Qualitative Risk Assessment in Project Management & Agile

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Qualitative Risk Assessment is a technique of risk management processes in agile and traditional projects. Although it is labeled ‘qualitative’, it involves an estimate and a quantification of both probability and impact at occurrence. When you are assessing risks, preparing communications to the team and stakeholders or prioritizing your risk response strategies, you will find …

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What Is Agile Risk Management? An Introduction.

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Agile Risk Management refers to the way agile projects manage risks. Comprehensive frameworks for predictive projects, such as the standards of the Project Management Institutes, suggest a number of processes, tools and techniques to manage project risks. Many agile frameworks tend to be more light-weight which is part of their charm but requires agile teams …

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Value Management in Agile Projects

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While traditional project management methodologies often describe value management processes and techniques, the approach agile frameworks follow to manage value is different. Value Management in Waterfall Projects The PMI methodology introduces Earned Value Analysis (EVA) and Management (EVM) as processes of the control cost process group. This includes measuring cost and schedule against the budget …

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