Session: Risk is Relentless. Strategies for Managing Risk
In working in technology and with people, there is a lot of risk. There is risk in procuring the right resources; risks that things will happen in the world that we don't expect, Risks that certain types of errors will happen.
All kinds of risks.
During the workshop, I will share tools and tactics to help you know which risks deserve attention. We will discuss the following:
- We never know which risks are going to come to fruition, but we can leverage our team and stakeholder's knowledge to get a better sense on which risks we need to prioritze and address.
- Stating your risks in an 'If x, Then y' format allows your stakeholders to clearly understand the severity and impact if a specific risk were to happen.
- Team members want to share the various ways that things can go wrong; give them the right mechanism to do so.
- It's common to focus on the severity and likelihood of a potential risk. Detectability is an important point to consider as well. If we cannot detect that a risk is going to happen, it's potentially a risk that we need to prioritize over others.
Yuquan Holloway leads Holloway Consulting Group, a consulting practice focused on helping technology teams set goals, create plans, and solve complex problems. She spent 18 years driving successful change in the Information Technology and Supply Chain arena for a Fortune100 company.
Yuquan is a Project Management Professional (PMP) and a Lean Six Sigma Black Belt that focuses on demystifying project management. Throughout her career, she has focused on driving a culture of standard work and repeatable processes, stabilizing and simplifying core applications, reducing critical incidents, and delivering technology projects.