Pull Systems

New Approaches to Risk Management

Level: Practicing

For almost a decade our community has claimed that agile is a risk-driven approach. Yet there is very little published material on agile risk management. Traditional risk management is based on avoidance of external variations. While, traditional project scheduling treats tasks homogeneously from a risk perspective. Lean pull systems and Real Options Theory provide new means to manage overall business risk in technology projects. This tutorial describes 3 techniques that evolved in the kanban community that increase sophistication of risk management and provide improved business agility.

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