Enterprise Risk Management

  2. Enterprise Risk Management

Agile Risk Mitigation Framework

Software organisations follow different methodologies for the development of software. The software development methodologies are mainly divided into two categories, including plan-driven and agile development. To attain project success, it is very significant to consider risk management during whole project. Agile development is considered risk-driven, but many risks are unreported at the industrial level.

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Body of Knowledge Cyber Risk Enterprise Risk Management Free Insights Risk Thought Leadership

The benefits of agile risk management in IT projects delivered through agile methodology

Digital transformation and external digital disruption require South African financial services to deliver large IT software projects. Banks adopted new ways of working such as using an agile methodology to ensure IT Projects are delivered faster-to-market and early client involvement. The challenge is that risk management functions are not mandatorily involved before and during the execution of IT projects by the Scrum teams who deliver these IT projects, which means that other sources of risk and opportunity risks may not be identified early.

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Body of Knowledge Cyber Risk Enterprise Risk Management Free Insights Risk Thought Leadership