What are some risks in Scrum? How are they handled?
Some types of risks in Scrum are:
Budget: The risk of exceeding budgets
People (team): Team members need to be of appropriate skill and capability
Sprint (duration and deliverables): Exceeding the duration, addition of the scope of work
Product (user stories, epics): Having ill-defined user stories and epics
Knowledge and capability: Having the appropriate resources
Managing risks involves identifying, assessing, analyzing, defining, and implementing risk responses, monitoring, and managing them. These are done on a continual basis right from the starting of the project until completion. It is essential to understand that the impact of the risk is based on the proximity of the actual occurrence of the risk.
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