Mitigation of product development risks

Scrum does not offer a formal risk management process. Rather, through the use of this framework, risk mitigation is inherent to the product development process itself.

The 2018 CHAOS Report, a study by the Standish Group, shows that from 2013 to 2017, only 26% of software development projects that did not use Scrum or similar methods ended up on budget, on time and with satisfied customers (THE STANDISH GROUP, 2018). This statistic demonstrates that among the main risks in this type of work, are the delay or failure to make deliveries and the implementation of features that do not meet the needs of users and the business, which lead to customer dissatisfaction.

The same study notes that among the main elements of success with Scrum are teamwork, the ability to make quick decisions, shared responsibility, and short deliveries, complemented by feedback.

As we have seen in the previous sections, by directly addressing these issues and taking into account the focus on quality and people, Scrum can help minimize the main risks in product development.