Summary

In this chapter, we learned how to drive clarity in risk management through the steps of the risk assessment process. We discussed the different risk strategies available and how tracking risks is a constant process where the strategy that’s utilized to address risk may change over time. Then, we discussed some key risk categories that show up in the tech industry. We also dove deeper into the Mercury program by driving clarity in terms of the identified risks. Lastly, we looked at how risk management differs in scope from the program to project levels and used the Mercury program to illustrate how a program decision can both remove and create risk based on the project composition of the program.

In Chapter 8, we’ll close our deep dive into key management areas by focusing on stakeholder management. We’ll learn how to drive clarity with stakeholders through various stakeholder processes, such as communication plans and status reporting. We’ll...