How are Changes incorporated in Portfolios and Programs? Any change that arises in either the programs or portfolios may have a cascading effect on all dependent projects and Sprints. Therefore, within the Scrum framework, it is advisable to minimize changes at these higher levels. In a Scrum Portfolio: 1. It is not recommended to make…
How is Change management embedded into the Scrum Framework? Depending on the industry and type of project, the priority of features and requirements for a project may remain fixed for significant durations of time, or they may change frequently. If project requirements are generally stable, there are typically only minor changes made to the Prioritized…
How does Scrum treat risk differently? Scrum and most of the traditional project management methods define risk as ‘uncertain event(s) that could positively or negatively affect the achievement of project objectives.’ Also, risks are identified, assessed, planned for, and communicated continually. In Traditional project management models, there is emphasis on detailed upfront planning to identify,…
How is risk mitigated in Programs and Portfolios? While some risks are specifically related to individual projects, others may originate in programs or portfolios and will generally be managed there itself. However, risks related to a portfolio or program will also impact projects that are part of the respective portfolio or program. During risk assessment…
How does Scrum strike a balance between flexibility and stability? Today almost all industries and markets are exposed to constant changes. Changes come in the form of government policies, new tax rules, everyday advance in technology, consumer psyche, product or service demand, media influence, social media trend, buying motivation and many more. Whatever the reason,…
How does Scrum deal with risks? Being an Agile, iterative process, the Scrum framework inherently minimizes risk. The following Scrum practices facilitate the effective management of risk: 1. Flexibility reduces business-environment-related risk Risk is largely minimized in Scrum due to the flexibility in adding or modifying requirements at any time in the project lifecycle. This…
The Prioritized Product Backlog is a single requirements document that defines the project scope by providing a prioritized list of features of the product or service to be delivered by the project. The required features are described in the form of User Stories. User Stories are specific requirements outlined by various stakeholders as they pertain…
How can risk be managed? Risk Management consists of five steps: 1. Risk identification: Using various techniques to identify all potential risks 2. Risk assessment: Evaluating and estimating the identified risks 3. Risk prioritization – Prioritizing Risk to be included for specific action in the Prioritized Product Backlog 4. Risk mitigation: Developing an appropriate strategy…
How does Scrum embrace ‘Change’? The Scrum methodology of product and service development and management understands the importance Change in the current market. Change is a truth that cannot be overlooked or escaped. Therefore, the best way to deal with the concept of change is to accept it and adapt accordingly. This principle is entwined…
How to identify risk? 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…
