The video tutorial discusses the concept of risk in both Scrum and traditional project management. It highlights the importance of documentation and planning in managing risks. The tutorial explains that risks can be both positive and negative, and emphasizes the need for proper planning and coordination among team members to handle risks effectively. It also covers different organizational risk attitudes, such as risk-averse, risk-neutral, and risk-seeking, and explains the concepts of risk appetite, tolerance, and threshold. Finally, it outlines methods for identifying and analyzing risks, including the use of checklists and retrospective meetings.

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