Risks Are Identified, Prioritized And Managed
A Risk is a possible event that may impact the outcome of a project.
All Risks are identified during the Inception Phase and a Risk List is developed which includes mitigations and contingencies plans for each Risk. Usually, a Risk List identifies up to 20 areas of concern.
Besides this formal procedure of Risk Strategies acceptance we conduct a full-scale risk management in each Iteration, including risk identification, analysis, and response planning.