Project Management Theory and Practice
Project Management Theory and Practice
Project Management Theory and Practice
LINEAR (WATERFALL)
At least 5 to 7 stages follow the waterfall method in strict linear sequence, in which a step
cannot begin until the preceding phase is finished. The exact titles of the waterfall stages vary,
but initially they were described as follows by its creator, Winston W. Royce:
Needs: The essential element of the waterfall approach is to collect all client requirements at the
start of the project, so that all subsequent phases may be scheduled until the product is
completed, without any more customer contact. It is believed that in this waterfall management
phase all criteria can be met.
Design: The waterfall design phase is ideally split into two sub-phases: logical design and
physical design. When potential solutions are discussed and hypothesized, the logical design
subphase. The sub-phase of physical design is when these theoretical concepts and schemes are
converted into specifications.
Verification: This is when the client checks the product to ensure it fulfills the criteria set out at
the start of the waterfall process. The finished product is released to the client.
Maintenance: During the maintenance phase, the client frequently uses the product to detect
faults, inadequate features and other problems during production. The manufacturing team
should apply these fixes till the client is pleased.
AGILE
SCRUM
When a client (within or outside) enters the team with a particular requirement, the end
product is divided into several pieces. (Traditionally this was a software requirement, but for any
project that consists of several phases and components, such as a marketing launch, the method
works as well.) The parts are given priority and addressed in a series of brief sprints. Teams may
select their own sprint time if fewer than four weeks are required (one to two weeks is common).
The team provides a product increase at the conclusion of each sprint – mostly a version of the
product that can be delivered if required. Transparency is an important concept in Scrum, so that
teams and stakeholders jointly evaluate the outcomes of each sprint. This ensures that everyone
has their goals and deliverables on the same page and any changes can be addressed
immediately. Teams encourage internal openness through daily standups. During these short,
15-minute sessions, everyone tells what they did last night, what they are planning to do on that
day and any "impediments" (factors that are keeping them from working more efficiently). This
visibility helps identify issues and rapidly lead them to the forefront, so that the team can
confront them collectively and conquer them.
ADAPTIVE
Passive
Passive adaptive management enables you to acquire key lessons from the existing
management style throughout the process. You may then utilize the knowledge you get from one
iteration on the next one. In this manner, all associated uncertainties may be minimized.
Active
Active Adaptive Management allows you via trials to find the optimal management approach.
Here are the key stages in establishing Active Adaptive Management:
Defines and flexibilizes the project approach. In this manner, if required, you may reverse
choices.
Break into several iterations your project strategy (phases).
Create a more comprehensive strategy with a timeline and risk list for the next step. Make
sure that you do not prepare for future iterations in detail since you cannot foresee all
possible project modifications.
Conduct a quantitative risk analysis to assist you understand what will occur in the case
of specific hazards with the project planning.
Execute and measure one or more project scenarios.
References
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