Devising a project risk management method under scrum conditions based on cognitive approach

Abstract

Any project implemented using Scrum is characterized by the impact of risks, including negative changes in the environment and crisis circumstances. Therefore, the processes related to risk management, which is the object of this paper, become important. The problem solved in this study is to improve the efficiency of projects through the construction of a longterm strategy for reducing the level of risk and avoiding negative consequences for projects in the context of Scrum. The proposed method of risk management has been developed on the basis of the application of the synthe-sis of management of intelligent decision-making technolo-gies and formalized methods. Difficult external circumstances are characterized by a high degree of uncertainty and do not always contribute to the successful implementation of the project. Therefore, this method of project risk management under Scrum conditions based on a cognitive approach is characterized by a combined combination of cognitive analysis, mathematical modeling, and expert methods. As part of the method, a model of project risk management under Scrum conditions has been built in the form of a fuzzy cognitive map, which could ensure determining the optimal strategic deci-sion in dynamics, taking into account the effects of various factors. The result of applying this method is compliance with time limits, reduction of overspending of resources and losses in the project, as well as adaptation to rapidly changing circumstances and adequate response.The method of project risk management is characterized by solving the problem of formalizing management decision-making procedures and their information support, taking into account the availability of both quantitative and qualitative data. Within the framework of this method, aproject risk management procedure under Scrum conditions has been proposed, which contributes to the systematization, monitoring, and control of risks under the conditions of complex, rapidly changing crisis circumstances.