The Unseen Icebergs in Product: Why Risk Management Is Important
Why you should implement risk management, the 4 types of product risks and techniques that can help address them.
In the tech industry, risk management is a critical tool in ensuring the long-term success of a product and stability of an organization. Just like an iceberg, many risks may lie beneath the surface, unseen and potentially catastrophic if not properly managed.
But how to understand and mitigate these risks before they hit?
What you’ll find in this guide:
Why is Risk Management Important? ✅
Most Common Risks in Tech Companies 🧊
The Four Type of Product Risks by Marty Cagan 🍀
Example of Risks for a Food Delivery App 🍔
Tips for Addressing Product Risks 💡
6 Techniques to Identify Risks 🧰
Why is Risk Management Important?
Risk management is a vital process within any organization that includes the methodical application of strategies and procedures to manage negative situations that could harm your project.
The process generally involves the identification, assessment, and prioritization of risks, followed by the coordinated and economical application of resources t…
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