Posts Tagged ‘ Risk ’

Risk Management in Program and Portfolio

April 9, 2018
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Risk Management in Program and Portfolio

Managing risk must be done proactively, and it is an iterative process that should begin at project inception and continue throughout the life of the project. The process of managing risk should follow some standardized steps to ensure that risks are identified, evaluated, and a proper course of action is determined and acted upon accordingly.…

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What is Risk Attitude of Stakeholders?

April 4, 2018
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What is Risk Attitude of Stakeholders?

Stakeholder(s) is a collective term that includes customers, users, and sponsors, who frequently interface with the Product Owner, Scrum Master, and Scrum Team to provide them with inputs and facilitate creation of the project’s product, service, or other result. Stakeholder(s) influence the project throughout the project’s development. Thus it is important to understand the risk…

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Risk Management in Scrum

June 19, 2017
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Risk Management in Scrum

Risk is defined as an uncertain event that can affect the objectives of a project and may contribute to its success or failure. Risks with a potential for positive impact on the project are called opportunities, whereas threats are risks that could negatively impact a project. Managing risk must be done proactively, and it is…

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How are decisions made in Scrum?

May 24, 2017
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How are decisions made in Scrum?

How are decisions made in Scrum? In Scrum, decisions are made based on observation and experimentation rather than on detailed upfront planning. Empirical process control relies on the three main ideas of transparency, inspection, and adaptation.   Transparency Transparency allows all facets of any Scrum process to be observed by anyone. This promotes an easy…

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