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11: Agile Project Risk Management > PERFORM QUALITATIVE RISK ANALYSIS
PERFORM QUALITATIVE RISK ANALYSIS
Agile uses qualitative risk analysis and it uses probability impact analysis to prioritize the risks, and the risk register is informally documented using sprint risk tracker.
Agile follows only qualitative risk analysis.
Figure 11.6 Sprint risk tracker
Qualitative risk analysis is the process of assessing the impacts and likelihoods of identified risks and requires that the probability and consequences of the risks be evaluated using established qualitative analysis method.
For example, larger payback period results in higher risks impact in Agile project.
Quantitative risk analysis may happen after this analysis. Risk analysis is used to help a team understand the uncertainty that could affect the outcome of the project.