Agile project management (APM) is a strategy that breaks large projects into smaller, more manageable tasks. In the APM methodology, each project is completed in small sections – often referred to as iterations. Each iteration is completed according to its project life cycle, beginning with the initial design and progressing to testing and then quality assurance.
- Understanding agile project management
- The four key values of the agile project management
- Advantages of the agile project management approach
- The Importance of A Project Management Process
- Key takeaways
- What are the four key values of agile project management?
- What are the key advantages of afile project maanagement?
- What does Agile Project Management fix?
- Related Agile Business Frameworks
Understanding agile project management
In a dynamic and complex world, businesses must be able to change direction and adapt quickly.
While the software and marketing industries are perhaps most associated with APM, all businesses can benefit from adopting agile methodology.
Indeed, it is now being utilized in car manufacturing, universities, and also for military purposes to name a few.
The time that it takes for an iteration to be completed is called a sprint, and sprints typically run for a few days or as many as four weeks.
Ultimately, this approach to project management allows iterations to be released as they are completed.
Upon release, each iteration is then critiqued by a review team composed of key stakeholders.
These stakeholders gain insights from the current iteration to guide the direction of the next iteration (step) in the process.
The four key values of the agile project management
The APM framework is based on the Agile Manifesto which was originally written to guide software development.
However, the four key values listed in the manifesto can be applied to almost any industry that has a focus on meeting consumer needs.
Individuals and interactions over processes and tools
In the face of advanced technology, the APM framework still recognizes the importance of human input.
Working software over comprehensive documentation
When project teams avoid being bogged down by small, insignificant details, they can focus on delivering results.
Customer collaboration over contract negotiation
Traditionally, customers are only involved at the beginning and end of project management.
However, in APM the customer is involved with every step of the process to ensure their input is incorporated.
Responding to change over following a plan
Agile project management works with change instead of actively trying to resist it.
It emphasis creating a minimum viable product (MVP) at regular intervals as the process moves from iteration to iteration.
Advantages of the agile project management approach
Early error detection
By allowing faults to be detected as they occur, agile project management negates the need for expense fixes once a product has gone to market.
When travel company Thomas Cook found that their slow website left customers unable to purchase, they switched to APM.
Over the next 3 months, the company was able to detect loading errors early and recouped an estimated $190,000 in lost business.
The APM approach increases trust, builds accountability, and encourages a diverse range of ideas.
As a result, projects are delivered efficiently with a focus on continuous improvement and user experience.
Increased sales and profits.
Businesses who adopt a more agile approach spend less time and thus less money developing products.
But perhaps the single biggest cost-saving lies in the decreased reliance on expert consultation to guide the development process.
In the APM approach, the experience level of junior engineers and developers is fast-tracked through hands-on learning.
Project Management, simply, is a way to manage and organize things with a team of professionals working closely to achieve business targets and goals. Every department of a company, whether small or big, can’t survive without proper management and monitoring of its employees and their workings.
We’ll see in this article how a clear project management process helps your organization in being more productive and your business model better rolled out in the marketplace.
The Importance of A Project Management Process
From outside the four walls of an organization, project management might seem simple and easy.
But to a surprise, it’s not merely limited to knowing the workflow, solving complex puzzles, and implementing the designed rules.
This field of work involves much more than expected and has some technical aspects as well that needs to be well defined and well processed. Take a look at a few:
- Internal/External Tasks.
- Business Budgets.
- Risk Management.
- Employee Management.
- And much more…
Why does project management in some cases fail? Let’s see some of the reasons:
- Projects sometimes become hard to handle as new projects may involve new working style
- Many times project managers are not able to understand the problem-solution space to get the expected results.
- Customers themselves are not clear with the actual requirements of the product/service they need
- Organized Working is something not achieved while handling teams, coordinating with peers, meeting deadlines, lack of resources, etc.
- Lack of proficiency and knowledge in the managers pulls back their growth due to which they are unable to see the big picture.
These were some general points to discuss and now take a look at the challenges the Project Leaders face at their job along with their respective fixes.
Take a rundown:
One of the most commonly seen reasons projects don’t get deployed on time is unrealistic expectations from the clients regarding the delivery of the product/service asked for.
The ‘Initial Deadline’ set is something that is not achievable due to which the project timelines usually slip, and the attempts go in vain.
In the cutthroat competition, targets are not set as per the real timeline frames, instead are driven by targeted business goals and requirements.
The Fixes to unreachable deadlines
Here, the senior level personnel can take care of the deadlines and other related parts, which requires proper planning, analysis, coordination and communication by keeping a close eye on the real-time progress of the ongoing project(s).
Many project management software and tools are available that helps you keep all the checks and plan your events, schedules, meetings, etc., thus keeping a clear track.
Poorly Defined Goals
A significant difficulty that both PMs face and the team members along with them is- what exactly to do, what to expect, where to start, and how to end.
The first step from where a project begins is with its achievable goals and acquirable objectives with a blueprint of all the phases to be executed.
The interrogatives how, when, and why must be answered before making a headstart.
If the goals and aims are not pre-defined in a transparent and explainable way, your endeavor is undoubtedly doomed to fail with a lot of confusion and chaos leading you nowhere.
The Fixes to poorly defined goals
The initiation must be with clear goals, prepared plans, specific direction, feasible deals, and kickoff meetings, allowing you to reach your destination with an understandable road map.
The management and planning tools can be used to better run the business projects.
Scope creep is what many senior professionals fear of and never want to witness.
The scope and direction of the project get off track when a project starts and moves in a certain way, but as it progresses, it is on another track leading a different path totally opposite to the specifications of the customer or client.
Many times, it is seen the project takes a different shape and a look, unlikely the beginning, which often results in project expansion outside the pre-set objectives.
This may further increase rework and use of additional resources, thus, incurring more cost and efforts.
The Fixes to unaligned scope
Avoid such a situation with proper planning, aligning goals, understanding customer needs, making realistic assumptions, documenting feasible deadlines, and communicating the objectives to the team.
All these will help you lead your management efforts to the right path, befitting you and your organization.
Lack of Skills and Abilities
A manager proceeds with his endeavors with the support of his team and its members.
Mostly in small companies, it is seen that people are assigned as per their availability, not their expertise and work experience, primarily when a new project is undertaken and to proceed with it.
Lack of knowledge and skills to work on new technologies, systems, and software prove to be dangerous for your project’s advancement.
The team members, in parallel with the seniors, are not trained to be a good fit for the roles, meet challenges and perform the assigned tasks; undoubtedly, the project development will see a setback in its progression and may lead to a halt.
The Fixes to lack of skills and abilities
Core competencies and master skills of employees must be documented, which may provide valuable insights about an individual’s expertise and area of work so that the right person can be aligned with the proper role to perform.
Also, the skill gaps can further be reduced by the provision of seminars, webinars, training, sessions, certifications, etc., encouraging them to boost their knowledge, thereby, improving their as well as business’s productivity.
The final deployment of your project with the desired outcomes can never be done with a miscommunication with the peers.
Poor communication is one of the biggest challenges to surpass to make your project’s delivery a big success.
Giving instructions, asking queries, and providing information all when done in the right and clear way dispenses semantic outputs.
So, open communication is what is needed where managers must pay close heed towards it by applying the best ways to portray the project and company goals for clear visibility among the team members.
The Fixes to disconnected communication
Collaboration software and tools available in the market are specially designed for the proper flow of communication among teams and different departments.
Such tools enable all the associated people to remain in a loop to be updated regarding the various iterations of the project development phases.
- Project Management is an inevitable aspect of Business Management, where high authorities and senior professionals must get aware of the management techniques and methodologies to derive fruitful benefits out of your attempts.
- There are many online training and courses available which one can go for to enhance their dexterities and show them up in their real-life projects to expand the brackets of knowledge and career both.
- Hope the soft documentation will help you sort out managerial issues pulling back your growth.
- Agile project management is an iterative development framework that breaks large projects into smaller parts, known as iterations.
- Agile project management advocates human over machine input and a focus on delivering results. It also focuses on customer collaboration and continuous product improvement.
- Agile project management allows businesses to develop products efficiently without an over-reliance on expensive consultation fees.
What are the four key values of agile project management?
The four key values of agile project management:
What are the key advantages of afile project maanagement?
What does Agile Project Management fix?
Related Agile Business Frameworks