{"id":14804,"date":"2020-12-15T08:00:00","date_gmt":"2020-12-15T14:00:00","guid":{"rendered":"https:\/\/blog.planview.com\/?p=14804"},"modified":"2022-09-27T14:11:17","modified_gmt":"2022-09-27T19:11:17","slug":"managing-risks-with-roam-in-agile","status":"publish","type":"post","link":"https:\/\/blog.planview.com\/managing-risks-with-roam-in-agile\/","title":{"rendered":"Managing Risks with ROAM in Agile"},"content":{"rendered":"\n<p>Effective risk management is critical to the success of any project, but The Scaled Agile Framework (<a aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.planview.com\/resources\/guide\/scaled-agile-framework-how-technology-enables-agility\/scaled-agile-framework\/\" target=\"_blank\" rel=\"noreferrer noopener\" class=\"ek-link\">SAFe\u00ae<\/a>) doesn\u2019t offer a clear-cut solution for how to go about it in a scaled Agile environment. Here\u2019s how ROAM risk management can help ensure that you\u2019re effectively managing risks at every level of your Agile organization.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/blog.planview.com\/managing-risks-with-roam-in-agile\/#Why_Risk_Management\" >Why Risk Management?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/blog.planview.com\/managing-risks-with-roam-in-agile\/#SAFe_and_Risk_Management\" >SAFe and Risk Management<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/blog.planview.com\/managing-risks-with-roam-in-agile\/#What_is_ROAM_Risk_Management\" >What is ROAM Risk Management?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/blog.planview.com\/managing-risks-with-roam-in-agile\/#What_Does_ROAM_Stand_For\" >What Does ROAM Stand For?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/blog.planview.com\/managing-risks-with-roam-in-agile\/#ROAM_Risk_Management_at_Every_Level\" >ROAM Risk Management at Every Level<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/blog.planview.com\/managing-risks-with-roam-in-agile\/#Benefits_of_ROAM_Risk_Management\" >Benefits of ROAM Risk Management<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-why-risk-management\"><span class=\"ez-toc-section\" id=\"Why_Risk_Management\"><\/span>Why Risk Management?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The importance of effectively, proactively identifying and managing risks cannot be overstated. Even if the projects you\u2019re working on are not safety- or mission-critical, a lack of proper risk management can seriously derail even the best laid plans.<\/p>\n\n\n\n<p>And if you are working on safety- or mission-critical projects, poor risk management can have serious consequences, not only within the scope of the project, but also in the long-term, in the reputation of the company.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>From a business perspective, effective risk management is also a form of insurance &#8212; protecting your bottom line from costly, preventable errors.<\/p><\/blockquote>\n\n\n\n<p>Effective risk management can help to keep your projects on track, on budget, and within scope. Teams can usually handle their own risk management using fairly simple methods, but challenges arise when organizations try to practice risk management at scale. With more and more companies embracing Agile at scale, the need for a scalable approach to risk management has become increasingly common.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"622\" src=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/12\/ROAM-1024x622.png\" alt=\"ROAM Risk Management in Planview AgilePlace\" class=\"wp-image-14809\" srcset=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/12\/ROAM-1024x622.png 1024w, https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/12\/ROAM-300x182.png 300w, https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/12\/ROAM-150x91.png 150w, https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/12\/ROAM-768x467.png 768w, https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/12\/ROAM.png 1193w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Planview AgilePlace offers a way to easily visualize and manage ROAM and risk management.<\/figcaption><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-safe-and-risk-management\"><span class=\"ez-toc-section\" id=\"SAFe_and_Risk_Management\"><\/span>SAFe and Risk Management<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><a href=\"https:\/\/www.scaledagileframework.com\" target=\"_blank\" rel=\"noreferrer noopener\" class=\"ek-link\">SAFe<\/a> does not provide a turn-key solution for scaling risk management across the various levels of the organization. (Before SAFe 5.0, these levels included the Team, Program, Large Solution, and Portfolio levels. The newest version of SAFe modifies this to the Essential, Large Solution, and Portfolio levels.)<\/p>\n\n\n\n<p>However, most practitioners have found that identifying and categorizing risks as part of a collaborative exercise is the best approach for practicing risk management at scale.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/info.planview.com\/taming-the-agile-chaos-with-agile-program-management-_demo-on-demand_lad_en_reg.html?_ga=2.34047905.184481011.1664207759-1324031010.1621865584&amp;_gac=1.81214565.1662564004.Cj0KCQjwguGYBhDRARIsAHgRm49Uf3yHAoPmQBQaSD2lVGxWfrH8ZVgArBszHdPoYn8-4KZPpjn8XmEaAgKxEALw_wcB\" target=\"_blank\" aria-label=\"Watch the Solution Demo: (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\">Watch the Solution Demo:<\/a> Taming the Agile Chaos with Agile Program Management:\u00a0How Planview supports Essential SAFe<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-roam-risk-management\"><span class=\"ez-toc-section\" id=\"What_is_ROAM_Risk_Management\"><\/span>What is ROAM Risk Management?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Many Agile organizations have turned to the ROAM risk management model to identify and categorize risks. ROAM provides Agile organizations with a collaborative, actionable, proactive approach to practicing risk management at scale.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-does-roam-stand-for\"><span class=\"ez-toc-section\" id=\"What_Does_ROAM_Stand_For\"><\/span>What Does ROAM Stand For?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>ROAM is an acronym that stands for Resolve, Own, Accept, and Mitigate &#8212; four potential actions for how to handle a potential risk. The goal of the ROAM risk management approach is to help organizations make sure all potential risks are being dealt with appropriately.<\/p>\n\n\n\n<p>Once a risk has been identified, it is assigned into one of the following categories:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong><em>Resolved: <\/em><\/strong>The risk is determined to not be a threat at this time. No further action is required.<\/li><li><strong><em>Owned: <\/em><\/strong>The risk cannot be resolved within the meeting, so a member of the team is selected to \u2018own\u2019 the handling of that risk. This person is responsible for making sure that this risk is appropriately managed.<\/li><li><strong><em>Accepted:<\/em><\/strong> The risk cannot be resolved, so it must be accepted as-is and dealt with as necessary.<\/li><li><strong><em>Mitigated: <\/em><\/strong>A plan needs to be formulated to eliminate the threat of the risk.<\/li><\/ul>\n\n\n\n<p>After the risks are organized into these categories, a vote of confidence is taken, to decide which risks are worth working on or not.<\/p>\n\n\n\n<p>If a risk is Resolved, Accepted, or Mitigated, it is effectively dealt with during the course of the PI planning session. The only exception to this is Owned, which requires further action on behalf of the \u201cowner\u201d of that risk. It\u2019s important to have procedures in place to follow up on any risks that fall into the \u201cOwned\u201d category, to make sure that these risks are effectively planned and executed.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.planview.com\/resources\/guide\/scaled-agile-framework-how-technology-enables-agility\/program-increment-planning\/\" target=\"_blank\" aria-label=\"Read Next: (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\">Read Next:<\/a> Program Increment Planning (PI Planning)<\/strong><\/p>\n\n\n\n<p>Tip: If your Agile organization is already using an <a href=\"https:\/\/www.planview.com\/products-solutions\/solutions\/enterprise-agile-planning\/enterprise-kanban\/\" class=\"ek-link\">enterprise Kanban <\/a>solution to visualize and manage its work, then consider visualizing your risk management efforts in the same place. Create a ROAM Board to use during PI planning, where you brainstorm and categorize risks. Then, move any outstanding risk management-related tasks to the appropriate execution boards so that they are visualized.<\/p>\n\n\n\n<p>Of course, risks can also emerge after work has already started. If (and when) this happens, the ROAM risk management model can be used to decide how to adequately handle these risks. <em><\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-roam-risk-management-at-every-level\"><span class=\"ez-toc-section\" id=\"ROAM_Risk_Management_at_Every_Level\"><\/span>ROAM Risk Management at Every Level<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The ROAM model can be used within Agile teams, but it can also be helpful for managing risks at higher levels. Most practitioners agree that team-level risks should be handled at the team level, ideally during PI planning. But risks that could affect the whole Agile Release Train (ART) should be escalated to the Program level.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.planview.com\/resources\/guide\/what-is-agile-program-management\/agile-release-trains\/\" target=\"_blank\" aria-label=\"Read Next: (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\">Read Next:<\/a> What are Agile Release Trains?<\/strong><\/p>\n\n\n\n<p>Having effective escalation practices in place means that teams don\u2019t have to worry about facing or managing the same risk more than once. It also means that mitigation practices for higher-level risks are more likely to be successful, because they\u2019ll take the entire scope of the risk into account.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-benefits-of-roam-risk-management\"><span class=\"ez-toc-section\" id=\"Benefits_of_ROAM_Risk_Management\"><\/span>Benefits of ROAM Risk Management<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Collaboration is an essential ingredient for effective risk management. With the ROAM model, the entire Agile organization is called to help identify and prioritize risks, and make sure they are handled adequately.<\/p>\n\n\n\n<p>The ROAM risk management method creates a system of accountability for risk management that can save your organization time, money, effort, and stress. If you\u2019ve been looking for a more effective method for managing risk in your Agile organization, give the ROAM model a try.<\/p>\n\n\n\n<p>To learn more about how Planview <a href=\"https:\/\/www.planview.com\/products-solutions\/solutions\/enterprise-agile-planning\/agile-program-management\/\" class=\"ek-link\">Agile Program Management<\/a> supports ROAM, check out the webinar <a href=\"https:\/\/info.planview.com\/roi-of-agile-scaling-and-transformation-_webinar_lad_en_reg.html\" target=\"_blank\" rel=\"noreferrer noopener\">The ROI of Agile Scaling and Transformation<\/a> where we discuss how Planview AgilePlace allows you to track and resolve risks in one place.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Effective risk management is critical to the success of any project, but The Scaled Agile Framework (SAFe\u00ae) doesn\u2019t offer a clear-cut solution for how to go about it in a scaled Agile environment. Here\u2019s how ROAM risk management can help ensure that you\u2019re effectively managing risks at every level of your Agile organization. Why Risk&#8230;<\/p>\n","protected":false},"author":132,"featured_media":14807,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":4,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[8584,521],"tags":[],"class_list":["post-14804","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agile-program-management","category-lean-agile"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Managing Risks with ROAM in Agile - Planview Blog<\/title>\n<meta name=\"description\" content=\"Risk management is critical for any project. 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Learn about ROAM risk management and how the right technology helps manage the process.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blog.planview.com\/managing-risks-with-roam-in-agile\/\" \/>\n<meta property=\"og:site_name\" content=\"Planview Blog\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/pages\/Planview-Inc\/89422974772\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-15T14:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-27T19:11:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/12\/Roam-RISK.gif\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/gif\" \/>\n<meta name=\"author\" content=\"Emily Peterson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Planview\" \/>\n<meta name=\"twitter:site\" content=\"@Planview\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Emily Peterson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/blog.planview.com\/managing-risks-with-roam-in-agile\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/blog.planview.com\/managing-risks-with-roam-in-agile\/\"},\"author\":{\"name\":\"Emily Peterson\",\"@id\":\"https:\/\/blog.planview.com\/#\/schema\/person\/4c7f74a4e385a0c041dbd2a96c4db32e\"},\"headline\":\"Managing Risks with ROAM in Agile\",\"datePublished\":\"2020-12-15T14:00:00+00:00\",\"dateModified\":\"2022-09-27T19:11:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/blog.planview.com\/managing-risks-with-roam-in-agile\/\"},\"wordCount\":955,\"publisher\":{\"@id\":\"https:\/\/blog.planview.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/blog.planview.com\/managing-risks-with-roam-in-agile\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/12\/Roam-RISK.gif\",\"articleSection\":[\"Agile Program Management\",\"Enterprise Agile Planning\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blog.planview.com\/managing-risks-with-roam-in-agile\/\",\"url\":\"https:\/\/blog.planview.com\/managing-risks-with-roam-in-agile\/\",\"name\":\"Managing Risks with ROAM in Agile - Planview Blog\",\"isPartOf\":{\"@id\":\"https:\/\/blog.planview.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/blog.planview.com\/managing-risks-with-roam-in-agile\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/blog.planview.com\/managing-risks-with-roam-in-agile\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/12\/Roam-RISK.gif\",\"datePublished\":\"2020-12-15T14:00:00+00:00\",\"dateModified\":\"2022-09-27T19:11:17+00:00\",\"description\":\"Risk management is critical for any project. 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