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Agile Risk Management

A risk is considered to be an uncertain event(s) that has the potential to contribute to the success or failure of a project. Positive risks are defined as opportunities and threats are risks that can affect the project in a negative way. In the agile world, adverse risks are of greater concern because they have the potential to have an adverse impact on value added for the customer. This is not to say that opportunities are overlooked; threats, however, have a higher priority level. The author believes that changes represent opportunities to add value for the customer and are eagerly added to the product as they are revealed.

Risks should be managed throughout the entire project. This means that risks need to be identified, ...

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