Operational Risk Management vs Project Risk Management

Developers should learn ORM when working in regulated industries (e meets developers should learn project risk management to enhance project success rates by anticipating and mitigating issues like scope creep, technical debt, or resource shortages, which are common in software development. Here's our take.

Operational Risk Management

Nice Pick

Developers should learn ORM when working in regulated industries (e

Pros

• g
• Related to: risk-assessment, compliance-management

Cons

• Specific tradeoffs depend on your use case

Project Risk Management

Developers should learn Project Risk Management to enhance project success rates by anticipating and mitigating issues like scope creep, technical debt, or resource shortages, which are common in software development

Pros

• It is crucial for roles involving project leadership, agile teams, or complex systems where uncertainties can derail timelines and budgets
• Related to: project-management, agile-methodologies

Cons

• Specific tradeoffs depend on your use case

The Verdict

Use Operational Risk Management if: You want g and can live with specific tradeoffs depend on your use case.

Use Project Risk Management if: You prioritize it is crucial for roles involving project leadership, agile teams, or complex systems where uncertainties can derail timelines and budgets over what Operational Risk Management offers.

The Bottom Line

Operational Risk Management wins

Developers should learn ORM when working in regulated industries (e