 8 10

1 1 2 3 4 5

1 2 3 4 5

Prob

abilit

y

Impact

Identify

Assess

PrioritizeRespond

Track

Prioritize

Identify

Assess

PrioritizeRespond

Track

Respond

Identify

Assess

PrioritizeRespond

Track

Track

Summary