Getting to CMMI Level
3 Risk Management
What has your organization learned about risk management over the years?
Probably more than you think! As an organization matures, people learn and
collect valuable information about managing risks… information and assets
that can be leveraged while institutionalizing a powerful risk management
capability. As a learning organization, you can and should apply your
risk management lessons learned and historical data to build an effective
organizational risk management strategy.
This presentation discusses how to use your organization’s risk management
experiences to develop a CMMI Level 3 compatible risk management process.
It discusses the differences between CMMI Level 2 risk management (which
consists of just two specific practices PP SP2.2 and PMC SP1.3) and the
Level 3 risk management process area which calls for an organization wide
comprehensive risk management strategy. A formalized risk management
process will be received better if it is based on real data from your
organization, as opposed to a methodology copied from another, perhaps
dissimilar organization.
A step-by-step approach for transitioning from Level 2 to Level 3 risk
management is provided. The steps given are not tool specific and can be
used in any size organization to move risk management to the next level
and provide useful improvements even if your organization is not pursuing
a CMMI maturity or capability level rating.