The document outlines risk management in agile project settings, emphasizing its significance for project success and competitiveness. It highlights common reasons for project failures and discusses best practices aligned with CMMI for managing risks throughout the project lifecycle. Strongstep, a company focused on software quality, demonstrates how effective risk management can mitigate adverse outcomes.

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Agile Risk Management
Rita Cunha
Strongstep
2014-10-24
Carla Pereira CIICESI – ESTGF INESC TEC

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© 2014 CMMI Portugal Conference Series – All Rights reserved.
About Strongstep
•Strongstep is a company specialized in software engineering that contributes to the improvement of software quality in Portugal and in the world.
•Projects portfolio:
Process improvement with CMMI DEV L2, L3, L5, CMMI SRV, TSP/PSP, combining agile/CMMI, Six Sigma, NP4457, Kanban, Scrum, ITIL, PMBOK, ISTQB, RUP
Universities
Enterprises
Reference Institutions

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Expected outcomes
•Understand the importance of risk management
•Present an approach to manage risks aligned with the best practices

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Context
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Project Success
Competitiveness
New strategies
Organizational Growth

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Context Why projects fail?
16%
53%
31%
Success
Challenged
Cancelled
The Standish Group Report, Chaos, 2014

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Context Why projects fail?
1.Incomplete Requirements
2.Lack of User Involvement
3.Lack of Resources
4.Unrealistic Expectations
5.Lack of Executive Support
6.Changing Requirements & Specifications
7.Lack of Planning

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© 2014 CMMI Portugal Conference Series – All Rights reserved.
Context What is a Risk?
Risk is an uncertain event or condition that, if occurs, has an effect on at least one project objective.
PMBOK Guide®, 4th Edition

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Agile values
Flexibility
Customer Centric
Working software
Collaboration
Simplicity
Communication
Natural
Learning
Pragmatism
Adaptability

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How can we manage risks in agile projects aligned with the best practices?

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Risk management
•Organizational level
•Project level

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Risk Management (RSKM) (CMMI-DEV)
“The purpose of Risk Management (RSKM) (CMMI-DEV) is to identify potential problems before they occur so that risk handling activities can be planned and invoked as needed across the life of the product or project to mitigate adverse impacts on achieving objectives.”

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Risk management and CMMI
SG 1 Prepare for Risk Management
SP 1.1 Determine Risk Sources and Categories
SP 1.2 Define Risk Parameters
SP 1.3 Establish a Risk Management Strategy
SG 2 Identify and Analyze Risks
SP 2.1 Identify Risks
SP 2.2 Evaluate, Categorize, and Prioritize Risks
SG 3 Mitigate Risks
 SP 3.1 Develop Risk Mitigation Plans
 SP 3.2 Implement Risk Mitigation Plans

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“The only thing harder than predicting the future is changing the past”

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Thank You!
Rita Cunha
rita.cunha@strongstep.pt
Strongstep
Carla Pereira
csp@inescporto.pt
ESTGF - IPP
INESC Porto