Risk = Cumulative Cost – Cumulative Value

Henrik Kniberg has a presentation online called “What is Agile?” It includes a method of visualizing risk as the gap between cumulative cost and cumulative value, as well as methods of visualizing risk mitigation strategies.

I found it valuable. Here are some representative slides:

Big Bang = Big Risk

Agile = Iterative + Incremental

Improving the Value Curve

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