Risk Management

Risk management is not explicitly addressed in agile methodologies. However, when prioritizing backlog items, risk is one of the key criteria and is intended to ensure that work packages that mitigate or resolve risks are addressed as early as possible. (See Backlog Prioritization). These are typically what are known as project risks. Project Risks Furthermore,…

Knowledge Gaps

Today, product developments very rarely start “on the green field”. Depending on the competence of the organization, certain things are already known and can be reused. The P4 framework describes all unknown things as “Knowledge Gaps”. The idea behind this is that product development can be considered complete once all knowledge gaps have been turned…