Risk management in traditional and agile project management

The dynamic development of the business environment has stimulated the efforts of managers for agile project management. This is mainly due to shortening time limits for project realization as well as vaguely set objectives that change during project implementation. The requirements on project managers and methodological risk management of projects have also changed. Organizations use projects to manage changes and to develop and deploy new products. In a competitive environment, only those who can manage the risks and realize the project more efficiently will succeed. The aim of the article is to highlight the importance of risk management and the possibilities of its implementation in traditional and agile approaches to project management. (C) 2019 The Authors. Published by Elsevier B.V.