Picture a start-up technology business, where the founders are trying to carve out a sustainable business niche. The sector is changing fast, and they must quickly develop a service that users are prepared to pay for. This is tricky!
They can only find out so much through market research, so they need to experiment. This means trying a variety of different offerings. Step-by-step, they need to learn from these and try improved offerings until they develop a solution that really works.
You can probably see that many work-related projects – particularly those involving complex, fast-moving situations – resemble this scenario. You can be working towards one deliverable or solving one problem, but then need to change course and revise your plans.
If you’re using a traditional project management approach, these revisions will lead to missed deadlines, inflated costs, and increased workloads. And, in a worst-case scenario, you can find that the situation has changed so much during the course of the project that your final product, when it is eventually delivered, is no longer relevant.
What is Agile Project Management?
Agile Project Management is built around a flexible approach. Team members work in short bursts on small-scale but functioning releases of a product. They then test each release against customers’ needs, instead of aiming for a single final result that is only released at the end of the project.
The end product of an agile project may be very different from the one that was envisaged at the outset. However, because of the checking process, team members can be sure that the product is one that customers want.
This makes Agile Project Management particularly appropriate for new or fast-moving businesses, for those in a fast-changing environment, or for highly complex situations, where managers are “feeling their way forward” to find the optimum business model. It’s also helpful with urgent projects that can’t wait for a full, traditional project to be set up.
Want to Learn More About Agile Project Management?
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