How are risks handled in Scrum?
To ensure business viability the probability of project failure must be reduced. More informed business
decisions have to be made. And it is important that risks are effectively managed through a well-
organized and methodical approach.
In a Scrum environment, risk is generally minimized, largely due to the work being done in Sprints
whereby a continuous series of deliverables is produced in very short cycles, deliverables are compared
to expectations, and the Product Owner is actively engaged in the project. However, even in the
simplest of projects, things can go wrong, so it is important to have a strategy to identify and address
risk.
Therefore, we must define risk, discuss the management of risks in a Scrum environment, and consider
the tools that facilitate the management of risks.
