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Risk management of projects. Theoretical foundations and approaches for Scrum
Larissa Petersen
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Sozialwissenschaften, Recht, Wirtschaft / Management
Beschreibung
Research Paper (undergraduate) from the year 2017 in the subject Business economics - Business Management, Corporate Governance, grade: 1.0, AKAD University of Applied Sciences Stuttgart, language: English, abstract: As a result of global networking, software development projects are carried out in cooperation with foreign specialists. This increases efficiency, but also increases the probability of personnel, cultural and legal risks. The software industry is highly dynamic and the market situation is changing due to the rapid development of new technologies. To complete projects efficiently, companies rely on agile development procedures such as Scrum. Although Scrum is not part of the project management procedures, it takes over some points from classic project management: work packages must be prioritized, estimated and planned for the individual sprints. Scrum has few risk management approaches, which means that gaps can be identified, e.g. risks due to missing fixed prices, planning reliability. Thus, software vendors are in the dilemma of having to balance the pace of product development and product quality while considering the risks. This paper provides an exemplary elaboration on how Scrum can be expanded with little time and cost input through risk management.
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risk management, scrum